LENDER-GC24I10805EB000125
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Subordinated debt lender and and equity co-investor
– Loans and investements ranging from $3 million to $12 million
– Loan maturities between 3 to 8 years
– Current pay coupon rates of 10% to 14%, with additional PIK coupon and/or warrants to achieve desired overall return
– They do sponsor-backed deals but will consider non-sponsored deal
– They provide mezzanine financing and non-control equity
– May consider springing control if the industry sponsor is not investing equity
– Not interested in restaurant, retail, and real estate
– Prefer specialists rather than generalists
– Ideally looking for recurring revenue or revenue visibility
Investment Criteria:
– Minimum annual revenues of $10 million
– Minimum EBITDA of $2.0 million
– Demonstrable and sustainable competitive advantages
– Defensible market niche
– Proprietary products or processes
– Distribution channel prominence
– Leading market share