Brentwood Associates

Brentwood Associates is a private equity investment firm based in Los Angeles, California, with a history spanning over 30 years. Founded in 1972, the firm specializes in middle-market investments, focusing on growth companies across various sectors, including consumer products, health and wellness, education, and food and beverage. Brentwood employs its extensive experience to identify opportunities in multi-location growth strategies such as specialty retail and restaurants, as well as in direct marketing through channels like e-commerce and direct mail. The firm has a strong track record, having invested in more than 50 portfolio companies with a combined transaction value exceeding $6 billion. Brentwood Associates positions itself as a value-added partner to entrepreneurs and management teams, leveraging its expertise in both investing and brand development to help build world-class companies.

Rahul Aggarwal

Partner

Jonathan Ang

Managing Director

Peter Edelson

Vice President

Daniel Eder

Senior Associate

Ryan Foltz

Managing Director

Samantha Gardner

Senior Associate

Keith Gordon

Operating Partner

Theodore Lin

Associate

Tiffany Lu

Associate

Patrick McGrorey

Vice President

Alexander McKenna

Associate

Craig Milius

Partner

Steve Moore

Partner

Rachel Presser

Principal

Chris Reekie

Managing Director

Eric Reiter

Partner

Christopher Scherer

Vice President

Bill Barnum

General Partner

Toros Yeremyan

Managing Director - Capital Markets

40 past transactions

Wingstop

Post in 2023
Wingstop Inc. is a restaurant company that franchises and operates locations under the Wingstop brand name, specializing in chicken wings. Founded in 1994 and headquartered in Dallas, Texas, Wingstop offers a menu that includes classic wings, boneless wings, tenders, and Thigh Bites, all cooked to order and hand-sauced in a selection of 11 bold flavors. As of November 2020, Wingstop operates and franchises over 1,700 locations globally. In addition to its wing offerings, the menu features signature sides such as fresh-cut seasoned fries and freshly-made dips like ranch and bleu cheese. The company emphasizes delivering an exceptional guest experience through efficient service and innovative technology.

L Nutra

Series D in 2023
L Nutra is a manufacturer of products that mimic and enhance the body's natural ability to rejuvenate itself and promote longevity. The company's products are made from healthy natural ingredients that nourish the body while keeping it fasting and promote long-term positive effects on biological aging, health, and a variety of other factors, assisting consumers in managing body weight and improving health.

LegalMation

Series A in 2023
LegalMation is an artificial intelligence technology company that offers innovative tools designed to assist attorneys and legal professionals in automating routine litigation tasks. By providing a platform that quickly analyzes complaints and lawsuits, LegalMation extracts extensive data points, enabling the generation of quality draft answers, document requests, and interrogatories. This automation allows legal practitioners to redirect their focus toward more valuable aspects of their work, enhancing the overall efficiency and effectiveness of legal services. The company's solutions aim to transform how legal professionals deliver value, whether serving as outside counsel or in-house advisors.

Hissho Sushi

Acquisition in 2022
Hissho Sushi provides turnkey sushi bars to upscale supermarkets, cafes, hospitals, universities and corporate foodservice locations. With more than a decade in the industry, Hissho’s proven program and committed sushi professionals are recognized as the best of the best. At the end of the day, we know that it is all about superior quality and customer service. From operations and logistics to sales and marketing, our entire team works hand-in-hand with our partners to ensure success.

Pacifica Beauty

Private Equity Round in 2022
Pacifica Beauty LLC, founded in 1997 and based in Portland, Oregon, specializes in manufacturing natural beauty and lifestyle products that are vegan and cruelty-free. The company's extensive product range includes makeup for the face, eyes, lips, and nails; skincare items such as cleansers, serums, and moisturizers; sun protection products including sprays and lotions; hair care essentials like shampoos and conditioners; as well as bath and body products, fragrances, and wellness offerings like beauty powders and gummies. Pacifica aims to make clean beauty accessible and offers its products through various retail stores and online channels.

Service Management Group

Private Equity Round in 2021
SMG offers its users with solutions such as customer experiences, brand researching, and employee engagement services. It provides services for industries such as restaurants, retail, convenience stores, travel and entertainment, grocery, and services. Client partners of the company are Applebee’s, Wawa, McDonalds, GIANT EAGLE, TACO BELL, and KOHL’s.

