Private | |
Industry | Private equity |
Founded | 1998 |
Founder | Terence Graunke and Paul Yovovich |
Headquarters | Chicago, Illinois, United States |
Products | Leveraged buyout, Growth capital |
Total assets | $1.3 billion |
Number of employees
|
35+ |
Website | www.lakecapital.com |
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.
In addition to traditional leveraged buyout transactions, Lake focuses on investing in rollup investments around a platform company.
The firm, which is based in Chicago, Illinois, was founded in 1998 by Terence Graunke and Paul Yovovich. 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. In 2005, Lake raised its second fund, with $800 million of investor commitments.