Brentwood Associates
Growth equityLos Angeles · Growth–Late Stage · 35 people tracked
Also known as BRENTWOOD PRIVATE EQUITY, LLC
Investment thesis
Brentwood targets essential services companies with $20M-$500M revenue, strong EBITDA margins, and exceptional customer loyalty. The firm provides capital ($50-$200M equity checks) alongside operational expertise and a network of seasoned executives to drive growth through multiple channels: distribution expansion, sophisticated marketing, data-driven pricing, product innovation, and talent acquisition. Preferred investments are in resilient, non-discretionary industries with large addressable markets and proven organic or inorganic growth levers, such as education, digital health, veterinary services, HVAC, pest control, and automotive aftermarket.
Source: firm website, verified Aug 18, 2026.
Team · 35 people
from the firm's websiteWhat they invest in
from 11 of 45 portfolio companiesConsumer ×7EdTech ×4Digital Health ×3FoodTech ×3E-commerce ×2SaaS ×2AI & Machine Learning ×1Direct to Consumer ×1
HQs:United States×10
Investments · 45 tracked
founders shown can be your intro pathBy year:2016 · 22015 · 12012 · 14 dated
Co-investorsGoldner Hawn
Pasadena, US
John Davis(LLC Manager)Eric Rosenfeld(LLC Manager)Richard Wetzel(LLC Manager)William Phelps(LLC Manager)
ClassWallet provides a digital wallet platform for managing public funds securely and transparently, serving government agencies, nonprofits, and K-12 schools.
EdTechFintechGovTechMiami, US
Jamie Rosenberg(Founder and Executive Chairman)in
Co-investorsFlorida FundersMC CapitalStand Together Ventures LabTechstarsAlpaca VCEdovate Capital+2 more
Excelligence provides classroom products, curriculum, and teaching solutions for Early Childhood and Elementary educators and parents in the USA.
ConsumerE-commerceEdTech
US direct-to-consumer telehealth company selling prescription and OTC treatments online by subscription; NYSE-listed as HIMS.
Co-investors8VCA-Rod CorpIVP (Institutional Venture Partners)Maverick VenturesMcKesson VenturesNewView Capital+4 more
Co-investors7GC & CoAtomicCAVU Consumer PartnersCherubic VenturesDCM VenturesEQUIAM+9 more
Hissho Sushi supplies fresh, restaurant-style sushi prepared daily by trained chefs, distributed through venues such as grocery stores, hospitals, airports, and universities.
ConsumerFoodTechCharlotte, US
Jefferson Dental & Orthodontics is a family dentistry provider operating 60+ clinics across Texas, offering general and preventive care, orthodontics, restorative and cosmetic dentistry, and laser treatment.
Digital HealthWellness & Fitness
KeyMe operates automated kiosks using robotics and machine learning to provide key duplication and locksmith services, complemented by a nationwide network of locksmiths serving consumers and businesses.
AI & Machine LearningConsumerHardwareSaaSHebron, US
Greg Marsh(Founder & President)inMichael Katz(Director)Kristopher Borer(Executive Officer)Gregory Marsh(Executive Officer, Director)
BoardChristian Hernandez Gallardo(Director)Michael Brown(Director)in
Co-investorsBattery VenturesComcast VenturesEvolution VC PartnersHarmonic Growth PartnersLifeX VenturesMetaProp+4 more
Medbridge offers a healthcare software platform combining evidence-based online continuing education, patient care tools (including home exercise programs and remote therapeutic monitoring), and outcomes analytics.
Digital HealthEdTechSaaSSeattle, US
Justin Kowalchuk(Executive Officer, Director)Donovan Campbell(Chief Executive Officer)Jeff deCillia(Chief Financial Officer)Sarah Jacob(Chief Product Officer)Pete Gracey(Chief Revenue Officer)Daniel Valladao(General Counsel & Head of Operations)
Pacific Catch is a California-based seafood restaurant serving fresh, sustainably sourced dishes inspired by Pacific cuisine, and offers a customer rewards program with points and offers.
ConsumerSan Francisco, US
AARON NOVESHEN(Director)JEAN-PIERRE LACHANCE(Executive Officer)STEVE STODDARD(Executive Officer)TOM HANSON(Executive Officer)W.L. (SCOOTER) SIMMONS, JR.(Director)KEITH COX(Director)
Co-investorsPacific Community VenturesBrainstorm Ventures
Soft Surroundings sells women's apparel, offering seasonal clothing styles including tops in a range of fabrics and textures.
ConsumerDirect to ConsumerE-commerce
The Great Courses offers ad-free video streaming subscriptions with thousands of hours of educational courses taught by professors and subject matter experts, covering topics such as science, history, philosophy, art, health, hobbies, and finance.
ConsumerEdTechMedia & Entertainment
Next Level operates plant-based restaurants across North America, serving vegan burgers and menu items made with an animal-free supply chain, organic vegetables, and non-GMO ingredients.
ConsumerFoodTechImpact & Social GoodSanta Monica, US
Kevin Boylan(Executive Officer, Director)T. K. Pillan(Executive Officer, Director)T.K. Pillan(Founder)inSteve Heeley(Executive Officer, Director)Matt de Gruyter(Co-founder)Cierra de Gruyter(Co-founder)
Co-investorsLowercase Capital
Portfolio news
latest coverage across their companiesHims · gurufocus.com · Aug 21, 2026
Snooze · adweek.com · Jul 23, 2026

ClassWallet · tippahnews.com · Jul 17, 2026
Fund performance · per public LP disclosures · 4
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Brentwood Associates Private Equity VILPs: Los Angeles City Employees' Retirement System | 2017 | — | 17.1% | 1.61x | 0.64x |
| Brentwood Associates IV, L.P.LPs: Washington State Investment Board | 1983 | — | 10.9% | 2.20x | 2.17x |
| Brentwood Associates Private Equity IVLPs: The Regents of the University of California | 1983 | — | 10.9% | 2.17x | 2.17x |
| Brentwood Associates Private Equity IIILPs: The Regents of the University of California | 1981 | — | -0.2% | 0.98x | 0.98x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Brentwood Associates made?
- Brentwood Associates has 44 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does Brentwood Associates invest at?
- Brentwood Associates invests at the Growth, Late Stage stages.
- What is Brentwood Associates's typical check size?
- Brentwood Associates typically writes checks of $50M – $200M.
- What sectors does Brentwood Associates focus on?
- Brentwood Associates focuses on Consumer, Digital Health, EdTech, Healthtech, SaaS, Sector Agnostic.
- Where is Brentwood Associates located?
- Brentwood Associates is headquartered in Los Angeles, US.
- Who does Brentwood Associates co-invest with?
- Brentwood Associates most often shares deals with IVP (Institutional Venture Partners), Maverick Ventures, NewView Capital, among 37 tracked co-investors.
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