Falfurrias Management Partners and Leonard Green’s Sage Fund Back Crosslake via Single-Asset Continuation Vehicle

Flexpoint Ford Closes $460M Single-Asset Continuation Vehicle for SageSure

June 30, 2026

Insurance

Flexpoint Ford has closed a $460 million single-asset continuation vehicle for SageSure LLC, a managing general underwriter focused on catastrophe-exposed property insurance markets. The transaction extends Flexpoint’s ownership while giving existing investors the option to realize liquidity or roll over, and brings Lexington Partners as the lead investor along with participation from Barings and Round2 Investment Partners.

Crosslake Technologies Acquires Lucen Partners

May 28, 2025

Consulting

Crosslake Technologies, a data-driven technology advisory firm backed by Falfurrias Management Partners, has acquired Lucen Partners, a boutique product and software advisory firm. Lucen co-founders Manoj Narayanan and Cynthia Williamson join Crosslake as managing directors to expand Crosslake's product and software value-creation capabilities; terms were not disclosed.

Sage Equity Investors/LGP Lead Single-Asset Continuation Fund for PlayCore (Court Square-backed)

November 24, 2024

Manufacturing

Court Square Capital Partners closed a single-asset continuation fund for PlayCore Group with Sage Equity Investors acting as the sole lead investor and capitalized primarily by funds managed by Leonard Green & Partners. The transaction provided liquidity options for existing investors while allowing PlayCore management to remain significant equity holders and Court Square to continue as the control investor; the new capital will support PlayCore's organic growth and future M&A.

Falfurrias-backed Crosslake Technologies Acquires Renna Partners

January 4, 2022

Professional Services

Crosslake Technologies, a Falfurrias Capital Partners-backed technology advisory platform, has acquired boutique IT advisory firm Renna Partners. The add-on, which closed at the end of December 2021, brings Renna's founding team into Crosslake to deepen its technology advisory bench for private equity clients; terms were not disclosed.

Falfurrias-backed Crosslake Technologies Acquires Corsis

January 19, 2021

IT Services

Falfurrias Capital Partners’ portfolio company Crosslake Technologies has acquired Corsis, a provider of data-powered technology due diligence services. The deal combines Corsis’s TechIndicator library and Confidence Index software with Crosslake’s practitioner-led engineering and technical due diligence capabilities to offer an integrated suite of technology diligence and post-investment transformation services to private equity clients.

Falfurrias Capital Partners Invests in Crosslake Technologies

January 7, 2021

IT Services

Charlotte-based private equity firm Falfurrias Capital Partners has made an investment in Crosslake Technologies, a provider of technical due diligence and technology value-creation services. The investment will include Falfurrias executives joining Crosslake's board and is intended to help Crosslake extend its capabilities organically and via acquisitions to better serve private equity and portfolio company clients.