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      Office Locations: 
                         
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980 North Michigan Ave Suite 1300 
Chicago, IL 60611-2896 
Phone: 312-640-7050 
Fax: 312-640-7051 
 
 
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 Business Services
Consumer Products & Services
Financial Services
Information Technology
Life Sciences & Healthcare
			
			 
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Lake Capital manages more than $1.3 billion in equity commitments and invests in middle-market, growth-oriented business service companies. The areas the firm targets include: Marketing services, Finance-related services, Operational- and infrastructure-related services, Healthcare services, and Technology services. The firm typically commits $50-75 million of equity for its transactions. Typically, opportunities fall into three categories: a buyout of an existing, solid, service-based business; a partnership with existing management in the acquisition and operation of a platform company; or a specialized start-up where a significant market opportunity exists.
			 
			 
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                                Investment Firm Key
                                 
                                 
                                   VC = Venture Capital 
                                   PE = Private Equity 
                                   A = Angel 
                                   I = Incubator 
                                   MB = Merchant Bank 
                                   VD = Venture Debt 
                                   FI = Family Investment Office 
                                   FOF = Fund of Funds 
                                   ED = Economic Development Office    
                                   TT = Technology Transfer Office 
                                   CVC = Corporate Venture Capital 
                                   SEC = Secondary Purchaser 
                                   HF = Hedge Fund/Mutual Fund 
                                    
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                                | COMPANY STAGE | REVENUE | 
                                 
                                
                                | Venture Capital |  | 
                                 
                                
                                Seed Stage (includes "pre-seed," or  concept stage) | No Revenue | 
                                 
                                
                                | Early Stage | Minimal Revenue | 
                                 
                                
                                Growth Stage (also called Mid-stage) | $2M-$7M | 
                                 
                                
                                Expansion Stage (also called Late-stage) | $7M and greater | 
                                 
                                
                                | Private Equity |  | 
                                 
                                
                                | Lower Middle Market | $10M-$249M | 
                                 
                                
                                | Middle Market | $250M-$499M | 
                                 
                                
                                | Upper Middle Market | $500M-$1B | 
                                 
                                
                                | Large Cap | >$1B | 
                                 
                                 
                                 
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