LLR Partners

LLR Partners is a private equity firm founded in 1999 and based in Philadelphia, Pennsylvania, specializing in lower middle market investments across various sectors. The firm focuses on technology and service-based businesses, particularly in areas such as business services, fintech, healthcare, and software. LLR Partners seeks to provide growth capital, recapitalizations, and buyouts, typically investing between $25 million and $200 million in companies with revenues of $10 million to $250 million. The firm emphasizes identifying businesses with strong growth potential, annual revenue growth exceeding 10%, and gross margins above 40%. LLR Partners primarily operates in the United States, with a specific focus on regions such as the Mid Atlantic and Eastern United States. It aims for exits through strategic sales, initial public offerings, or recapitalization within three to seven years and takes an active role by securing board seats in its portfolio companies. With over $3.5 billion raised across multiple funds, LLR is committed to fostering long-term value in its investments.

Michael Ballard

Senior Associate

Ian Campbell

Senior Associate

Jason Canavan

Associate

Connor Crump

Senior Associate

PJ Cusack

Associate

Kristy DelMuto

Director of Marketing

David Hessert

Associate

Dan Irwin

VP

Katie Lankalis

Vice President

Ralph Lanza

Senior Associate

Kyle Nowelski

Associate

Brian Radic

Principal

Howard Ross

Partner

Michael Sala

MD, Strategic Origination

Connor Shaw

Associate

Sean Sy

Senior Associate

Matthew S. Teachout

VP

Katie Zettler

Associate

Past deals in Pennsylvania

WizeHive

Private Equity Round in 2021
WizeHive provides two products focused on helping organizations automate and streamline their business activities. WizeHive Zengine is a next generation cloud-based platform that empowers a non-technical person to quickly build custom business applications, while also allowing developers to extend an application via plugins that add integrations & complex functionality. Zengine can be used to track customers, job candidates, projects or more and replaces paper processes, outgrown spreadsheets, or generic software products. Our original product, WizeHive Select, is the web's leading platform for the intake of applications for grants, scholarships, awards, & competitions. The result is the elimination of paper and time spent copying, collating, and organizing all of that information. In addition, its collaboration and decision making tools provide a simplified way to help them make better, faster decisions. WizeHive Select is being used by over 600 global organizations including Disney, United Way, BlackBoard, & American Heart Association to collect millions of online applications each year.

Archer

Private Equity Round in 2021
Archer know the challenges of investment managers because they experienced them firsthand. Like many people in the industry, their team was frustrated with systems and tools that fell short when it came to automation and required a specialized workforce with constant work arounds. They needed a better solution. So they created it ourselves. The Archer platform would be the industry’s first and total web-based solution. With an instantly familiar interface, unrivaled processing capabilities, and powerful service flexibility, it was unlike anything that came before. Today, they’ve paired their platform with a selective outsourcing offering that completely frees investment managers to grow their businesses, regardless of channel or scale. What was once their vision for the industry is now a reality.

TrueLearn

Private Equity Round in 2020
TrueLearn LLC, also known as Combank Medical Inc., is a company that specializes in developing educational software aimed at enhancing test preparation for medical students. Founded in 2007 and headquartered in Mooresville, North Carolina, TrueLearn offers a platform that includes SmartBanks, which provides personalized feedback, analytics, and exam-related content. The platform features tools for monitoring progress, charting performance, and comparing peer results. TrueLearn supports a range of medical licensure exams, including COMLEX-USA and USMLE, as well as specialty board exams across various fields such as anesthesiology, pediatrics, and internal medicine. By leveraging performance analytics, TrueLearn aims to make the learning process more engaging and effective for students, ultimately improving their educational outcomes.

