Newport Beach, CA – L Squared Capital Partners (“L Squared”) is pleased to announce the closing of a single-asset continuation fund transaction for FineLine Technologies (“FineLine” or “the Company”), a premier provider of variable data solutions to retailers, brands, and manufacturers worldwide. This transaction continues L Squared’s ownership of the Company and reaffirms its commitment to support FineLine’s long-term growth strategy. The new continuation fund acquired L Squared Fund I’s stake in FineLine. L Squared also maintains an investment in FineLine through L Squared Fund III, alongside funds affiliated with Leonard Green & Partners, L.P. The transaction was co-led by

The merger represents a significant milestone for both companies, enabling them to accelerate product innovation, drive growth in new markets, and deliver greater value to existing clients Newport Beach, CA, August 13, 2024 – L Squared Capital Partners is excited to announce the merger of two prominent industry leaders, Foundant Technologies and SmartSimple Software. This strategic combination brings together the strengths of both companies to create an unmatched suite of solutions for the philanthropic, nonprofit, healthcare, and public sectors. Adam Kimura, Partner at L Squared Capital Partners, expressed his enthusiasm for the merger, stating, “We are incredibly proud to facilitate the merger

Standard Crane is the fourth acquisition of the Crane 1 platform under L Squared and the 10th acquisition completed since 2015 Newport Beach, CA, August 7, 2024 – L Squared Capital Partners (“L Squared”) and Crane 1 Services, Inc. (“Crane 1”) are pleased to announce that they have completed the acquisition of Standard Crane & Hoist, LLC (“Standard Crane” or the “Company”). Standard Crane is a leading service and equipment provider of overhead crane inspections, repairs and maintenance, parts, and new crane sales with eight locations across Louisiana, Mississippi, and Texas. The Company has been in business since 1909, when it was started

L&J Technologies is the first acquisition of the CogneSense platform, which will pursue a buy and build strategy within the quickly evolving and fragmented Environmental Sensing and Measuring landscape Newport Beach, CA, July 30, 2024 – L Squared Capital Partners (“L Squared”) and CogneSense are pleased to announce that they have completed the acquisition of L&J Technologies (“L&J”). L&J is the first acquisition made by CogneSense since its founding by L Squared in late 2023. CogneSense, led by Paul Dhillon, is pursuing a buy and build strategy with a focus on combining longstanding, trusted, and leading environmental sensing, measurement, monitoring, and

Newport Beach, CA – L Squared Capital Partners announced today that its portfolio company, Heggerty, acquired Literably to bring seamless science of reading-aligned literacy assessment to thousands of schools and districts.  Heggerty – a trusted literacy leader whose print and digital solutions are found in over half of U.S. school districts – announced its acquisition of Literably, an award-winning, research-backed literacy assessment platform used by hundreds of schools to efficiently and accurately assess students’ literacy knowledge. By combining user-friendly digital assessments, child-specific speech AI, and research-proven curricula, the integration of Literably and Heggerty is uniquely poised to revolutionize how classrooms

L Squared is partnering with TeachTown management to accelerate TeachTown’s impact on Special Education outcomes Newport Beach, CA, June 4, 2024 – L Squared Capital Partners (“L Squared”) announced today a significant growth investment in TeachTown (“the Company”).  TeachTown is a leading provider of special education solutions for students with moderate to severe learning challenges.  Since its founding in 2003, TeachTown has been dedicated to improving the academic, behavioral, and adaptive functioning of students with disabilities from Pre-K through 12th grade, empowering them to reach their educational goals with evidence-based instructional practices. In recent years, TeachTown has invested meaningfully in product development, expanding

The pending sale marks the ninth overall exit since L Squared’s formation in 2014 and second in last 45 days Newport Beach, CA, – L Squared Capital Partners (“L Squared”) announced today that TransDigm Group Incorporated NYSE: TDG (“TransDigm”), a leading global producer, designer and supplier of engineered aerospace components, systems and subsystems, has entered into a definitive agreement to acquire Raptor Scientific, a global leader in complex test and measurement solutions for advanced Defense, Space, and Aerospace applications, for $655 million in cash. The transaction is subject to customary closing conditions and the receipt of regulatory approval. Raptor Scientific was

