Leonard Green & Partners

Leonard Green & Partners, L.P. (LGP) is a prominent private equity investment firm based in Los Angeles, California. Established in 1989, the firm is recognized as a partner of choice for market-leading, growth-oriented companies. LGP's investment strategy is centered on collaborating with experienced management teams, often including founders, to invest in established businesses across various service sectors. The firm emphasizes a highly focused investment approach and a team-oriented culture that promotes spirited dialogue and mutual respect.

The firm was founded by Leonard I. Green, a pioneer in the leveraged buyout industry. Prior to establishing LGP, Green co-founded Gibbons, Green van Amerongen, one of the first merchant banking firms in New York, in 1969. After Green's retirement in 2001, the firm continued its legacy under the leadership of its partners. Since its inception, LGP has made over 160 investments, utilizing various transaction structures such as traditional buyouts, going-private transactions, recapitalizations, and growth equity, as well as selective public equity and debt positions.

Leonard Green & Partners primarily focuses on companies within the consumer, healthcare, business services, distribution, industrials, and retail sectors. Notable past investments include companies like Petco and The Container Store. The firm's philosophy is rooted in growing businesses, accelerating job creation across its portfolio, and embracing a stakeholder model where employees share in the successes they help create. LGP is also a founding member of Ownership Works, a nonprofit dedicated to increasing prosperity through broad-based employee ownership programs.

The firm's team is characterized by significant continuity, which contributes to a consistent and disciplined investment strategy. Key members include Managing Partner John Danhakl, Senior Partners John Baumer and Christian W. McCollum, and Partners Jonathan Sokoloff, David Fox, Michael Friedberg, Andrew Goldberg, Dustin Ghannadi, Jacqueline Katz, Adam Levyn, Anna Schneider, Betsy Tutwiler, Alyse Wagner, and Danielle Zaer. LGP maintains a single office in Los Angeles, fostering a collaborative environment and nimble decision-making processes.