We’re excited to share some of the recent highlights from LMP’s investment activity this year. We’ve had a busy and productive first half of the year, marked by two new platform investments including a recapitalization, strategic add-ons, and a successful exit. This level of activity reflects our continued focus on driving steady, long-term growth across our portfolio and delivering strong returns for our investors despite current challenges in the realization environment.
Our strategy centers on collaborating closely with founders and leadership teams to accelerate value creation through organic growth and strategic acquisitions, positioning their businesses for long-term, sustainable success. With strong momentum in H1, we look forward to what the rest of the year holds!
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PLATFORM INVESTMENTS /ADD-ON ACQUISITIONS(1)
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PORTFOLIO COMPANY
REALIZATION
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ACTIVE PORTFOLIO
COMPANIES
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NEW ADVISORY COUNCIL MEMBERS /
NEW LMP TEAM MEMBERS
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BABIES, WEDDINGS, ENGAGEMENTS
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$5.5B+ Committed Capital Since Inception(2)
$1.5B+ Coinvest Capital Raised Since Inception
50+ Portfolio Companies Since Inception
220+ Add-On Acquisitions Since Inception
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PORTFOLIO COMPANY COMMENTARY(3)
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“Our philosophy around a sound business model, management team, and capital structure is critical as our organization and the market continues to mature. LMP has been a tremendous partner over the past five years who intimately understands the financial services and payments landscape.”
– Greg Cohen, CEO, Fortis
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“We saw the alignment with the team at LMP right out of the gate with our foundational principles of great people first, teamwork, adaptability and optimism, and competitive spirit and courage.”
– Chris Bellamy, CEO, Cohen & Co.
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“By partnering with Lovell Minnick Partners, we’re transforming what was previously a family-run and entrepreneurial-run business by bringing in an institutional partner to help us create a scalable platform.”
– Jason Fertitta, CEO, Americana Partners
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1H 2025 PORTFOLIO COMPANY PLATFORMS
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2 Platform Investments including 1 Recapitalization
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Click here to learn more.
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Click here to learn more.
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1H 2025 PORTFOLIO COMPANY ADD ONS
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11 Portfolio Company Add-ons
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Americana Partners acquired:
- Boulevard Family Wealth
- Teams from Morgan Stanley
- Palmer Moldawer
- Mark Monroe
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Cohen & Co. acquired:
- Tax & Wealth Management
- Tassi & Co.
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Inside Real Estate acquired:
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Net at Work acquired:
- Advanced Solutions Consulting
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Warner Pacific acquired:
- Black, Gould & Associates Inc.
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1H 2025 PORTFOLIO COMPANY REALIZATIONS
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1 Portfolio Company Realization
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Our Partners' Perspectives in the Media
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We’ve enjoyed sharing our insights, perspectives and news with industry leading publications:
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In February, LMP was named a recipient of BluWave’s 2025 Top Private Equity Innovator Awards for the third year in a row!(4) This award recognizes the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship practices.
Read more about the recognition here.
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In January 2025, we announced the promotions of JP Marquess to Principal and Bill Lucas to Vice President. These well-deserved promotions reflect not only their outstanding personal achievements but also LMP's culture and commitment to professional development and talent retention. The two of them have grown within our organization, contributing meaningfully to our success and we're excited to see them continue to thrive and lead in their new roles.
In May 2025, we were excited to welcome Katelyn Focella to our Investor Relations team in a Senior Associate role. Katelyn brings a wealth of experience from her prior role at a placement agent supporting fundraising efforts.
During the summer, Matt Friday joined LMP as an Investment Team Associate and Mia Horne will also be joining the Investment Team as an Associate. They both come from a background in Investment Banking prior to joining LMP.
This year, we welcomed Andrew Ramos, Andrew Ralich, Jesse Johnson, Padman Perumal, and Steve Braverman to LMP's Advisory Council, adding fresh perspectives and deep industry know-how to help us navigate the evolving landscapes of financial services, fintech, and business services.
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*Advisory Council Members are independent contractors that are advisors to Lovell Minnick Partners and portfolio companies of Lovell Minnick. They are not employees of Lovell Minnick entities.
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Portfolio Company Highlights
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Read on for some of this year's highlights from select portfolio companies:
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In May 2025, LMP hosted its Executive Summit in Half Moon Bay, California. Senior executives from LMP’s portfolio, the LMP team, and Advisory Council gathered to share best practices on key business priorities, including investment strategy, sourcing & value creation, AI capabilities, cybersecurity, human capital management, offshoring, and the political climate, through a series of presentations, panels, and interactive roundtables.
Click here to see more.
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Our team was thrilled to gather in California for our 2025 LMP Team Offsite which included an action-packed first day of team activities, with the focus on the second day shifting to strategic presentations and interactive roundtables delving deeper into our processes, value creation playbook, AI, and more.
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New York, February 2025
- Topic: Personal Wealth Management
- Panelists: Executives from Moonfare & Pathstone
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New York, April 2025
- Topic: Continuation Vehicles
- Panelists: SRS Deal Team & Evercore Private Capital Advisory
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London, April 2025
- Topic: Personal Wealth Management
- Panelists: Executives from Moonfare & W1M
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At our recent CHRO Forum in New York, we brought together senior HR leaders from across our portfolio to connect, collaborate, and align on the people strategies that drive value creation. Click here to see more.