Service Management Group

Acquisition in 2021
SMG offers its users with solutions such as customer experiences, brand researching, and employee engagement services. It provides services for industries such as restaurants, retail, convenience stores, travel and entertainment, grocery, and services. Client partners of the company are Applebee’s, Wawa, McDonalds, GIANT EAGLE, TACO BELL, and KOHL’s.

L Nutra

Private Equity Round in 2021
L Nutra is a manufacturer of products that mimic and enhance the body's natural ability to rejuvenate itself and promote longevity. The company's products are made from healthy natural ingredients that nourish the body while keeping it fasting and promote long-term positive effects on biological aging, health, and a variety of other factors, assisting consumers in managing body weight and improving health.

Medbridge

Venture Round in 2021
MedBridge Inc. is an online education platform based in Seattle, Washington, that caters to clinicians and healthcare organizations by providing access to continuing education courses, patient education tools, and home exercise programs. Founded in 2010, the company offers solutions across several healthcare disciplines, including physical therapy, occupational therapy, athletic training, speech-language pathology, and nursing. MedBridge focuses on delivering evidence-based resources and innovative technology to enhance professional development and improve patient outcomes.

Snooze

Private Equity Round in 2020
Snooze, LLC is a restaurant chain founded in 2006 by brothers Jon and Adam Schlegel, with its headquarters in Denver, Colorado. The company operates locations in California, Colorado, Arizona, and Texas, focusing primarily on breakfast and brunch offerings. Snooze is known for its innovative twists on traditional breakfast classics, catering to a variety of dietary preferences, including vegan and vegetarian options. The restaurants aim to create a vibrant and welcoming atmosphere, encouraging customers to celebrate each day. With a commitment to community engagement, Snooze has established itself as a beloved dining destination, fostering a passionate staff known as "Snoozers" who enhance the dining experience through friendly service.

KeyMe

Series E in 2020
KeyMe is a mobile app that allows users to store, share, and duplicate their physical keys based on a digital image. The company provides an app for copying keys and robotic kiosks for new key fabrication. It offers customers a one-stop solution for all their locksmith needs ranging from lockouts and re-keys to complex installations and custom jobs. KeyMe smart kiosks are deployed in over 2,500 locations across leading retailers across 46 states, including (alphabetically): Acme, Albertsons, AutoZone, Bed Bath & Beyond, Brookfield, Dillons, Foodmaxx, Foodtown, Frys, Giant Eagle, GGP, Harmon Face Values, IKEA, Jewel-Osco, JLL Properties, Kmart, Kroger, Mall of America, Navarro, Ralphs Grocery, Randalls, Rite Aid, Safeway, Save-A-Lot, Save Mart, Sears, Simon Malls, Smith’s Food & Drug, Starwood, Tom Thumb, UNFI, Vons and 7-Eleven, among others. KeyMe kiosks are the first and only kiosks with the ability to duplicate the majority of vehicles and RFID keys on the market. The smart kiosks copy most keys in under 30 seconds, at a rate that is 10 times more accurate than the industry average. KeyMe investors include Battery Ventures, BlackRock, Comcast Ventures, Questmark Partners, Ravin Gandhi, River Park Ventures, and White Star Capital.

Chicken Salad Chick

Acquisition in 2019
Chicken Salad Chick is a restaurant chain based in Auburn, Alabama, specializing in chicken salads. Founded in 2008 by Kevin and Stacy Brown, the chain offers a diverse menu that includes 15 varieties of chicken salad, gourmet soups, side salads, sandwiches, and desserts. In addition to its dine-in services, Chicken Salad Chick provides catering options to meet various customer needs. The restaurant also features a mobile application that allows patrons to access nutritional information about their food selections, catering to health-conscious consumers.

Afterburn Holdings

Acquisition in 2019
Afterburn Holdings is a leading franchisee and area representative of Orangetheory Fitness, founded in 2013 and headquartered in Houston, Texas. The Company operates 12 Orangetheory Fitness studios and oversees an additional eight studios in the greater Houston market.

MD Now Urgent Care

Acquisition in 2018
MD Now Urgent Care is the largest independent provider of urgent care services in South Florida, operating clinics across Palm Beach, Broward, and Miami-Dade counties. Open daily from 8 am to 8 pm, the clinics allow patients to receive prompt care without the need for an appointment, typically treating them in under an hour. MD Now prioritizes high-quality care by having a licensed doctor on-site at all times, catering to a range of medical needs, including occupational medicine, minor fractures, and X-rays. Their state-of-the-art facilities are accredited by the American Academy of Urgent Care Medicine and hold the Certified Urgent Care Center designation from the Urgent Care Association of America, reflecting their commitment to excellence. Furthermore, MD Now offers services at significantly lower costs compared to emergency rooms and hospital-affiliated urgent care, providing substantial savings for patients while maintaining high standards of care.

