Building Value Together
A year of teamwork across LLR and our ecosystem.
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We Grow Companies Every Day.
Highlights.
Highlights
Closed our latest investment fund (LLR 7) with $2.45B in total capital raised to continue partnering with innovative companies.

Thank you to our management teams, investors and partners for their support.

We're energized by what we’ve built together and focused on what’s next.


$2.45B
total capital raised for LLR 7
35
portfolio company add-on acquisitions
350+
volunteer hours serving our community
18
new hires across the firm
3
new LLR 7 platform investments
30+
CEOs gathered in-person for LLR's Collaborate summit
Investment Activity.
LLR 7 New Investments in 2025
Accounts receivable, accounts payable and integrated payment solutions for the insurance industry
Randomization, trial supply management, consent and patient outcomes data collection solutions for clinical studies

LLR 7 invested in Suvoda in connection with its merger with Greenphire
Clinical trial oversight for pharmaceutical companies, clinical research organizations and research sites
Exits
LLR 6’s investment was sold to IntelliShift’s founder
LLR 5’s investment was sold in connection with a recapitalization by a private equity fund (closed on January 9, 2026)
LLR 5’s investment was sold in connection with the Greenphire merger
Portfolio Company Add-On Acquisitions
Acquired Alta Dock & Door
Acquired Igloo
Acquired Synergy Healthcare
Acquired BoxMate
Acquired RosTech
Acquired four eye care practices
Acquired Jade Scientific
Acquired KGH Therapy
Acquired Motion (formerly Motion Specialties)
Acquired ElimiWait and Oobeo
Acquired WorkDove
Acquired Advanced Data Center Consulting Group, Keysource, and Northshore
Acquired seven dermatology practices
Acquired High End Financial
Acquired Mobility Consulting Group
Acquired Seaside Healthcare
Acquired COMQUEST and Medality
Acquired Azibo
Acquired Malvern Systems
Collaborate.

LLR’s Collaborates bring our portfolio company leadership teams together to learn, connect and exchange perspectives. Our CEO Collaborate Summit brought 30+ portfolio leaders to Philadelphia for two days of networking and expert-led sessions, while 250+ portfolio company leaders participated in multiple Collaborates throughout the year.

CEO Collaborate

  • Embracing the AI Revolution

  • 5x CEO Leadership for Scale

  • Practical AI Use Cases for Companies

 

arrowDiscover insights from LLR's CEO Collaborate
Product Collaborate

  • AI in Product Management

  • Structuring Products for Growth

  • Offshoring Best Practices

arrowRead guidance on launching price increases across your customer base
VIEW THE AREAS
View our Areas of Interest
Our most-read GrowthBits this year.
arrowRead the GrowthBits we gathered in 2025
Philanthropy and Team Bonding.

Teamwork at LLR extended beyond our workplaces and into our communities. Our team contributed 350+ volunteer hours, partnering with 12 nonprofit organizations. We also strengthened our internal connections through firmwide events.

Firmwide Fall Field Day
Harlem Lacrosse Shark Tank
CHOP Philly Spin-In
LLR Summer Analyst Program
LLR Annual Phillies Game Outing
Spring Firmwide Franklin Institute Event
ACHIEVEability Backpack Donation Drive
Philabundance Volunteer Day
LLR Spikeball Tournament
Promotions.

Congratulations to the 17 individuals who earned promotions.

Alyssa Barrett
Senior Staff Accountant
Wes Germain
Senior Director, Demand Generation
Will Greenberg
Senior Associate, Healthcare
Parker Heisey
Associate, Healthcare
Sloan Huebner
Analyst, FinTech
Evan Johnson
Analyst, Software
Joseph Lynn
Senior Associate, FP&A
Bobby McFarland
Associate, Healthcare
Eddie McCann
Vice President, Software
Trevor Mutolo
Associate, Software
Andrea Newbern
Senior Staff Accountant
Sofia Nuñez
Associate, Investor Relations
Thomas Reinhart
Senior Associate, Market Development
Peter Schwartz
Principal, Healthcare
Ousmane Sow
Senior Associate, Market Development
Cody Wax
Senior Associate, FinTech
Mike Zabin
Vice President, Software
New Hires.
A warm welcome to 18 LLR teammates.
Adam Alderfer
Associate, Education
Ryan Banks
Analyst, Healthcare
Niklaus Boatswain
Analyst, Market Development
Steven Cao
Analyst, Healthcare
Dylan Dempsey
Head of Data and Analytics
EJ Evans
Analyst, Software
Marja Fitzgerald
Head of People and Organization
Carter Jones
Analyst, Market Development
Morn Ly
Paralegal
Joél Maldonado
Senior Associate, Demand Generation
Yvonne Mbugua
Analyst, Market Development
Luke Nichols
Associate, Healthcare
Charles Qu
Analyst, Market Development
Mike Ryan
Associate, Healthcare
Ellie Siebeneck
Analyst, Market Development
Ellie Skinner
Analyst, Market Development
Ankush Somenhalli
Analyst, Healthcare
Parker Woods
Analyst, Market Development
What's Next: 2026 and Beyond.

We’re entering a milestone year as Philadelphia, LLR’s home city, celebrates our nation’s 250th anniversary.

We remain focused on what has long defined LLR: partnering with founders, CEOs and their management teams, drawing on more than 25 years of investment experience and working collaboratively to create long-term value.

Partners.