L Squared Capital Partners Completes Continuation Fund for BTX Precision

The private equity firm will support the next phase of growth for the manufacturing company.

Apr. 1, 2026 at 2:45pm

L Squared Capital Partners, a private equity firm based in Newport Beach, California, has completed a continuation fund to support the next phase of growth for BTX Precision, a manufacturing company in its portfolio. The continuation fund will provide additional capital and resources to help BTX Precision expand its operations and market reach.

Why it matters

Continuation funds have become an increasingly common tool for private equity firms to extend their investment horizon in successful portfolio companies. This move by L Squared Capital Partners demonstrates their confidence in BTX Precision's long-term potential and their commitment to helping the company achieve its growth objectives.

The details

The continuation fund will allow L Squared Capital Partners to maintain its ownership stake in BTX Precision and continue to provide strategic guidance and operational support to the company. BTX Precision is a manufacturer of precision components and assemblies for a variety of industries, including aerospace, defense, and medical technology.

  • L Squared Capital Partners completed the continuation fund on April 1, 2026.

The players

L Squared Capital Partners

A private equity firm based in Newport Beach, California that invests in middle-market companies.

BTX Precision

A manufacturing company that produces precision components and assemblies for various industries, including aerospace, defense, and medical technology.

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The takeaway

This continuation fund demonstrates L Squared Capital Partners' long-term commitment to BTX Precision and their belief in the company's ability to continue growing and expanding its market presence. It also highlights the increasing use of these types of funds in the private equity industry as a way to extend investment horizons and support the growth of successful portfolio companies.