Investment Summary

LLR Partners Invests In TruTechnologies

On May 28, 2025, private equity firm LLR Partners invested in internet software and services company TruTechnologies

Investment Highlights
  • This is LLR Partners’ 19th transaction in the Internet Software and Services sector.
  • This is LLR Partners’ 128th transaction in the United States.
  • This is LLR Partners’ 2nd transaction in North Carolina.

Investment Summary

Date 2025-05-28
Target TruTechnologies
Sector Internet Software and Services
Investor(s) LLR Partners
Deal Type Growth Capital
Advisor(s) BofA Securities (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

TruTechnologies

Durham, North Carolina, United States
TruTechnologies is a provider of real-time clinical trial oversight, focused on enabling timely data and mitigating risks in drug development. TruTechnologies was founded in 2018 and is based in Durham, North Carolina.

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Investor(S) 1

Investor

LLR Partners

Philadelphia, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 $30 to $150 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.


DEAL STATS #
Overall 129 of 129
Sector: Internet Software and Services M&A 19 of 19
Type: Growth Capital M&A Deals 73 of 73
State: North Carolina M&A 2 of 2
Country: United States M&A 128 of 128
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-21 ECAM

Addison, Texas, United States

ECAM is a provider of live video monitoring solutions focused on designing, installing and providing pro-active remote video monitoring solutions to multi-family residential, commercial and industrial businesses across the United States. ECAM was founded in 2003 and is based in Addison, Texas.

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