Investment Summary

Levine Leichtman Capital Partners and CNL Strategic Capital Management Invest In Blue Ridge ESOP Associates

On March 26, 2020, mezzanine finance firm Levine Leichtman Capital Partners and asset manager CNL Strategic Capital Management invested in business services company Blue Ridge ESOP Associates

Investment Highlights
  • This is Levine Leichtman Capital Partners’ 7th and CNL Strategic Capital Management’s 3rd transaction in the Business Services sector.
  • This is Levine Leichtman Capital Partners’ 60th and CNL Strategic Capital Management’s 6th transaction in the United States.
  • This is Levine Leichtman Capital Partners’ 2nd and CNL Strategic Capital Management’s 1st transaction in Virginia.

Investment Summary
Date 2020-03-26
Target Blue Ridge ESOP Associates
Sector Business Services
Investor(s) Levine Leichtman Capital Partners
CNL Strategic Capital Management
Deal Type Growth Capital
Advisor(s) Deutsche Bank Corporate & Investment Banking (Financial)

Target

Blue Ridge ESOP Associates

Charlottesville, Virginia, United States
Blue Ridge ESOP Associates is a provider of an independent administration and record-keeping assistance for qualified retirement plans, focusing on serving the needs of companies with employee stock ownership plans (ESOPs). Blue Ridge ESOP Associates was founded in 1988 and is based in Charlottesville, Virginia.

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Investor(S) 2

Investor

Levine Leichtman Capital Partners

Beverly Hills, California, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 1984
PE ASSETS 12.9B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Levine Leichtman Capital Partners (LLCP) is a West Coast US based private investment firm that targets mezzanine and other structured equity investments in middle-market companies. The Firm has several funds, each with different strategies. LLCP's larger fund targets subordinated debt, preferred equity, and/or common equity investments in companies with $100 to $750 million of revenue. The Firm's smaller fund invests $5 to $15 million in emerging companies with less than $25 million in revenue. LLCP also invests in financially distressed businesses. LLCP was formed in 1984 and has offices in Beverly Hills, California; Chicago, Illinois; Dallas, Texas; New York City; and London.

DEAL STATS #
Overall 67 of 88
Sector (Business Services) 7 of 9
Type (Growth Capital) 4 of 8
State (Virginia) 2 of 2
Country (United States) 60 of 71
Year (2020) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Resolution Economics

Los Angeles, California, United States

Resolution Economics is a specialty consulting firm that provides economic and statistical analysis as well as expert testimony to leading law firms and corporations in labor & employment and commercial litigation matters. Resolution specializes in highly complex class action lawsuits and, as such, employs a highly technical workforce, including 14 with PhDs and 23 with master's degrees. Resolution Economics was founded in 1998 and is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-04 Skill Dynamics

Reading, United Kingdom

Skill Dynamics is a provider of e-learning academies for blue-chip corporations worldwide. Skill Dynamics has changed the way their clients train their procurement, supply chain, and sales professionals by providing role-specific curriculum and the latest e-learning methods, resulting in maximum impact for employees and organizations. Skill Dynamics was founded in 2011 and is based in Reading, United Kingdom.

Buy -
Investor

CNL Strategic Capital Management

Investor Investor

Category Asset Manager
Size Large
Type Sector Agnostic
DESCRIPTION

CNL Strategic Capital Management is an investment group that looks to acquire interests in private US-based companies with clear opportunities for growth where it can pass consistent, monthly cash flows to its investor partners. The Firm generally looks to partner with management when pursuing opportunities and targets companies with durable brands, high margins, and insulated products/services. CNL Strategic Capital Management is based in Orlando, Florida.

DEAL STATS #
Overall 6 of 14
Sector (Business Services) 3 of 5
Type (Growth Capital) 1 of 2
State (Virginia) 1 of 1
Country (United States) 6 of 14
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Resolution Economics

Los Angeles, California, United States

Resolution Economics is a specialty consulting firm that provides economic and statistical analysis as well as expert testimony to leading law firms and corporations in labor & employment and commercial litigation matters. Resolution specializes in highly complex class action lawsuits and, as such, employs a highly technical workforce, including 14 with PhDs and 23 with master's degrees. Resolution Economics was founded in 1998 and is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-17 Healthcare Safety Holdings

Excelsior, Minnesota, United States

Healthcare Safety Holdings is a producer of daily use insulin pen needles, syringes and related product offerings for the human and animal diabetes care markets. The company specializes in providing “dispense and dispose” solutions, which allow users to more easily and safely dispose of sharps. Healthcare Safety Holdings is based in Excelsior, Minnesota.

Buy -
Mergr

Product

Company

Legal