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Equity Investment Criteria |
Mezzanine Investment Criteria |
| Types of Acquisitions |
- Buyouts, acquisitions, growth and recapitalizations
- Control, as sole or as a co-investor
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- Buyouts, acquisitions, growth and recapitalizations
- Both sponsor-led and direct to private companies
- Non-control
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| Industries |
- Cash flow-oriented businesses with critical mass in any industry except high technology, real estate and financial services
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- Cash flow-oriented businesses with critical mass in any industry except high technology, real estate and financial services
- Particular expertise in government services
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| Investment Type |
- Redeemable preferred stock with warrants
- Convertible preferred stock
- Common stock
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- Subordinated debt (with or without warrants)
- Equity co-investments in conjunction with subordinated debt
- Other types of junior capital will be considered on a case-by-case basis
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| Investment Size |
- $5-$20 million (larger investments with co-investors)
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- $5-$20 million (larger investments with co-investors)
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| Target Criteria |
- Minimum EBITDA of $3 million
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- Minimum EBITDA of $3 million
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