Suvoda

Venture Round in 2019
Suvoda LLC specializes in providing patient randomization and clinical supply chain solutions, focusing on delivering a leading software-as-a-service (SaaS) platform for randomization and trial supply management. Established in 2011 and headquartered in Conshohocken, Pennsylvania, with additional offices in North America and Europe, the company serves a diverse clientele ranging from small biotechnology firms to large global pharmaceutical companies and their contract research organization partners. Suvoda's Interactive Response Technology (IRT) system combines the flexibility of custom solutions with the speed of a configurable platform, allowing for rapid deployment and seamless integration. The company's software is particularly beneficial in the fields of oncology, central nervous system disorders, and rare diseases, providing clients with insights and data visualization on trial performance to enhance focus on patient care.

Relay Network

Private Equity Round in 2019
Relay Network, LLC operates as a technology company that connects brands to their customers on a private messaging application. It sends messages on behalf of businesses; and let the customers opt in to receive messages on behalf of their service providers. The company serves healthcare, financial services, insurance, cable, energy, travel, and hospitality industries. Relay Network, LLC was incorporated in 2009 and is based in Radnor, Pennsylvania.

eLocal USA

Venture Round in 2017
eLocal USA is a profitable and rapidly growing internet advertising company that has been operational for over a decade. It focuses on connecting consumers with local businesses, specializing particularly in the home services and legal sectors. The company operates a pay-per-call and pay-per-lead platform that allows local service providers to reach potential customers effectively. eLocal offers a diverse range of verticals, including home services, legal, insurance, and medical, among others. By adopting a performance-based pricing model, eLocal distinguishes itself in the advertising landscape, providing a measurable and results-driven approach for local businesses seeking to enhance their visibility and customer engagement.

PCS Retirement

Private Equity Round in 2017
At PCS, they believe that they are in the best position to ensure that your plan is and remains your stand-out employee benefit, while at the same time minimizing your administrative burden. They offer a conflict-free recordkeeping solution with no funds to push and no hidden agenda. They consistently outwork the competition to deliver excellent customer service for retirement plan advisors, sponsors and plan participants.

3SI Security Systems

Acquisition in 2017
3SI Security Systems, Inc. specializes in designing asset protection systems aimed at recovering stolen cash and high-value assets, apprehending criminals, and deterring crime across various markets including financial services, retail, and law enforcement. Founded in 1970 and based in Malvern, Pennsylvania, the company has over 40 years of experience and protects more than 250,000 locations globally. Its innovative solutions incorporate multiple technologies such as GPS tracking, dye and ink staining, DNA analysis, and explosive gas neutralization. Additionally, 3SI provides services such as installation, proactive product maintenance, training, and emergency interventions to ensure effective system performance. The company, previously known as ICI Security Systems, changed its name to 3SI Security Systems in July 2002, reflecting its commitment to cutting-edge security solutions.

CoreDial

Private Equity Round in 2015
Based in Blue Bell, Pa., CoreDial cloud software and services enable companies to quickly and cost effectively sell, deliver, manage, and invoice for high quality, private labeled cloud communication products and services including hosted PBX, VoIP and SIP trunking services.

HighPoint Solutions

Venture Round in 2013
At their core is a belief in their ability to deliver practical solutions that solve strategic problems. They partner with their clients in the healthcare and life sciences industries to provide direct access to the people and technology that get things done. On every project, with every client, their objective is to build a better way of doing business. Fundamentally, HighPoint is unlike any other consulting firm. They’re focused, with more consultants dedicated to the life sciences and healthcare industries than the large consulting firms.

Quintiq

Private Equity Round in 2011
Quintiq focuses on providing the most advanced planning, scheduling and supply chain optimization software solutions for targeted markets. As the market leader in its chosen markets they provide solutions that significantly improve the main KPI's of their customers.

Strategic Distribution

Venture Round in 2011
Strategic Distribution, Inc. specializes in maintenance, repair, and operations (MRO) integrated supply chain management services across North America. The company offers a comprehensive range of services, including MRO supply chain evaluation, data management, strategic sourcing, compliance, and inventory management. Strategic Distribution also provides various technology solutions designed to enhance inventory management, such as a client portal for inventory searches and mobile barcode scanners that streamline operations. Its client base spans multiple industries, including basic materials, consumer goods, construction, and telecommunications, reflecting its adaptability and broad expertise. Founded in 1968 and headquartered in Bristol, Pennsylvania, Strategic Distribution has expanded its operations to include subsidiaries in Mexico and Canada, maintaining a focus on optimizing supply chain processes to reduce costs and improve performance.

