Leonard Green & Partners
Leonard Green & Partners | Private Equity Firm
Leonard Green & Partners is a large private equity firm based in Los Angeles, California. Leonard Green & Partners was estimated to hold $9 billions in profits at the end of 2007. The firm has formed multiple private equity funds that raised more than $1 billion in private investment. Leonard Green & Partners has carved a niche for itself by investing in large and mid-market retail companies like Petco, Big Five and the Container Store.The most recent and very high-profile investment is the purchase of a 17% stake in Whole Foods Market. Announced on November 5, 2008, Leonard Green & Partners' affiliate fund Green Equity Investors injected a large amount of capital into the struggling grocery chain.
Resource 1# Green Equity Investors Purchases 17% Share of Whole Foods
A private equity firm is buying a 17 percent stake in Whole Foods Market, a much-needed vote of confidence for a chain that is being battered by increased competition and a weak economy.The news came as the company announced a huge drop in fourth-quarter earnings amid sputtering sales.
Under the terms of the agreement, Green Equity Investors, an affiliate of Los Angeles-based Leonard Green & Partners, will invest $425 million in the company.
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