Target Profile
- Lower/middle-market companies ($2MM < EBITDA < $10MM)
- Low Debt/EBITDA multiple
- Acquisition and Growth Finance (plus other selective opportunistic deals)
- Strong growth companies (non-distressed)
- Positive cash flow history with strong balance sheet
- Time-sensitive needs
- Industry
agnostic (no start-ups or real estate)
- Geographically
diverse (North America only)
Deal Structure
Amount:
$2 - $10 million +
Security: 1st & 2nd lien secured loans; mezzanine; junior debt
Term:
6 month (bridge) – 5 year term loan
Interest:
High yielding, fixed coupon
Amortization: Self-liquidating, straight-line or
balloon
Equity Kicker: Penny warrants
(unsponsored transactions)
