Lakewood Capital Group: A Deep Dive into the $10 Billion Investment Firm

Lakewood Capital Group is a private equity firm founded in 1999 by Anthony Davis and David Shapiro. The firm has over $10 billion in assets under management and invests in leveraged buyouts, growth equity, and special situations. Lakewood has a strong track record of investing in healthcare, technology, and financial services companies.

Lakewood Capital Group's Investment Strategy

Lakewood Capital Group's investment strategy is based on the following principles:

• Focus on long-term growth: Lakewood invests in companies with strong growth potential and a sustainable competitive advantage.
• Value investing: Lakewood seeks to invest in companies that are undervalued relative to their intrinsic value.
• Active ownership: Lakewood takes an active role in managing its portfolio companies, working closely with management teams to drive growth and improve performance.

Lakewood Capital Group's Investment Process

Lakewood Capital Group's investment process is rigorous and disciplined. The firm begins by identifying target industries and companies that meet its investment criteria. Lakewood then conducts extensive due diligence on potential investments, including financial analysis, industry research, and management interviews.

Once Lakewood has identified an investment opportunity, it will typically negotiate a detailed investment agreement. Lakewood's investment agreements typically include provisions that give the firm significant control over the company's operations and financial decisions.

Lakewood Capital Group's Track Record

Lakewood Capital Group has a strong track record of investing in successful companies. The firm's portfolio has generated an average annual return of over 20% since its inception. Some of Lakewood's most notable investments include:

• Clear Channel Communications: Lakewood acquired Clear Channel in 2008 for $19 billion. The firm sold Clear Channel in 2014 for $23 billion, generating a profit of over $4 billion.
• Hospital Corporation of America (HCA): Lakewood acquired HCA in 2006 for $33 billion. The firm sold HCA in 2011 for $37 billion, generating a profit of over $4 billion.
• Surgical Care Affiliates: Lakewood acquired Surgical Care Affiliates in 2012 for $2.3 billion. The firm sold Surgical Care Affiliates in 2017 for $3.3 billion, generating a profit of over $1 billion.

Lakewood Capital Group's Team

Lakewood Capital Group is led by a team of experienced investment professionals with expertise in private equity, finance, and operations. The firm's senior management team includes:

• Anthony Davis, Co-Founder and Managing Partner
• David Shapiro, Co-Founder and Managing Partner
• William Howell, Managing Director
• John Madigan, Managing Director
• David Pepper, Managing Director

Lakewood Capital Group's Future

Lakewood Capital Group is well-positioned for continued success. The firm has a strong track record, a proven investment strategy, and a team of experienced professionals. Lakewood is also well-capitalized, with over $10 billion in assets under management.

Lakewood Capital Group is expected to continue to invest in healthcare, technology, and financial services companies. The firm is also expected to consider opportunistic investments in other industries.

Conclusion

Lakewood Capital Group is a leading private equity firm with a strong track record of investing in successful companies. The firm's investment strategy is based on the principles of long-term growth, value investing, and active ownership. Lakewood Capital Group is well-positioned for continued success and is expected to continue to generate strong returns for its investors.

5 Key Takeaways from Lakewood Capital Group

1. Focus on long-term growth: Lakewood invests in companies with strong growth potential and a sustainable competitive advantage.
2. Value investing: Lakewood seeks to invest in companies that are undervalued relative to their intrinsic value.
3. Active ownership: Lakewood takes an active role in managing its portfolio companies, working closely with management teams to drive growth and improve performance.
4. Strong track record: Lakewood has a strong track record of investing in successful companies, generating an average annual return of over 20% since its inception.
5. Well-positioned for continued success: Lakewood is well-capitalized, has a proven investment strategy, and a team of experienced professionals, which positions it well for continued success.

Frequently Asked Questions about Lakewood Capital Group

• What is Lakewood Capital Group? Lakewood Capital Group is a private equity firm that invests in leveraged buyouts, growth equity, and special situations.
• When was Lakewood Capital Group founded? Lakewood Capital Group was founded in 1999.
• How much does Lakewood Capital Group have under management? Lakewood Capital Group has over $10 billion in assets under management.
• What types of companies does Lakewood Capital Group invest in? Lakewood Capital Group invests in healthcare, technology, and financial services companies.
• What is Lakewood Capital Group's investment strategy? Lakewood Capital Group's investment strategy is based on the principles of long-term growth, value investing, and active ownership.

Useful Tables

Table 1: Lakewood Capital Group's Portfolio Companies

Table 2: Lakewood Capital Group's Investment Performance

Table 3: Lakewood Capital Group's Investment Team

Table 4: Lakewood Capital Group's Contact Information