Investment to Fuel Organic Growth, Expand Go-to-Market, and Drive Strategic Acquisitions
NEWPORT BEACH, Calif., November 04, 2025—L Squared Capital Partners (“L Squared”) has revealed a substantial growth investment in Ergo, a firm specializing in technology-driven geopolitical and strategic intelligence. For almost two decades, Ergo has provided data-driven insights that assist prominent corporations, financial institutions, and government entities in anticipating global risks and opportunities, enabling them to formulate strategic responses. This investment marks L Squared’s fifth platform investment from its Fund IV, which totals $840 million and was finalized in April 2023. The management team at Ergo will maintain a significant ownership stake in the firm, highlighting their dedication to the company’s ongoing success and their clients.
Established in 2006 and located in New York City, Ergo equips clients with actionable foresight that is crucial for navigating the rapidly evolving global landscape. The company aids clients in understanding “the geopolitical/technological supercycle” through its Flashpoints Forum—a membership community founded on probabilistic forecasts, real-time intelligence, and exclusive programming. Ergo also offers Bespoke Solutions and Due Diligence services, providing customized intelligence that includes opportunity assessment, market analysis, competitive positioning, and evaluation of investment targets to inform high-stakes strategic and investment decisions.
“Ergo is a founder-led, technology-enabled service provider in a sector where proprietary insights and trust are paramount,” stated Randall Hunt, Managing Partner at L Squared. “We are thrilled to collaborate with R.P. Eddy and the Ergo team to enhance the company’s standing as a global leader in intelligence and advisory services at the crossroads of geopolitics, technology, and economics.”
According to R.P. Eddy, Founder and CEO of Ergo, “L Squared’s partnership not only enhances Ergo’s capabilities but also widens the intelligence gap between organizations that will prosper and those struggling to recover from every disruption. Their expertise in scaling technology-enabled services will help us quicken our product innovation, broaden our market reach, and provide even greater value to our clients. We appreciate their long-term support of our mission-driven team.”
“Ergo provides the actionable intelligence that global organizations increasingly depend on,” noted Brian Scott, Principal at L Squared. “We are eager to support the team in accelerating the growth of the Flashpoints Forum and pursuing strategic acquisitions to enhance Ergo’s offerings.”
For this transaction, Ergo received advisory services from Equiteq (financial advisor), Fox Rothschild LLP (legal counsel), and Ballast Consulting Group (operational finance). L Squared was advised by Clearsight Advisors (financial advisor) and Skadden, Arps, Slate, Meagher & Flom LLP (legal counsel).
About L Squared Capital Partners
L Squared Capital Partners is a private equity investment firm managing over $2 billion in equity commitments. Based in Newport Beach, CA, L Squared focuses on making long-term investments in high-growth companies across targeted sectors, including Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. The firm’s diverse investor base, comprising family offices and institutional investors, allows it to prioritize long-term value creation through revenue and earnings growth rather than financial engineering or market timing. The principals at L Squared have collaborated for more than 15 years and boast over 125 years of collective experience in investing in growing private companies.
About Ergo
Founded in 2006 and based in New York, Ergo stands as a prominent geopolitical and strategic intelligence firm assisting global corporations, financial institutions, and governmental bodies in navigating intricate risks and opportunities. The company’s platform, honed over nearly two decades, integrates advanced analytics, insights from a vast network of global advisors, and deep client engagement to produce actionable intelligence. Ergo empowers clients to foresee changes and prepare for their bottom-line impacts before they materialize.
This content is provided solely for informational purposes and does not constitute investment advice or an offer to purchase any investments. Engaging with any investment firm is appropriate only for qualified investors who fully comprehend the associated risks. L Squared Capital Partners is registered as an investment adviser with the United States Securities and Exchange Commission. Registration does not signify a particular level of skill or training. Investments through L Squared Capital Partners are made in compliance with applicable securities laws.
