CNL Strategic Capital Grows Its Portfolio with Investment in Sixteenth Company
18 Julio 2024 - 3:21PM
CNL Strategic Capital, LLC has closed on an approximately $29.5
million investment in its 16th portfolio company, Madison
Retirement Holdings TopCo, LLC (MAP).
MAP is a third-party administrator of retirement plans. Serving
small and mid-sized businesses across all 50 states, MAP provides
customers with plan design and implementation, plan administration,
compliance, fiduciary services and customized support to
approximately 3,700 plans and 200,000 participants. Established in
1993, MAP has over 100 employees and is headquartered in Appleton,
Wisconsin.
About CNL Strategic Capital CNL Strategic Capital is a
publicly registered, non-traded limited liability company that
seeks to provide current income and long-term appreciation to
individuals by acquiring controlling equity stakes in combination
with loan positions in durable and growing middle-market
businesses. The company is externally managed by CNL Strategic
Capital Management, LLC and Levine Leichtman Strategic Capital, LLC
(LLSC). For additional information, please visit
cnlstrategiccapital.com.
About CNL Financial GroupCNL Financial Group (CNL) is a
leading private investment management firm providing alternative
investment opportunities. Since inception in 1973, CNL and/or its
affiliates have formed or acquired companies with more than $36
billion in assets. CNL is headquartered in Orlando, Florida. For
additional information, please visit cnl.com.
About Levine Leichtman Strategic
CapitalLLSC is an affiliate of Levine Leichtman Capital
Partners, LLC (LLCP), a middle-market private equity firm with a
40-year track record of investing across various targeted sectors,
including Franchising & Multi-unit, Business Services,
Education & Training and Engineered Products &
Manufacturing. LLCP utilizes a differentiated Structured Private
Equity investment strategy, combining debt and equity capital
investments in portfolio companies. LLCP believes that by investing
in a combination of debt and equity securities, it offers
management teams growth capital in a highly tailored, flexible
investment structure that can be a more attractive alternative than
traditional private equity.
LLCP’s global team of dedicated investment professionals is led
by ten partners who have worked at LLCP for an average of 19 years.
Since inception, LLCP has managed approximately $14.8 billion of
institutional capital across 15 investment funds and has invested
in over 100 portfolio companies. LLCP currently manages $10.2
billion of assets and has offices in Los Angeles, New York,
Chicago, Miami, London, Stockholm, Amsterdam and Frankfurt. For
additional information, please visit llcp.com.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy securities. The information
in this press release may include “forward-looking statements.”
These statements are based on the beliefs and assumptions of CNL
Strategic Capital’s management and on the information currently
available to management at the time of such statements.
Forward-looking statements generally can be identified by the words
“believes,” “expects,” “will,” “intends,” “plans,” “estimates” or
similar expressions that indicate future events. Forward-looking
statements are subject to substantial risks and uncertainties, many
of which are difficult to predict and are generally beyond CNL
Strategic Capital’s control. Important risks, uncertainties and
factors that could cause actual results to differ materially from
those in the forward-looking statements include the risks
associated with the Company’s ability to pay distributions and the
sources of such distribution payments, the Company’s ability to
locate and make suitable investments and other risks
described in the “Risk Factors” section of the Company’s
Annual Report on Form 10-K and the other documents filed by the
Company with the Securities and Exchange Commission.
Colleen Johnson
Senior Vice President
Marketing and Communications
CNL Financial Group
407-650-1223