Press release

LLR Partners Promotes Sasank Aleti and Michael Levenberg to Partner

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is pleased to announce the promotions of Sasank
and Michael
to Partner. As long-time senior members of the LLR team,
both Sasank and Michael have led several investments in their respective
industry practices and helped drive growth for LLR’s portfolio companies.

“Sasank and Mike both built practices for LLR from the ground up,
establishing themselves as thought leaders and the firm as a seasoned
investor in HR tech and industrial tech, respectively,” said Scott
, Partner at LLR Partners. “Throughout our 20-year
history, LLR has worked hard to maintain a culture that enables our
people to grow and succeed. We are exceptionally proud of the way Sasank
and Mike have become leaders within the firm, contributing tremendous
value to our team and to their portfolio companies.”

Sasank Aleti is a leader on LLR’s healthcare investment team and, during
his tenure at LLR, also established and built the firm’s investment
focus on human capital management. Throughout his career in private
equity, he has also worked with companies in financial services and
software. Sasank’s current investments at LLR include benefitexpress,
CareATC, CoreStream, Eye Health America and Rizing. He has also worked
closely with Alsbridge, Heartland Payment Systems, Maxwell Systems,
Prophet 21, Welocalize and several other realized LLR portfolio
companies. Earlier in his career, Sasank was an investment banking
analyst at UBS. He earned an M.B.A. from Harvard Business School and a
B.S. from New York University.

Michael Levenberg is a leader on LLR’s industrial technology team. Since
he joined the firm, Michael has been dedicated to building the firm’s
security industry practice and more recently broadened its focus into
other technology-oriented segments in the industrial sector. Michael’s
current investments at LLR include 3SI Security Systems, ACRE, Agility
Recovery, and Eyewitness Surveillance. He previously worked with several
realized LLR portfolio companies including Mercury Security and UltiSat.
Michael joined LLR from Monument Capital Group and prior to that he
worked in investment banking and M&A advisory at Jefferies and PwC.
Michael earned an M.B.A. from Columbia Business School and a B.S. from
Cornell University.

In addition, LLR promoted four individuals who specialize in specific
industry investments to Principal: Ryan
(fintech), Michael
(software), Brian
(cybersecurity) and Zack
(healthcare and education).

About LLR Partners

LLR Partners is a middle market private equity firm committed to
creating long-term value by growing its portfolio companies. LLR invests
in several industries, with a focus on technology, healthcare and
services businesses. Founded in 1999 and with more than $3.5 billion
raised across five funds, LLR is a flexible provider of capital for
growth, recapitalizations and buyouts. For more information about LLR
and insights on scaling growth companies, visit