Mezzanine

Mezzanine

Our strategy is to build long-term relationships with experienced private equity investors by providing financing certainty, add-on investment capacity and taking a partnership approach to building value.

Investment Criteria

Our debt financing capabilities span subordinated debt, unitranche and second lien structures, and we can provide equity co-investment capital in conjunction with credit or on a standalone basis. We invest in cash-flow oriented businesses with EBITDA of $3 million or greater and with opportunities for growth both organically and through acquisition. We typically invest $5-25 million in subordinated debt and equity and can arrange larger loans through relationships with our limited partners or other mezzanine lenders.

Investment Criteria

Investment Amount

  • $5-25 million in companies with $3 million of EBITDA or greater

Investment Types

  • Buyouts, recapitalizations, acquisitions, refinancings, growth capital

Investment Structures

  • Subordinated debt, unitranche, second lien
  • Equity co-investment

Target Company Characteristics

  • Proven value proposition
  • Defensible competitive advantages
  • High free cash flow from operations
  • Experienced management teams
  • Strong equity sponsorship

Industry Focus

  • Business/Industrial Services
  • Distribution/Logistics
  • Healthcare Services
  • Tech-enabled Services
  • Marketing Services
  • Niche Manufacturing
  • Training/Education

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