HISTORY
Our Founder
Leonard Green & Partners, L.P. was founded in
1989 by Leonard I. Green. Leonard was a pioneer
in the development of the leveraged buyout
industry.
In 1969, Leonard and two partners established
Gibbons, Green van Amerongen (GGvA), one of the
first New York-based merchant banking firms
whose sole activity was management-led,
non-hostile leveraged buyouts. In 1981, Leonard
opened GGvA’s Los Angeles office and later that
year, helped organize GGvA’s first capital pool
that would later serve as a model for our first
fund.
While at GGvA, Leonard participated in
buyouts of 30 firms. Among the transactions he
directed were the purchase of Budget Rent-A-Car
Corp., Foodmaker, Inc., Horace Mann Educators
Corporation, Kash n’ Karry Food Stores, Inc. and
Purex Industries.
Our founding partner, Leonard I. Green, died
in October 2002.
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