Center market companies are a signifies to make cash for Riordan, Lewis & Haden. The personal fairness organization targets center market organizations, creating on proven business models. The organization typically invests in between $5 million and $15 million for every transaction into companies with gross sales ranging from $25 million to $150 million. Most of its portfolio companies are primarily based in Southern California and characterize many industries. Some of its investments incorporate residence and casualty insurance coverage provider Money Pacific, data security software program provider Foundstone, and environmental and telecommunications consulting organization Tetra Tech. Former Los Angeles Mayor Richard Riordan established the organization.
Riordan, Lewis & Haden is a top personal fairness organization which invests in escalating center market enterprises which are mostly headquartered in California and adjacent states. The organization, with places of work in Los Angeles and Orange County, offers cash and assists portfolio organization management groups as they navigate the prospects and difficulties of progress. Working collaboratively with management, RLH offers abilities, contacts, and knowledge-primarily based information on significant strategic issues. The organization currently manages around $400 million of cash and is actively trying to get new portfolio companies.
Riordan, Lewis & Haden (RLH), a top personal fairness organization concentrated on higher-progress center market enterprises, declared these days the closing of its most recent fund, RLH Investors II, L.P., totaling $265 million of fully commited cash.
Founded 25 many years back by former Los Angeles Mayor Richard Riordan and J. Christopher Lewis, RLH is well regarded for its extensive historical past of creating prosperous organizations and generating benefit for its buyers by shut partnerships with proven CEO’s and leadership groups. Riordan, Lewis & Haden focuses on investments in progress companies with revenues in between $20 million and $250 million, proven and lucrative business models, and headquarters situated mostly in California or adjacent states.
RLH business pursuits incorporate business companies, healthcare, specialty distribution, higher benefit-included producing, and financial services. The firm’s fairness cash facilitates company progress, as well as partial and full possession transitions. RLH’s expenditure hunger for every transaction ranges from $ten million to $fifty million, with much larger quantities available by the firm’s co-trader associations. The organization will carry on to make equally minority and management investments, adapting its expenditure construction to every portfolio organization to very best provide the cash demands of the organization and its management and house owners.
RLH Investors II marks just the 2nd time in the firm’s 20-five year historical past that it has recognized outside expenditure. The roster of limited associates in this fund includes a diverse mix of community and personal employee pension resources, endowments, foundations, world wide insurance coverage carriers, countrywide and regional financial institutions, and higher net worthy of individuals. Notably, virtually all of the big buyers from RLH’s prior institutional fund have selected to participate in the new fund at a equivalent or greater dedication degree.
“We are honored to have the assistance of our limited associates,” reported Typical Husband or wife Patrick C. Haden. “For 25 many years we have pursued a concentrated tactic of partnering with the management groups of higher-progress organizations to create important enterprises.