Financials

People

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Topspin Partners

Company

Investment-firm

Financing round

General

About Company
Topspin Partners is a venture capital firm that builds great companies.

Industry

Sector :

Subsector :

Keywords :

founded date

07.07.2000

Number of employees

IPO status

Private

Description

Topspin Partners, a leading representative office of defined VC located in Roslyn Heights, was established in the United States and focuses on investing in startups in the Health Care and Genetics sectors. The firm prefers startups with a single founder and those that are 4-5 years old. They have a higher rate of exit commitments compared to other organizations and typically invest in rounds with 4-5 participants. Topspin Partners, which was created by Leigh J. Randall, Leo Guthart, and Stephen M. Lebowitz, is the successor fund to the Long Island Venture Fund and is affiliated with Renaissance Technologies.
Contacts
Sub-Organizations
1
Topspin LBO

Topspin LBO

Topspin Partners LBO acquires smaller middle-market companies across the US.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Finance, Venture Capital

Location

Roslyn Heights, NY, USA

count Of Investments

1
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CrossWork.us

CrossWork.us

CrossWork is a Los Angeles-based venture capital firm investing in PreIPO companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Venture Capital, Financial Services, Finance

count Of Investments

13
Bestport Ventures

Bestport Ventures

Bestport Ventures provides development capital to smaller fast-growing companies in the UK.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

London, UK

count Of Investments

13

count Of Exists

5
Bodley Group

Bodley Group

Bodley Group is a venture capital firm that invests in seed- and growth-stage technology companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

St. Louis, MO, USA

count Of Investments

13

count Of Exists

4
Bay Partners

Bay Partners

Bay Partners is a venture capital firm that funds information technology and healthcare businesses.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Menlo Park, CA, USA

count Of Investments

154

count Of Exists

65

Financials

Investments
38
Date 
name 
Lead 
type 
Raised 
Mission Product Holdings

Mission Product Holdings

Mission Athletecare develops athlete-engineered products to enhance performance in training and competition.

Sector

Leisure Goods

Subsector

Recreational Products

Location

New York, NY, USA

total rounds

2

total raised

$35M
Coop Home Goods

Coop Home Goods

Coop designs and markets branded adjustable memory-foam pillows and other bedding accessories.

Sector

Household Goods and Home Construction

Subsector

Household Equipment and Products

Keywords

Health Care, Manufacturing, Consumer Goods

Location

Pico Rivera, CA, USA

total rounds

2
SportPet

SportPet

SportPet manufactures and markets pet products, including kennels and beds for pets.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Miscellaneous Consumer Staple Goods

Location

Waukesha, WI, USA

total rounds

1
Co-Investors
Acquisitions
5
Acquiree Name 
Date 
Price 
Acquisition Name 
Japonesque acquired by Topspin Partners

Japonesque acquired by Topspin Partners

acquirer

Topspin Partners
Topspin Partners

date

24.09.2019

type

Acquisition
Japonesque

Japonesque

Japonesque is a beauty products company based in San Ramon, California.

Sector

Personal Goods

Subsector

Cosmetics

Keywords

Beauty, Cosmetics

Location

San Ramon, CA, USA

total rounds

3
Pure Enrichment acquired by Topspin Partners

Pure Enrichment acquired by Topspin Partners

acquirer

Topspin Partners
Topspin Partners

date

01.10.2017

type

Acquisition
Pure Enrichment

Pure Enrichment

Pure Enrichment manufactures premium home, health, and personal care products.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Miscellaneous Consumer Staple Goods

Keywords

Health Care, Manufacturing, Personal Health

Location

Huntington Beach, CA, USA
Palmetto Moon acquired by Topspin Partners

Palmetto Moon acquired by Topspin Partners

acquirer

Topspin Partners
Topspin Partners

date

07.11.2016

type

Acquisition
Palmetto Moon

Palmetto Moon

Palmetto Moon is a retailer of apparel, giftware, and accessories.

Sector

Retailers

Subsector

Apparel Retailers

Location

Charleston, SC, USA

total rounds

2

total raised

$34.5M
Exits
8
Pionetics

Pionetics

Pionetics is an innovative water technology company that develops smart water treatment products.

Sector

Gas, Water and Multi-utilities

Subsector

Water

Location

San Carlos, CA, USA

total rounds

4

total raised

$12.94M
Game Trust

Game Trust

Game Trust provides infrastructure for community and commerce apps in the online games and entertainment industry.

