LLR Partners Realized Three Exits in 2010
January 10, 2011
LLR Partners Realized Three Exits in 2010:
Welocalize
LLR Partners realized a 9.0x return on investment with the sale of Welocalize, Inc. to Riverside Partners. Welocalize provides electronic localization solutions that enable clients to communicate, both on and offline, in more than 40 different languages.
Five Below
LLR Partners received proceeds from the recapitalization of Five Below by Advent International. Five Below is a retailer of extreme-value merchandise to the teen and pre-teen markets. Through a unique interpretation of the dollar store format, Five Below offers thousands of items, priced between $1.00 and $5.00. LLR retains a minority ownership in the Company.
American Renal Associates
LLR Partners participated in the sale of American Renal Associates, Inc. to Centerbridge Partners and management. ARA is the fourth largest for-profit operator of kidney dialysis centers in the United States, with more than 65 facilities under management.