Both are crucial to getting good Independent Sponsor economics and maintaining a great relationship between all parties. Bob has been in finance for over 40 years. 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. 2023 CohnReznick LLP, All Rights Reserved. Investment Criteria | Peninsula Capital Partners L.L.C. Farragut Capital Partners Top 200 H1B Sponsors. After substantial vetting and comparative shopping FCP was selected as my critical partner. He is also an avid golfer, sailor, and a big family man. As your confidant and guide we will get you through the process and coach you every step of the way. Independent Sponsor Spotlight: Wayne Moore of Crux Capital Provide introductions to service providers and senior lenders. Securities offered through GT Securities, Inc., member FINRA, SIPC. We pride ourselves on being a trusted partner and resource in the. Many of the long-time and well-known independent sponsor capital providers often take advantage of their independent sponsor counterparts, particularly new sponsors or ones that arent running a tight capital raising process. While "independent sponsors" have been around for many years, the number of independent sponsors is at an all-time high and their credibility continues to climb. H1B Sponsoring Companies List 2023 - by Alphabet, Salaries For all other general inquiries, please email: LEVERAGE OUR RELATIONSHIPS AND EXPERTISE. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. The Peninsula Funds seek to invest in superior middle-market companies requiring capital for an acquisition, expansion or recapitalization. Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. We dont automate or leave it to chance. Client data, emails, calls, agreements, regulatory requirements, etc. 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. 2022 McGuireWoods Independent Sponsor Conference - Bizzabo In addition to supporting management by serving on the boards of more than ten private companies, Dave has developed expertise in sourcing transaction opportunities, evaluating businesses and industries, conducting and facilitating due diligence, raising capital, and negotiating transaction documents. 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. Kirtland is an equity-focused investor and can be a helpful resource in a variety of transactions, including: Please contact Jim Foley at jfoley@kirtlandcapital.com to discuss opportunities to work together. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. We pride ourselves on being there for our clients from the beginning (Pre-LOI) to the end (the wiring of money). Our founders were focused on finding great deals and helping those businesses grow with our support. Our capital is used to facilitate growth, acquisitions, recapitalizations, management buy-outs, generational transfers, and other ownership . Acting like a funded private equity firm with discretionary capital is a fruitless exercise. I am happy to discuss at any time. Independent Sponsors Work With Us | Frisch Capital Partners Independence Capital Partners Having closed so many deals with independent sponsors over such an extended period of time provides us a rare perspective. Partnership model - Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. You need to ask the right questions how many independent sponsor deals have they done? Experience Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. info@accesscappartners.com| Tel: 314.783.9550 Well do whatever it takes to get the deal done. We invite people interested in learning more about our experience with independent sponsor transactions to visit the Portfolios section on this website which summarizes dozens of successfully closed independent sponsor deals, and to visit the Transaction Case Studies section which presents a more in-depth description of two completed independent sponsor transactions as well as other types of transactions. Fundless and Independent Sponsor Financing | Debt & Equity Capial Access Capital Partners is not affiliated with StillPoint Capital, LLC. I recently participated in the 10th Independent Sponsors Summit presented by iGlobal Forum. To do so, we look for opportunities to pair our capital, industry expertise, and resources with strong management teams looking to take their businesses a step further. Even if you find the capital, how do you know youve got the best economics? Similarly, having a third party negotiate on your behalf protects your relationship with your new capital partners. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. 313.237.5100 | One Towne Square, Suite 1400, Southfield, MI 48076, 2023 Peninsula Capital Partners | Terms & Conditions. If you'd like to explore a career with Access Capital Partners, please. Colbeck Capital Sponsors Children's Tumor Foundation in 2023 TD Five 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. At the same time, there is an increasing number of debt and equity capital partners that predominately or solely focus on independent sponsor transactions. They are now emerging from the mayhem and have demonstrated that they are good business owners. Sharing the deal economics. Based on their responses, you can decide if they really want to work with you. Frisch Capital Partners offer operational and industry expertise that many investors, whether established private equity firms or otherwise, find ultimately contribute to the success of the investment. We are constantly seeking to expand our network of independent sponsor partners and would greatly appreciate the opportunity to consult with any independent sponsor on their next transaction. Nexia International Limited does not deliver services in its own name or otherwise. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. e first step is downloading our White Paper. Suite 1151 St. Louis, Missouri 63105 What we offer to independent sponsors. Center Stage with CohnReznick: Prodos Capital LLC. Nonprofit organizations that are interested in being considered for an invitation to apply . In this case, we use our extensive deal flow to identify opportunities well suited for the operator's background and expertise. Frisch Capital was a wonderful partner to Bassett Creek Capital. Let us take the burden of raising capitaloff your shoulders, so you can focus on deal sourcing, building relationships with business ownersand growing existing portfolio companies. Put simply, they did what they said they were going to do, which is to run a competitive capital raising process and to advocate on our behalf to find multiple attractive capital partners for us to choose from on each deal. Tregaron Capital. