Landon Capital Partners ("LCP") is the direct private equity investment group of the Landon family and its select family office co-investment partners. LCP invests in middle market private equity opportunities primarily in the United States. Our mission is to source, acquire, and manage lower middle market private equity buyouts, targeting opportunities for control equity positions in companies with $5 to $20 million of EBITDA. Preferred LCP investment targets display a high percentage of recurring revenue and strong free cash flow conversion and seek to leverage LCP's flexible approach to partnership and long-term growth orientation. LCP began operations in 2015 and has offices in Boston and London.
Landon Capital Partners ("LCP") utilizes a "buy and build" approach towards investment management and will not focus on "lever and de-lever" opportunities.
LCP's mission is to source, acquire and manage lower middle market private equity buyouts, targeting opportunities for control equity positions in companies with $5 to $20 million of EBITDA. Preferred LCP investment targets display a high percentage of recurring revenue and strong free cash flow conversion and seek to leverage LCP's flexible approach to partnership and long-term growth orientation.
LCP's geographical focus is primarily the United States, and opportunistically in Europe, in sectors with an abundance of successful lower middle market companies including healthcare services, business services, niche manufacturing, and food and beverage. Yet regardless of a company's sector, LCP will seek investments which possess key characteristics such as:
Invested October 2021
Walbro is a leading, global manufacturer of critical engine components and fuel system solutions for improved emissions and efficiency in small engines. Walbro supplies products primarily to professional users in the recreation & marine, lawn & garden, and generator markets worldwide. The Company has a manufacturing presence in five countries as well as a number of additional sales offices and design centers. Founded in 1950, Walbro is headquartered in McLean, VA and employs over 2,000 full time employees.
Invested May 2021
Red Apple Cheese, LLC. (“Red Apple”) produces and markets a wide variety of high-quality, natural cheeses to distributors, retailers, wholesalers, food service operators and industrial food manufacturers across North America. Red Apple’s 120+ SKUs are marketed through multiple Company owned brands and include; smoked cheeses, kosher cheeses, signature cheeses, private label cheeses, fat-free cheeses, and organic cheeses. The Company also operates a direct-to-consumer ecommerce division under the name www.cheesebros.com. Founded in 1991, Red Apple is headquartered in Barron, Wisconsin where it operates in a state-of-the-art facility adhering to strict Quality and Food Safety Assurance guidelines.
Invested February 2021
Fusion92 is a technology-enabled, data-driven marketing services firm that leverages its expertise in strategy and innovation, design and digital production, as well as customer and audience acquisition to deliver optimized, outsourced marketing solutions that create tangible results for its clients. Fusion92’s innovation-driven approach has obtained eight patents, numerous industry awards and a client roster of impressive Fortune 500 brands. Founded in 1999, Fusion92 is headquartered in Chicago, IL and has over 100 full time employees.
Invested December 2020
ICON Electric Vehicles ("ICON") is a manufacturer of high-quality electric recreational low speed vehicles ("LSV") and commercial utility vehicles. ICON's street legal vehicles are marketed as safe, clean energy automotive alternatives for short distance traveling. ICON sells to dealerships nationwide from three manufacturing facilities located in Florida, Arizona, and Texas. ICON employs over 70 people and was founded in Tampa, Florida in 2017.
Invested December 2020
Headquartered in Winslow, Maine in 2006, ALCOM Holding Company, LLC ("ALCOM") is the nation's leading manufacturer of open and enclosed aluminum trailers for industrial, commercial, and recreational hauling purposes. ALCOM trailer offerings, sold under nine brand names, consist of snow trailers, car haulers, cargo trailers, flat/open carriers, horse and livestock transports, and a line of adventure and camping lifestyle trailers. ALCOM operates out of four facilities located in Maine, Montana, South Dakota and Florida and is staffed by more than 600 dedicated craftsmen, sales associates and office personnel.
Invested December 2020
919 Marketing ("919") is a technology enabled, data driven marketing and public relations agency focused on providing content marketing services to the US franchise and cause marketing industries. Founded in 2001 and headquartered in Raleigh, North Carolina, 919 offers a comprehensive set of technology enabled marketing services including brand strategy and messaging, strategic marketing and planning, video marketing, digital marketing, public relations, social media marketing, creative services, marketing analytics, and crisis management.
Invested March 2019
TTG, Inc ("Trinity Technology Group" or "TTG") is a specialty chemicals company headquartered in Higginsville, Missouri, that specializes in manufacturing and marketing expanded polytetrafluoroethylene ("ePTFE") membrane for apparel companies, filter companies and specialty membrane producers. TTG employs over 50 people and was founded in 2008.
