capital partners for independent sponsors

Kirtland can support independent sponsor led transactions as the control-equity investor. Kirtland can support independent sponsor led transactions as the control-equity investor. In each case, our capital structure allows for creative financing solutions that work for everyone involved, and . accesscappartners.com, independentsponsorfinancing.com | independentsponsormodel.com| fundlesssponsorcapital.com Since our formation in 2012, we have closed more than 35 investments with independent sponsors. Farragut Capital Partners is a privately held investment firm offering subordinated debt and private equity capital to entrepreneurs, business owners, private equity firms, and independent sponsors. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. Whereas some independent sponsors are keenly interested in being involved in the companys operations, others are more strategic minded, preferring more passive board roles. We believe our investment flexibility and ability to customize our investment and equity participation to the unique features of each transaction sets us apart in the transactional finance industry. Elizabeth operates at the cross-section of finance and psychology. Weve coached hundreds of Independent Sponsors through the business-buying process in the last 26+ years. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in today's evolving market. 2. CohnReznick LLP is a member firm of the Nexia International network. We've changed the way the independentsponsorssecurecapital and strive to be aninnovator in the space. Private equity value creation: Accelerate growth with strategic, smooth M&A. They are now emerging from the mayhem and have demonstrated that they are good business owners. In an M&A market that is unpredictable and uncertain, its strategic investors time to shine. Don't get frustrated dealing with an 800 number or national chain insurance providers. We provide an extensive list of Insurance products to suit whatever your needs may be. We invest a significant amount of capital out of our general partnership into every deal. If you bring a proprietary deal, at an attractive valuation, with a solid management team and growth plan to the table, you should be rewarded with superior fundless sponsor economics. Here are 3 traits shared by great independent sponsor funding sources: The proposedindependent sponsor economics(transaction fee / promote, carried interest or ownership / ongoing management fee) are designed to reward the sponsor for the value delivered and to incentivize them to grow the business being acquired. During the honeymoon period of the transaction, its easy for things to go well. They are my go to shop for financing for my portfolio companies. Top 200 H1B Sponsors. The larger middle market funds like this strategy and business thesis but dont have the time or resources to source and secure sub-$5 million EBITDA businesses. CAPITAL RAISING FOR INDEPENDENT SPONSORS GET IN TOUCH Greg Tobben m 314.458.8186 gtobben@accesscappartners.com Tel: 314.783.9550 www.accesscappartners.com www.independentsponsorfinancing.com www.independentsponsormodel.com Access Capital Partners 7733 Forsyth Blvd. What economics have they provided sponsors in the past? Get to know Douglas Song, Alberto Garofalo, and Matthew Cohen as they share insights as members of the independent sponsor community. our whole focus is to not only raise the capital for your deal, but give you peace of mind that you are getting the best economics the market has to offer. In each case, our capital structure allows for creative financing solutions that work for everyone involved, and oftentimes the ability to get deals done others can't. We have become very familiar with both the economic and business objectives of independent sponsors, and have gained an appreciation for the variety of approaches independent sponsors have with respect to their role in a target company post-closing. Securities offered through GT Securities, Inc., member FINRA, SIPC. "I started Dynasty with my partners more than 12 years ago to address a glaring problem. As a firm principally dedicated to investing in non-traditional buyouts and other leveraged transactions, we have the institutional expertise and flexibility to understand and structure a customized capital solution for independent sponsor deals. Max. Peninsula Capital Partners was among the first, if not the very first, junior capital investment firm founded with the strategic focus of investing in situations in which a traditional buyout firm is not leading (a.k.a., sponsoring ) the transaction. Since 2013, Dave has taught an MBA course at Ross titled Entrepreneurship through Acquisition. We rely on our network of independent sponsor partners to source investment opportunities. Nexia International Limited and each of its member firms are separate legal entities and not part of a worldwide partnership. Be careful not to fall into the trap of accepting below market economics if you can avoid it. Historically, we saw traditional lower middle market private equity firms leading the way with independent sponsors. Due to our success, we now have our own fund. Our goal is simple: build value through building the business. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. Access Capital Partners is an investment bank focused on raising capital for independent or fundless sponsor acquisitions and recapitalizations. In my opinion, Crux Capital as an independent sponsor is a much better partner for sellers of businesses than a private equity fund. Florida court: No homestead tax exemption on exclusively rented residence, Pre-award compensation considerations: The best things in life arent free, Sun joins CohnReznick as Principal, Cybersecurity, Real estates pivot to purpose: Plan around people first. You want him on your team. We strive to deliver competitive, flexible capital solutions with the right capital partners to support both . Before Peninsula, Dave spent 10 years at Strength Capital Partners, a committed capital and independent private equity firm in Birmingham, MI. I recently participated in the 10th Independent Sponsors Summit presented by iGlobal Forum. We are still looking to invest in great deals, including those sourced by independent sponsors. Independent Sponsors Experience - Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. The changing influence of capital providers. This is something smaller funds cant do. Many independent sponsors came with deep operating expertise, complementing the strength of their existing deal teams. Quadec seeks to align companies and management teams with the appropriate capital structure to create enduring value. From refining your thesis, marketing your deal, negotiating great Independent Sponsor . I would recommend FCP for any capital raising, transaction or sale oriented services. We will not spam, rent or sell your email. For an independent sponsor, time is your most precious resource. Thanks to them we got great economics, did a number of add-ons with a great partner. I am happy to discuss at any time. Most importantly, we were personally inspired by the gracious manner you brought to each discussion your presence elevated us in an impactful way and made us all better! Embracing the independent sponsor model, we raise debt and equity for acquisitions on a deal-by-deal basis while aiming to accelerate the financing process and protect sponsor economics and fees. e first step is downloading our White Paper. Post transaction, we seek to be an active