LCap Investment Partners

Overview

LCap Investment Partners is a private equity firm specializing in lower middle-market companies in the United States, focusing on buyouts, growth capital, and recapitalizations. The firm partners with entrepreneurial owners and management teams, providing strategic guidance in business strategy, operations support, financial management, capital raising, and growth initiatives, including acquisitions. With over 25 years of experience, LCap has invested over $1.5 billion in lower middle-market companies, helping business owners unlock and realize shareholder value. The firm's investment strategy leverages a network developed over 25 years, collaborating with independent sponsors, private equity funds, investment banks, regional intermediaries, lenders, and other capital providers, including family offices. LCap focuses on industries such as business and professional services, consumer products and services, healthcare services, specialty manufacturing, and tech-enabled services. Target companies typically have revenues greater than $10 million and EBITDA greater than $3 million, with strong value propositions, market-leading positions in defensible niches, healthy margins, and experienced management teams. LCap's transaction types include leveraged buyouts, management buyouts, growth financings, recapitalizations, and shareholder liquidity events. The firm invests in senior debt, junior debt, structured equity, and common equity, with investment sizes ranging from $5 million to $25 million. The firm's approach is hands-on, with active involvement in portfolio companies, including board participation and strategic guidance, to enhance performance and unlock shareholder value.