DFX Intelligence
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L• M••••••••• C••••••
Buyout firmClassification confirmedLower middle marketSEC exempt reporting adviser· Devon, PAl••••••••.net
Buyout firm, based in Devon, PA.
Composed from this firm's filed classification and location. It has no published description on record.
As of · identity and classification; each section below carries its own date
- Regulatory AUM
- Not established
- PE fund assets
- $138M
- PE funds
- 5
- Investments held
- 8 of 14
- Deals, last 12 months
- Not established
Form ADV
Form ADV
DFX transaction tape
As of · identity and classification; each section below carries its own date
Why this matters
- EBITDA $4.0M to $15.0MRevenue $15.0M to $150M
- Graphs 1
- Placement agents 2
Classification
How this organization is classified, and on what basisBuyout firm · 1 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- R6: 5 of 5 distinct vehicles are sworn Private Equity Funds; 5 reported gross assets on a filing in 2022 or later
- Size band
- Lower middle marketdefined by: proxy: $0.14bn Private Equity Fund GAV on the Form ADV filed 2024-03-29
Classification history (1)
- Sep 13, 2026Buyout firm (confirmed, 85%, cls-pe-1)R6: 5 of 5 distinct vehicles are sworn Private Equity Funds; 5 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)
- Adviser type
- exempt reporting adviser
- Form ADV filings
- Jun 27, 2022 to Jul 28, 2026
- RAUM
- unknownregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 5
- PE fund GAV, latest filing
- $138Mreported gross assets (Form ADV), not fund size
- All private fund GAV
- $101Mevery private fund type, latest filing
- 2024 PE fund GAV
- $138Msum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- filed 2024-03-29, latest gav Private Equity Fund $138M, latest counts Private Equity Fund 5, lifetime distinct Private Equity Fund 5
- Employees
- unknown
- Headquarters
- Devon, PA
- Office address
- ••• Locked
- Business phone
- ••• Locked
Stated criteria beside observed behaviour
14 observed deals
Stated by the firm
- Sectors
- not stated or not yet read
- Geography
- not stated or not yet read
- Revenue
- $15.0M to $150M
- EBITDA
- $4.0M to $15.0M
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- ••• Locked
Observed from deals on record
- roles
- unknown 14
- period
- to 2023-01-01, from 2011-01-01, undated holdings 0, dated observations 14
- window
- last unknown, first unknown
- control
- unknown 14
- companies
- 14
- geography
- count 1, share 0.071, value NY
- investments
- 14
- seller kinds
- transactions
- 0
- cadence by year
- platform add on
- add ons 0, platforms 0, add ons per platform unknown
- sector known for
- 3
- disclosed value usd
- n 0
- sector distribution
- count 1, share 0.071, value media telecom, examples iFranchise / TopFire Media, count 1, share 0.071, value industrial services, examples Ecotone, count 1, share 0.071, value industrial manufacturing, examples LSC Environmental Products LLC
- holding period years
- n 0
- repeat counterparties
- subsector distribution
- count 1, share 0.071, value media telecom, examples iFranchise / TopFire Media, count 1, share 0.071, value remediation environmental, examples Ecotone, count 1, share 0.071, value textile products, examples LSC Environmental Products LLC
14 companies on the graph (0 transactions); most in media telecom (1); observed 2011 to 2023
Funds
5 on record
| Fund | Vehicle | Vintage | Reported gross assets (Form ADV), not fund size | GAV by year | Form D sold | Lifecycle |
|---|---|---|---|---|---|---|
| L• F••••• Q•••• I••••••••• L•• ADV: Private Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $33.9M as of Mar 29, 2024 | no Form D | Unknown | |
| L• D•••• I••••••••• L•• ADV: Private Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $33.8M as of Mar 29, 2024 | no Form D | Unknown | |
| L• E•••••••• I••••••••• L•• ADV: Private Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $7.4M as of Mar 29, 2024 | no Form D | Unknown | |
| L• O•••• I••••••••• L•• ADV: Private Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $5.7M as of Mar 29, 2024 | no Form D | Unknown | |
| L• C•••••• F••• I••• L• ADV: Private Equity Fund | buyout or unlabelled | unknown | $57.2M as of Mar 29, 2024 | no Form D | Early deployment |
Team
24 current, 0 former
Managing partner (2)
- B•• L••••• · Founder & Managing Partner · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- R••••• G•••• L••••• · Managing Partner · since Dec 1, 2021 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
Partner (4)
- C••••• M• M•••••• · Member · since Jan 1, 2015 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
- L•••• C•••••• W•••• · Member · since Apr 1, 2022 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
- M••• K•••• · Partner · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- P•••• B••••••••• · Shareholder · since Mar 1, 2011 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
Vice president (1)
- J••••• S•••• · Senior Associate · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Associate (1)
- H••••••• D• L•••• · Associate · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Board or advisory (10)
- A••••• L••••• · Board Member, F••••• Q•••• E••••••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- C•••••••• H•••••• · Board Member, R••• D••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- C••••• M• M•••••• · Investment Committee, Board Member, Special Advisor · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- G••••• K•••• · Board Member, E•••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- J• P•••••• G••••••• · Board Member, iFranchise Group · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- M••• K•••• · Board Member, Y•••••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- M••• S•••••• · Board Member, Y•••••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- M•••• F•••••• · Board Member, K•••••Q · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- R•• W••••• · Board Member, Full Spectrum Franchise · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- T••••• T•••••• · Board Member, R•••••• Sports S••••••s · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Platform (4)
- D•••• L• C•••• · Strategic Advisor - T••••• S•••••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- M••• M•••••••• · Board Member, O•••• T••••• · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- S•••• B•••• · CFO S••••••s · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- S•••••• G•••••• · Operations Manager · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Other (2)
- L•••• C•••••• W•••• · Senior Advisor · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- P•••• B••••••••• · Senior Advisor · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Portfolio
14 relationships, 0 platforms, 0 add-ons
Transactions
0 on record
No transaction naming this firm has been collected yet. The deal tape is read from SEC filings and cited announcements.
Placement agents, lenders, advisers and co-investors
2 relationships
Placement agents (2)
- I•••••• C•••••• L•• 1 shared · one time · last Jan 1, 2023
- S••••••••• D•••• S••••••••• L•• 1 shared · one time · last Jan 1, 2022
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
4 most recent
- Jan 16, 2025••• Locked
- Jul 11, 2024••• Locked
- May 1, 2024••• Locked
- Jun 27, 2022••• Locked
Across the graphs
L• M••••••••• C•••••• is the same institution as 1 record in Independent Sponsors.
Independent Sponsors1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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