partner, providing board level support and if necessary, additional capital for further growth. The proposed independent sponsor economics (transaction fee / promote, carried interest or ownership / ongoing management fee) are designed to reward the sponsor for the value delivered and to incentivize them to grow the business being acquired. ISS and Glass Lewis Endorsed Hestia's Case for Meaningful Boardroom Change at Pitney Bowes and . When we call with a deal, they pick up the phone. Quadec Private Capital is an independent private capital firm pursuing investments in outstanding companies in the United States with EBITDA between $2 million and $20 million. What should independent sponsors look for in a capital partner? Find the Right Partner. Website. Day and night, week-in and week-out. Bassett Creek will forever be grateful to Frisch Capital. Outside of work, Dave enjoys a wide variety of outdoor activities, traveling, and coaching or cheering on his children. Prior to founding Quadec Private Capital, Dave was a partner at Peninsula Capital Partners, a private equity and mezzanine capital provider in Detroit, MI focused on lower middle market transactions with independent sponsors. I cannot say it any more strongly than this - Bob saved my company. A PROVEN RESOURCE TO INDEPENDENT SPONSORS Peninsula Capital Partners was among the first, if not the very first, junior capital investment firm founded with the strategic focus of investing in situations in which a traditional buyout firm is not leading (a.k.a., "sponsoring ") the transaction. Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. As an independent sponsor financing firm, Access Capital Partners has put together a brief overview that outlines how independent sponsors can both maximize their independent sponsor economics, as well as achieve long term majority ownership of the businesses in which they invest. Family offices, while still a viable provider of capital, are losing out to traditional private equity, which has stepped up in providing competitive economics. Grade. Monroe Capital Announces Strategic Minority Investment by Bonaccord Capital Partners / Aberdeen Standard Investments March 03, 2021 06:00 AM Eastern Standard Time Prospective capital partners are just getting to know them, and the independent sponsor doesnt yet have an established track record or credibility. We'll gladly provide guidance on transaction viability, structures and capital alternatives to help you refine which opportunities to pursue. Our extensive experience with independent sponsor transactions has allowed us to develop a deep understanding of the issues that are most important to them, and how to productively collaborate to identify and execute the most efficient and effective approach to close a deal. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. The medium- to longer-term implications of policies implemented by the new administration are also a consideration, but that doesnt seem to be slowing things down. Building the business. Client data, emails, calls, agreements, regulatory requirements, etc. Unfortunately, we often hear horror stories from independent sponsors about capital partners that re-trade deals, back out at the last minute or become less than ideal partners after a transaction closes. We havepartnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Componentsand EnviroScience. Through years of raising capital in all types of situations and environments, ACP has developed a nuanced approach to consistentlyand efficiently secure the capital to support independentsponsors' acquisitions and recapitalizations. I would recommend FCP for any capital raising, transaction or sale oriented services. The runway a capital provider may give to the independent sponsor in terms of running the day-to-day and ongoing strategy of the portfolio company. Well be the answer to your questions, the sounding board when youre frustrated, and the first to toast you at the closing. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. Having closed so many deals with independent sponsors over such an extended period of time provides us a rare perspective. As advisors to this expanding group of investors, we interact regularly with both new and long-time sponsors, as well as independent sponsor capital providers. You know you have the experience and expertise to take a company to the next level. The Peninsula Funds seek to invest in superior middle-market companies requiring capital for an acquisition, expansion or recapitalization. Wells Fargo is committed to building an inclusive, sustainable future for all through a focus on opening pathways to economic advancement, championing quality, affordable homes, empowering small businesses to thrive, and driving an equity-focused transition to a low-carbon economy.. Grant Interest Form. 3 Traits of Great Independent Sponsor Capital Partners, The ideal independent sponsor funding source embraces the, The best funding sources are strategic they will enable growth by funding add-on acquisitions; they have helpful industry connections; they have insight on best practices to grow a business. Most importantly, we were personally inspired by the gracious manner you brought to each discussion your presence elevated us in an impactful way and made us all better! Even if you find the capital, how do you know youve got the best economics? He also currently runs the Zell Entrepreneurship through Acquisition Program under the Zell-Lurie Institute at Ross, mentoring more than a dozen students each year in pursuit of careers in search funds, private equity, and mergers & acquisitions. How has the capital provider behaved? His expertise is unmatched. Kirtland was founded back in 1977 as a pledge fund and spent our early years operating under this model. Similarly, having a third party negotiate on your behalf protects your relationship with your new capital partners. Both are crucial to getting good Independent Sponsor economics and maintaining a great relationship between all parties. The future for the independent sponsor ecosystem appears bright. Subscribe to Merit Capital communications. This makes our incentives much more aligned with all the shareholders, including sellers who maintain a stake in their company. The time consuming, emotional and thankless process of raising capital is taken off your shoulders. T: 301.364.9020 F: 301.364.9022 : home l team l portfolio l news l careers l contact l brochure From our experience, receiving numerous offers (term sheets/proposals) always results in favorable economics and terms for our clients. For all other general inquiries, please email: LEVERAGE OUR RELATIONSHIPS AND EXPERTISE. Frisch is our go-to partner in capital raising. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. The Escrow Agent will continue to hold such funds until Cornell Capital Partners, LP on behalf of the Investor(s) and Company execute a Joint Written Direction directing the Escrow Agent to disburse the Escrow Funds pursuant to Joint Written Direction signed by the Company and the Investor(s).. Potomac Capital Management LLC is the General Partner of . As your confidant and guide we will get you through the process and coach you every step of the way. While our fund structure has changed our focus hasnt. We are particularly focused on situations where management or current business owners are seeking a liquidity event, but also have a desire to retain a meaningful ownership stake and pursue organic and acquisitive growth.

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