ClassWallet

Seed Round in 2018
ClassWallet, founded in 2014 and based in Hollywood, Florida, offers a comprehensive funds management and tracking platform tailored for educational institutions and government agencies. The platform streamlines the management of public funds by minimizing paperwork and administrative tasks, allowing users to efficiently track classroom stipends, grants, donations, and other financial activities. ClassWallet's patented digital wallet technology ensures that funds are appropriately allocated and utilized, enhancing compliance while reducing costs and time associated with traditional methods. Serving clients across 32 states, ClassWallet has facilitated the effective use of over $2.7 billion in public funds. Its integrated marketplace includes partnerships with leading retailers, providing educators with access to essential resources. In 2023, ClassWallet was recognized on the Inc. 5000 list as one of the fastest-growing private companies in the U.S. and ranked highly among software companies by Deloitte's Technology Fast 500.

Credentials Solutions

Private Equity Round in 2018
Credentials Solutions is a technology-driven service provider catering to more than 500 higher education institutions and municipalities across the United States. Established in 1997 and based in suburban Chicago, the company specializes in student records management and has pioneered online degree and enrollment verification services. Credentials Solutions offers a range of automated solutions that simplify the ordering, processing, and fulfillment of academic transcripts, diplomas, and campus parking permits, as well as municipal vehicle registrations. Its services are designed to be secure, compliant, and user-friendly, enabling institutions to enhance efficiency and reduce costs. The company is committed to continuous improvement, consistently seeking opportunities to streamline processes and integrate advanced technologies.

Upward Projects

Venture Round in 2017
Upward Projects, LLC is a restaurant group based in Phoenix, Arizona, that operates a variety of dining establishments, including Postino, Windsor, Churn, Federal Pizza, and Joyride. These restaurants focus on pairing food with boutique beverage programs, offering a selection of wines, beers, and cocktails alongside their culinary offerings. Additionally, Upward Projects runs an ice cream parlor that features homemade ice creams, pastries, and coffees. Established in 2009, the company is dedicated to creating authentic and inspiring experiences for the communities it serves.

Blaze Pizza

Private Equity Round in 2017
Blaze Pizza, LLC operates a fast-casual pizza chain in the United States, specializing in artisan pizzas made using an assembly line format that allows customers to customize their orders with a variety of fresh ingredients. Founded in 2011 and headquartered in Pasadena, California, Blaze Pizza offers a menu that includes signature pizzas, salads, and desserts, as well as gluten-free dough and vegan cheese options. Each restaurant features an interactive open-kitchen design where guests can watch as their pizzas are prepared, with a typical cooking time of just two minutes. The company also sells merchandise, including T-shirts and gift cards, through its online platform. With additional locations across multiple states and international presence in Canada and Kuwait, Blaze Pizza continues to lead in the fast-casual pizza segment by focusing on quality and speed.

Jefferson Dental Care

Acquisition in 2017
Jefferson Dental Care is a leading dental support organization with 53 affiliated clinics throughout Texas. Jefferson’s affiliated clinics offer a broad range of general dentistry, orthodontic, and other specialty dental services, and are committed to providing high quality and affordable care. For more information about Jefferson, please visit www.jeffersondentalclinics.com.

SAXX Underwear

Venture Round in 2016
SAXX Underwear was founded in 2006 based on the need to design better men's underwear. After 16 prototypes and months of research and development, SAXX was introduced to the market with a revolutionary patented technology. It is the best performance and lifestyle solution on the market.

Veggie Grill

Series E in 2016
Veggie Grill, Inc. operates a chain of vegetarian restaurants primarily located in California, Oregon, Washington, and Illinois. Established in 2005 and based in Los Angeles, the company focuses on offering a diverse menu that includes hot sandwiches, burgers, entrée salads, homestyle plates, daily soups, and housemade desserts, all prepared with plant-based ingredients. In addition to its restaurant services, Veggie Grill also provides catering for office lunches, parties, and picnics. The brand is recognized for its commitment to delivering craveable and comforting meals in a fast-casual dining environment, appealing to customers seeking wholesome and delicious plant-based options.

