Freeman Spogli & Co.

Founded in 1983 as Riordan, Freeman & Spogli, the firm was established by Richard Riordan, Bradford M. Freeman, and Ronald P. Spogli. The firm initially engaged in a variety of investments, including venture capital in the technology and medical sectors led by Riordan. However, the firm became well-known in the 1980s for a series of successful leveraged buyouts, particularly in the supermarket and retail industries.

In 1988, Richard Riordan departed the firm to focus on venture capital, leading to the firm being renamed Freeman Spogli & Co. Since then, the firm has maintained a consistent focus on larger leveraged buyouts and recapitalizations of established middle-market companies. Their investment strategy is primarily centered on the domestic American market, with a heavy emphasis on the consumer and distribution sectors.

Throughout its history, the firm has executed notable deals involving major brands and retailers. Their portfolio has included diverse companies ranging from restaurant chains like El Pollo Loco and First Watch to retail giants such as Petco and Advance Auto Parts. The firm continues to operate as a private enterprise headquartered in Los Angeles with an additional office in New York.