Thursday, May 2, 2024
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HomeNewsBusiness WireLG Capital Acquires Stake in 4x4 Capital

LG Capital Acquires Stake in 4×4 Capital

NEW YORK–(BUSINESS WIRE)–4×4 Capital (“4×4”), a leading New York-based investment platform specializing in the consumer, services, and industrials sectors, is proud to announce the addition of LG Capital Investors, the family office of Lawrence Guffey, as a strategic financial investor.

Before founding his family office in 2014, Mr. Guffey enjoyed a successful 22-year career at Blackstone, where he held the position of Senior Managing Director and served as a Member of the Investment Committee. With over three decades of private equity experience, Mr. Guffey has played a pivotal role in numerous transformative investments and has held board positions at market-defining organizations such as T-Mobile US, Inc. and Partners Capital Investment Group.

Mr. Guffey was attracted to 4×4 by the team’s extensive operational and investment experience developed at organizations including AB InBev, Goldman Sachs, McKinsey, CVC and Advent International and how this experience has translated to a truly distinctive investment approach defined by 4×4’s meticulous underwriting and execution skills.

Mr. Guffey was first introduced to the team and invested in 4×4 Fund I in 2021, which acquired 1440 Foods—a leading sports and performance nutrition platform formerly owned by KKR and Carlyle. This acquisition showcased 4×4’s exceptional sourcing, creativity, and operational carve-out capabilities. In early 2023, Mr. Guffey completed the acquisition of a minority stake in 4×4, recognizing the innovative strategy and bright future ahead for the 4×4 team.

4×4 recently deployed its second fund, making a substantial investment in Yelloh (formerly known as Schwan’s Home Delivery) to revolutionize the future of frozen home food delivery. This investment enables 4×4 to establish a second platform in the food industry, applying its strategic and operational resources and network to foster growth and value creation.

“Alex and his partners bring a truly differentiated perspective and value creation approach to the private equity landscape, with a consistent investment discipline that amplifies their proprietary deal sourcing potential. I have encountered a wide array of investors throughout my career, and I am particularly impressed with 4×4’s thorough operational analysis and their ability to identify hidden value. I am eager to contribute to 4×4’s continued growth and evolution,” said Mr. Guffey.

“We are thrilled to welcome Mr. Guffey and his family office as an investor in our management company. His impressive private equity experience and investment track record will undoubtedly contribute to elevating 4×4 Capital and our portfolio companies to new heights,” added Alex Medicis, Co-Founder of 4×4 Capital.

About 4×4 Capital

4×4 Capital is an investment platform focused on building value for companies in the consumer, services and industrials sectors. We combine deep management expertise and experience in partnering with family-owned businesses with an investment and operational track record across multi-billion-dollar brands worldwide. Our partners’ extensive operational experience and systematic approach to managing businesses and scaling growth drive our long-term view on value creation. Visit 4x4capital.com for more information.

Contacts

Media:
4×4 Capital: info@4x4capital.com
LG Capital: ms@lgcap.com

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