Lake Capital is a private equity and venture capital firm specializing in investments in buyouts. The firm also invests in add-on acquisitions, organic and acquisition-enhanced growth, management buy-outs, partial recapitalization, and growth capital. The firm seeks to invest in middle market companies and specialized start-ups. It prefers to invest in service based businesses with a focus on marketing services, financial services, operation and infrastructure related services, specialty services, telecommunication services, healthcare services, specialty consumer services, technology services, and business process outsourcing services. The firm seeks to invest between $40 million and $75 million in companies with EBITDA of minimum $4 million and revenues between $25 million and $75 million. Lake Capital was founded in 1998 and is based in Chicago, Illinois.