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 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 TransUnion (NYSE: TRU). The […]

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 expects to reach their $100 million Fund III target and complete a final closing in 2023 given strong interest […]

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. […]

New York, New York | January 2022 L Capital Fund II LP has made an investment in Peltram Plumbing Holdings, a leading plumbing and industrial services platform, alongside lead sponsor, Stellex Capital Management. Stellex has acquired P3 in partnership with the existing management team from an investor group led by Crescendo Capital Partners (“Crescendo”). The […]

Fort Myers, Florida | January 2022 L Capital Fund II LP has made an investment in Juniper Landscaping (“Juniper” or the “Company”), a leading provider of landscaping services to commercial clients alongside Bregal Partners (“Bregal”). Headquartered in Fort Myers, FL, Juniper has been family-owned and operated since its founding in 2001. Under CEO Brandon Duke’s […]

Zurich and Freienbach, Switzerland and London, UK | December 2021 L Capital Fund II LP has made an investment in Swiss Post Solutions (“SPS” or the “Company”), a leading provider of business process outsourcing solutions and innovative document management services alongside AS Equity Partners (“AS Equity”). SPS is a successful global company with CHF 600 […]