Investment Services News

LG Capital Acquires Stake in 4×4 Capital

LG Capital Acquires Stake in 4x4 Capital

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.

“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”

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.

Latest Fintech News: New Fintech Diversity Scorecard Launches to Enable Fintech and Financial Services Companies to Track Themselves for Diversity

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.

Latest Fintech News: Neo Financial Launches Neo Mortgage to Reimagine the Mortgage Experience in Canada

“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.

Latest Fintech News: New Investments Fuel NYMBUS’ Expansion, Pioneering the Future of Financial Services and Technology

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Patria Investments Announces Agreement to Acquire VBI Real Estate to Anchor Brazil Real Estate Platform

Fintech News Desk

John Hancock Investment Management Announces Fee Reductions On Three Funds Totaling More Than $2.4 Billion In AUM

Fintech News Desk

Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments

Fintech News Desk
1