Type | Private Ownership |
---|---|
Industry | Private Equity |
Founded | 1982 |
Founder(s) | Richard Riordan and Chris Lewis |
Headquarters | Los Angeles, California, United States |
Products | Private equity funds, Growth capital |
Website | www.rlhequity.com |
Riordan, Lewis & Haden is a private equity firm based in Los Angeles that focuses on making investments in growing, profitable businesses with $20–200 million in revenue. The firm, which was founded in 1982, currently manages over $400 million in committed capital. Sectors of particular investment interest to the firm include business services, healthcare, and government services.
Contents |
RLH typically invests in businesses which have achieved a compound annual growth rate in revenue and earnings of 20% or greater, with EBITDA ranging from $5 million to $20 million and proven executive leadership. These enterprises are typically seeking between $15 million and $50 million of equity capital for one or more purposes including shareholder liquidity, growth, reducing balance sheet leverage, or recapitalization.
Some of RLH's notable investments include:
The firm was co-founded in 1982 by Chris Lewis and Richard Riordan. From inception through the late 1990s, RLH invested largely the capital of its principals. Based upon the track record compiled during that period, the firm expanded its capital base, starting in 1999 by raising private equity funds from predominantly institutional investors. The firm has raised two such funds, the most recent of which totaled $265 million and had a final closing in early 2007.[7] RLH currently is led by a team of eight investment professionals who collectively have over 100 years of private equity experience, with an average tenure of 11 years at RLH. The firm’s team includes Chris Lewis, Murray Rudin, Michel Glouchevitch, Rob Zielinski, Ken Hubbs, Kevin Cantrell, and Ryan Smiley.
|