EDMONDS, Wash.--(BUSINESS WIRE)--Sound Growth Partners (“SGP”) is pleased to announce its acquisition of LPi Digital, LLC (“LPi”) on October 25, 2024. SGP, along with its co-investors Everside Capital Partners and Caumsett Capital, provided all the capital required to complete the transaction via SGP’s One-Stop Buyout™ structure.
Headquartered in Milwaukee, WI, LPi is the largest provider of advertising-supported, print and digital bulletins and newsletters to faith-based, community, and membership organizations across the U.S.
“LPi’s commitment to supporting its partner organizations through innovative communication solutions sets it apart as a leader in community engagement,” said David Glazer, Partner at SGP. “We are excited to collaborate with the LPi team as they continue to invest in the technology that will enable them to expand their impact and enhance support of their partners and customers even further.”
“Over the past 50 years LPi has carved out an incredible niche and is in a rare class of longstanding successful organizations,” said Joe Luedtke, CEO of LPi. “With SGP’s investment, we’re looking forward to the next chapter in LPi’s story.”
To learn more about LPi, please visit https://www.4lpi.com.
About Sound Growth Partners
Founded in 2023, SGP is a Seattle-based private equity firm investing in clear market leaders within the lower middle market. SGP provides all the capital necessary to close a transaction. The firm invests in companies with $2 to $10 million of EBITDA in niches within the Consumer Products, Business Services, Distribution and Light Manufacturing industries.
To learn more about Sound Growth Partners and the One-Stop Buyout™ structure, please visit https://soundgrowthpartners.com/ and follow us on LinkedIn.
