Private Equity · Profile from Private Equity Research Companion
Leonard Green & Partners (LGP)
HQ: Los Angeles (Brentwood), California · Founded: January 1989 · Founder: Leonard I. Green · Long-time leaders: John G. Danhakl, Jonathan D. Sokoloff, Peter J. Nolan · AUM: ~$77.8bn (2024, reported) · Strategy: Control and significant-minority buyouts and growth investments in U.S. consumer, retail, healthcare, and business/industrial services · Flagship vehicles: Green Equity Investors (GEI) I–X; Jade Equity Investors (middle market)
16 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
1990
Carr Gottstein Foods
Management Buyout / LBO
1992
Big 5 Sporting Goods
Carve-out LBO, Recap and IPO
1992
Thrifty PayLess
Carve-out LBO and Roll-up
2000
Petco
Take-Private
2006
Petco Second Buyout
Second Take-Private
2006
The Sports Authority
Take-Private
2007
The Container Store
Majority Growth Buyout
2008
Whole Foods Market
Convertible Preferred PIPE
2010
J Crew
Take-Private
2010
Jo Ann Stores
Take-Private
2010
Prospect Medical Holdings
Take-Private and Hospital Roll-up
2011
BJs Wholesale Club
Take-Private
2014
Mister Car Wash
Secondary Buyout and Roll-up
2015
Life Time Fitness
Take-Private
2018
SRS Distribution
Secondary Buyout and Buy-and-Build
2025
Topgolf
Majority Carve-out