Lake Capital

Lake Capital Partners

Type	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.^[1]

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.^[2] In 2005, Lake raised its second fund, with $800 million of investor commitments.

References

↑ Lake Capital: Approach (company website)
↑ Lake Capital raises $500m for debut fund. Financial News, March 20, 2003

Local firm recalculates private-equity formula; Lake Capital's first fund selling out. Crain's Chicago Business, October 28, 2002
Addison Receives Strategic Investment from Lake Capital. Jun 13, 2006
Chicago Private Equity Firm Takes Plunge with Second Consulting Firm Stake. Chicago Tribune, October 3, 2003

External links

Lake Capital Partners (company website)

Private equity and venture capital investment firms

Investment strategy	Venture Growth Mezzanine Secondaries Leveraged buyout

History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s

Investors	Angel investor Corporate venture capital Commercial bank Crowdfunding Institutional investor Insurance company Investment bank Endowment Family office Fund of funds High-net-worth individual Merchant bank Pension fund Sovereign wealth fund

Private equity firms Venture capital firms Portfolio companies

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