LLR Partners has held the final closing of LLR Equity Partners IV (LLR 4), a USD950m private equity fund that builds on the firm’s 15-year history of investing in and partnering with middle market growth companies.
LLR 4 began investing in 2013 and has closed investments in five companies – ACRE, Cigital, iJET, Logi Analytics and Ultisat.
“Since launching our first fund in 1999, LLR has brought a collaborative approach to working with middle market companies that have an opportunity to become leaders in their industry niches,” says LLR’s Mitchell Hollin.
LLR 4 remains focused on a broad range of industries, including business services; consumer and education; financial services; security, defence and government services; healthcare services; and software and IT services.
LLR provides capital and guidance to growth companies led by driven, entrepreneurial owners. With 40 investment professionals and eight experienced executives serving as operating partners, the firm invests between USD15m and USD100m in companies with up to USD150m in annual revenue.
LLR will invest in minority or majority ownership positions in a variety of transactions including growth capital, recapitalisations and buyouts.
