Kohlberg & Company

Last updated
Kohlberg
Company type Private
Industry Private equity
Founded1987;38 years ago (1987)
Headquarters Mount Kisco, New York, U.S.
Key people
James A. Kohlberg (Chairman)
Products Investments, private equity funds
Website kohlberg.com

Kohlberg, formerly known as Kohlberg & Company, L.L.C, is an American private equity firm that focuses on leveraged buyout transactions. Founded by investor Jerome Kohlberg, Jr., the firm invests in a variety of transactions including leveraged carveout, take-private transactions, and acquisitions of privately held companies.

Contents

History

The firm was founded in 1987, [1] when American businessman and investor Jerome Kohlberg Jr. resigned from Kohlberg Kravis Roberts & Co. over differences in strategy. Kohlberg did not favor the larger buyouts, including Beatrice Companies in 1985 and Safeway in 1986, highly leveraged transactions or hostile takeovers being pursued increasingly by KKR. [2] [3] Instead, Kohlberg chose to return to his roots, acquiring smaller, middle-market companies, and in 1987 he formed Kohlberg & Company along with his son James, who at that time was a KKR executive. Their intent was to concentrate on transactions that could generate returns through revenue growth and operating improvements using only moderate leverage. [2] Jerome Kohlberg retired from Kohlberg & Company in 1994. [4]

Kohlberg & Company is headquartered in Mount Kisco, New York.

Acquisitions

In 2023, Kohlberg acquired majority stake in Engage PEO, an human resource outsourcing company. [5] In 2024, the firm acquired majority stake in CLEAResult, an energy service provider. [6] In 2025, the firm acquired RESA Power from Investcorp. [7] [8]

See also

References

  1. "Kohlberg & Co closes Fund VIII at $2.2bn hard cap". AltAssets. 20 December 2016. Retrieved 2016-12-20.
  2. 1 2 Sterngold, James (1987-06-19). "BUYOUT PIONEER QUITTING FRAY". New York Times . Retrieved 2020-06-13.
  3. Bartlett, Sarah (1989-08-30). "Kohlberg In Dispute Over Firm". New York Times. Retrieved 2020-06-13.
  4. Antilla, Susan (1994-04-24). "Wall Street; A Scion of the L.B.O. Reflects". New York Times. Retrieved 2020-06-13.
  5. "Deal Wrap: Kohlberg to invest in Engage PEO; TA, Warburg buy stake in ePassi". S&P Global. 9 August 2023.
  6. Segal, Mark (2024-09-04). "Kohlberg Acquires Majority Stake in Energy Transition-Focused Services Provider CLEAResult". ESG Today. Retrieved 2025-12-03.
  7. Martin, Matthew (2025-04-29). "$53 Billion Asset Manager Investcorp Sells US Firm to Kohlberg". Bloomberg.com. Retrieved 2025-12-03.
  8. Barreto, Sergio (2025-04-29). "Kohlberg acquires RESA Power from Investcorp". Alternatives Watch. Retrieved 2025-12-03.