Lake Capital

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Lake Capital Partners
Type Private
Industry Private equity
Founded 1998
Founder(s) Terence Graunke and Paul Yovovich
Headquarters New York, New York, United States
Products Leveraged buyout, Growth capital
Total assets $1.3 billion
Employees 35+
Website www.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. 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.[1]

The firm, which is based in Chicago, Illinois, was founded in 1998 by Terence Graunke and Paul Yovovich. 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.[2] In 2005, Lake raised its second fund, with $800 million of investor commitments.

References[edit]

  1. ^ Lake Capital: Approach (company website)
  2. ^ Lake Capital raises $500m for debut fund. Financial News, March 20, 2003

External links[edit]