equity founded 1972 founder frederick warren timothy m. pennington iii b. kipling hagopian headquarters los angeles united states products leveraged buyout venture capital total assets 2.3 billion lbo 1.4 b vc 900m website www.brentwood.com brentwood associates is one of the oldest private equity firms in the us with groups focusing on both leveraged buyout and venture capital investments . the firm which is based in los angeles was founded in 1972 . the firm has raised approximately 2.3 billion since inception across 13 funds . the firm s leveraged buyout business raised approximately 1.4 billion across four funds the earliest of which was raised with 140 million of commitments in 1990 . 1 the venture capital group raised over 900 million across nine funds the earliest of which was formed in 1980 and the last of which was raised in 1998 prior to the spinout of the firm s venture business . contents 1 investments 1.1 buyout investments 1.2 venture capital investments 2 history 3 references 4 external links investments edit since inception in 1972 brentwood has invested in more than 40 companies across a wide array of industries . 2 it has over 650 million of assets under management and usually invests between 20 million and 200 million in each portfolio company . 3 4 the firm s leveraged buyout practice has focused on acquiring more mature businesses while its venture capital group has invested in earlier stage startup companies . buyout investments edit the firm s leveraged buyout practice has completed more than 30 acquisitions . among the most notable companies in which brentwood has invested include ariat oriental trading company 5 bell sports 6 bell automotive prince sports 7 c.c. filson 8 graphic controls corporation 9 the teaching company 10 stanley works and zumiez . 11 in 2007 brentwood associates bought a controlling stake in zo s kitchen . 12 in april 2014 zo s kitchen s ipo offering raised 87.5 millon . 13 in july 2013 brentwood associates acquired lazy dog restaurant & bar . 14 in 2014 brentwood acquired marshall retail group in august and z gallerie in october . 15 16 venture capital investments edit brentwood s venture group prior to its spinout separation in 1999 was among the most prominent investment firms in the 1990s internet boom . among the firm s most notable investments in software and internet businesses during this period included wellfleet communications xylan documentum isocor webtv networks and freegate . after 1999 investments in the internet and information technology sectors were made by redpoint ventures . brentwood also had a long history of investing in health care companies with strategically important products or services . today the vast majority of brentwood s successful healthcare investments have been acquired by and integrated into larger healthcare companies including baxter healthcare and medtronic . among brentwood s most notable investments included keravision aradigm webster laboratories and interflo medical . history edit history of private equity and venture capital early history origins of modern private equity the 1980s leveraged buyout boom the 1990s leveraged buyout and the venture capital bubble the 2000s dot com bubble to the credit crunch v t e brentwood was originally founded by frederick warren 17 timothy m. pennington iii 18 and b. kipling hagopian 19 leading investor in start up companies in the late 1990s . raised a 300 million venture fund in 1998 . brentwood venture capital was founded in 1972 as brentwood associates . over the last 26 years brentwood has grown to be one of the oldest and largest firms in the venture capital industry having raised over 1 billion in capital and investing in over 300 entrepreneurial companies 20 in 1999 the partners from brentwood joined with partners from institutional venture partners ivp and crosspoint ventures and created two separate industry focused firms with the relevant firm making new investments in each of the respective industries redpoint ventures focusing on early stage information technology investments 21 versant ventures focused on health care venture investments in 1999 redpoint raised a 600 million venture fund ventures i at the time the largest first time fund for a new firm . 22 references edit new buyout fund set by brentwood . new york times may 5 1989 max sarah 29 july 2013 . if its customers love a business this equity firm does too . the new york times . the new york times company . retrieved 4 december 2014 . brentwood associates . crunchbase . aol inc. retrieved 5 december 2014 . company overview of brentwood associates inc. . bloomberg businessweek . bloomberg l.p. 16 december 2014 . retrieved 16 december 2014 . brentwood associates to sell oriental trading company to carlyle . june 14 2006 bell sports agrees to be bought by hb acquisition . new york times february 18 1998 a 2d pond s unit is sold in a month prince . new york times june 16 1987 brentwood associates partners to buy seattle garment maker . los angeles business january 24 2005 brentwood associates reportedly to sell company . new york times july 27 1995 berkery noyes & co. represents the teaching company in its sale to brentwood associates october 3 2006 . zumiez gets investor to help growth . transworld snowboarding november 5 2002 goodman sherri c. november 2 2007 . zoe s kitchen selling big stake cassimus sees deal as spice for expansion . the birmingham news . das avik 10 april 2014 . restaurant chain zoe s kitchen valued at 276 million in ipo . reuters . thomson reuters . retrieved 19 december 2014 . dunford thomas 29 july 2013 . the morning leverage brentwood throws a bone to lazy dog . the wall street journal . dow jones & company inc. retrieved 15 december 2014 . miet hannah 26 august 2014 . brentwood associates acquires marshall retail group . los angeles business journal . los angeles business journal . retrieved 11 december 2014 . dunford thomas 14 october 2014 . the morning leverage gtcr in talks for gorkana group . the wall street journal . dow jones & company inc. retrieved 10 december 2014 . frederick warren . zoominfo profile sky diving into venture capital risks . los angeles business journal feb 19 1990 b. kipling hagopian . forbes profile brentwood venture capital closes 300 million fund . november 9 1998 the gods of capitalism redpoint ventures explains why making five times your money isn t enough . cnn money august 29 2000 redpoint ventures closes 600 million fund new firm raises largest first fund ever . november 8 1999 venture capital firms stay the course to stay profitable . los angeles business journal may 17 1993 brentwood associates profile . left coast investing external links edit brentwood associates company website v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title brentwood associates & oldid 701938310 categories private equity firms of the united statesventure capital firms of the united statescompanies established in 1972 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload 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