Landon Capital Partners ("LCP") is the direct private equity investment group of the Landon family and its select family office co-investment partners. LCP invests in middle market private equity opportunities primarily in the United States. Our mission is to source, acquire, and manage lower middle market private equity buyouts, targeting opportunities for control equity positions in companies with $5 to $20 million of EBITDA. Preferred LCP investment targets display a high percentage of recurring revenue and strong free cash flow conversion and seek to leverage LCP's flexible approach to partnership and long-term growth orientation. LCP began operations in 2015 and has offices in Boston and London.
Landon Capital Partners ("LCP") utilizes a "buy and build" approach towards investment management and will not focus on "lever and de-lever" opportunities.
LCP's mission is to source, acquire and manage lower middle market private equity buyouts, targeting opportunities for control equity positions in companies with $5 to $20 million of EBITDA. Preferred LCP investment targets display a high percentage of recurring revenue and strong free cash flow conversion and seek to leverage LCP's flexible approach to partnership and long-term growth orientation.
LCP's geographical focus is primarily the United States, and opportunistically in Europe, in sectors with an abundance of successful lower middle market companies including healthcare services, business services, niche manufacturing, and food and beverage. Yet regardless of a company's sector, LCP will seek investments which possess key characteristics such as:
Invested June 2018
Bush Industries, based in Jamestown NY, is a manufacturer and importer of ready-to-assemble furniture for small businesses, homes and home offices. Bush manufactures, packages and distributes its furniture to office supply superstores, the furniture wholesale channel and directly to consumers through e-commerce channels. Bush employs close to 400 people and was founded as a family owned business in 1959.
Invested October 2017
Founded in 1982 in St. Johnsbury, Vermont, NSA is the largest metal fabrication and machining business on the East Coast. NSA designs, engineers, fabricates, assembles and ships precision metal products across a variety of end markets including the fitness, foodservice, medical and industrial sectors. NSA employs over 350 people and operates out of three facilities in Vermont, one in New Hampshire and one in Massachusetts.
Invested August 2017
Blue Bell is a legacy third-generation family owned manufacturer of mattresses, founded in 1928. For over 89 years, the company has grown and maintained a reputation for manufacturing high quality bedding products under the Blue Bell, Natura and King Koil brands. Located in East Windsor, Connecticut, Blue Bell has become a dominant player in the industry and is one of the leading mattress manufacturers in the U.S. LCP's investment in Blue Bell comes with a strategic plan to acquire complementary mattress manufacturing businesses and to expand the Company's portfolio of brands and the geographic markets in which they operate.
Invested March 2016
Clarus Commerce (www.claruscommerce.com) is a recognized leader in e-commerce and subscription commerce solutions. Clarus provides loyalty and benefits solutions, powered by its proprietary technology platform, to make e-commerce shopping and digital properties more valuable and convenient for retailers and consumers alike through owned and operated sites, as well as turn-key solutions for its partners. Among its various properties, Clarus Commerce powers FreeShipping.com, the pioneer of the pre-paid shipping and cashback e-commerce movement.
Invested February 2016
Infinite Care, LLC ("Infinite Care") was formed by Landon Capital Partners for the purpose of acquiring selected assets, which operate urgent care, primary care, and specialty services healthcare clinics in the Denver, Colorado metropolitan area doing business under the Rocky Mountain brand name (www.rockymountainurgentcare.com). Rocky Mountain Urgent Care has been providing quality health care services to the Denver community since 2002. With 6 locations and over 150 employees, Rocky Mountain Urgent Care is one of the largest providers of urgent care in the Denver region.
Mr. Sullivan has over a decade of investment experience in middle market private equity. As a Managing Director at The Tokarz Group Advisers and MVC Capital working with Michael Tokarz, Mr. Sullivan was responsible for sourcing, acquiring and monetizing portfolio investments. Prior to joining TTGA/MVC, he worked in the investment banking group at Credit Suisse. He received his MBA from the Carroll School of Management at Boston College and a Bachelor of Arts in history from Dartmouth College. Mr. Sullivan is based in Boston.
Mr. Edis has managed JPS Finance Ltd. since 2005. Mr. Edis oversees the Landon Family Trust's funds and direct investments and has experience sourcing and managing investments across many sectors. Before JPS Finance, Mr. Edis worked for nine years as a commercial lawyer with Linklaters in London and New York. He is a graduate of St. Catharine's College, Cambridge University. Mr. Edis is based in London.
Mr. Menell has been the Finance Director at JPS Finance Ltd. since 2013. After qualifying as a Chartered Accountant in 1997, he worked in corporate finance for a large international accounting firm and then spent seven years at SGI Ltd., a private family office. This was followed by six years as the finance director of EXT Capital, a Private Equity backed FCA regulated derivative trading platform. Mr. Menell holds a degree in engineering from the University of Leeds and is a member of the Institute of Chartered Accountants in England and Wales.
Mr. Heffrin is an experienced finance professional having worked on a number of M&A related transactions across various industries. Prior to joining Landon Capital Partners, he worked for Covington Associates, a middle market investment bank, where he assisted in the execution of several healthcare, business services and manufacturing related sell-side engagements. Previously, he was an analyst at Nomura Securities in the Technology and Media group where he worked on a variety of corporate transactions including leveraged buy-outs and M&A advisory roles. He graduated from Boston College with a Bachelor of Science in Finance and Information Systems. Mr. Heffrin is based in Boston.