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in today's evolving market. Request Funding. Based in the United States, with a preference for the Midwest and Central regions, EBITDA between $2 million and $20 million, Manufacturing, Distribution, Business Services, Industrial & Infrastructure Services. I was delighted with their expertise, responsiveness, engagement and overall process management in a large and very successful engagement. While there is no longer a scarcity of capital, first-time sponsors do not yet have strong relationships. Caroline is here to put her decades of experience in details to work for you. Accordingly, a major component of our investment program has always been catering to the unique requirements of independent sponsors. WASHINGTON - SBA Administrator Isabella Casillas Guzman, the voice in President Biden's Cabinet for America's over 33 million small businesses, has named Abdirahman Kahin of Afro Deli & Grill in Minnesota as the National Small Business Person of the Year for 2023 at the National Small Business Week (NSBW) awards ceremony in Washington, D.C. . Don't get frustrated dealing with an 800 number or national chain insurance providers. As independent sponsors, it is critical for us to find a capital partner who thinks collaboratively like an actual partner. Max. But what happens when situations arise and portfolio companies underperform, or the macroeconomic environment changes? Thanks to them we got great economics, did a number of add-ons with a great partner. | Suite 1151 | St. Louis, MO 63105 It is very easy for an Independent Sponsor to waste time when the clock is ticking and go down the wrong path when raising capital for their transactions. PDF Independent Sponsors: How to Leverage This Valuable Channel for 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. This online training will show you more about our Independent Sponsor model and how to prepare yourself to finally own a business of your own. Save Time. We've spent years building relationships with alternatives debt funds, family offices, private equity firms and traditional institutional LPs that invest with independent sponsors. Access Capital Partners is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. 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. This network knows the high standards we have when selecting our clients and the Independent Sponsor deals we work on. Building the business. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. In fact, approximately half of our over 100 platform investments have been in partnership with independent sponsors, both as a control and non-control investor, which we believe makes us one of the most active investors in such transactions in the private capital industry. Securities offered through GT Securities, Inc., member FINRA, SIPC. Monroe Capital Announces Strategic Minority Investment by Bonaccord Capital Partners / Aberdeen Standard Investments March 03, 2021 06:00 AM Eastern Standard Time 2. Frisch is our go-to partner in capital raising. When we call with a deal, they pick up the phone. Our model supports an unwavering belief in our investment philosophy, the growth potential of our companies, and most importantly, the operators we back. Macroeconomic factors and other variables are playing into a frothy market, including low interest rates, plenty of capital, and valuations that seem to have a life of their own. The ideal independent sponsor funding source embraces the independent sponsor model because they want to, not because they have to. Colbeck sponsors its portfolio companies through consistent engagement with management teams in areas such as finance, capital markets and growth strategies, distinguishing itself from traditional lenders. Independent Sponsors: A Critical and Evolving Deal Flow Channel Post transaction, we seek to be an active partner, providing board level support and if necessary, additional capital for further growth. This may include including origination, carry, and annual management fees. And frankly, being an owner just makes good sense. accesscappartners.com, independentsponsorfinancing.com | independentsponsormodel.com| fundlesssponsorcapital.com In the end, results are what matter - and they were professionally delivered. 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. Subscribe to Merit Capital communications. Making the Most Out of the Independent Sponsor Model - Access Capital We dont mess around: we can get your deal into the market in a week instead of the 30+ day lead time other firms require. Dave lives in Birmingham, MI with his wife and two daughters. Navigation. 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. We'll gladly provide guidance on transaction viability, structures and capital alternatives to help you refine which opportunities to pursue. Funding comes from the state . But youve got a problem: youre not sure where youre going to find the capital. Throughout the transaction, your wisdom, steady hand and goodwill were vital to the successful commercial outcome achieved on behalf of all parties. securecapital and strive to be aninnovator in the space. 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. Bob and Drew were trusted business advisors on every aspect of the process. We've changed the way the. additional capital. Well be the answer to your questions, the sounding board when youre frustrated, and the first to toast you at the closing. In my opinion, Crux Capital as an independent sponsor is a much better partner for sellers of businesses than a private equity fund. The COVID-19 pandemic has impacted nearly every business, positively or negatively, and some more than others. He now dedicates his career to helping individuals buy companies, find greater success and live life on their own terms. Creating value. Headquarteredin the United States or Canada, Senior Term Loans|Revolving Lines of Credit, Mezzanine Loans|Unitrache (one-stop) Loans|Convertible Debt, Preferred Equity|Minority Equity|Majority Equity, National, Regional and Local Banks|Specialty Finance Companies|Insurance Companies |Business Development Corporations (BDCs)|Small Business Investment Companies (SBICs) | Credit Opportunity Funds|Mezzanine Funds|Family Offices|Asset Managers, Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, MemberFINRAandSIPC, Tampa, FL. We invest a significant amount of capital out of our general partnership into every deal. Our systems and proprietary process, along with our deep relationships in the marketplace, allow us to be extremely efficient. ACP prides itself on a being a trusted partner and resource in the independent sponsor community. Independent Sponsor Spotlight: Rob Bauer of Bassett Creek Capital Here are 6 guidelines to help you get the most out of the independent sponsor model: 1. Lets face it, not every SBIC, family office or private equity fund really wants to invest with independent sponsors, but as the independent sponsor market has grown, it has become harder for private equity firms to ignore as a viable source of deal flow. Private Equity Independent Sponsors | Capital Raising I Sourcing With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in todays evolving market. Quadec seeks to align companies and management teams with the appropriate capital structure to create enduring value. We often find our clients asking us: Which capital sources make the best partners for independent sponsors? But thats why as an Independent Sponsor, you need someone on your side that can help walk you through the deal from start to finish- from putting the deal structure together to finding potential capital partners and investors to helping you understand the nuances of the process to negotiating on your behalf so you get the best possible outcome. Successful investment candidates typically have the following characteristics: Minimum EBITDA of $3.0 million, a history of profitable operations and margins that meet or exceed industry averages;
capital partners for independent sponsors
