LLR Partners, a lower middle market private equity firm, announces the final closing of LLR Equity Partners VII, L.P. at $2.45 billion. Included in LLR 7's capital is meaningful participation by LLR’s Partners and employees. LLR’s prior fund, LLR 6, closed in October 2020 at $1.8 billion, including the General Partner’s commitment.

“We thank our investors for their partnership and confidence in LLR’s investment strategy,” said Partner Mitchell Hollin. “We greatly value our Limited Partners, with the entire LLR team striving every day to deliver for them.”

LLR 7 continues the firm’s 25-year history of investing in and partnering with lower middle market growth companies. Like its predecessor funds, LLR 7 will focus on the technology and healthcare sectors. With more than 100 professionals, a dedicated value creation team and a group of experienced executives engaged as Senior Operating Advisors, LLR 7 will invest in majority and minority equity positions, providing capital for growth, recapitalizations and buyouts.

“Our thesis-driven investment approach, tech-enabled origination and extensive value creation resources put LLR in prime position to help our companies accelerate growth and become market leaders,” said Managing Director, Investor Relations, Jason Jerista. “Our shared objective continues: together, we grow companies every day.”

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