LLR Hires David Siegel

Establishes Washington, D.C. presence

PHILADELPHIA--(BUSINESS WIRE)--LLR Partners (“LLR”), a leading middle market private equity firm, announced it will be expanding into the Washington, D.C. market with the hiring of David Siegel. Siegel joins LLR as a Director of Business Development and will be primarily responsible for sourcing and evaluating investment opportunities from Baltimore to Richmond. He will be based in Washington, D.C.

“D.C. Metro is home to many exciting growth companies that are well suited for LLR’s flexible investment approach. Having David interacting daily with this vibrant community will better position us as a partner with these growing businesses.”

“We are excited to welcome David Siegel to the LLR team and to create a presence in the Washington, D.C. market,” says Mitchell Hollin, Partner at LLR. “D.C. Metro is home to many exciting growth companies that are well suited for LLR’s flexible investment approach. Having David interacting daily with this vibrant community will better position us as a partner with these growing businesses.”

“Our roots have always been in the Mid-Atlantic region,” adds Scott Perricelli, Partner at LLR. “We are dedicated to investing more capital in the Baltimore to Richmond corridor. Having David join us is an example of that commitment.”

Siegel has more than 10 years of business development experience. He previously served as a Business Development executive at Ernst & Young, where he was responsible for growing the firm’s Strategic Growth Markets practice catering to high growth companies in the region.

Siegel received his bachelor’s degree in finance from Georgetown University and his MBA from the Wharton School at the University of Pennsylvania.

About LLR Partners

LLR Partners, a leading private equity firm based in Philadelphia, provides capital to middle market growth companies with proven business models in a broad range of industries including healthcare, financial, consumer and business services, information technology, specialty retail and education. With over $1.4 billion under management, LLR is flexible in its approach, taking minority or majority positions, and leading transactions ranging from expansion and growth capital to shareholder recapitalizations and buyouts. For more information about LLR, please visit www.llrpartners.com.