About L Squared Capital Partners
L Squared Capital Partners is a private equity firm founded in 2014. It is primarily based in Newport Beach, United States. As of Apr 2026, L Squared Capital Partners is an active investor with a portfolio of 17 companies, comprising 17 funding rounds and 12 acquisitions. In the last 12 months, it has participated in 1 funding round and has made 1 acquisition. The firm primarily invests in companies based in United States and China. Its portfolio is spread across a wide range of sectors from EdTech to Enterprise Applications. Most recently it acquired stakes in Functional Devices on Feb 23, 2026.
Overall L Squared Capital Partners portfolio has seen 10 acquisitions, namely Kanopy, Virtium and Raptor Scientific. A lot of funds co-invest with L Squared Capital Partners, with names like Bratenahl Capital Partners sharing a substantial percentage of its portfolio.
L Squared Capital Partners has a team of 17 people, including 7 partners.
Key Metrics
Founded Year
2014
Location
Newport Beach, United States
Portfolio Companies
Portfolio Sectors
Portfolio Locations
Acquisition Deals
Investment Deals
L Squared Capital Partners' Portfolio
L Squared Capital Partners has a portfolio of 17 companies. They have invested in a total of 17 companies. Their most recent investment was in Ergo (PE round) on Nov 04, 2025. Here are the most recent investments by L Squared Capital Partners:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Nov 04, 2025 | PE | 1375 | - | |
Feb 16, 2023 | Series C | 3831 | - | |
Nov 05, 2021 | Seed | 4319 | ||
Sep 10, 2019 | Series C | 7019 | - |
L Squared Capital Partners has acquired 12 companies. Their most recent acquisition was of Functional Devices on Feb 23, 2026. Here are the most recent acquisitions by L Squared Capital Partners:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Feb 23, 2026 | Manufacturer of control systems and building automation systems | - | 1969 | |
Dec 18, 2024 | Retailer of lubricant oils | - | 1939 | |
Jun 10, 2024 | Provider of SaaS-based educational software and solutions for students with autism and related disorders | $12.8M | 2001 | |
Jun 16, 2023 | ERA Industries, Inc. | - | 1999 |
Here is the portfolio snapshot of L Squared Capital Partners:
Investments by Year
The maximum number of investments were made in 2025
Acquisitions by Year
The maximum number of acquisitions were made in 2024
Portfolio by Location
Companies are primarily in United States and China
Portfolio by Sector
Companies are primarily in EdTech
Team profile of L Squared Capital Partners
L Squared Capital Partners has a team of 17 members including 7 Partners and 3 Principals located in United States. L Squared Capital Partners' team does not sit on the board of any company as of now.Here is a list of top team members in L Squared Capital Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Chicago | - | ||
Partner | Chicago | - | ||
Partner | Newport Beach | - | ||
Partner | Newport Beach | - | ||
Partner | Newport Beach | - | ||
Partner | Newport Beach | - | ||
Partner | Newport Beach | - | ||
Principal | Philadelphia | - | ||
Principal | Newport Beach | - | ||
Principal | - | - | ||
Associate | Los Angeles | - |
Co-investors of L Squared Capital Partners
Over the past 12 years, 15 investors have co-invested in L Squared Capital Partners's portfolio companies.
- Top Co-investors of L Squared Capital Partners: 15 investors entered a company along with L Squared Capital Partners. These include investors like Bratenahl Capital Partners (1 company).
L Squared Capital Partners News
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L Squared Completes Growth Investment in ErgoGlobal Legal Chronicle•Nov 06, 2025•Skadden, L Squared Capital Partners, ERGO
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Banner Capital Management Expands Leadership TeamPR Newswire•Apr 24, 2025•Banner Capital Bank, L Squared Capital Partners
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CogneSense Announces Acquisition of L&J TechnologiesBusiness Wire•Jul 30, 2024•L&J Technologies, Kept Companies, Cognesense, L Squared Capital Partners
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L Squared Capital Partners’ Acquisition of TeachTownGlobal Legal Chronicle•Jun 10, 2024•L Squared Capital Partners, Vedder Price, Ropes & Gray, Bain Capital
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TransDigm Group to acquire L Squared-backed Raptor Scientific for $655mPE Hub•May 28, 2024•TransDigm, Raptor Scientific, L Squared Capital Partners, TeachTown and 1 other
