On August 1, 2013, Renaissance entered into, and closed on, a Stock Purchase Agreement with LEC Acquisition LLC, a Delaware limited liability company, and K Acquisition LLC, a Delaware limited liability company. LEC Acquisition LLC owns 99% of Renaissance, and in turn is majority owned and controlled by Southvest Funds VI LP, a Delaware limited partnership. Southvest Funds VI is in turn controlled by Gen Cap America, a private investment firm headquartered in Nashville, TN.