2021
2021 was another extraordinary year at LLCP. We completed 73 transactions, including 4 new platform investments, 62 add-on acquisitions and 7 highly successful exits across our funds and industry verticals. We’re grateful for the support from our valued team, partners and investors, and look forward to building on this momentum in 2022!
4 New Investments
* Investment made by CNL Strategic Capital, LLC, a holding company sub-managed by Levine Leichtman Strategic Capital, LLC, an affiliate of Levine Leichtman Capital Partners, LLC.
62 Add-On Acquisitions
Below are several portfolio companies that were active M&A platforms during 2021
7 Exits
L
LMM III Successful Fundraise
In September 2021, LLCP closed LLCP Lower Middle Market Fund III, L.P. (“LMM III”) with $1.38 billion of total capital commitments.
The fund was significantly oversubscribed at its hard cap.
LMM III is more than double the size of LLCP’s previous lower middle market fund, which closed in 2016 with total capital commitments of $615 million.
Global Platform Expansion
LLCP opened its ninth global office in Frankfurt, Germany, expanding its platform to the DACH region, and announced the hiring of Matthias Tabbert as a Managing Director. Mr. Tabbert will be responsible for establishing and managing the firm’s Frankfurt office, as well as leading LLCP’s Structured Private Equity origination and investing efforts in the DACH region.
Beverly Hills