PHILADELPHIA, PA — LLR Partners recently announced the final closing of LLR Equity Partners VII, L.P. (LLR 7) with total commitments reaching $2.45 billion. This marks a significant jump from its prior fund, LLR 6, which closed in 2020 with $1.8 billion. A substantial portion of the capital comes from LLR’s own partners and employees, underscoring their confidence in the firm’s investment thesis.
Expressing gratitude to the firm’s investors, Partner Mitchell Hollin said, “We thank our investors for their partnership and confidence in LLR’s investment strategy. We greatly value our Limited Partners, with the entire LLR team striving every day to deliver for them.”
Continuing a 25-year legacy of investing in lower middle-market growth companies, LLR 7 is focused on the technology and healthcare sectors. Employing both majority and minority equity investments, the fund will support growth, recapitalizations, and buyouts. The firm’s approach is underpinned by thesis-driven strategies, tech-enabled origination, and a robust value creation team, complemented by experienced Senior Operating Advisors.
“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 Jason Jerista, Managing Director of Investor Relations.
Although LLR 7 officially launched in 2024, it has already completed investments in five companies, including KEEPS, Nonstop Health, Soltis Investment Advisors, Suvoda, and TurboTenant.
LLR’s latest fund demonstrates its global investor appeal, with contributions from both long-standing partners and new backers. The firm’s strategic vision and operational expertise aim to help portfolio companies scale and achieve market leadership in competitive industries.
Looking ahead, LLR Partners plans to continue leveraging its extensive resources and operational insight to drive success for its portfolio companies while delivering strong returns for its investors. With LLR 7 now in place, the firm is well-equipped to pursue opportunities in promising high-growth sectors.
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