Boston Proper

Acquisition in 2016
Boston Proper, LLC is an online and catalog retailer based in Boca Raton, Florida, specializing in high-end women's apparel and accessories. Founded in 1951 and rebranded in 2004, the company offers a diverse range of products, including tops, bottoms, dresses, swimwear, footwear, and accessories such as jewelry, bags, and sunglasses. Boston Proper is recognized for its unique merchandise that blends a classy and sexy aesthetic, catering to women who embrace individuality and confidence. The brand focuses on delivering on-trend styles with age-appropriate fits, appealing to those seeking a chic and feminine look. Products are available nationwide through direct mail catalogs and online at bostonproper.com.

J.McLaughlin

Acquisition in 2015
J.McLaughlin is a retail company that specializes in clothing and accessories, focusing on both lifestyle and sportswear. The brand offers a diverse range of products, including dresses, tops, sweaters, jackets, pants, skirts, and swimwear, as well as footwear and various accessories such as handbags, scarves, eyewear, and belts. With an emphasis on craftsmanship and style, J.McLaughlin designs and manufactures its items, catering to the fashion needs of both men and women. The company sells its products through a combination of online platforms and physical retail locations, allowing customers to easily access its offerings.

Excelligence Learning Corporation

Acquisition in 2015
Excelligence Learning is a developer, manufacturer, distributor, and multi-channel retailer of over 20,000 innovative, high-quality and grade-appropriate educational products and teaching solutions, which are sold primarily to early childhood learning centers, elementary schools, PTAs, and consumers. The company has three core divisions: Supplies (Discount School Supply, Really Good Stuff, SmarterKids, and Environments), Equipment (Children's Factory, Angeles and Steffy Wood Products), and Services (Educational Products, Inc., ChildCare Education Institute). With over 30 years of experience serving children, educators and parents, Excelligence's diversified portfolio of leading brands delivers quality, innovation, service and value on a global scale. Leading proprietary brands include: Colorations, BioColor, and Excellerations.

Z Gallerie

Acquisition in 2014
At Z Gallerie it's all about family. In 1979, three siblings, Joe Zeiden, Carole Malfatti, and Mike Zeiden opened a small poster shop in Sherman Oaks, CA. This new form of art was growing and through hard work and long hours the young entrepreneurs thrived. Together they operated the store during the day and framed posters at night in their parent's garage. Before long the three siblings had a number of locations, moved out of their parent's garage and dreamt of stores that carried more than just poster art. Their vision was to put forth a collection of fashion forward and exclusive home furnishings, art, and accessories at an affordable price. Today, more than 30 years later Z Gallerie stores are an ever-changing combination of stylish, traditional and contemporary designs. Z Gallerie buyers are focused on designing and seeking out products that encompass the best ideas from around the world and right here at home.

Marshall Retail Group

Acquisition in 2014
Marshall Retail Group is a privately held company based in Las Vegas with more than 850 employees nationwide, owning and operating stores in more than 150 locations, primarily in major casino-hotels, but more recently expanding into airports across the United States. Their portfolio of stores includes logo souvenir and sundry shops, apparel, shoes and accessories boutiques, and Harley-Davidson stores. Each store is designed to maximize revenues and profitability by carefully catering to visitor demographics specific to the location. MRG is well known and highly respected for its in-depth understanding of the retail market and the purchasing habits of leisure customers. By leveraging the company's nearly 60 years of experience, MRG has earned a reputation for running one of the most efficient retail operations in the casino and resort industry. MRG’s team of seasoned experts also offers retail and brand consulting services to resorts and casinos interested in developing and merchandising their own brand.

Allen Edmonds

Acquisition in 2013
Allen Edmonds began handcrafting Made in U.S.A. shoes in 1922 on the shores of Lake Michigan in Wisconsin. Today we continue this manufacturing tradition and offer the finest men's dress and casual shoes available featuring classic American styling and fine craftsmanship. Our product is complemented by our retail Master Fitters who have earned their title by fitting over 3,000 customers (and counting), making them experts when it comes to helping you find a pair of Allen Edmonds that will feel like they were tailored especially for your feet. Allen Edmonds prides itself on using superior leathers such as calf skin and cordovan. These materials are combined with cork footbeds to create unmatched comfort. Our shoes remain in the last for at least 24 hours to ensure that they hold their shape for a lifetime. Allen Edmonds style is about more than just fashion and materials. It is about conveying a classic look while retaining versatility and durability.

