LOS ANGELES and NEW YORK, October 17, 2022 /PRNewswire/ — Freeman Spogli & Co. (“Freeman Spogli”) is pleased to announce its recognition by being nominated for the second consecutive year in the annual Inc. Investors who are friends of the founders list, honoring private equity and venture capital firms with a track record of success supporting entrepreneurs.
The 2022 list of Investor Friends of the Founders of Inc. recognizes Freeman Spogli as one of a select group of companies that entrepreneurs partner with and trust because they receive the strategic and financial support they need to drive growth.
“To fully invest in an entrepreneur, and their innovative vision, involves much more than financial investment. By developing relationships with entrepreneurs and supporting them over the long term, these private equity firms are more than investors, they are partners,” says Scott Omelianukeditor of Inc. media.
John Hwangpartner at Freeman Spogli, said: “About half of our investments and partnerships in our recent funds have been made to support founder-owned or founder-led companies. Our team greatly appreciates the trust that these founders and families have placed in us as we partner together to pursue their long-term growth plans for their businesses.”
With offices at Los Angeles and New York, Freeman Spogli is committed to investing alongside the founders and management teams exclusively in ETIs in the consumer and retail sectors. Since its creation in 1983, Freeman Spogli has invested over $5.5 billion across 69 portfolio companies with an aggregate transaction value of more than $27 billion and made more than 145 add-on acquisitions with its portfolio companies.
Chris JohnsonPartner at Freeman Spogli, added, “Our focus and experience with consumer and retail companies provides us with unique insights, perspectives and resources, and we believe our specialization in these areas is one of the key differentiators. of our business. Additionally, we take a long-term approach to the time and investment required to create value, while being sensitive to the unique cultures that underpin these organizations.”
Some examples of investments in platforms where Freeman Spogli has partnered with founders include Near U (provider of essential household services including HVAC, plumbing and electrical services), EverVet (operates a leading network of general practice veterinary hospitals), WhiteWater Express (express washing multi-state operator), Brooklyn (#1 direct-to-consumer brand in the home essentials category), USME (leader in value-added distribution and rental and associated services of critical mobile medical equipment), Easy Ice (national leader in full-service ice machine subscriptions), Kamps pallets (national provider of pallet management services), HRC Health (patient-centered operator of urgent care centers), City BBQ (fast casual restaurant company focused on authentic “smoker-to-table” barbecue), Arhaus (omnichannel lifestyle distributor of exclusive designer furniture), Floor and decor (leader in the omnichannel distribution of hard floors), Basic Physical Condition PF (first franchisee of Planet Fitness fitness clubs), Osprey (iconic active lifestyle brand and world leader in technical packs), Paradise (operator of convenience stores at the airport), boot barn (leading omnichannel retailer of workwear and workwear) and Advanced auto parts (specialized distributor of automotive parts and accessories).
The Freeman Spogli team is supported by a network of strategic operating partners with extensive networks and industry and domain expertise relevant to our market segment.
The October 2022 issue of Inc. magazine is now available online at https://www.inc.com/magazine and at newsstands.
The World’s Most Trusted Business Media Brand, Inc. gives entrepreneurs the knowledge, tools, connections and community they need to build great businesses. Its award-winning cross-platform content reaches over 50 million people every month across a variety of channels, including websites, newsletters, social media, podcasts and print. Its prestigious Inc. 5000 list, produced annually since 1982, analyzes company data to recognize the fastest growing private companies in United States. The global recognition that comes with inclusion in the 5000 gives founders of top companies the opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information visit www.inc.com.
About Freeman Spogli
Freeman Spogli & Co. is a private equity firm dedicated exclusively to investing in and partnering with the management of consumer and retail companies in United States. Since its creation in 1983, Freeman Spogli has invested over $5.5 billion across 69 portfolio companies with an aggregate transaction value of more than $27 billion and made more than 145 add-on acquisitions with its portfolio companies. Freeman Spogli currently invests with FS Equity Partners VIII, LP and has offices in Los Angeles and New York. For more information, please visit www.freemanspogli.com.
SOURCEFreeman Spogli & Co.