LLR Partners Closes Seventh Fund at $2.45 Billion

LLR Partners, a lower middle market private equity firm, announces the final closing of LLR Equity Partners VII, L.P. (together with its affiliated investment funds, “LLR 7”) at $2.45 billion. Included in LLR 7's capital is meaningful participation by LLR’s Partners and employees. LLR’s prior fund, LLR 6, closed in October 2020 at $1.8 billion, including the General Partner’s commitment.

“We thank our investors for their partnership and confidence in LLR’s investment strategy,” said Partner Mitchell Hollin. “We greatly value our Limited Partners, with the entire LLR team striving every day to deliver for them.”

LLR 7 continues the firm’s 25-year history of investing in and partnering with lower middle market growth companies. Like its predecessor funds, LLR 7 will focus on the technology and healthcare sectors. With more than 100 professionals, a dedicated value creation team and a group of experienced executives engaged as Senior Operating Advisors, LLR 7 will invest in majority and minority equity positions, providing capital for growth, recapitalizations and buyouts.

“Our thesis-driven investment approach, tech-enabled origination and extensive value creation resources put LLR in prime position to help our companies accelerate growth and become market leaders,” said Managing Director, Investor Relations, Jason Jerista. “Our shared objective continues: together, we grow companies every day.”

Capital commitments for LLR 7 came from a global group of legacy and new investors. LLR 7 began investing in 2024 and has completed investments in five companies: KEEPS, Nonstop Health, Soltis Investment Advisors, Suvoda and TurboTenant.

Asante Capital Group acted as placement agent and Latham & Watkins provided legal counsel for LLR 7.

About LLR Partners

LLR Partners is a lower middle market private equity firm investing in technology and healthcare businesses. We collaborate with our portfolio companies to define high-impact growth initiatives, turn them into action and create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalizations and buyouts. For more information about LLR and insights on accelerating growth, visit www.llrpartners.com.

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