LLR Partners Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, LLR Partners has acquired 11 companies. It has also invested in 15 others.

LLR Partners’ most common sectors for investment are information technology (25%) and software (21%). The Firm’s most common investment types include growth capital (54%) and buyout (lbo, mbo, mbi) (17%). In total, LLR Partners has invested in 27 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2006 when it acquired Peachtree Settlement Funding for $619M.

In the last 3 years, LLR Partners has exited 14 companies. The Firm’s most common exit type is trade sale (62%). LLR Partners’ largest (disclosed) exit occurred in 2021 when it sold Message Systems for $600M.

Join Mergr to view LLR Partners’ full profile and discover more large private equity firms just like it.

M&A Summary

  • M&A Total Activity161
    • M&A Buy Activity104
    • M&A Sell Activity57
  • Total Sectors Invested 17
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 63
  • M&A Advisors 6

LLR Partners

Cira Centre, 2929 Arch Street,
Philadelphia, Pennsylvania 19104
United States
(215) 717-2900
www.llrpartners.com
info@llrpartners.com

LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $15 to $100 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.


Investment Criteria

Sectors of Interest: Automotive, Business Services, Consumer Services, Distribution, Education, Financial Services, Healthcare Services, Information Services, Information Technology, Internet Software and Services, Life Science, Manufacturing, Medical Products, Retail, Safety/Security, Software, Staffing, Technology Hardware

Target Transaction Types: Buyout (LBO, MBO, MBI), Going Private, Growth Capital, Recapitalization, Merger

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 10 -
Target EBITDA - -
Investment Size 15 100
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (6.2/yr) # 73 5 8 9 3 6 104
vol $635M $635M
Sell (4.0/yr) # 37 6 5 4 2 3 57
vol $1.3B $100M $778M $260M $600M $3.0B
  161

Most Recent M&A

Company Date Value Type
WizeHive, Inc. 2021-06-28 - Growth Capital
Conshohocken, Pennsylvania · www.wizehive.com
Vehicle Tracking Solutions 2021-06-22 - Growth Capital
Commack, New York · www.vtscorporate.com
Archer 2021-06-08 - Secondary Buyout
Berwyn, Pennsylvania · www.archerims.com
Message Systems, Inc. 2021-04-28 600M USD Add-on Acquisition
Columbia, Maryland · www.sparkpost.com
CompoSecure LLC 2021-04-19 - IPO
Somerset, New Jersey · www.composecure.com
Acre LLC 2021-03-11 - Secondary Buyout
Las Vegas, Nevada · www.acre-co.com
Azalea Health Innovations, Inc. 2021-03-02 - Secondary Buyout
Atlanta, Georgia · www.azaleahealth.com
Salute, Inc. 2021-02-23 - Growth Capital
Clinton Township, Michigan · www.salutemissioncritical.com
Dizzion, Inc. 2021-01-05 - Add-on Acquisition
Denver, Colorado · www.dizzion.com
eOriginal, Inc. 2020-12-10 260M EUR Add-on Acquisition
Baltimore, Maryland · www.eoriginal.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
DaySmart Software, Inc. 2019-10-16 StormSource Software LLC 2020-12-22 3
Ann Arbor, Michigan · www.daysmart.com Scottsdale, Arizona · www.appointment-plus.com
Agility Recovery Solutions, Inc. 2001-01-01 Preparis, Inc. 2019-02-27 4
Charlotte, North Carolina · www.agilityrecovery.com Atlanta, Georgia · www.preparis.com
Agility Recovery Solutions, Inc. 2001-01-01 Rentsys Recovery Services, Inc. - Workspace Recovery Business Unit 2018-12-11 3
Charlotte, North Carolina · www.agilityrecovery.com College Station, Texas

