L Squared Capital Partners

L Squared Capital Partners is a private equity firm founded in 2014, specializing in investments in buyouts, recapitalization, and founder liquidity events of growth companies. The firm focuses on technology-enabled services, industrial technology, and education sectors. Within technology-enabled services, it targets areas such as business process outsourcing, data management, software-as-a-service, and marketing services. In the industrial technology sector, it seeks investments in specialty electronics, sensors, and aerospace products. For education services, L Squared focuses on early childhood, K-12, and higher education, along with related technologies and content. The firm primarily invests in North America and targets equity investments ranging from $15 million to $75 million in companies with revenues between $10 million and $100 million and target EBITDA of $3 million to $20 million, aiming for growth of at least 10 percent per year. L Squared typically seeks majority stakes in its portfolio companies and operates from its headquarters in Newport Beach, California, with an additional office in Chicago, Illinois.

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https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=269799682

https://www.privateequityinternational.com/database/#/profile?id=15969

Sean Barrette

Partner

Jeffery M. Farrero

Managing Partner

Jeffrey Farrero

Managing Partner

Jack Foley

Associate

Stephen Foley

Associate

Robert Healy

Managing Partner

Tyler Huez

Principal

Elizabeth Hunt

CFO

Randall Hunt

Partner

Adam Kimura

Partner

Edmund Montanari

Senior Associate

16 past transactions

Crane 1 Services

Acquisition in 2021

CRANE 1 SERVICES provides inspection, maintenance and equipment solutions for industrial and commercial users of overhead cranes and hoists. The well capitalized company was established in January 2007 by former owners and top managers of a national crane and hoist service provider that is now owned/controlled by a German based hoist and crane manufacturer. The group wanted to return to a positive environment where the customer's prioities came first and the employees were empowered to provide superior customer sevice.

Learner's Edge Inc.

Merger/Acquisition in 2016

Learner's Edge Inc. provides professional development and continuing education graduate courses for teachers in the United States. It offers print-based, certificates, masters, on-site, and online distance learning programs in the areas of teaching assignment, leadership roles, and salary advancement. The company also provides staff development and conferences, and teacher resources. Its courses help teachers to grow their skills/knowledge base, enhance their classroom instruction, and increase student achievement. The company’s courses also help teachers to succeed their career in various aspects, including writing units and lesson plans, motivating their students, and working with parents. Learner's Edge Inc. was incorporated in 2013 and is based in Lakeville, Minnesota.

Tripod Preclinical Research

Venture Round in 2021

Tripod is a Contract Research Organization in the biopharmaceutical space that provides preclinical research services for global pharma companies, R&D enterprises and institutes, and medical device developers. Tripod (TPR) is dedicated to nonclinical research (drug safety evaluation) for the candidates of new chemical entity (NCE), food additives, biologics，pesticides，veterinary drugs, and new cosmetics.

GWS Tool Group

Acquisition in 2019

GWS Tool Group is a US-based manufacturer of highly engineered custom, standard and modified standard round and insert cutting tools. Put simply, we deliver high quality custom tools in less time. We primarily work with the aerospace, defense, automotive and medical device industries.

United Scope

Private Placement in 2018

United Scope LLC operates an online store for selling microscopes, microscope cameras, and accessories. The products include compound microscopes used for clinics, veterinary, laboratory, blood analysis, and teaching; special microscopes including darkfield, phase contrast, EPI-fluorescence, metallurgical, polarizing, and inverted; stereo microscopes used for industrial inspection, gemology, engraving, embryo transplant, and mineralogy; student microscopes including binocular, monocular, multi-head, and simul-focus; accessories including eyepieces, barlow lens, focusing rack, illuminator, adapter, immersion oil, and eye guards. United Scope LLC was founded in 1996 and is based in Irvine, California.

GWS Tool Group

Venture Round in 2019

Kanopy

Private Placement in 2018

Kanopy LLC designs and develops video streaming software for education sector. Its platform provides films and documentaries for professors, students, and public libraries. The company’s Kanopy Kids feature provides educational and engaging videos for children of all ages and Kanopy and Libraries feature offers access to a catalog of educational, entertaining, and enriching films. Kanopy LLC was founded in 2012 and is based in San Francisco, California.

United Scope

Venture Round in 2018

Edlio

Venture Round in 2016

Edlio makes communicating with parents simpler. Powering 4,300 school and district websites nationwide is Edlio's own easy-to-use content management system (CMS). Each website features a responsive design that reflects each school's brand and is packed with features developed specifically for teachers and school administrators.

GWS Tool Group

Private Placement in 2019

Kanopy

Private Equity Round in 2018

Space Electronics

Merger/Acquisition in 2019

Space Electronics is the world's number one manufacturer of aerospace mass properties measurement instruments. Over the last 55 years, we have sold more moment of inertia and center of gravity instruments than any other company. One reason for our success is our unique technology. We invented the force restoration concept of CG measurement and the inverted torsion pendulum method of measuring MOI. We are the originator of the spherical gas bearing spin balance machine which uses two force transducers to determine both product of inertia and CG offset in a single run. Another reason is the extraordinary reliability of our products: some of our instruments have been used daily for more than 20 years without malfunctioning.

MicroPort CRM

Series C in 2021

MicroPort CRM develops solutions for the management of cardiac rhythm disorders and heart failure. MicroPort CRM products include high-voltage defibrillators, cardiac resynchronization therapy devices, and low-voltage pacemakers. MicroPort CRM has about 1000 employees with operations in Clamart, France; Saluggia, Italy; and Santo Domingo, Dominican Republic.

Virtium

Funding Round in 2015

Virtium is a leading innovator of embedded SSD and industrial memory solutions designed specifically to meet the dynamic requirements of embedded systems. With embedded SSD and DDR products strategically aligned to application roadmaps, Virtium backs-up its technology with superior customer service and technical support.

Learners Edge

Acquisition in 2016

Learners Edge is a leading direct-to-teacher provider of online professional development, continuing education and master’s degree programs for K-12 teachers. s the distance learning model transitioned online, they invested heavily in an online platform that could deliver full course curriculum.

Raptor Scientific

Private Equity Round in 2019

Raptor Scientific was founded in 2019 by L Squared Capital Partners and backed with a $60 million equity commitment to consolidate the highly fragmented Aerospace & Defense focused testing and measurement market. The Company completed its first acquisition of Space Electronics in September 2019.