LLR Partners employs an opportunistic investment approach, committing capital in abroad range of transactions, including late stage growth, buyouts, recapitalizations, and buy and build transactions. Our flexibility enables us to adapt to varying investment, economic and financing environments. By leveraging our expertise and experience, we can quickly identify and act on promising opportunities.
In the diagram at right, rollover each number to reveal our process.
Our investment process begins with an introduction to your business. Entrepreneurs or their intermediaries typically provide us with a business plan or an offering memorandum. If you do not have formal material prepared, we’ll arrange an introductory call for you to walk us through the business.
After becoming familiar with the business, LLR will arrange an introductory meeting for Management to a) formally present the opportunity and b) to get a better feel for the LLR deal team.
We want to understand your business as well as we can. To this end, we will surely come prepared with a number of questions to better understand historical results and the key drivers of future growth.
Over the next few weeks, we will engage in various discussions with Management to answer any final questions we have about the business and to ensure we can structure a transaction that’s mutually acceptable. We will then submit a preliminary term sheet for Management’s review.
If the investment proposal is agreed upon, LLR will prepare a due diligence plan and an information request list for Management. We will coordinate with Management to schedule the meetings necessary to conduct our business, legal and financial due diligence. Our diligence processes typically take 30 days.
Upon completion of diligence, we will invite Management to present the business opportunity to our partnership as a whole. This session gives the non-deal team principals of LLR and Management the opportunity to get to know one another.
LLR’s principals will then review the deal team’s diligence summary and investment recommendation and give their formal approval for the transaction.
Once the transaction is formally approved, the process concludes with the completion of confirmatory diligence and the signing of the legal documentation.