Lake Capital

Lake Capital Partners
Company typePrivate
IndustryPrivate equity
Founded1998; 26 years ago (1998)
FounderTerence Graunke and Paul Yovovich
HeadquartersChicago, Illinois, U.S.
ProductsLeveraged buyout, growth capital
Total assets$321.0 million[1]
Number of employees
9
Websitewww.lakecapital.com

Lake Capital Partners is a private equity firm focused on growth capital and leveraged buyout investments in lower middle market companies across a range of service businesses. It was founded in 1998 by Terence Graunke and Paul Yovovich. Lake focuses on marketing, finance, operation and infrastructure, specialty services, healthcare, specialty consumer services, technology, and business process outsourcing.

In addition to traditional leveraged buyout transactions, Lake focuses on investing in rollup investments around a platform company.[2]

The firm is based in Chicago, Illinois.[3] The firm has raised approximately $1.3 billion since inception across its two funds. Prior to raising its 2002 debut fund with $500 million of commitments, Lake raised capital on a deal-by-deal basis.[4] In 2005, Lake raised its second fund, with $800 million of investor commitments.

Lake's most recent investments were in 2010 and 2014, with companies Viamedia and Engine, respectively.[5]

References

  1. ^ "Lake Capital AUM 13F". Retrieved 22 April 2019.
  2. ^ Lake Capital: Approach (company website)
  3. ^ "Lake Capital: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-08-12.
  4. ^ Lake Capital raises $500m for debut fund. Financial News, March 20, 2003
  5. ^ "Investments | Current Investments". www.lakecapital.com. Retrieved 2024-10-04.