LLR Partners
Software-Focused Private Equity Firm
Philadelphia, PA
Category: Emerging Growth
Mark: A
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Profile
LLR Partners is a lower middle market private equity firm focused on investing in software and tech-enabled companies within the knowledge economy. Founded in 1999 and headquartered in Philadelphia, LLR has raised over $7.5 billion across seven funds and has partnered with over 130 companies. LLR believes in creating value through partnership by providing flexible capital, strategic guidance and sector insight to help companies grow every day.
LLR’s Value Creation Team partners closely with its Investment and Market Development Teams, as well as an extensive third-party network, aiming to deliver integrated resources and guidance to portfolio companies. Together, they leverage deep functional expertise to help accelerate growth.
For more information, visit www.llrpartners.com.
Awards
2025 Top Private Equity Firms, Top Growth Equity Firms
2021 Top Private Equity Firms
Funds Raised
| Fund Name | Size | Date |
|---|---|---|
| LLR 7 | $2.45B | 2025 |
| LLR 6 | $1.8B | 2021 |
| LLR 5 | $1.2B | 2018 |
| LLR 4 | $950M | 2014 |
| LLR 3 | $800M | 2008 |
| LLR 2 | $360M | 2004 |
| LLR 1 | $260M | 1999 |
Key Investments
ePayPolicy: Invested August 2025
Sector: FinTech
ePayPolicy provides accounts receivable (“AR”), accounts payable (“AP”) and integrated payment solutions for the insurance industry.
TruTechnologies: Invested May 2025
Sector: Healthcare
TruTechnologies provides real-time clinical trial oversight for pharmaceutical companies, clinical research organizations and research sites.
Nonstop Health: Invested August 2024
Sector: Healthcare Technology
Nonstop Health provides technology-enabled healthcare cost containment solutions for small and medium-sized employers.
Soltis Investment Advisors (“Soltis”): Invested June 2024
Sector: FinTech
Soltis is a Registered Investment Adviser (“RIA”) with more than $11 billion in client assets.
KEEPS: Invested January 2024
Sector: Software
KEEPS provides SaaS solutions, notably revenue management and price optimization, for the automotive service center marketplace.
TurboTenant: Invested January 2024
Sector: Software
TurboTenant provides rental property management software for single-family rental landlords.
Archer: Invested June 2021, acquired by The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK) September 2024
Sector: FinTech
Archer provides middle- and back-office solutions for asset and wealth managers.
Salute: Invested February 2021, partially recapitalized by New Mountain Capital, September 2024
Sector: Industrial Software
Salute provides integrated asset management services for the data center industry.
Suvoda: Invested November 2019 (LLR 5), merged with Greenphire April 2025, invested April 2025 (LLR 7)
Sector: Healthcare
Suvoda provides clinical trial software solutions for pharmaceutical companies and clinical research organizations.
The investments listed represent a select sample of LLR’s recent investments and exits. To view all of LLR’s investments, visit here.
CEO Reviews
Navin Gupta, CEO, Viventium
“The highest compliment I can offer LLR as an operator is this: I would choose to do business with them again and again. It’s not just their thoughtful investment approach and capital expertise, but their ability to craft and support the portfolio company journey through a deep, effective and truly supportive Value Creation Team. Much of Viventium’s success and acceleration is because of the home we have at LLR.”
Erich Sanchack, CEO, Salute
“LLR has been an invaluable partner in our journey. Their support has enabled us to grow both organically and inorganically while maintaining strong EBITDA and delivering year-over-year performance that outpaced market competition on a global scale. Their strategic insight, operational guidance and belief in our vision have been key to positioning Salute as a leader in our industry.”
Gary Nemmers, CEO, Magaya
“The value LLR has brought to Magaya extends far beyond its capital investment. The experience, leadership and knowledge the LLR team brings to the table are truly priceless. LLR has been instrumental in setting Magaya on our current course as a true leader in the digital transformation of the logistics industry.”
Kevin Jones, CEO, Celero Commerce (“Celero”)
“From the inception of Celero, LLR Partners has been a valuable ally, fueling our strong growth journey. The dedication of my immediate LLR team in the boardroom – rigorously testing strategic decisions and providing support through challenging macro-economic periods – has been pivotal. The LLR Value Creation Team has consistently stood ready to provide support in driving success during rapid expansion and critical moments, and the firm’s partners foster a culture of true partnership and relentless pursuit of growth. Choosing LLR was unquestionably the right decision; our success story would not be the same without their unwavering commitment and expertise.”
The portfolio companies and executives referenced are provided as examples of LLR Partners’ past partnerships and are not intended to be a representative sample of all portfolio companies. Any statements made by portfolio company executives are intended to reflect their individual experiences working with LLR Partners in connection with LLR’s role as an investor. LLR did not provide any compensation in exchange for these statements.

