June 15, 2018
LLR Partners, a lower middle market private equity firm, has announced the final closing of LLR Equity Partners V, L.P. (“LLR 5”) at $1.2 billion. The fund builds on LLR’s 19-year history of investing in and partnering with lower middle market growth companies, and focuses on targeted industries – education, fintech, healthcare, security and software – investing between $15 million and $100 million in companies with up to $100 million in annual revenue.
Latham & Watkins LLP represented LLR Partners with a fund formation team led by partner Barton Clark, with associates Krysta Copeland, Paul Alexander and Sara Almousa. Partner Cheryl Coe with associate Sean Fitzgerald advised on tax matters.