Lake Capital
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.
Private | |
Industry | Private equity |
Founded | 1998 |
Founder | Terence Graunke and Paul Yovovich |
Headquarters | Chicago, Illinois, United States |
Products | Leveraged buyout, Growth capital |
Total assets | $321.0 million[1] |
Number of employees | 9 |
Website | www.lakecapital.com |
In addition to traditional leveraged buyout transactions, Lake focuses on investing in rollup investments around a platform company.[2]
The firm, which is based in Chicago, Illinois, was founded in 1998 by Terence Graunke and Paul Yovovich.[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.
References
- "Lake Capital AUM 13F". Retrieved 22 April 2019.
- Lake Capital: Approach (company website)
- "Lake Capital: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-08-12.
- Lake Capital raises $500m for debut fund. Financial News, March 20, 2003
- Local firm recalculates private-equity formula; Lake Capital's first fund selling out. Crain's Chicago Business, October 28, 2002
- Addison Receives Strategic Investment from Lake Capital. Jun 13, 2006
- Chicago Private Equity Firm Takes Plunge with Second Consulting Firm Stake. Chicago Tribune, October 3, 2003