Lake Capital

Last updated
Lake Capital Partners
Type Private
Industry Private equity
Founded1998;24 years ago (1998)
FounderTerence Graunke and Paul Yovovich
Headquarters Chicago, Illinois, United States
Products Leveraged buyout, Growth capital
Total assets $321.0 million [1]
Number of employees
9
Website www.lakecapital.com

Lake Capital Partners is a private equity firm focused on growth capital and leveraged buyout investments in lower middle market companies across a range of service businesses. It was founded in 1998 by Terence Graunke and Paul Yovovich. Lake focuses on marketing, finance, operation and infrastructure, specialty services, healthcare, specialty consumer services, technology, and business process outsourcing.

In addition to traditional leveraged buyout transactions, Lake focuses on investing in rollup investments around a platform company. [2]

The firm, which is based in Chicago, Illinois, was founded in 1998 by Terence Graunke and Paul Yovovich. [3] The firm has raised approximately $1.3 billion since inception across its two funds. Prior to raising its 2002 debut fund with $500 million of commitments, Lake raised capital on a deal-by-deal basis. [4] In 2005, Lake raised its second fund, with $800 million of investor commitments.

Related Research Articles

Private equity (PE) typically refers to investment funds, generally organized as limited partnerships, that buy and restructure companies. More formally, private equity is a type of equity and one of the asset classes consisting of equity securities and debt in operating companies that are not publicly traded on a stock exchange.

<span class="mw-page-title-main">GTCR</span> Financial LLC private organization

GTCR LLC is a Chicago, Illinois-based private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. The firm principally invests in high-growth industries, including financial services & technology, healthcare, information services & technology, and growth business services.

<span class="mw-page-title-main">APriori Capital Partners</span> American private equity investment

aPriori Capital Partners is a private equity investment firm focused on leveraged buyout transactions. The firm was founded as an affiliate of Credit Suisse and traces its roots to Donaldson, Lufkin & Jenrette, the investment bank acquired by Credit Suisse First Boston in 2000. The private equity arm also manages a group of investment vehicles including Real Estate Private Equity, International Private Equity, Growth capital, Mezzanine debt, Infrastructure, Energy and Commodities Focused, fund of funds, and Secondary Investments.

Silver Lake is an American global private equity firm focused on investments in technology, technology-enabled and related industries. Founded in 1999, the firm is one of the largest technology investors in the world. Its investment holdings have included Airbnb, Alibaba Group, Ancestry.com, Broadcom, Credit Karma, City Football Group, Dell Technologies, Endeavor, Expedia Group, Fanatics, First Advantage, Global Blue, GoDaddy, Jio, Lightbox, Motorola Solutions, NortonLifeLock, Red Ventures, Sabre Corporation, Skype, SoFi, GLG, Seagate Technology, SolarWinds, TEG, Twitter, Unity Technologies, Waymo, Weld North Education, WP Engine, Vacasa, the A-League football competition in Australia, and ZPG. Silver Lake is headquartered in Silicon Valley, and has offices in New York, London and Hong Kong.

AlpInvest Partners is a Dutch private equity asset manager with over $47 billion of assets under management as of September 30, 2017. The firm invests on behalf of a broad range of institutional investors from North America, Asia, Europe, South America and Africa.

<span class="mw-page-title-main">CCMP Capital</span> American private equity investment firm that focuses on leveraged buyouts

CCMP Capital is an American private equity investment firm that focuses on leveraged buyout and growth capital transactions. Formerly known as JP Morgan Partners, the investment professionals of JP Morgan Partners separated from JPMorgan Chase on July 31, 2006. CCMP has invested approximately $12 billion in leveraged buyout and growth capital transactions since inception. In 2007, CCMP was ranked #17 among the world's largest private equity funds.

<span class="mw-page-title-main">History of private equity and venture capital</span> Aspect of history

The history of private equity and venture capital and the development of these asset classes has occurred through a series of boom-and-bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel, although interrelated tracks.

<span class="mw-page-title-main">H.I.G. Capital</span> US private equity and alternative assets investment firm

H.I.G. Capital is a Miami, Florida–based private equity and alternative assets investment firm with $50 billion of equity capital under management. The firm operates a family of private equity, growth equity, credit/special situation, primary lending, syndicated credit, and real estate funds. The company provides both debt and equity capital to small and mid-sized companies.

<span class="mw-page-title-main">Early history of private equity</span> Aspect of history

The early history of private equity relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.

<span class="mw-page-title-main">Private equity in the 1990s</span> Aspect of history

Private equity in the 1990s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital, experienced growth along parallel although interrelated tracks.

<span class="mw-page-title-main">Private equity in the 2000s</span> Aspect of history

Private equity in the 2000s represents one of the major growth periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital expanded along parallel and interrelated tracks.

<span class="mw-page-title-main">Trivest</span> American private equity firm

Trivest Partners, L.P. is the oldest private equity firm in the Southeast U.S., founded in 1981, and focuses exclusively on founder and family-owned businesses. Trivest is headquartered in Miami, Florida with regional offices in Charlotte, Chicago, Los Angeles, New York and Toronto. Trivest has provided "Private Equity for Founders" in the lower middle market through its flexibility in transaction structuring and related "Just Say No" program, which eliminates the typical pain points faced by founders looking to outside investment. The firm is largely industry-agnostic, but focuses on investments in the consumer, business services, healthcare, value-added distribution and niche manufacturing sectors.

AEA Investors is an American middle market private equity firm. The firm focuses on leveraged buyout, growth capital, and mezzanine capital investments in manufacturing, service, distribution, specialty chemicals, consumer product, and business services companies in the middle market. The firm makes investments primarily in the US and Europe, and periodically invests in Asia as well.

<span class="mw-page-title-main">Brockway Moran & Partners</span> Private equity firm

Brockway Moran & Partners is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries.

Wind Point Partners is an American private equity firm focused on growth capital investments and leveraged buyouts in middle-market companies. The firm focuses on the following industry sectors: Consumer Products, Industrial Products, and Business Services. Wind Point's strategy involves partnering with executives who typically have run a P&L of $1 billion or greater to acquire businesses with enterprise values between $100 million and $500 million.

<span class="mw-page-title-main">Blackstone Credit</span> American hedge fund

Blackstone Credit, formerly known as GSO Capital Partners is an American hedge fund and the credit investment arm of The Blackstone Group. GSO is one of the largest credit-oriented alternative asset managers in the world and a major participant in the leveraged finance marketplace. The firm invests across a variety of credit oriented strategies and products including collateralized loan obligation vehicles investing in secured loans, hedge funds focused on special situations investments, mezzanine debt funds and private equity funds focused on rescue financing.

Lightyear Capital is a private equity firm focused on leveraged buyout and growth capital investments in financial services companies.

<span class="mw-page-title-main">Metalmark Capital</span> American private equity firm focused on leveraged buyout

Metalmark Capital, formerly Morgan Stanley Capital Partners is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries. Metalmark was acquired by Citigroup Alternative Investments in December 2007.

<span class="mw-page-title-main">Chicago Growth Partners</span> American private equity firm

Chicago Growth Partners is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries, including, education, business services, healthcare and industrial growth.

Pamlico Capital, which was formerly called First Union Capital Partners and then Wachovia Capital Partners, is an independent private equity firm focused on growth capital and leveraged buyout investments in middle-market companies in the business services, technology services, telecommunications and healthcare industries.

References

  1. "Lake Capital AUM 13F" . Retrieved 22 April 2019.
  2. Lake Capital: Approach (company website)
  3. "Lake Capital: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-08-12.
  4. Lake Capital raises $500m for debut fund. Financial News, March 20, 2003