PE Firm · Capital Allocator

Brentwood Associates

Medium
Los Angeles, United States · Founded 1972 · AUM over $2 billion · Website
Leveraged BuyoutGrowth EquityVenture Capital (historically)Consumer ServicesRetailRestaurantsHealthcareSaaSInformation TechnologyUnited States
Last verified
7/8/2026

Firm Overview

38
Portfolio tracked
6
Sectors
1
Regions
7/8/2026
Last verified

Brentwood Associates is a Los Angeles-based private equity firm specializing in leveraged buyouts and growth stage investments.

Founded in 1972, Brentwood Associates is a private equity firm that initially operated both leveraged buyout and venture capital groups. In 1999, the firm's venture capital business was spun off into Redpoint Ventures and Versant Ventures, allowing Brentwood to focus primarily on its buyout practice. The firm raised its most recent major fund of $1.15 billion in 2017.

Brentwood's investment strategy focuses on acquiring mature businesses in the consumer, retail, and healthcare sectors. It typically pursues middle-market deals, leveraging its long history of industry expertise to scale growth-oriented companies. The firm is known for investing in several high-profile consumer brands and restaurant chains throughout its decades-long history.

Historically, before the 1999 spinout, the firm's venture group was a prominent player in the 1990s internet boom and early healthcare innovation. Today, the firm continues to be active in North American private equity, specifically targeting businesses with strong customer loyalty and scalable models.

Founded1972
HeadquartersLos Angeles, United States
AUMover $2 billion
Target investment$20 million to $200 million per investment
StrategiesLeveraged Buyout, Growth Equity, Venture Capital (historically)
Sector focusConsumer Services, Retail, Restaurants, Healthcare, SaaS, Information Technology
Geographic focusUnited States

Leadership

Frederick Warren
Founder
Timothy M. Pennington III
Founder
B. Kipling Hagopian
Founder

Notable Investments

AriatOriental Trading CompanyBell SportsPrince SportsC.C. FilsonThe Teaching CompanyZumiezZoës KitchenLazy Dog Restaurant & BarMarshall Retail GroupChicken Salad ChickMedBridge

Historical and current deals referenced in public sources.

Portfolio Companies

Sources

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Brentwood Associates and does not provide investment advice.

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