# Levine Leichtman Capital Partners Completes Growth Investment in Concentric Energy Advisors

> Levine Leichtman Capital Partners completed a growth investment in Concentric Energy Advisors, the 11th platform deal for its Lower Middle Market Fund III.

- Published: 2026-11-04T19:21:23+00:00
- Section: Funding
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-04/levine-leichtman-concentric-energy-advisors-investment
- Source: [PR Newswire](https://www.prnewswire.com/news-releases/levine-leichtman-capital-partners-invests-in-concentric-energy-advisors-in-partnership-with-management-302929653.html)

## Key takeaways

- Levine Leichtman Capital Partners completed a growth investment in Concentric Energy Advisors in partnership with management, with financial terms undisclosed.
- Concentric is the 11th platform investment in LLCP Lower Middle Market Fund III, L.P.
- Concentric CEO Danielle Powers, President Dan Dane and Founder and Chairman John J. Reed will continue to lead the company, and employees will retain a substantial ownership stake.

[Levine Leichtman Capital Partners](https://akta.pro/company-profiles/00002mj/levine-leichtman-capital-partners) completed a growth investment in [Concentric Energy Advisors](https://akta.pro/company-profiles/000efpq/concentric-energy-advisors) in partnership with management, with financial terms not disclosed. [PR Newswire](https://www.prnewswire.com/news-releases/levine-leichtman-capital-partners-invests-in-concentric-energy-advisors-in-partnership-with-management-302929653.html) announced the deal on November 4, 2026. Concentric is the 11th platform investment in LLCP Lower Middle Market Fund III, L.P.

## Concentric's Utility Advisory Business

Concentric was founded in 2002 and is headquartered in Marlborough, Massachusetts. The firm advises electric, gas and water utilities and infrastructure investors, with particular expertise in utility rate cases and regulatory proceedings. Its services cover cost of capital, return on equity, revenue requirement, cost of service and rate design, depreciation, transaction and financing support, and regulatory strategy.

Concentric will continue to be led by Chief Executive Officer Danielle Powers, President Dan Dane and Founder and Chairman John J. Reed. Employees will retain a substantial ownership stake in the business. "We are thrilled to partner with LLCP, which brings deep industry knowledge along with the capital and experience to help us scale our business and continue delivering the exceptional service our clients expect," Powers said.

Matthew Rich, Partner at LLCP, said the firm sees opportunities to expand into adjacent utility service areas, recruit additional senior talent and pursue strategic acquisitions. Ted Jeon, Managing Director at LLCP, said utilities are investing at record levels to modernize and expand the electric grid. LLCP was advised by Honigman LLP and Concentric by Seyfarth Shaw LLP.

## Levine Leichtman's Recent Deal Activity

According to akta.pro [company records](https://akta.pro/company-data), Levine Leichtman agreed in January 2026 to sell its portfolio company Global Loan Agency Services to Oakley Capital, the second exit from its Europe II fund. Under LLCP ownership, GLAS grew its Assets under Administration from approximately $120 billion in 2021 to over $750 billion. The same records show LLCP acquired Signature Resolution, LLC, an alternative dispute resolution firm founded by former judges, from Lower Middle Market Fund III, with founders retaining significant equity ownership.

## Earlier LLCP Platform Deals

In August 2026, Pulse 2.0 reported that Levine Leichtman acquired Colt Group in partnership with management, adding the infrastructure services business to its portfolio. Colt, founded in 1981, provides emergency repair and asset integrity services to industrial and municipal customers. Third News reported the deal's financial terms were undisclosed and that Colt will continue under CEO Jason Box, marking LLCP's fifth platform investment from its VII fund.

## Companies in this story

- [Levine Leichtman Capital Partners company profile](https://akta.pro/company-profiles/00002mj/levine-leichtman-capital-partners) · website: http://llcp.com
- [Concentric Energy Advisors company profile](https://akta.pro/company-profiles/000efpq/concentric-energy-advisors) · website: https://ceadvisors.com/news-resources/news

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