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Support in Our Communities
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Each year we host our annual LMPhilanthropy Day, with our team volunteering in our local communities: mentoring students at City Squash in New York City and volunteering at Chester County Food Bank planting, harvesting, and weeding at their Springton Manor Farm in Philadelphia.
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Lovell Minnick Partners (“LMP”) invests in growth-oriented companies. We partner with founders and leadership teams to accelerate value creation through organic growth and strategic acquisitions, positioning their businesses for long-term, sustainable success.
Along with our deep sector and operating experience, we leverage a robust network of Advisory Council members, management teams, and industry riverguides that provide functional and vertical expertise to support sourcing, diligence, and our value creation process.
Since our inception in 1999, we have raised over $5.5+ billion of committed capital, invested in over 50 companies and completed over 220 add-on acquisitions. LMP invests in growth-oriented, middle-market companies in the financial services, financial technology and business services sectors.
We'd be glad to talk with you further about our business or the industry. You can contact us here.
For more information on our firm and our strategy, please visit www.LMPartners.com.
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Endnotes and Important Disclosures
- Including one existing portfolio company recapitalization.
- Includes $1.5B+ of co-invest capital as of 3/31/25.
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Chris Bellamy, Greg Cohen, and Jason Fertitta are the CEOs at Cohen & Co., Fortis, and Americana Partners (“Americana”) Fund VI portfolio companies respectively. The quoted portfolio company executives did not receive any compensation or other benefit in exchange for providing such statements, although they receive compensation in connection with their roles as portfolio company executives. They are not current advisory clients of Lovell Minnick, but Mr. Cohen is an investor in a fund sponsored by Lovell Minnick. While Lovell Minnick does not believe this creates a conflict of interest, their relationship with Lovell Minnick has the potential to create a conflict of interest or otherwise influence the statements made by them about Lovell Minnick.
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The BluWave Top Private Equity Innovator Awards recognize the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship practices. The 2023, 2024 and 2025 awards were released on 2/15/2023, 2/21/24, and 2/25/2025 respectively. Recipients were selected through a rigorous assessment in consultation with leading limited partners, investment bankers, and other thought leaders in the private equity ecosystem. BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms evaluated or recognized under the Top Private Equity Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. However, BluWave may otherwise provide services to the PE firms and/or their portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave’s review of the more than 6,000 PE firms in the U.S. and Canada from which the 103 PE firms were selected as award recipients. For more information about the selection criteria and process, please visit: www.bluwave.net/awards.
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Except where otherwise noted, figures presented herein are current through 6/30/25.
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The information in this newsletter should be held in strict confidence and not copied, shared or distributed to any third party without the express prior written consent of Lovell Minnick.
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Inclusions on lists, rankings or awards may not be representative of a particular investor’s experience or Lovell Minnick’s or its Funds’ future performance, and there is no guarantee that similar rankings or awards will be obtained by Lovell Minnick in the future.
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The content of this newsletter is for general, informational purposes. This newsletter is not an offer to sell nor a solicitation of an offer to purchase interests in any fund sponsored by Lovell Minnick or its affiliates. Offers and sales will be made only pursuant to confidential private placement memoranda, complete documentation of the relevant vehicle and in accordance with applicable securities laws.
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This newsletter includes information regarding Lovell Minnick Partners’ past and present portfolio companies, including the opinions of past and present Lovell Minnick and portfolio company personnel regarding Lovell Minnick’s partnering capabilities which are intended to be viewed by potential portfolio company executives. It should not be assumed that investments made in the future will be comparable in quality or performance to the investments described herein. Further, references to Lovell Minnick Partners’ past and present portfolio companies should not be construed as a recommendation of any particular investment or security. The portfolio companies listed should not be assumed to have been profitable. Any past performance information in the newsletter is not necessarily indicative, or a guarantee, of future results.
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The portfolio companies represented in this newsletter were chosen to illustrate Lovell Minnick’s investment experience and the processes and approaches used by Lovell Minnick in the past with respect to its portfolio companies and investment funds and does not purport to be a full list of investments by Lovell Minnick funds. A complete list of portfolio companies is available on Lovell Minnick’s website (www.LMPartners.com).
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Investments in private equity funds such as the Lovell Minnick funds are speculative and involve substantial risk of loss. No assurance can be given that a fund will achieve its investment objectives or avoid substantial losses. Information about any Lovell Minnick fund and investments made by such fund, including past performance of such funds and investments, is provided solely to illustrate Lovell Minnick’s investment experience, and processes and strategies used by Lovell Minnick in the past with respect to such funds. The performance information relating to Lovell Minnick’s previous investments is not intended to be indicative of a fund’s future results. Past performance is not necessarily indicative, or a guarantee, of future results. There can be no assurance that a fund will achieve comparable results as those presented or that investors in a fund will not lose any of their invested capital. Under no circumstances should these videos be construed as an offer to sell, or a solicitation to buy, any security or as opinions regarding the provision of investment advisory services by Lovell Minnick.
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These disclosures apply only to this newsletter and not to other websites that may be accessible from the newsletter and Lovell Minnick shall not be responsible for the content of any third-party website accessible from this newsletter. If you access any third-party website through this newsletter, you do so at your own risk, and we encourage you to review the privacy policies and user agreements of all other websites that you visit as such policies and agreements will govern your use of those websites.
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Copyright © 2025 Lovell Minnick Partners All rights reserved.
Our Offices:
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