LoneTree Capital announced the final closing of LoneTree I, its inaugural $200 million growth equity fund, bringing total assets under management of LoneTree and its affiliates to $308 million. And LoneTree I saw strong investor demand with capital commitments from a wide range of institutional investors.
Since LoneTree I started investing in 2023, the fund has made several significant investments, including:
1.) Synergy Pet Group, a leading provider of innovative, pet-related employee benefits, tech-enabled services, and veterinary software
2.) Arkatechture, a digital platform providing market-leading data and insights to the broader banking market;
Northern Light, a leading knowledge management solution for competitive intelligence and market research;
3.) AllPaid, a leading provider of municipal payment technology.
LoneTree invests in technology and tech-enabled services companies in high-growth markets. And the firm helps management teams accelerate revenue generation and unlock growth by utilizing LoneTree’s flexible capital, go-to-market operational support, full-time M&A support, access to its network of talent and advisors, and an experience set specifically relevant to owner-operated technology companies looking to scale rapidly with a partner.
The firm is focused on a concentrated approach to portfolio construction, which entails a curated set of companies. This enables the firm to deliver more significant operational value to each organization. Deploying its significant internal resources, network, and extensive experience, the firm helps management teams minimize the execution risks associated with high-growth environments.
KEY QUOTES:
“Flexible capital paired with LoneTree’s intensive, active support around go-to-market execution and talent management is a clear differentiator in the lower-middle market. This approach has already created value for the companies we have backed, and we are pleased it has been so well received by a wide range of investors.”
“We are excited to continue to partner with entrepreneurs and management teams to help them transform their businesses into world-class organizations.”
- Matt Koven, Managing Partner of LoneTree
