Firm at a glance
LLR Partners is a platform private equity firm founded in 1999 and headquartered in Philadelphia, PA, per its own website [S1].
What they buy
LLR Partners has reportedly raised more than $7.5 billion across seven funds as of January 2026 [S1]. The firm’s observed investment activity spans software, healthcare technology, fintech, education, industrial, business services, government technology, and HR technology sectors [S1]. Recent publicly disclosed transactions include TruTechnologies, a provider of technology solutions, in May 2025 [S2], and AxisCare, a home care software platform, in June 2026 [S3].
Portfolio
Public sources as of January 2026 do not provide a comprehensive list of current portfolio companies held by LLR Partners [S1]. Recent platform investments identified through transaction announcements include:
* **TruTechnologies** (acquired May 2025) [S2]
* **AxisCare** (acquired June 2026) [S3]
Recent activity (last 24 months)
* **April 2025**: Closed Fund VII at approximately $2.45 billion [S4]
* **May 2025**: Acquired TruTechnologies, described as a technology solutions provider [S2]
* **June 2026**: Acquired AxisCare, a software platform serving the home care industry [S3]
How this firm fits a seller
LLR Partners appears to target growth-stage technology and technology-enabled service businesses based on its recent transaction history. The firm closed its seventh fund in April 2025 at approximately $2.45 billion, suggesting active deployment capacity [S4]. For owner-operators in software, healthcare IT, or related verticals, the firm’s observed pattern indicates interest in platforms with technology differentiation. The June 2026 AxisCare transaction and May 2025 TruTechnologies deal demonstrate continued acquisition activity through mid-2026 [S2][S3].
Sources
[S1] https://llrpartners.com (as of 2026-01-15)
[S2] https://www.businesswire.com/news/home/20250528326737/en/TruTechnologies-Secures-Significant-Growth-Investment-From-LLR-Partners (as of 2025-05-28)
[S3] https://www.businesswire.com/news/home/20260602076414/en/AxisCare-Secures-Strategic-Investment-From-LLR-Partners (as of 2026-06-02)
[S4] https://www.lw.com/en/news/2025/04/latham-watkins-advises-llr-partners-in-us2-45-billion-fund-formation (as of 2025-04-25)
Frequently asked questions
Does LLR Partners buy software businesses?
Yes, per publicly available information. LLR Partners has invested in software platforms including AxisCare, a home care software provider acquired in June 2026 [S3], and operates across software, healthcare technology, fintech, and related sectors according to its website [S1].
What companies has LLR Partners acquired recently?
Recent publicly disclosed acquisitions include TruTechnologies in May 2025 [S2] and AxisCare in June 2026 [S3]. Both transactions were characterized as growth investments in technology-focused businesses.
Where is LLR Partners based and how big is the firm?
LLR Partners is based in Philadelphia, PA [S1]. The firm has reportedly raised more than $7.5 billion across seven funds as of January 2026, with its most recent fund (Fund VII) closing at approximately $2.45 billion in April 2025 [S1][S4].
Is LLR Partners still actively acquiring?
Yes. LLR Partners completed an acquisition of AxisCare in June 2026 [S3], indicating active deal execution. The firm closed a $2.45 billion fund in April 2025, suggesting ongoing capital deployment [S4].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.