L Squared Capital Partners

Profile

L Squared Capital Partners is a private equity firm based in Newport Beach, California, founded in July 2014. The firm was formed with a team holding over 130 years of collective investing experience in growing companies. Their team comprises investment professionals with backgrounds in investment banking and private equity, including individuals like Adam Kimura, a Managing Partner with a history at Barclays and Chicago Growth Partners, and Brian Scott, a Principal who also worked with The Gores Group. They emphasize integrity and collaboration, seeking to empower management teams they believe in.

L Squared invests in growth sectors such as Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. They specifically target companies with enterprise values between $50 million and $800+ million and look for companies with a growth profile of over 15% annually. The geographical focus is on North America, and they prefer majority ownership. Since its inception, L Squared has raised over five funds with commitments surpassing $5 billion.

Some notable investments include SignUpGenius, a platform for volunteer and event management; Foundant Technologies, a software firm for grantmakers; TeachTown, focusing on educational tools; Netrio, providing IT services; and Kano Labs, producing consumer electronics kits. The firm’s strategy is to build flexible capital structures around each investment, focusing on long-term value creation driven by revenue and earnings growth.