Pet360

Venture Round in 2011
Pet360, Inc. is a company dedicated to pets and their pet parents by connecting community, content, and ecommerce in a unique 1:1 fully personalized way. The company operates: www.Pet360.com the leader in pet community, content and commerce, www.PetFoodDirect.com the most complete pet food and supply retailer online; www.OnlyNaturalPet.com the leader in all natural + organic + sustainable pet products and www.petMD.com a #1 site for pet health information. The company is headquartered are in Plymouth Meeting, PA.

Revitas

Private Equity Round in 2009
Revitas (formerly Imany), the leader in Enterprise Revenue Dynamics, delivers integrated solutions for contracts, pricing, and compliance that drive higher profitability and lower risk. Revitas empowers companies to optimize contract performance by defining, managing, and analyzing complex, multi-tier pricing incentives and enabling positive proof of compliance with commercial, financial, and industry requirements. Powered by the secure, scalable, and standards-based Flex platform, Revitas applications speed time to market and improve visibility across B2B relationships. Hundreds of organizations across the most highly regulated and challenging industries leverage Revitas’s integrated solutions to save money, make money, and reduce risk. For more information about Revitas, visit our website at http://www.revitasinc.com

Five Below

Private Equity Round in 2008
Five Below, Inc. operates a chain of retail stores in the United States. It offers sporting goods, games, wearables and jewelry, collectibles, bath and body products, candy, snacks and beverages, room décor and storage products, stationery and school supplies, computer software, books, electronic accessories, novelty and gag items, and seasonal items. The company serves teens, pre-teens, and value-minded consumers. Five Below, Inc. was formerly known as Cheap Holdings, Inc. The company was founded in 2002 and is headquartered in Philadelphia, Pennsylvania. It operates stores in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Pittsburgh, and Rhode Island, as well as in Brooklyn, Fairview Park, Macedonia, Mayfield Heights, Stow, and Strongsville.

SDI Health

Private Equity Round in 2008
SDI Health LLC provides healthcare market insight and analytics services.

Reading Body

Private Equity Round in 2006
During their transformation from a small body works shop in 1955 to a major national provider of commercial truck bodies, one thing has remained constant: their dedication to manufacturing the best vocational work truck bodies on the market and continually refining them to meet the needs of their customers. Every Reading truck body bears the mark of that history. It reflects decades of thoughtful refinement and inspired innovation. It reflects the strength and durability of quality American manufacturing craftsmanship. It reflects the experience and expertise from employees who take pride in the Reading name. And it reflects years of listening to truck equipment distributors, contractors and fleet managers like you to create the truck bodies you envision and the performance you expect.

JGWPT Holdings

Private Equity Round in 2004
Today, JGWPT Holdings Inc. (“JGWPT”) is headquartered in suburban Philadelphia. They focus on key sectors, including structured settlement payment purchasing, annuity payment purchasing, lottery payment purchasing and pre-settlement funding. Their seasoned management team has developed a category-leading marketing, operations, customer service and funding infrastructure that has allowed us to achieve efficiency and economies of scale necessary for stability and future growth.

Excellerx

Venture Round in 2003
ExcelleRx is a Philadelphia-based medication management company that provides support for medication access and therapy decision making and develops customized pharmacy service solutions to help healthcare providers meet their patient care quality and strategic growth goals. The company is staffed by clinicians who are trained in oversight of complex and chronic diseases.

Omnient Corporation

Series A in 2000
Teaming with you, Omnient provides one-stop solutions for all of your e-business and e-commerce needs. They explore your vision and analyze your options, making sense of internet technology and mapping the best routes. They help you plan for growth... and the unexpected.

Crothall Healthcare

Private Equity Round in 1999
Crothall Healthcare is a privately held company that provides healthcare support services to healthcare clients.