Tracked deals
15
15 tracked deals across 2016-2025.
Los Angeles, California, United States
Brentwood Associates is a Los Angeles-based private equity investment firm focused on middle-market, growth-oriented consumer and business services companies. Since 1984, it has invested in over 50 portfolio companies with an aggregate transaction value of over $6 billion, combining investing expertise with brand-building capabilities.
Tracked deals
15
15 tracked deals across 2016-2025.
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Growth capital
5 growth capital · 4 buyout · 3 addon
Last 6 years
Supporting Data
Showing the 12 most recent of 15 tracked deals for Brentwood Associates.
Brentwood Associates partnered with Tenex Capital Management to complete an equity recapitalization of Perennial Services Group. Perennial’s management team, led by CEO Jon Allen, reinvested and will remain significant shareholders. The transaction closed on December 23, 2025.
Brentwood Associates closed an oversubscribed $410 million single-asset continuation fund to support the growth of Watermill Express. The continuation fund is primarily backed by **Hollyport Capital**, with **Pantheon** and **Portfolio Advisors** co-leading; Brentwood remains invested and is also investing through its Fund VII to support Watermill's next phase of expansion.
Brentwood Associates and Sixth Street completed a significant growth investment in Far West Services, a Costa Mesa–headquartered franchisee operating over 100 Wingstop restaurants across the western United States. The investment was made alongside Far West’s existing management team, who will remain significant shareholders as the company pursues continued expansion through new openings and strategic acquisitions.
Brentwood Associates has acquired a majority interest in Hissho Sushi, partnering with Continental Grain Company and co-investors Portfolio Advisors, LLC and Pine Mountain Ventures. The transaction, which buys ownership from Jeff Vinik, Ingleside Investors, founder Philip Maung, Beem Holdings and management, will keep the existing management team in place to drive further growth across Hissho's >2,000 distribution points nationwide.
Brentwood Associates has made a strategic growth investment in Pacifica Beauty and joined with the company to accelerate its omnichannel and international expansion. The investment coincides with the appointment of Nathalie Kristo as CEO and a leadership reorganization intended to scale the brand’s DTC, retail, and global distribution efforts.
Afterburn Holdings, a Brentwood-backed Orangetheory Fitness franchisee, acquired the Washington state area representative including 18 owned studios, 13 sub-franchised studios and area development rights. Brentwood Associates partnered with Garnett Station Partners to finance the transaction and will continue supporting Afterburn's expansion into the Pacific Northwest.
Brentwood Associates has made a significant growth-oriented investment in Service Management Group (SMG) to accelerate product innovation, expand the company's market presence, and support its software-with-a-service (SwaS) model. As part of the transaction SMG appointed Davin Cushman as CEO and founder Andy Fromm transitioned to a passive investor role.
Brentwood Associates made a growth equity investment in L-Nutra, a Los Angeles-based nutrition technology company known for its ProLon Fasting Mimicking Diet, Fast Bar, and Nutrition for Longevity meal-delivery program. The investment will support L-Nutra's rapid expansion, strengthen infrastructure, and accelerate its consumer nutrition and longevity-focused product offerings.
Los Angeles-based private equity firm Brentwood Associates acquired majority control of Watermill Express, the national operator and franchisor of drive-up water and ice refill stations. Founders Lani and Don Dolifka retain a significant minority stake; Brentwood intends to support expansion of the company's footprint and mission, and a multimillion-dollar charitable fund will be established to support underserved communities.
Brentwood Associates has recapitalized MedBridge, a SaaS provider of patient engagement and clinical education solutions, with LLR Partners and senior management retaining significant minority stakes. The investment will fund continued organic growth, support future acquisitions, and enable expansion into additional healthcare specialties and care settings.
Brentwood Associates has made a strategic minority investment in Snooze, the Denver-based breakfast and brunch restaurant chain, joining existing investors Stripes and Alliance Consumer Growth. The undisclosed deal adds Brentwood partner Rahul Aggarwal to Snooze's board and aims to fund nationwide expansion of the 44-unit concept.
Brentwood Associates has acquired Parchment Inc., a digital credential management platform, and will merge it with Credentials Solutions (a Brentwood portfolio company) under the Parchment brand. The combined organization will serve an integrated network of over 13,000 schools, universities and professional organizations and focus on modernizing exchange of verifiable academic and professional credentials.
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