Sector

Leisure Goods

Subsector

Electronic Entertainment

Location

New York, NY, USA

total rounds

2

total raised

$1.5M
TeraLogic

TeraLogic

TeraLogic designs integrated circuits, software, and platforms for digital TV.

Sector

Telecommunications Equipment

Subsector

Telecommunications Equipment

Location

Mountain View, CA, USA

total rounds

2

total raised

$22.5M

People

Founders
3

Stephen M. Lebowitz

Steve is a Managing Director and co-founder of Topspin LBO. He currently serves on the board of directors of GHS Interactive Security, Hart Systems, The Tiffen Company, New Whey Nutrition, Moose River Media, Pulse Veterinary Technologies, Stagnito Media and Two-Twenty Records Management. He also served on the board of Coastal Security Company prior to its sale in November 2005. Prior to joining Topspin, Steve was a corporate attorney at Kirkland & Ellis, one of the world's leading law firms focused on private equity transactions. At Kirkland & Ellis, he led numerous merger and acquisitions transactions with a focus on middle-market leveraged buyouts. Prior to that, he was an attorney at Cahill, Gordon & Reindel, where he specialized in mergers and acquisitions and securities deals. Steve received his AB from Harvard College in 1992, and his JD from Harvard Law School in 1995.

current job

Topspin Partners
Topspin Partners

Stephen M. Lebowitz

Leo Guthart
Leo Guthart

Leo Guthart

Leo Guthart, Founder, Chairman and CEO of Topspin Partners, LP of New York, a high tech venture capital and private equity firm based on Long Island New York. Before forming Topspin Partners, LP Leo was the President, CEO and Chairman of Ademco, which he joined in 1964. Under his tenure, Ademco grew from a fledgling manufacturer to become the Pittway Corporation Security Group, a $1.5 billion enterprise. This group encompasses the world's largest manufacturer and distributor of security systems, in addition to a number of security-related businesses. Leo currently serves as a trustee for the Acorn Group of Funds. He also serves as a Board member of Symbol Technologies (NYSE:SBL), the Aptar Group (NYSE:ATR). He is also a member of the board of trustees of Hofstra University, where he served as Chairman from 1993-1996. Leo received his A.B. in Physics from Harvard College and his MBA from Harvard Business School where he was a Baker Scholar. He also received a Doctorate from Harvard Business School with a specialty in Corporate Finance and served on the faculty there where he was a Ford Foundation Fellow.

current job

Topspin Partners
Topspin Partners

organization founded

1

Leo Guthart

Leigh J. Randall
Leigh J. Randall

Leigh J. Randall

Leigh is a Managing Director and co-founder of Topspin LBO. He currently serves on the board of directors of GHS Interactive Security, Hart Systems, New Whey Nutrition, Moose River Media, Pulse Veterinary Technologies, Stagnito Media and Two-Twenty Records Management. Prior to joining Topspin, Leigh served as Chief Financial Officer of Stonewater Spas, a market-leading operator and consolidator of day spas. In his role as the number two company executive at Stonewater Spas, Leigh managed all acquisition activity and oversaw the finance and accounting functions, growing the company from three locations with $1.5 million in annual revenues to 22 locations with over $40 million in annual revenues. From 1999 to 2001, Leigh served as Executive Vice President of Corporate Development of Small World Media, a New York-based game software developer, where he had overall revenue responsibility and headed all business-side activities including setting company vision and strategy, managing marketing and sales and negotiating strategic business deals. From 1998 to 1999, Leigh was a consultant at McKinsey & Company in New York, where he worked on client engagements in the financial institutions group. Prior to McKinsey, from 1996 to 1998, he was a corporate attorney at Cravath, Swaine & Moore in New York where he worked on securities and mergers and acquisitions transactions. Mr. Randall received his AB from Duke University where he graduated summa cum laude and third in his class, and his JD from Harvard Law School in 1995 where he graduated magna cum laude and served as an editor on the Law Review.

current job

Topspin Partners
Topspin Partners

organization founded

1

Leigh J. Randall

Employee Profiles
10
Ekta Sharma

Ekta Sharma

Principal

Ojas Vahia

Ojas Vahia

Partner

Stephen Parks

Partner

Leigh J. Randall

Leigh J. Randall

Managing Partner

Steve Winick

Steve Winick

Managing Director

Leo Guthart

Leo Guthart

Managing Partner

Walter B. Kissinger

Walter B. Kissinger

Managing Director

Austin Ramos

Associate

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