Lazy Dog Restaurant & Bar

Acquisition in 2013
Lazy Dog Restaurant & Bar is a casual dining establishment based in Huntington Beach, California, with multiple locations across the state and in Atlanta, Georgia. Founded in 2012, the restaurant specializes in hand-crafted American cuisine, featuring an eclectic menu that emphasizes seasonal ingredients and innovative comfort food. It offers a diverse range of options for lunch and dinner, including main dishes, a kids' menu, and an extensive bar selection. The restaurant is known for its welcoming atmosphere, complete with pet-friendly patios, and aims to provide high-quality service reminiscent of small-town hospitality. Additionally, Lazy Dog facilitates online ordering and takeout services, along with offering gift cards and branded merchandise through its website.

Veggie Grill

Series D in 2013
Veggie Grill, Inc. operates a chain of vegetarian restaurants primarily located in California, Oregon, Washington, and Illinois. Established in 2005 and based in Los Angeles, the company focuses on offering a diverse menu that includes hot sandwiches, burgers, entrée salads, homestyle plates, daily soups, and housemade desserts, all prepared with plant-based ingredients. In addition to its restaurant services, Veggie Grill also provides catering for office lunches, parties, and picnics. The brand is recognized for its commitment to delivering craveable and comforting meals in a fast-casual dining environment, appealing to customers seeking wholesome and delicious plant-based options.

Soft Surroundings

Acquisition in 2012
Soft Surroundings is a clothing store chain specifically designed for women of all ages, tall or small.

Sundance Catalog

Acquisition in 2012
Sundance Catalog Company is a multi-channel direct marketing and specialty retail firm based in the United States. The company provides an exclusive and eclectic selection of clothing, jewelry, and accessories for both women and men. In addition to apparel and accessories, Sundance Catalog also offers home furnishings. Customers can access these products through various channels, including catalogs, an online platform, and physical retail stores.

KMAC Enterprises

Acquisition in 2011
KMAC Enterprises is the leading operator of Taco Bell and KFC with a vision to be Premier Taco Bell Employer.

Ariat International

Private Equity Round in 2006
Ariat International is a designer and manufacturer of equestrian footwear, apparel, and accessories catering to both professional and recreational riders. The company offers a diverse range of products, including performance clothing and footwear, which encompasses bottoms, sportswear, outerwear, gloves, bags, headwear, boots, and socks. Ariat's goods are available through various sales channels, including physical retail stores, online merchants, and catalog outlets, ensuring accessibility for its customers.

The Great Courses

Acquisition in 2006
The Great Courses, developed by The Teaching Company, specializes in providing high-quality college-level courses aimed at lifelong learners. These courses are available in various formats, including audio and video streaming, mobile apps, downloads, and physical discs. The Great Courses features lectures from distinguished professors, tailored to enhance the learning experience. As of 2015, the platform offers nearly 15,000 lectures covering diverse subjects such as science, history, fine arts, and personal development. Additionally, some courses are co-branded with reputable content partners like The Culinary Institute of America and National Geographic. Apart from direct sales, The Great Courses also provides a subscription service called The Great Courses Plus, and its content can be accessed through multiple digital platforms, including Netflix, Amazon Instant Video, and various cable services.

Soapstone Networks

Series B in 1998
Soapstone Networks (formerly Avici Systems) developer of Terabit Switch/Router technology aimed at providing the next generation of high performance, IP-based routers to carriers and Internet Service Providers worldwide. Soapstone Networks got liquidated in 2009 July.

Soapstone Networks

Series A in 1997
Soapstone Networks (formerly Avici Systems) developer of Terabit Switch/Router technology aimed at providing the next generation of high performance, IP-based routers to carriers and Internet Service Providers worldwide. Soapstone Networks got liquidated in 2009 July.

Khepri Pharmaceuticals

Venture Round in 1993
Khepri Pharmaceuticals is a biopharmaceutical company that develops proteases and their inhibitors as therapeutics. The company was founded in 1992 and is headquartered in South San Francisco, California.

Genta

Venture Round in 1991
Genta Incorporated is a biopharmaceutical company focused on the identification, development and commercialization of drugs for the treatment of people with cancer. Genta has built a broad portfolio of proprietary products in various stages of clinical development. The Company’s drugs include Ganite (gallium nitrate injection), tesetaxel, and oral gallium.
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