L2 Capital Partners Acquires Jurassic Quest Holdings

Capitala Group Exits Jurassic Quest

October 16, 2023

Media & Entertainment

Capitala Group announced a successful exit from its investment in Jurassic Quest Holdings, LLC, a traveling family event business based outside Houston, Texas. Capitala first invested in May 2019 and said the partnership helped advance Jurassic Quest's growth; the press release did not disclose the buyer or transaction terms.

L2 Capital's Family Quest Acquires Open World; Farragut Backs Family Quest with Debt and Equity

July 31, 2023

Media & Entertainment

L2 Capital's portfolio company Family Quest (the operator of Jurassic Quest) acquired Open World, Inc., the touring operator behind Brick Fest Live, to expand its family-entertainment touring platform. Farragut Capital Partners provided subordinated debt and equity to Family Quest to support the acquisition and refinance the company's existing debt, with Oxer Capital and Salem Investment Partners co-investing.

L2 Capital Acquires Kosmos Q

May 3, 2024

Food & Beverage

L2 Capital completed the acquisition of Kosmos Q, a premium barbecue brand founded by Darian Khosravi, and appointed Scott Jensen as CEO. Oxer Capital Partners and Salem Investment Partners provided debt financing and co-invested; Generational Equity advised the seller. Terms were not disclosed.

Mercer Advisors Acquires Quest Capital Management, Inc.

September 29, 2021

Wealth Management

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Quest Capital Management, Inc., a Dallas-based wealth management firm with approximately $1.5 billion in AUM serving about 660 clients. The six Quest shareholders and seventeen staff members will join Mercer as the firm expands its Texas footprint and access to Mercer’s family office, tax and back-office capabilities.

Clearlake Capital Completes Acquisition of Quest Software from Francisco Partners

February 2, 2022

Cybersecurity

Clearlake Capital Group completed its acquisition of Quest Software from Francisco Partners, making Clearlake the majority shareholder and partnering with Quest’s existing management team to pursue a buy-and-build strategy. The investment aims to accelerate Quest’s cloud/SaaS adoption, expand its identity-centric cybersecurity, data intelligence, and IT operations management offerings, and drive growth organically and through M&A.

L Catterton Acquires TAXA Outdoors; RX3 Growth Partners Invests Alongside

March 8, 2022

Consumer Products

The Growth Fund of L Catterton has acquired TAXA Outdoors, a Houston-based maker of lightweight mobile habitats for outdoor adventure. RX3 Growth Partners is investing alongside L Catterton to help TAXA broaden distribution and expand its product offerings; terms were not disclosed.