Washington Business Journal: Outside Cash Fuels ‘Growth’ Tech Deals
September 7, 2012
In a cover story, the Washington Business Journal examines the increasing number of out-of-market technology investors looking to D.C. for growth capital investments. LLR Partners’ recent investment in Columbia, Md.-based Message Systems and its commitment to the region by hiring David Siegel as a full time professional on the ground in D.C. are highlighted.
“In LLR’s case, the availability of growing tech companies in this region, the scarcity of homegrown venture and private equity dollars and the proximity to its home turf make the region an attractive one,” said LLR principal Justin Reger. “It just makes a lot of sense, given that it’s a hotbed of growing technology businesses for us to turn our attention to.”
For the full article, click here.