M&A by Sector

Sector Current # Value All-time # Value
Information Technology 13 (31%) - 25 (24%) 16M (3%)
Software 7 (17%) - 21 (20%) -
Internet Software and Services 10 (24%) - 13 (13%) -
Healthcare Services 4 (10%) - 8 (8%) -
Financial Services 1 (2%) - 7 (7%) 619M (97%)
Business Services 5 (12%) - 7 (7%) -
Education - - 6 (6%) -
Medical Products - - 3 (3%) -
Safety/Security 2 (5%) - 3 (3%) -
Communications - - 2 (2%) -
Consumer Services - - 2 (2%) -
Retail - - 2 (2%) -
Automotive - - 1 (1%) -
Distribution - - 1 (1%) -
Electrical Equipment - - 1 (1%) -
Life Science - - 1 (1%) -
Marketing - - 1 (1%) -
Total 42 - 104 $635M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 42 (100%) - 103 (99%) 635M (100%)
  Pennsylvania 8 (19%) - 26 (25%) 619M (97%)
  New Jersey 2 (5%) - 10 (10%) 16M (3%)
  Maryland 1 (2%) - 9 (9%) -
  New York 3 (7%) - 8 (8%) -
  Massachusetts 2 (5%) - 5 (5%) -
  Florida 2 (5%) - 5 (5%) -
  Virginia 1 (2%) - 5 (5%) -
  Illinois 4 (10%) - 4 (4%) -
  Tennessee 2 (5%) - 4 (4%) -
  Georgia 2 (5%) - 4 (4%) -
  Texas 2 (5%) - 3 (3%) -
  North Carolina 2 (5%) - 2 (2%) -
  Michigan 2 (5%) - 2 (2%) -
  California 2 (5%) - 2 (2%) -
  Wisconsin 1 (2%) - 2 (2%) -
  South Carolina 1 (2%) - 1 (1%) -
  Oklahoma 1 (2%) - 1 (1%) -
  Connecticut 1 (2%) - 1 (1%) -
  Colorado 1 (2%) - 1 (1%) -
  Washington 1 (2%) - 1 (1%) -
  Utah 1 (2%) - 1 (1%) -
  Ohio - - 1 (1%) -
  Nevada - - 1 (1%) -
  Missouri - - 1 (1%) -
  Minnesota - - 1 (1%) -
  Kentucky - - 1 (1%) -
  Indiana - - 1 (1%) -
Netherlands - - 1 (1%) -
Domestic 42 (100%) - 103 (99%) 635M (100%)
Cross-border - - 1 (1%) -
Total 42 - 104 $635M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 24 (57%) - 56 (54%) -
Buyout (LBO, MBO, MBI) 4 (10%) - 17 (16%) -
Recapitalization 3 (7%) - 10 (10%) -
Secondary Buyout 7 (17%) - 10 (10%) -
Divestiture - - 3 (3%) 16M (3%)
Consolidation 2 (5%) - 3 (3%) -
Venture 1 (2%) - 2 (2%) -
Going Private - - 1 (1%) 619M (97%)
Acquisition Financing - - 1 (1%) -
Add-on Acquisition 1 (2%) - 1 (1%) -
Total 42 - 104 $635M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 24 (42%) 2.3B (78%)
Trade Sale 11 (19%) 600M (20%)
Secondary Sale 11 (19%) -
IPO 5 (9%) -
Merger 4 (7%) -
Divestiture 1 (2%) 74M (2%)
Sold to Management 1 (2%) -
Total 57 $3.0B

Top M&A Advisors

Financial Deals
Daiwa Corporate Advisory Ltd. (DC Advisory)
 1
Lincoln International
 1
Houlihan Lokey
 1
Legal Deals
Morgan, Lewis & Bockius LLP
 2
DLA Piper
 1

Deal Values

buy # Total
$100M to $1B 1 $619M
< $100M 1 $16M
TOTAL $635M
Largest Peachtree Settlement Funding, LLC
$619M (2006-11-21)
sell # Total
$100M to $1B 8 $2.7B
< $100M 4 $293M
TOTAL $3.0B
Largest Message Systems, Inc.
$600M (2021-04-28)

M&A Connections

Deals
Acquired from
Investor(s)
12%
12 (12%)
Strategic(s)
3%
3 (3%)
Exited to
Investor(s)
19%
11 (19%)
Strategic(s)
70%
40 (70%)

Investor Summary

Size

Large

PE Assets

3.5B USD

Established

1999

Specialist/Generalist

Generalist

Leadership

Kristen Chang

Managing Director, Human Capital

David Reuter

Partner

David Stienes

Partner

Howard Ross

Partner

Ira Lubert

Partner

 Subscribe to unlock this and 167,278
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 156K M&A Transactions
  • 163K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 55K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal