Episode description

After raising $307 million in capital commitments for his LFM III fund, LFM Capital Partners Co-Founder and Executive Managing Director Steve Cook talks about how the firm will deploy that capital in lower-middle-market manufacturing. LFM was founded by operators, and their time in that role informs their investment approach, meaning they can invest in companies that fall outside the typical PE investment criteria. He talks about the fund, their approach, and how businesses in that sector today are faring.