Investment Summary

TZP Group Invests In LAC Group

On February 3, 2016, private equity firm TZP Group invested in information services company LAC Group

Investment Highlights
  • This is TZP Group’s 1st transaction in the Information Services sector.
  • This is TZP Group’s 16th transaction in the United States.
  • This is TZP Group’s 2nd transaction in California.
Investment Fate
  • LAC Group merged with another company in 2022.

Investment Summary

Date 2016-02-03
Target LAC Group
Sector Information Services
Investor(s) TZP Group
Deal Type Growth Capital

Target

LAC Group

Los Angeles, California, United States
website
LAC Group is a provider of outsourced knowledge management, information, library, and research services to market-cap leading customers across multiple industries, including media, legal, energy, aerospace & defense, academia, and federal government agencies. LAC Group was established in 1986 and is based in Los Angeles, California.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

TZP Group

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2007
PE ASSETS 1.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

TZP Group is a private equity firm focused on the business and consumer services sectors. Specific areas of interest include franchising, outsourced business, and IT services, marketing and media services, travel content and distribution, real estate services, specialty finance, and consumer health services. TZP looks to invest $10 to $130 million in for minority or minority positions in profitable companies with at least $10 million in revenue. TZP Group was formed in 2007 and is based in New York City.


DEAL STATS #
Overall 18 of 45
Sector (Information Services) 1 of 1
Type (Growth Capital) 7 of 18
State (California) 2 of 6
Country (United States) 16 of 42
Year (2016) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 TLC Hospitality

Garland, Texas, United States

TLC Hospitality is an asset-light logistics provider of FF&E. Customers of TLC include REITs, management companies, purchasing groups, developers, general contractors, designers, and individual owner-operators. TLC Hospitality is based in Garland, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 This Old House Ventures

Stamford, Connecticut, United States

This Old House Ventures is a multi-platform home improvement brand that offers homeowners trusted information and expert advice through two highly rated and award-winning television series, one of the category’s major and fastest-growing online destinations, a highly regarded magazine and comprehensive line of books, as well as capabilities that include custom video production, digital marketing, brand licensing, live events and custom publishing. This Old House Ventures was established in 1979 and is based in Stamford, Connecticut.

Buy -