About Lone Star Funds
Lone Star Funds, established in 1995, is a private debt fund primarily based in Apopka, United States. It specializes in financing PE round of companies based in Ireland. Its portfolio includes 3 firms, spanning the Energy Tech, Environment Tech sectors.
As of Jul 2026, Lone Star Funds has witnessed 2 portfolio exits so far. Its most notable investments are Verizon Wireless, Gaelectric and Lone Star Steakhouse.
Its latest investment was a Undisclosed PE round in Gaelectric on Feb 14, 2016.
Key Metrics
Founded Year
1995
Location
Apopka, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
PE
Locations of Investment
Lone Star Funds' List of All Investments
Lone Star Funds has a portfolio of 3 companies. Their most notable investments include Verizon Wireless and Gaelectric.Their portfolio spans across United States and Ireland. They have invested in Energy Tech, Environment Tech, High Tech and 2 other sectors, across stages such as PE stage. Here is the list of all investments by Lone Star Funds:Verizon: Wireless, internet, TV, phone services, and digital inclusion. A telecommunications company providing a wide array of services including wireless communication, home internet solutions like Fios and 5G Home Internet, TV and phone services. They offer mobile plans, smartphones, tablets, and accessories. The company focuses on digital inclusion through programs like Verizon Innovative Learning, aiming to bridge the digital divide. They provide support, deals, and various products and plan perks. They also emphasize corporate social responsibility through environmental efforts, skill-building programs, and support for small businesses. The website offers account management features like sign-in, bill payment, and access to support resources.
Key facts about Verizon Wireless
- Founded Year: 2000
- Location: Columbia (United States)
- Stage: Acquired
- Employee Count: 117,100 as on Dec 31, 2022
- Investors: Venezia Capital, Lone Star Funds and 3 Others
- Latest Funding Round: Conventional Debt, $*****
- Highlight: Acquired
2. Gaelectric
eGaelectric’s business has focus on shore wind energy development and operations on the island of Ireland, energy storage systems and off-shore energy development . Gaelectric is a significant developer and operator of wind energy projects in Northern Ireland. The company uses compressed air storage technology and store energy deep underground. Gaelectric has offices in Dublin, Belfast, Chicago and Great Falls, Montana.
Key facts about Gaelectric
- Founded Year: 2004
- Location: Ringsend (Ireland)
- Stage: Deadpooled
- Total Funding till date: $9.25M
- Investors: Norddeutsche Landesbank, Lone Star Funds and 4 Others
- Latest Funding Round: Grant (prize money), May 31, 2018, $*****
Key facts about Lone Star Steakhouse
- Founded Year: 1989
- Location: Jackson (United States)
- Stage: Acquired
- Employee Count: 274 as on May 31, 2026
- Investors: Lone Star Funds and Carrac Capital Partners
- Highlight: Acquired
Lone Star Funds' Investments by Stage
Lone Star Funds has made 1 investment in PE stage.Lone Star Funds' Investments by Sector
Lone Star Funds has a diverse portfolio, with companies operating in the Energy Tech, Environment Tech, High Tech and Sustainability Tech. Notably, it has invested in 2 Enterprise (B2B) companies, 1 Consumer (B2C) company, 1 Social impact company and 1 company focusing on Tech.Sector | No. of Investments |
|---|---|
Energy Tech | 1 |
Environment Tech | 1 |
High Tech | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Lone Star Funds' Investments by Geography
Lone Star Funds has made most investments in Ireland (1).Lone Star Funds' recent investments
Lone Star Funds has not made any investment in 2026 so far.Here are the most recent investments by Lone Star Funds:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 14, 2016 | Ireland | PE | 4271 | - |
Acquired companies in Lone Star Funds' Portfolio
2 companies from Lone Star Funds' portfolio have been acquired. The most recent acquisition was Verizon Wireless in Mar 2015 by American Tower for $*****.Here are Lone Star Funds' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 30, 2015 | - | - | 2102 | |
Dec 01, 2013 | - | - | 6617 |
Co-investors of Lone Star Funds
Over the past 10 years, 4 investors have co-invested in Lone Star Funds's portfolio companies. This includes only funds.
- Invested before Lone Star Funds: Norddeutsche Landesbank, BlueBay Asset Management and 2 others have invested in rounds before Lone Star Funds. There is 1 company where Norddeutsche Landesbank has invested before Lone Star Funds and 1 company where BlueBay Asset Management has invested before Lone Star Funds.
Recent News related to Lone Star Funds
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Continental AG Sells ContiTech Group Sector to Lone Star Funds for 4.0 Billion EurosWebDisclosure•Jul 04, 2026•Continental, Lone Star Funds, Contitech
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Harvest Properties, Lone Star Recap San Francisco Office TowerCommercial Property Executive•May 27, 2026•Harvest Properties, Lone Star Funds
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MG Properties Acquires Reserve at Spring Creek from Lone Star FundsThemiddlemarket•May 22, 2026•G Properties, Lone Star Funds
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Lone Star Funds Completes Acquisition of DOMO Engineered MaterialsBusiness Wire•May 12, 2026•Domo Chemicals, Lone Star Funds
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Lone Star Closes Acquisition of Alliance Ground InternationalPeprofessional•Mar 31, 2026•Lone Star Funds, Myfbm, American Securities, Audax Private Equity
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PTSB sets late-March for second round takeover bids as Bawag and Centerbridge circleThe Irish Times•Mar 04, 2026•PTSB, Centerbridge Partners, Lone Star Funds, BAWAG Group
