JB46 LTH I: Patient Capital for Enduring Businesses

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We are excited to announce the launch of JB46 LTH I, our fourth investment vehicle, backing entrepreneurs building durable businesses over the long term.

LTH I will focus on supporting entrepreneurs pursuing disciplined consolidation strategies - roll-ups, buy-and-builds, Holdcos and Committed Capital Vehicles ("CCVs")- across Europe and North America. The vehicle is designed to capture microcap opportunities in fragmented and underserved markets, where patient capital and operational focus can create lasting value.

This launch is a natural extension of our platform and a step forward in supporting the continued evolution of entrepreneurship-through-acquisition investing. Building on the firm's decade-long track record of backing more than 190 search funds globally, LTH I will enable us to continue supporting the best entrepreneurial talent executing disciplined acquisition strategies.

In line with LTH I’s strategy, we have recently completed an initial investment in GRCS Trust, a permanent capital platform in North America focused on governance, risk, compliance, and security software.

Through LTH I, we aim to continue turning long-term capital and ETA expertise into lasting businesses and enduring partnerships.

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