Forstmann Little & Company

Forstmann, Little & Company
Company typePrivate ownership
IndustryPrivate equity
Founded1978
FounderTed and Nick Forstmann and Brian Little
Defunct2015 (2015)
HeadquartersNew York, New York, United States
ProductsLeveraged buyout, Growth capital

Forstmann, Little & Company was an American private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the internet and telecom bubbles, having invested heavily in technology and telecommunications companies. Following the death of the last surviving founder, Theodore Forstmann, in 2011, the firm was dissolved and its assets sold off. It closed in May 2014.