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

L2 Capital Partners Acquires Jurassic Quest Holdings

May 22, 2019

Media & Entertainment

L2 Capital Partners has acquired Jurassic Quest Holdings, a leading family entertainment company that produces large-scale interactive dinosaur-themed touring events. Capitala Group provided senior secured debt and co-invested to support the transaction; Jurassic Quest is based outside Houston, Texas, employs roughly 100 full-time staff, and attracts over 1 million attendees annually. Terms were not disclosed.

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 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.

LDC Backs Zip World with Minority Investment

January 7, 2019

Restaurants & Hospitality

LDC has taken a significant minority stake in Zip World, the North Wales-based outdoor adventure operator, in a deal that values the business at £45 million. The investment will fund Zip World's growth plans to add new attractions at its existing Snowdonia sites and expand the adventure concept across the UK as the business aims to double in size over the next three years.

L2 Capital Partners Recapitalizes YakAttack

December 8, 2021

Consumer Products

L2 Capital Partners recapitalized YakAttack, a vertically integrated designer and U.S. manufacturer of kayak fishing accessories headquartered in Farmville, Virginia. Salem Investment Partners and Oxer Capital provided debt financing and co-invested; terms were not disclosed. L2 said it will partner with founder Luther Cifers and management to expand product development, sales channels and distribution.

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.