Lindsay Goldberg
Lindsay Goldberg is a company.
Financial History
Leadership Team
Key people at Lindsay Goldberg.
Lindsay Goldberg is a company.
Key people at Lindsay Goldberg.
Key people at Lindsay Goldberg.
Lindsay Goldberg is a New York-based private equity firm founded in 2001, specializing in leveraged buyouts (LBOs) and growth investments in middle-market companies across sectors like waste disposal, energy transmission, financial services, healthcare, business services, energy services, manufacturing, commodity-based industries, and consumer sectors.[1][2][3] The firm's mission centers on building enduring value through relationship-driven partnerships with families, founders, and management teams, supported by a collaborative approach, global affiliate network, and integration of ESG principles to enhance competitive positions.[1][3][5] With approximately $6.4 billion in assets under management as of March 2023, Lindsay Goldberg manages multiple funds and maintains a portfolio of over 30 platform businesses, including infrastructure engineering (e.g., Pike), contract research organizations (e.g., MMS Holdings), and specialized distributors.[1][2][4]
Its investment philosophy emphasizes long-term orientation, operational support, and active collaboration rather than short-term exits, distinguishing it in the private equity landscape.[1][3][5]
Lindsay Goldberg was established in 2001 by co-founders Alan Goldberg, former CEO and Chairman of Morgan Stanley Private Equity, and Robert (Bob) Lindsay, a key figure in Bessemer Trust's PE business; the duo had collaborated for over 40 years prior.[1][3][5] Headquartered in New York, the firm evolved from a focus on global private equity expertise into a specialist in middle-market LBOs and growth deals, particularly with family- and founder-led businesses.[1][3][4] Over two decades, it has grown to manage committed capital across platform businesses and follow-on investments, with recent activity including funds closing in 2024 and a new fund in market as of November 2024.[3][4] Key milestones include high-profile transactions like the 2020 majority acquisition of Pike Corporation, where management retained significant stakes and leadership.[1]
While not exclusively tech-focused, Lindsay Goldberg influences the tech-adjacent ecosystem through investments in infrastructure engineering (e.g., Pike's power lines, fiber, and renewables), advanced technology providers to government agencies, and data-focused CROs supporting biotech/pharma innovation.[1][2] It rides trends in energy transition, digital infrastructure, and healthcare digitization—sectors demanding resilient middle-market players amid supply chain shifts and sustainability mandates.[2][3] Timing aligns with post-2020 infrastructure booms and ESG-driven capital flows, where the firm's family-partnering model counters pure VC volatility in tech startups.[1][3] By scaling platforms like engineering services for transmission/distribution and science/tech solutions, it bolsters the startup-to-scaleup pipeline, enabling tech integration in traditional industries.[1][2]
Lindsay Goldberg is poised for expansion with recent fund activity (e.g., closures in 2024, new fund in market), likely targeting energy transition, healthcare tech, and infrastructure amid global decarbonization and supply chain resilience trends.[3][4] Rising demand for ESG-aligned middle-market deals could amplify its influence, evolving it toward more tech-enabled portfolios like renewables storage and advanced engineering.[1][2][3] As private equity shifts to patient capital in uncertain markets, its founder-centric approach positions it to acquire and build the next wave of hybrid tech-industrial leaders—reinforcing its role as a steady partner in value creation.[5]