Forstmann Little & Company
Defunct private equity firm, specializing in leveraged buyouts (LBOs) / From Wikipedia, the free encyclopedia
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Forstmann, Little & Company was a private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the internet and telecom bubbles, having invested heavily in technology and telecommunications companies.[1] Following the death of the last surviving founder, Theodore Forstmann, in 2011, the firm was dissolved and its assets sold off. It closed in May 2014.[2]
Quick Facts Company type, Industry ...
Company type | Private ownership |
---|---|
Industry | Private equity |
Founded | 1978[1] |
Founder | Ted and Nick Forstmann and Brian Little |
Defunct | 2015 (2015) |
Headquarters | New York, New York, United States |
Products | Leveraged buyout, Growth capital |
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