Investments
5Portfolio Exits
4About L2 Capital Partners
L2 Capital Partners is a lower middle market private equity firm that specializes in making equity investments in manufacturing, distribution and service companies.
L2 Capital Partners Headquarter Location
259 North Radnor-Chester Road Suite 280
Radnor, Pennsylvania, 19087,
United States
Latest L2 Capital Partners News
Dec 8, 2021
12/08/2021 | 11:26am EST Message : *Required fields L2 Capital Partners, L.P. (“L2” or “L2 Capital”) ( www.L2Capital.net ) is pleased to announce the recapitalization of YakAttack, LLC (“YakAttack” or the “Company”), a vertically integrated, market-leading designer and manufacturer of branded mounted aftermarket accessories primarily used to outfit and rig kayaks for fishing. Founded in 2009 by Luther Cifers, and headquartered in Farmville, Virginia, YakAttack is a pioneer in the kayak fishing market. Its highly innovative, patent-protected products are designed and manufactured in the United States and used by kayak fishing participants throughout the world. The Company’s loyal following was organically built by solving problems and elevating the kayak fishing experience, which has enabled YakAttack to become the go-to premium accessories brand in the kayak fishing industry. Participation in kayak fishing has nearly tripled between 2010 and 2019 and now represents approximately 7% of 45 million annual fishing participants. YakAttack is L2 Capital’s second outdoor products platform. Connor McMahan, Partner of L2 Capital said, “L2 Capital is excited to partner with Luther and the management team to further develop YakAttack as a leading brand in the kayak fishing industry. We seldom see the combination of in-house design, manufacturing and an authoritative brand within a rapidly growing sector, but when we witnessed Luther and his team developing their own molds and tools in-house during the factory tour, we knew that this was a unique opportunity to partner with such a talented team of enthusiasts” Lorin Wolfe, Partner and Chief Operating Officer of L2 Capital, added, “We’re excited to help YakAttack achieve breakthrough growth through development of a business and organizational strategy focused on leveraging its product development capabilities and expanding its sales channels and distribution networks.” Luther Cifers, Founder and President of YakAttack said, “I am extremely excited about our new partnership with L2 Capital Partners. L2’s track record of helping founder-led companies maximize their potential is impressive, and their core values and vision for what YakAttack can become really resonated with our team.” Salem Investment Partners and Oxer Capital provided debt financing and co-invested in the transaction. Terms of the transaction were not disclosed. L2 Capital Partners ( www.L2Capital.net ) is a boutique lower middle market private equity firm that specializes in making controlling investments in a diverse range of family and founder-built companies with demonstrated market leadership and unlocked potential for growth. L2’s impressive track record over the last decade includes top quartile returns for its portfolio of business services and consumer products companies with enterprise values up to $100 million. L2 Capital adds value by partnering closely with company leadership to meet their strategic and financial goals by providing intimate operational support including a breakthrough growth framework in addition to access to resources and technology gained over 40 years of principal investing experience. View source version on businesswire.com: https://www.businesswire.com/news/home/20211208005827/en/ © Business Wire 2021
L2 Capital Partners Investments
5 Investments
L2 Capital Partners has made 5 investments. Their latest investment was in Animoca Brands as part of their Unattributed VC - IV on January 1, 2022.
L2 Capital Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/18/2022 | Unattributed VC - IV | Animoca Brands | $358.88M | Yes | 10T Fund, C Ventures, Delta Asia Financial Group, Gemini, Gobi Partners, JPMorgan Asia Pacific, Kingsway Capital Partners, Liberty City Ventures, Mirae Asset Venture Investment, Pacific Century Group, ParaFi Capital, Senator Investment Group, Sequoia Capital China, Smile Group, Soros Fund Management, Stable Asset Management, Undisclosed Investors, Wildcat Capital Management, and Winklevoss Capital | 19 |
12/8/2021 | Recap | |||||
1/31/2019 | Seed VC | |||||
7/31/2012 | Recap | |||||
Other Investors |
Date | 1/18/2022 | 12/8/2021 | 1/31/2019 | 7/31/2012 | |
---|---|---|---|---|---|
Round | Unattributed VC - IV | Recap | Seed VC | Recap | Other Investors |
Company | Animoca Brands | ||||
Amount | $358.88M | ||||
New? | Yes | ||||
Co-Investors | 10T Fund, C Ventures, Delta Asia Financial Group, Gemini, Gobi Partners, JPMorgan Asia Pacific, Kingsway Capital Partners, Liberty City Ventures, Mirae Asset Venture Investment, Pacific Century Group, ParaFi Capital, Senator Investment Group, Sequoia Capital China, Smile Group, Soros Fund Management, Stable Asset Management, Undisclosed Investors, Wildcat Capital Management, and Winklevoss Capital | ||||
Sources | 19 |
L2 Capital Partners Portfolio Exits
4 Portfolio Exits
L2 Capital Partners has 4 portfolio exits. Their latest portfolio exit was Insight 2 Design on February 10, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
2/10/2022 | Acq - Fin - II | 2 | |||
Date | 2/10/2022 | |||
---|---|---|---|---|
Exit | Acq - Fin - II | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 2 |
L2 Capital Partners Acquisitions
9 Acquisitions
L2 Capital Partners acquired 9 companies. Their latest acquisition was Ecotone on July 08, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/8/2021 | Acq - Fin | 1 | ||||
5/22/2019 | ||||||
12/3/2018 | Debt | |||||
1/1/2018 | ||||||
5/8/2017 |
Date | 7/8/2021 | 5/22/2019 | 12/3/2018 | 1/1/2018 | 5/8/2017 |
---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | ||||
Sources | 1 |
L2 Capital Partners Team
5 Team Members
L2 Capital Partners has 5 team members, including current Founder, Managing Partner, Robert G. Levine.
Name | Work History | Title | Status |
---|---|---|---|
Frank Han | Founder | Current | |
Kevin Lee | Founder | Current | |
Robert G. Levine | Milestone Partners | Founder, Managing Partner | Current |
Robert G. Levine | Founder | Current | |
Jonathan Lin | Point72 Ventures, Och-Ziff Capital Management Group, Madison Dearborn Partners, and Citigroup | Founder | Current |
Name | Frank Han | Kevin Lee | Robert G. Levine | Robert G. Levine | Jonathan Lin |
---|---|---|---|---|---|
Work History | Milestone Partners | Point72 Ventures, Och-Ziff Capital Management Group, Madison Dearborn Partners, and Citigroup | |||
Title | Founder | Founder | Founder, Managing Partner | Founder | Founder |
Status | Current | Current | Current | Current | Current |
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