At the board levelActive and engaged, without running the company day to day.
“We see the beauty in your business”
A privately held, New York and Florida based investment firm. Since 1990 we have initiated, structured, and financed closely held acquisitions and recapitalizations for our own portfolio.
Who we are
Levco Group, Ltd. is a privately held, New York and Florida based investment firm which focuses on initiating, structuring, and financing closely held, small to mid size acquisitions and recapitalizations for its own portfolio.
In certain circumstances, Levco will provide merger and acquisition advice, private placement services, fairness opinions, and general business consulting to companies, financial groups, and high net worth individuals.
Our purpose is to bring to small and medium sized businesses the level of professional commitment and expertise which historically has been available only to the largest companies, those able to depend on close relationships with the investment banking industry.
Our philosophy
When the owners, stockholders, and managers who have created these smaller companies join Levco Group, we make it our business to understand what they most desire: the chance to bring their ventures to the next level of fruition. That may be divestiture for estate planning or personal liquidity, recapitalization for growth or modernization, merger for repositioning or distribution, or any one of many other customized strategies.
Levco Group understands that our partners have everything at stake, the health and reputations of their creations. We get to know each business and each principal precisely because each case demands its own methods and arrangements. We want to work toward mutually satisfying ends. Destructive tactics have no place in the Levco methodology. The considerations of a company’s name and its employees, vendors, distributors, and customers must all be included in the sort of genuinely cooperative ventures we wish to structure.
Intervention for its own sake is a deadly hazard in our field, and we at Levco Group are on our guard against it.
If mergers, divestitures, and recapitalizations have too often in the past spelled the beginning of harmful micromanagement and meddling in the running of companies with good operating histories, it is generally because the financial groups responsible did not know the businesses intimately enough to recognize their strengths, and tried to fix what was not broken.
In most cases, Levco does not seek to participate in the day to day management of a portfolio company. We prefer to remain active and engaged at the board level.
At the board levelActive and engaged, without running the company day to day.
Our focus
Levco Group understands that each business is special. Each has its own needs and particular concerns. In order to understand fully the unique qualities of a business, Levco devotes the very considerable amount of time it takes to learn from and work with senior managers, owners, and operators. There is no substitute for the engaged support and informed management which comes out of such a tight working relationship.
In most cases, big Wall Street investors and other large buyout firms are not willing to spend the time it takes to develop this sort of relationship, and they therefore lack the understanding which would permit them to analyze accurately the worth of a smaller company. Because we invest a substantial amount of our time before we invest our capital, we are able to evaluate more fairly the true value of a business. Thus Levco is able to identify the smaller companies which have the greatest potential, and to design the financial and management systems which will unlock it.
Investment criteria
Levco Group seeks to acquire manufacturing, distribution, and service companies with solid records of performance. Our investors, principals, and partner companies all have requirements which we take into consideration when we analyze a submission. The following outlines the criteria Levco commonly looks for in its transactions.
What our clients say
We had built a team of 30 scuba divers who retrieved golf balls from over 250 golf courses around the country. My number one priority was to make sure this team felt comfortable with any new owner or partner. Randy certainly made that happen.
I started a window installation business 25 years ago from scratch and was ready for a liquidity event and to transfer management and some ownership to my family’s next generation. Randy was instrumental in making that happen, explaining the process to us and getting us all to our end goal efficiently and effectively.
My partner and I built, acquired, and managed a chain of amusement parks across the country over a 20 year period. After several false starts trying to sell the business with various Wall Street firms, we were introduced to Randy who showed us his process, provided a realistic timeline, and closed on time with no hiccups. That is exactly what we were looking for.
Randolph M. Levinson is an investment banker and a private investor based in New York City. Founded in 1990, Levco Group, Ltd., the vehicle through which Mr. Levinson’s corporate investments are initiated and evaluated, has made several major transactions in real estate development projects, equity and debt financings, convertible bridge financings, and acquisitions. In addition, Levco has advised various middle market companies on acquisition strategies, investment plans, and other operating plans and systems.
Levco financing. Levco Group has its own pool of capital to draw upon for its portfolio acquisitions, capital derived chiefly from partnerships consisting of Levco’s principals and other institutional and individual partners. Levco also has access to substantial funds from banking and Wall Street sources. Several major pension, insurance, and corporate investors have indicated a strong interest in participating in future transactions.
Contact
Every submission is reviewed by a principal. We will reply with an honest indication of our interest level as quickly as the situation warrants.