Lindsay Goldberg
Company typePrivate
IndustryPrivate equity
Founded2001; 23 years ago (2001)
FounderAlan E. Goldberg, Robert D. Lindsay
HeadquartersInternational Building
New York, New York, United States
ProductsLeveraged buyout, Growth capital
Total assets$17 billion[1]
Number of employees
50+
Websitewww.lindsaygoldbergllc.com

Lindsay Goldberg (LGLLC) is an American private equity firm focused on leveraged buyout and growth capital investments in middle-market companies in such sectors as consumer products, commodity-based manufacturing, energy services, business services, healthcare, financial services, energy transmission and waste disposal.[2]

Synopsis

LGLLC, which is based in New York City, was founded in 2001 by Alan Goldberg, who had previously served as chairman and CEO of Morgan Stanley Private Equity (later Metalmark Capital) and Robert Lindsay, who played a central role in the Bessemer Trust private equity business, serving most recently as Managing General Partner since 1991. Goldberg and Lindsay had worked together in the 1980s at Morgan Stanley. They were founding members of the private equity business in 1984.[clarification needed]

The firm has raised approximately $17 billion since inception, across five funds. The firm raised $2 billion for its first fund in 2002.[3] In 2006, the firm completed fundraising for its second fund with $3.1 billion of investor commitments.[4][5] In 2008, Lindsay Goldberg commenced raising its third fund with a target of $4.0 billion. As of November 2015, $3.4 billion had been raised toward its fourth fund.[6] As of July 2020, $3.4 billion had been raised toward its fifth fund.[7]

Holdings

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Advisors

Lindsay Goldberg has developed affiliate partnerships with a number of influential individuals and businesses in order to extend their reach, both geographically and by industries. These partners include:[14]

References

  1. ^ Capital raised since inception in 2001 across five funds
  2. ^ First American Payment Systems, L.P. Announces Partnership with Lindsay Goldberg & Bessemer. April 16, 2003,
  3. ^ Lindsay Goldberg & Bessemer closes buy-out fund at $2bn Archived 2006-10-22 at the Wayback Machine. AltAssets, February 4, 2003,
  4. ^ Lindsay Goldberg & Bessemer closes LGB II on $3.1bn Archived 2006-10-16 at the Wayback Machine. AltAssets, August 1, 2006,
  5. ^ Lindsay Goldberg & Bessemer Agrees to Acquire Majority Position in Miami's Intermex Wire Transfer, LLC. April 3, 2006,
  6. ^ "Lindsay Goldberg moves past $3.4bn mark for Fund IV | AltAssets Private Equity News". www.altassets.net. 2 November 2015. Retrieved 2016-05-20.
  7. ^ "NYC-based Lindsay Goldberg Raises USD 3.4bn for Fifth Private Equity Fund; Achieved 85% of Target". analyzemarkets.com. 6 July 2020. Retrieved 2023-01-06.
  8. ^ "ABOUT US".
  9. ^ "Bedrock Industries Group LLC". Bloomberg. Retrieved 22 September 2019.
  10. ^ "Billionaire Watsa Now Second-Biggest Shareholder in Stelco". Bloomberg. 18 November 2018.
  11. ^ "Lindsay Goldberg to buy Creation Technologies from Birch Hill". PE Hub Network. Buyouts Insider / PEI Media LLC. 29 July 2019.
  12. ^ "Lindsay Goldberg to buy pharma packaging maker Bilcare Research: sources". Reuters. 4 September 2019.
  13. ^ "Lindsay Goldberg acquired MMS".
  14. ^ "Affiliate Partners". Lindsay Goldberg. Retrieved January 7, 2019.