
Leonard Green & Partners
Description
Leonard Green & Partners (LGP) is a prominent private equity firm headquartered in Los Angeles, California, established in 1989. The firm is recognized for its focus on control investments in market-leading companies across several key sectors, including consumer, healthcare, and retail. LGP's investment strategy centers on partnering with strong management teams to drive growth and enhance value in established businesses, often through strategic initiatives and operational improvements. Their approach emphasizes a long-term investment horizon, aiming to build sustainable enterprises.
LGP primarily targets companies with significant market positions and strong cash flow generation. The firm's investment philosophy is rooted in identifying businesses that can benefit from their deep industry expertise and extensive network. They are known for their collaborative approach, working closely with portfolio companies to implement growth strategies, which may include organic expansion, strategic acquisitions, and operational efficiencies. This hands-on partnership model is a hallmark of their investment style, aiming to unlock substantial value over their holding period.
The firm's substantial capital base underscores its capacity for significant investments. In 2023, Leonard Green & Partners successfully closed its ninth flagship fund, Green Equity Investors IX, with an impressive $14.75 billion in commitments. This fund is dedicated to investing in large, market-leading companies. Concurrently, they also closed Jade Equity Investors II, a complementary fund focused on middle-market companies, raising $2.75 billion. These fund sizes demonstrate LGP's capability to deploy substantial capital across a diverse range of deal sizes, from significant mid-market transactions to multi-billion dollar enterprise value acquisitions.
With over $75 billion of capital raised since its inception, Leonard Green & Partners has established itself as a leading force in the private equity landscape. Their consistent track record of successful investments and exits across various economic cycles highlights their disciplined investment process and ability to identify compelling opportunities. The firm's strategic focus and robust capital resources position it as a formidable partner for companies seeking growth capital and strategic guidance.
Investor Profile
Leonard Green & Partners has backed more than 26 startups, with 3 new investments in the last 12 months alone. The firm has led 15 rounds, about 58% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Post Ipo Equity, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, France.
- Strong thematic focus on Health Care, Retail, E-Commerce.
- Led 2 rounds in the past year.
- Typical check size: $100M – $2000M.
Stage Focus
- Private Equity (65%)
- Post Ipo Equity (27%)
- Series Unknown (4%)
- Series B (4%)
Country Focus
- United States (88%)
- United Kingdom (4%)
- France (4%)
- Canada (4%)
Industry Focus
- Health Care
- Retail
- E-commerce
- Manufacturing
- Software
- Medical
- Aerospace
- Sales
- Cooking
- Public Safety
Frequently Asked Questions
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