The pending sale marks the eighth overall exit since L Squared’s formation in 2014 Newport Beach, CA – L Squared Capital Partners (“L Squared”) announced today that APi Group Corporation NYSE: APG (“APi”), a global, market-leading business services provider of life safety, security, and specialty services has entered into a definitive agreement to acquire Elevated Facility Services (“Elevated” or “the Company”), a leading provider of elevator and escalator maintenance, repair, and modernization service. The transaction is expected to close in Q2 2024 and is subject to customary closing conditions and the receipt of regulatory approval. “We are grateful for our highly

Newport Beach, CA, March 12, 2024 – L Squared Capital Partners is excited to announce the addition of Evan Brainerd to its team as a Partner.  Mr. Brainerd previously worked in investment banking as a Partner and Managing Director at William Blair & Company.  While advising on strategic M&A transactions and capital raises throughout the past 10 years, he has had extensive experience working closely with technology and technology-enabled services companies and private equity firms. Working as a value-added leader within the Technology Investment Banking Group, Mr. Brainerd was promoted rapidly through William Blair’s ranks while expanding technology sector coverage and helping

BTX Precision initially formed via the combination of three leading manufacturers of precision components Newport Beach, CA, February 20, 2024 – L Squared Capital Partners (“L Squared”) is pleased to announce the formation of BTX Precision (“BTX”) to continue an accelerated consolidation thesis in the highly fragmented North American precision components landscape.  L Squared commenced this consolidation thesis with the acquisition of ERA Industries followed by the acquisitions of Gen-El-Mec and i3DMFG.  BTX launches as an integrated family of customer-centric, precision manufacturing organizations with a nationwide footprint spanning more than 175,000 square feet of state-of-the-art equipment and engineering expertise necessary

Newport Beach, CA, November 15, 2023 – L Squared Capital Partners (“L Squared” or “the Firm”) is thrilled to announce that it recently held the final closing for its fourth private equity fund (“Fund IV”), at $840 million.  L Squared fully committed its $505 million third fund earlier this year with the investment in ERA Industries. Since its founding in July of 2014, L Squared has now raised four funds and accepted commitments of over $2 billion from its investors.  This fundraise received strong support from existing investors and was supplemented by several new high-quality limited partners that included

Investment will support product expansion in core and adjacent markets Newport Beach, CA, February 15, 2023 – L Squared Capital Partners (“L Squared”) is excited to announce today that it has made a significant growth investment in Foundant Technologies (“Foundant”), a leading provider of mission-critical software solutions for the philanthropic sector. The company provides a suite of purpose-built, comprehensive software solutions that allow philanthropists to simplify their daily operations and have a greater impact on their communities. “Foundant has been at the forefront of the technology-driven transformation of the philanthropic sector,” said Adam Kimura, a Partner at L Squared. “We

GSI Group Holdings is a global platform of leading providers of laboratory consumables and equipment serving the scientific, academic, and industrial sectors L Squared Capital Partners announced today the acquisition of Globe Scientific, a leading provider of laboratory consumable supplies. Globe Scientific is L Squared’s third acquisition as part of GSI Group Holdings. GSI Group is a collection of leading brands serving the biotech, clinical diagnostics, life sciences, education, and industrial sectors. With more than $100 million in revenue, GSI Group’s brands collectively offer a broad array of mission-critical lab-related consumable supplies, benchtop equipment, and related accessories. GSI Group has an

MIAMISBURG, Ohio–Crane 1 Services Inc. is pleased to announce that on February 18, 2022, it purchased the assets of D&S Hoist & Crane, LLC. (D&S), a leading service and equipment provider of overhead crane inspections, repairs and maintenance, parts, equipment and below the hook refurbishment in the greater Pittsburgh market. D&S has been in business since 1998, when it was started by Del and Steve Celaschi as a family run business. The combination of Crane 1 and D&S offers our collective team an enhanced value proposition including exceptionally talented teams, complementary service offerings and differentiated equipment solutions. We will deliver

The pending sale marks the seventh overall exit since L Squared’s formation in 2014 November 22, 2021 08:00 AM Eastern Standard Time NEWPORT BEACH, Calif.–(BUSINESS WIRE)–L Squared Capital Partners announced today that Sandvik is acquiring GWS Tool Group, a leading provider of highly engineered consumable cutting tools. GWS will be reported in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions. The acquisition of GWS will support Walter’s growth strategy in North America and strengthen its solid carbide tools offering. This acquisition represents a strategic opportunity to increase Walter’s and GWS’ respective positions in the manufacturing