LLR Partners picks ex-US assistant Secretary of State as operating partner


John Hillen LLR PartnersMid-market focused private equity firm LLR Partners has hired former Assistant US Secretary of State John Hillen as an operating partner.

Hillen, who held the role for political-military affairs between 2005 and 2007, was most recently president and CEO of Sotera Defense Solutions which listed on the public markets in 2009.

Prior to his business career, Hillen worked as a military policy expert and served as a US Army officer for 12 years.

LLR said his new role would see him evaluating new investment opportunities in the security, defence and government services sectors as well as supporting existing portfolio companies.

Dave Steines, a partner at LLR, said, “John is a thought leader within the government contracting industry and a deeply experienced executive.

“He has executed the same growth strategies and led businesses through the same challenges that our companies face today.

“John built a sub-$100m business into a $300m business, while dramatically diversifying the company and placing it in areas of importance within its government client community.

“The depth of his operational and industry experience will make John an invaluable advisor, board member and mentor to our portfolio company CEOs.”

Hillen said, “I am excited for the opportunity to work with LLR and help more government contractors grow by drawing from my own lessons learned as a CEO and federal official.

“There are few private equity firms as knowledgeable about this sector and as committed to putting capital towards its growth.”

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