Investments
139Portfolio Exits
72Funds
9Partners & Customers
1Service Providers
3About LLR Partners
LLR Partners is a private equity firm that invests in growth companies with business models and strong management teams. It partners with companies in six industries: business services; consumer and education; financial services; healthcare services; security, defense, and government services; and software and IT services. The company provides capital for growth, recapitalization, and buyouts. LLR Partners was founded in 1999 and is based in Philadelphia, Pennsylvania.

Want to inform investors similar to LLR Partners about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest LLR Partners News
Sep 21, 2023
Appspace is backed by LLR Partners. Email address I accept: Email address A link has been emailed to you - check your inbox. Sign in to your account Email address Nearly there! We have just sent you an email so you can verify your account. Please check your spam or junk folder just in case it’s been delivered there. If you do not receive this within five minutes, please try and sign in again. If the problem persists, please email: subscriptions@peimedia.com. Copyright PEI Media Share with other subscribers Cancel
LLR Partners Investments
139 Investments
LLR Partners has made 139 investments. Their latest investment was in Magaya as part of their Recap on January 1, 2023.

LLR Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/31/2023 | Recap | Magaya | No | Apax Digital, LLR Partners, and Undisclosed Investors | 3 | |
9/21/2022 | Growth Equity | PCS Software | Yes | 2 | ||
9/16/2022 | Recap | Stratix | Yes | 3 | ||
9/8/2022 | Growth Equity | |||||
5/19/2022 | Growth Equity |
Date | 1/31/2023 | 9/21/2022 | 9/16/2022 | 9/8/2022 | 5/19/2022 |
---|---|---|---|---|---|
Round | Recap | Growth Equity | Recap | Growth Equity | Growth Equity |
Company | Magaya | PCS Software | Stratix | ||
Amount | |||||
New? | No | Yes | Yes | ||
Co-Investors | Apax Digital, LLR Partners, and Undisclosed Investors | ||||
Sources | 3 | 2 | 3 |
LLR Partners Portfolio Exits
72 Portfolio Exits
LLR Partners has 72 portfolio exits. Their latest portfolio exit was WennSoft on February 28, 2023.
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 |
---|---|---|---|---|---|
2/28/2023 | Acquired | 1 | |||
2/15/2023 | Merger | 1 | |||
2/15/2023 | Merger | 5 | |||
Date | 2/28/2023 | 2/15/2023 | 2/15/2023 | ||
---|---|---|---|---|---|
Exit | Acquired | Merger | Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 1 | 5 |
LLR Partners Acquisitions
23 Acquisitions
LLR Partners acquired 23 companies. Their latest acquisition was Viventium on January 31, 2023.
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 |
---|---|---|---|---|---|---|
1/31/2023 | Other Venture Capital | $5M | Acq - Fin | 1 | ||
9/16/2022 | Acq - Fin - III | 3 | ||||
12/17/2019 | Debt | $16M | Acq - Fin | 2 | ||
6/20/2017 | ||||||
1/10/2017 |
LLR Partners Fund History
9 Fund Histories
LLR Partners has 9 funds, including LLR Equity Partners VI.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/19/2020 | LLR Equity Partners VI | $1,800M | 3 | ||
6/13/2018 | LLR Equity Partners V | ||||
3/6/2014 | LLR Equity Partners IV | ||||
8/7/2008 | LLR Equity Partners III | ||||
2/14/2005 | LLR Equity Partners II |
Closing Date | 10/19/2020 | 6/13/2018 | 3/6/2014 | 8/7/2008 | 2/14/2005 |
---|---|---|---|---|---|
Fund | LLR Equity Partners VI | LLR Equity Partners V | LLR Equity Partners IV | LLR Equity Partners III | LLR Equity Partners II |
Fund Type | |||||
Status | |||||
Amount | $1,800M | ||||
Sources | 3 |
LLR Partners Partners & Customers
1 Partners and customers
LLR Partners has 1 strategic partners and customers. LLR Partners recently partnered with Audax Private Equity on November 11, 2018.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
11/15/2018 | Partner | United States | Audax Private Equity and LLR Partners complete sale of Numotion Audax Private Equity and LLR Partners , in partnership with management , have completed the sale of Numotion to AEA Investors and Numotion management . | 2 |
Date | 11/15/2018 |
---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | Audax Private Equity and LLR Partners complete sale of Numotion Audax Private Equity and LLR Partners , in partnership with management , have completed the sale of Numotion to AEA Investors and Numotion management . |
Sources | 2 |
LLR Partners Service Providers
3 Service Providers
LLR Partners has 3 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Private Equity | Counsel | General Counsel | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Private Equity | ||
Provider Type | Counsel | ||
Service Type | General Counsel |
Partnership data by VentureSource
LLR Partners Team
2 Team Members
LLR Partners has 2 team members, including current Chief Financial Officer, Noah Becker.
Name | Work History | Title | Status |
---|---|---|---|
Noah Becker | Five Below, Procurian, and Blue by ADT | Chief Financial Officer | Current |
Name | Noah Becker | |
---|---|---|
Work History | Five Below, Procurian, and Blue by ADT | |
Title | Chief Financial Officer | |
Status | Current |
Compare LLR Partners to Competitors
Industrial Opportunity Partners is a private equity firm financing firm that invests in mature, turnaround companies. It primarily engages in LBO, MBO, MBI, and divestiture transactions. The firm was founded in 2005 and is based in Evanston, Illinois.

Landmark Ventures is a strategic and financial advisory firm. It offers a combination of venture development and global investment banking services, with a focus on serving growth-oriented technology companies and their venture capital and private equity sponsors. It specializes in deep market insights and extensive personal relationships. It offers its services across the enterprise software, cybersecurity, internet of things (IoT), industrial technology, artificial intelligence, sports, marketing technology, and digital media sectors. The firm was founded in 1995 and is based in New York City, New York.

Apax Partners focuses on long-term investment in growth companies. Funds advised by Apax Partners invest in five sectors: Financial and Business Services, Healthcare, Media, Retail and Consumer, Tech, and Telecom.
GTCR is a private equity firm focused on investing in growth companies in the financial services and technology, healthcare, information services and technology, growth business services, and technology, media, and telecommunications industries. Since its inception, GTCR has invested more than $12 billion in over 200 companies. The company was founded in 1980 and is based in Chicago, Illinois.
WestView Capital Partners is a Boston-based private equity firm focused exclusively on lower middle-market companies. The firm currently manages approximately $1 billion and commits $10 to $40 million of equity to companies in a variety of recapitalization, growth, buyout, and consolidation transactions. WestView Capital Partners builds supportive relationships with management teams and tailors investment structures to accommodate the needs of all shareholders, enabling them to act as either a minority or majority investor.
Kohlberg & Company is a private equity financing firm that invests in mature, turnaround companies. It primarily engages in the following transaction types such as buyout (LBO, MBO, MBI), consolidation, and divestiture. Kohlberg & Company invests between $50 and $125 million in companies. The company was founded in 1987 and is based in Mount Kisco, New York.