Invested August 2017
Blue Bell is a legacy third-generation family owned manufacturer of mattresses, founded in 1928. For over 89 years, the company has grown and maintained a reputation for manufacturing high quality bedding products under the Blue Bell, Natura and King Koil brands. Located in East Windsor, Connecticut, Blue Bell has become a dominant player in the industry and is one of the leading mattress manufacturers in the U.S. LCP's investment in Blue Bell comes with a strategic plan to acquire complementary mattress manufacturing businesses and to expand the Company's portfolio of brands and the geographic markets in which they operate.
Invested June 2018
Bush Industries, based in Jamestown NY, is a manufacturer and importer of ready-to-assemble furniture for small businesses, homes and home offices. Bush manufactures, packages and distributes its furniture to office supply superstores, the furniture wholesale channel and directly to consumers through e-commerce channels. Bush employs close to 400 people and was founded as a family owned business in 1959.
Invested October 2017
Founded in 1982 in St. Johnsbury, Vermont, Momentum Manufacturing Group ("MMG" formerly NSA Industries) is the largest metal fabrication and machining business on the East Coast. MMG designs, engineers, fabricates, assembles and ships precision metal products across a variety of end markets including the fitness, foodservice, medical and industrial sectors. MMG employs over 350 people and operates out of three facilities in Vermont, one in New Hampshire and one in Massachusetts.
Invested March 2016
Clarus Commerce (www.claruscommerce.com) is a recognized leader in e-commerce and subscription commerce solutions. Clarus provides loyalty and benefits solutions, powered by its proprietary technology platform, to make e-commerce shopping and digital properties more valuable and convenient for retailers and consumers alike through owned and operated sites, as well as turn-key solutions for its partners. Among its various properties, Clarus Commerce powers FreeShipping.com, the pioneer of the pre-paid shipping and cashback e-commerce movement.
Invested February 2016
Infinite Care, LLC ("Infinite Care") was formed by Landon Capital Partners for the purpose of acquiring selected assets, which operate urgent care, primary care, and specialty services healthcare clinics in the Denver, Colorado metropolitan area doing business under the Rocky Mountain brand name (www.rockymountainurgentcare.com). Rocky Mountain Urgent Care has been providing quality health care services to the Denver community since 2002. With 6 locations and over 150 employees, Rocky Mountain Urgent Care is one of the largest providers of urgent care in the Denver region.
Mr. Sullivan has over fifteen years of investment experience in middle market private equity. As a Managing Director at The Tokarz Group Advisers and MVC Capital working with Michael Tokarz, Mr. Sullivan was responsible for sourcing, acquiring and monetizing portfolio investments. Prior to joining TTGA/MVC, he worked in the investment banking group at Credit Suisse. He received his MBA from the Carroll School of Management at Boston College and a Bachelor of Arts in history from Dartmouth College. Mr. Sullivan is based in Boston.
Mr. Edis has managed JPS Finance Ltd. since 2005. Mr. Edis oversees the Landon Family Trust's funds and direct investments and has experience sourcing and managing investments across many sectors. Before JPS Finance, Mr. Edis worked for nine years as a commercial lawyer with Linklaters in London and New York. He is a graduate of St. Catharine's College, Cambridge University. Mr. Edis is based in London.
Mr. Menell has been the Finance Director at JPS Finance Ltd. since 2013. After qualifying as a Chartered Accountant in 1997, he worked in corporate finance for a large international accounting firm and then spent seven years at SGI Ltd., a private family office. This was followed by six years as the finance director of EXT Capital, a Private Equity backed FCA regulated derivative trading platform. Mr. Menell holds a degree in engineering from the University of Leeds and is a member of the Institute of Chartered Accountants in England and Wales.
Mr. Kennedy joined Landon Capital Partners in June 2020. Mr. Kennedy has over 15 years of experience investing in private equity opportunities. Prior to joining Landon, Mr. Kennedy served as Head of Research for Madava Asset Management, where he led investment opportunities for the single family office. Prior to Madava, Mr. Kennedy worked at Longroad Asset Management for eight years, where he focused on private equity and distressed investment opportunities. Mr. Kennedy also served as a senior analyst at Turnberry Capital Management, a multi-strategy credit fund for five years. Mr. Kennedy received a B.A. from Duke University and is a CFA Charterholder.
Mr. McMenimon joined Landon Capital Partners in January 2021 bringing over 15 years of sales/marketing, operational and transactional experience. Prior to Landon Capital Partners, he owned and operated an energy company, taking it from a small service group to a vertically integrated solutions provider that was acquired by Kohler. Mr. McMenimon also worked for Meridian Investments where he held FINRA series 7 and 63 licenses while working on tax equity investments. He received his MBA from the F.W. Olin School of Business at Babson College and a B.S. in Marketing from Lehigh University. Mr. McMenimon is based in Boston.
Mr. Johnston joined Landon Capital Partners in May 2021. Prior to joining Landon Capital Partners, he worked for Canaccord Genuity, a global middle-market investment bank, where he focused on technology M&A advisory. Mr. Johnston received his B.S in Finance from the McIntire School of Commerce at the University of Virginia. Mr. Johnston is based in Boston.