UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
03-31-2022
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
P2 Capital Partners, LLC
Address:
590 Madison Avenue
25th Floor
New York, NY 10022
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Jason Carri
Title:
Chief Financial Officer
Phone:
212-508-5500


Signature, Place, and Date of Signing:

/s/ Jason Carri
                         [Signature]
New York, NEW YORK
                 [City, State]
05-16-2022
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
22
Form 13F Information table Value Total:
1057082
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
1 800 FLOWERS COM INCCL A68243Q1065,752450,771SHDFND450,771 0 0
ACADIA HEALTHCARE COMPANY INCOM00404A109110,4181,685,000SHDFND1,685,000 0 0
ACI WORLDWIDE INCCOM00449810157,4921,825,715SHDFND1,825,715 0 0
AVIENT CORPORATIONCOM05368V10649,7971,037,435SHDFND1,037,435 0 0
BLUCORA INCCOM09522910035,1901,800,000SHDFND1,800,000 0 0
BRINKS COCOM10969610454,300798,533SHDFND798,533 0 0
CBIZ INCCOM124805102146,3093,486,031SHDFND3,486,031 0 0
CDK GLOBAL INCCOM12508E10154,1891,113,175SHDFND1,113,175 0 0
ENVESTNET INCCOM29404K10632,677438,969SHDFND438,969 0 0
EVOQUA WATER TECHNOLOGIES COCOM30057T10553,2461,133,375SHDFND1,133,375 0 0
FULLER H B COCOM35969410656,742858,813SHDFND858,813 0 0
HOLLEY INCCOM43538H10350,5303,632,639SHDFND3,632,639 0 0
INOTIV INCCOM45783Q10077,1512,946,961SHDFND2,946,961 0 0
LIVANOVA PLCSHSG5509L10153,319651,583SHDFND651,583 0 0
MIRION TECHNOLOGIES INCCOM CL A60471A10122,4862,786,377SHDFND2,786,377 0 0
NEXSTAR MEDIA GROUP INCCL A65336K10325,419134,863SHDFND134,863 0 0
OUTFRONT MEDIA INCCOM69007J10678,2702,753,071SHDFND2,753,071 0 0
PREMIER INCCL A74051N10218,941532,201SHDFND532,201 0 0
PRIMO WATER CORPORATIONCOM74167P10814,2501,000,000SHDFND1,000,000 0 0
RADNET INCCOM7504911024,474200,000SHDFND200,000 0 0
TENNANT COCOM88034510339,400500,002SHDFND500,002 0 0
UPLAND SOFTWARE INCCOM91544A10916,730950,000SHDFND950,000 0 0