RLH Equity Partners

RLH Equity Partners is a private equity firm based in Los Angeles that focuses on making investments in growing services businesses. Sectors of particular investment interest to the firm include business services, healthcare, and government services.

RLH Equity Partners
TypePrivate Ownership
IndustryPrivate Equity
Founded1982 (1982)
FounderRichard Riordan and Chris Lewis
HeadquartersLos Angeles, California, United States
ProductsPrivate Equity Funds, Growth Capital
Websitewww.rlhequity.com

History

The firm was co-founded in 1982 by Chris Lewis and Richard Riordan. From inception through the late 1990s, RLH invested largely the capital of its principals. Based upon the track record compiled during that period, the firm expanded its capital base, starting in 1999 by raising private equity funds predominantly from institutional investors. Over the ensuing two decades, the total committed capital of each of the firm's institutional funds, and the size of its professional staff, have grown steadily and in parallel. The firm's first institutional fund, raised in 1999, was $120 million, while its second (raised in 2006) was $265 million,[1] the third (raised in 2012) was $380 million,[2] and the fourth and most recent fund (raised in 2017) comprised $510 million of capital commitments.[3] Today, RLH’s investment strategy centers around high growth, knowledge-based services businesses.

Investments

Some of RLH's notable current and past investments include:

References

  1. "Riordan, Lewis & Haden Closes $265 Million Fund". Business Wire. April 30, 2007. Retrieved 18 October 2019.
  2. "RLH Equity closes Fund III above hard-cap". Private Equity International. March 20, 2013. Retrieved 18 October 2019.
  3. Marinova, Polina (20 October 2017). "Term Sheet -- Friday, October 20". Fortune. Retrieved 19 December 2018.
  4. "Astound Commerce Announces Investment From RLH Equity Partners". Consulting.us. May 11, 2021. Retrieved 11 May 2021.
  5. "The Apothecary Shops has been acquired by Riordan, Lewis & Haden". FocalPoint Partners LLC. Retrieved 23 May 2016.
  6. "Biorasi Partners with RLH Equity to Spur Expansion and Growth". Consulting.us. December 11, 2018. Retrieved 11 December 2018.
  7. "RLH set to exit Bluewolf to IBM". PitchBook. April 1, 2016. Retrieved 18 October 2019.
  8. "RLH Equity Partners Announces Investment in Clarity Solution Group". PRNewswire. June 24, 2014. Retrieved 18 October 2019.
  9. "ClearView Healthcare and RLH Equity Partners". RLH. July 11, 2023. Retrieved 11 July 2023.
  10. "Connors Group Announces Investment from RLH Equity Partners to Support Rapid Growth". PR Newswire. February 1, 2023. Retrieved February 1, 2023.
  11. "CrossCountry Consulting Recapitalized by Investcorp". PR Newswire. December 8, 2022. Retrieved February 1, 2023.
  12. "PE-Backed CrossCountry Consulting spins off Workday practice into CrossVue". PE Hub. April 29, 2022. Retrieved February 1, 2023.
  13. "RLH Equity Partners Invests In Creative Circle". mergr. October 1, 2008. Retrieved February 1, 2023.
  14. "RLH Selling CyberCoders to On Assignment". The Wall Street Journal. December 3, 2013. Retrieved February 1, 2023.
  15. Yu, Jane (15 May 2014). "Cymetrix Sells for $75 Million". Orange County Business Journal. Retrieved 18 July 2016.
  16. "RLH Equity Partners Invests in imre". PR Newswire. October 15, 2021. Retrieved February 1, 2023.
  17. "RLH Equity Partners Announces Investment in Inspirage LLC". PRNewswire. January 13, 2015. Retrieved 18 October 2019.
  18. "ITS Corporation". RLH Equity. July 11, 2023. Retrieved February 1, 2023.
  19. "Keystone Strategy receives $100-million investment from RLH Equity Partners". Consulting.us. August 5, 2021. Retrieved 18 May 2023.
  20. Yu, Jane (19 July 2012). "Riordan, Lewis in $473M Sale of Portfolio Company". Orange County Business Journal. Retrieved 16 July 2016.
  21. "Addison Group Acquires Mondo". Mergr.com. December 10, 2018. Retrieved 18 October 2019.
  22. "RLH Equity Partners Invests in MCA Connect". PR Newswire. July 14, 2020. Retrieved February 1, 2023.
  23. Davis, Michelle (6 May 2014). "Parsons Acquires Secure Mission Solutions, Expands Cybersecurity Offering". WashingtonExec. Retrieved 16 July 2016.
  24. Scott, Mark (1 June 2013). "Financing deal at Silverado Senior Living proves company has a business model that works". Smart Business. Retrieved 18 July 2016.
  25. "Tetra Tech". RLH Equity. July 11, 2023. Retrieved February 1, 2023.
  26. "RLH Equity Partners invests in The Chartis Group". Private Equity Wire. June 2, 2013. Retrieved 18 October 2019.
  27. "RLH Equity Partners Completes the Sale of The Chartis Group". PRNewswire. May 7, 2019. Retrieved 18 October 2019.
  28. "RLH Equity Partners Announces Investment in Utegration LLC". PR Newswire. November 10, 2016. Retrieved February 1, 2023.


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