Lee Equity Partners Closes $1.6B Recapitalization of McLarens Global Limited

Carisk Partners Recapitalizes with Lee Equity Partners and Elements Health Investors

December 4, 2023

Healthcare Services

Carisk Partners, a Miami-based specialty risk transfer and care coordination company focused on the workers' compensation market, completed a recapitalization led by Lee Equity Partners and Elements Health Investors. The transaction (previous sponsor MBF Healthcare Partners) will fund Carisk's expansion and investments in products and services to strengthen its care coordination and value-based clinical offerings.

McLarens Acquires MGB Claims Consultants Inc.

August 3, 2021

Insurance

McLarens has acquired MGB Claims Consultants Inc., a Toronto-based commercial claims adjusting firm, purchasing 100% of the company's equity. The deal expands McLarens' loss adjusting capabilities and North American market presence, while MGB's founding principals will continue to manage the business under the MGB brand.

Clearlake, Charlesbank and Fortress Lead Recapitalization of LEARFIELD

September 13, 2023

Media & Entertainment

LEARFIELD closed a comprehensive deleveraging and recapitalization transaction that reduced its outstanding debt by over $600 million and secured $150 million of new equity. The company's majority ownership is now comprised of lead capital providers Clearlake Capital Group, Charlesbank Capital Partners, and funds managed by affiliates of Fortress Investment Group, strengthening LEARFIELD’s balance sheet and funding continued growth across its media and technology businesses serving college athletics.

Lee Equity Partners Majority Investment in Cooper Parry

December 10, 2024

Professional Services

Funds managed by New York-based Lee Equity Partners will take a majority stake in UK accountancy and business advisory firm Cooper Parry, succeeding Waterland Private Equity as the firm's capital partner. The investment will provide financing to accelerate Cooper Parry's organic growth and M&A-led expansion as it builds a next‑generation professional services platform; the deal is expected to close in H1 2025 subject to regulatory approvals.

Lee Equity Partners Makes Majority Investment in PCS Retirement

March 4, 2024

Financial Services

Lee Equity Partners has acquired a majority interest in PCS Retirement, a Philadelphia-based retirement plan recordkeeper; as part of the transaction, prior investor LLR Partners will exit and Scott David will join PCS as CEO. The investment is intended to accelerate new business sales, expand relationships, enhance digital and service capabilities, and support PCS's M&A strategy; terms were not disclosed.

Leeds Equity and Investors Complete >$1B Recapitalization of Exterro

July 26, 2022

Software

Exterro completed a strategic recapitalization valuing the Legal GRC software provider at more than $1 billion. The transaction was led by existing sponsor Leeds Equity Partners alongside a continuation vehicle co-led by Coller Capital and Glendower Capital with significant participation from Exterro management; proceeds will fund M&A, product development and geographic expansion of Exterro's Legal GRC portfolio.