Forstmann Little & Company Investment Firm Overview

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Forstmann Little & Company is a private equity firm that was founded in 1965 by Theodore J. Forstmann.

The firm is headquartered in New York City and has a strong reputation for making strategic investments in a variety of industries.

Forstmann Little & Company focuses on investing in middle-market companies, typically with enterprise values between $100 million and $1 billion.

With over 50 years of experience, the firm has developed a unique approach to investing that emphasizes long-term partnerships with its portfolio companies.

Investment Activities

Forstmann Little & Company has been involved in various investment activities over the years. They have made 1 investment in a company called IMG as part of their Private Equity - II on July 29, 2010.

Their investment portfolio also includes ISP Sports, which they acquired on the same date, July 29, 2010, for an undisclosed valuation of $XXM.

Forstmann Little's investment activities are a testament to their ability to identify and capitalize on opportunities in the market.

Investments

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Forstmann Little Investments has made a total of 1 investment, with their latest being in IMG as part of their Private Equity - II on July 29, 2010.

The investment was a significant one, marking a new venture for the company.

Portfolio Exits

Forstmann Little has one notable portfolio exit. Their latest portfolio exit was IMG on December 18, 2013. Forstmann Little's portfolio exit was a significant event in their investment history.

Acquisitions

Forstmann Little has made a total of 2 acquisitions. Their latest acquisition was ISP Sports on July 29, 2010, with a valuation of $XXM.

This acquisition was made at the investment stage of Private Equity, which is a type of investment that involves buying and selling companies.

The company's total funding for this acquisition is not publicly disclosed.

Fund Information

Forstmann Little & Company has a significant presence in the private equity industry, with a diverse range of funds that have been established over the years.

On a similar theme: Class B Shares Private Company

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The company has a total of 15 funds, including Forstmann Little Equity Fund VII, L.P., which was closed on December 31, 2001, with an amount of $3,000M.

Forstmann Little Equity Fund VII, L.P. was a buyouts and acquisitions fund, indicating that the company's focus was on investing in companies with growth potential.

In addition to Forstmann Little Equity Fund VII, L.P., the company also had other funds that were closed around the same time, such as Forstmann Little Subordinated Debt VIII, L.P. and Forstmann Little Sub Debt & Equity Fund VII, L.P.

Forstmann Little Subordinated Debt VIII, L.P. was a mezzanine (captive) fund, which is a type of private equity fund that provides financing to companies at a higher level than traditional debt.

Forstmann Little Sub Debt & Equity Fund VII, L.P. was also a buyouts and acquisitions fund, similar to Forstmann Little Equity Fund VII, L.P.

Here is a summary of some of the key funds established by Forstmann Little & Company:

The company's funds were established over a period of time, with the earliest fund mentioned being Forstmann Little Equity Fund VI, L.P., which was closed on December 31, 1997, but the amount is not specified due to subscription requirements.

Lillie Skiles

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Lillie Skiles is a rising voice in the world of journalism, known for her in-depth coverage of financial and consumer-related topics. With a keen eye for detail and a passion for storytelling, Lillie has established herself as a trusted source for readers seeking accurate and informative articles. Her writing has been featured in various publications, with notable pieces including an exposé on Wells Fargo's banking issues, which shed light on the company's practices and their impact on customers.

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