Freeman Spogli & Co.

Overview

Freeman Spogli & Co. is a private equity firm dedicated exclusively to investing in and partnering with management in middle-market consumer and distribution companies in the United States. Since its founding in 1983, the firm has invested over $5.7 billion in 70 portfolio companies, with an aggregate transaction value exceeding $28 billion. The firm is currently making investments from FS Equity Partners VIII, L.P., a $1.85 billion fund, and maintains offices in Los Angeles and New York. The firm's investment strategy focuses on sectors such as retail, including catalog retail and retail services, restaurants, direct marketing, e-commerce, consumer products, and retail services. Within the distribution sector, Freeman Spogli concentrates on wholesale distribution and business-to-business distribution. The firm typically makes equity investments between $25 million and $150 million in companies with enterprise values ranging from $100 million to $700 million and EBITDA between $10 million and $50 million. Freeman Spogli's partners have an average tenure of 26 years at the firm, providing a consistent and experienced team. The firm has a history of successful investments, including notable companies like First Watch Restaurants, Brooklinen, and Infinity Home Services. Their approach emphasizes active and engaged partnerships, supporting management teams to build enduring businesses in the consumer and distribution sectors. Investment Requirements: - Focus on middle-market companies in the consumer and distribution sectors in the United States. - Preference for companies with enterprise values between $100 million and $700 million. - Targeting equity investments between $25 million and $150 million. - EBITDA between $10 million and $50 million. Year Founded: 1983 Portfolio Companies: - First Watch Restaurants - Brooklinen - Infinity Home Services - Floor & Decor - Philz Coffee - El Pollo Loco - Batteries Plus Bulbs - Boot Barn - CB Richard Ellis - Micro Warehouse - NEW Asurion - The Paradies Shops - P&C Foods - PETCO - Savers - Smile Brands - Sur La Table - Tops Markets - Winebow - Five Star Breaktime Solutions - Osprey