Leonard Green & Partners and Hancock Park Associates Acquire Leslie s

Leonard Green & Partners is a mega-sized private equity firm that invests in established companies that are leaders in their respective markets. Leonard Green will consider investments in consumer and business services, consumer products, distribution, media, and retail. Typical transaction values for acquisitions are between $500 million and $2 billion, however, the firm is capable of closing transactions valued up to $5 billion. Types of transactions include public-to-private, recapitalizations of privately held businesses, growth capital, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/assets from large corporations. Leonard Green & Partners was formed in 1989 and is based in Los Angeles, California.

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Hancock Park Associates (HPA) is a private equity firm that targets control investments in small to middle-market companies. HPA seeks to acquire interests in companies with annual revenues between $25 and $200 million and EBITDA between $2 and $20 million. HPA will consider opportunities across a range of industries with a preference for businesses involved in manufacturing and specialty retailing. HPA looks to invest $5 to $25 million per transaction. Hancock takes an active approach in managing each business to maximize value. Hancock Park was formed in 1986 and has offices in Los Angeles, California and Houston, Texas.

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