San Francisco, California  |  May 2024 L Capital is pleased to announce the final closing of its third flagship fund, L Capital III LP and L Capital III QP (collectively “Fund III”), with $76 million in total capital commitments. Fund III takes L Capital’s total assets under management to over $160 million and represents a […]

Covington, Louisiana  |  June 2023  L Capital has made a new platform investment in Netchex ( or the “Company”) alongside New York-based private equity firm, GrowthCurve Capital. Founded in 2003 by CEO Will Boudreaux and co-founder Stuart Ethridge, Netchex is a leading provider of human capital management (“HCM”) and payroll software solutions to the small […]

San Francisco, California | April 30th, 2023  L Capital has made an investment in Nitro Software (“Nitro or the “Company”), alongside leading technology-focused private equity sponsor, Potentia Capital. Nitro Software is a cloud-based provider of document productivity software to business customers around the world. The Company’s Productivity Platform includes PDF editing tools, digital workflow automation, secure […]

Chicago, Illinois| December 2022 L Capital has made an investment in G2 Risk Solutions (formerly G2 Web Services, Inc. (“G2”), Lundquist Consulting, Inc. (“LCI”), and Fintellix India Private Limited (“Fintellix”), collectively referred to as the “Platform”) alongside lead sponsor, Stellex Capital Management. The investment was used to finance the acquisition of the three businesses from […]

San Francisco, California | October 31, 2022 L Capital recently completed the first closing of its third flagship private equity fund, L Capital III LP (“Fund III”) with total capital commitments of $36 million. The Firm is targeting $75 – 100 million for Fund III and will complete a final closing in early 2024. To […]

New York, New York | July 2022 L Capital Fund II LP has made an investment in Hodess Cleanroom Construction, a leading cleanroom design, engineering, construction, and maintenance platform, alongside lead sponsor, Stellex Capital Management. The terms of the transaction were not disclosed. Based in Attleboro, MA, Hodess leverages its deep knowledge of the cleanroom […]

Bedford, Massachusetts | July 2022 Aspen Technology (NASDAQ:AZPN) (“AspenTech’”) announced an agreement to acquire Micromine, a global leader in design and operational management solutions for the mining industry, from private equity firm Potentia Capital and other sellers for AU$900 million in cash (approximately $623 million USD).  L Capital originally invested in Micromine alongside Potentia Capital […]

SAN FRANCISCO, April 1, 2022 – L Capital has formally closed its second flagship fund, L Capital II LP and L Capital II Parallel LP (together “Fund II”), with $54 million in total capital commitments. Fund II is more than 2.5x the size of L Capital’s inaugural Fund I and takes total firm AUM to $80+ million. […]