Ask us what our success rate is. Since 2013, Dave has taught an MBA course at Ross titled Entrepreneurship through Acquisition. These platforms result in multiple acquisitions requiring easily north of $100-$200 million of equity over a three- to five-year time horizon. The independent sponsor comes to the table with intimate industry knowledge, a value creation mindset, and the ability to roll up their sleeves. 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. Small Business Investment Companies (SBICs), Special Purpose Acquisition Companies (SPACs) Services, Financial Modeling and Decision Analytics, Paycheck Protection Program (PPP) Loan Forgiveness Assistance, Managed and Outsourced Services to Administer and Safeguard Public Funds, Mitigate Enterprise Risk & Achieve Compliance, Gamechangers in ESG Awards 2023: Coming Soon, CohnReznick: Advisory, Assurance, Tax Firm, For independent sponsors, access to capital is no longer a constraint, Business of Baseball: Highlights From Past Seasons. 313.237.5100 | One Towne Square, Suite 1400, Southfield, MI 48076, 2023 Peninsula Capital Partners | Terms & Conditions. We look forward to working with Bob and Drew on future opportunities. Read our top tips for developing a healthy acquisition pipeline, facilitating smooth integrations, and more. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in today's evolving market. This prestigious award recognizes . In conversations Ive had with capital providers, they believe that differentiation relative to independent sponsors can be achieved in the following areas: 1. Frisch is our go-to partner in capital raising. Independent Sponsor Spotlight: Rob Bauer of Bassett Creek Capital May 26, 2021 The interview below is part of a series from McGuireWoods that features interviews with impressive independent sponsors as part of our ongoing commitment to the independent sponsor community. PDF Independent Sponsors: How to Leverage This Valuable Channel for 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; ACP prides itself on a being a trusted partner and resource in the independent sponsor community. Capital Partners Definition | Law Insider FCP has always believed that the Independent Sponsor client is as important as the deal itself. Independent Sponsors | New State Capital Partners 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. Independent Sponsors | Kirtland Capital Partners | Private Equity Firm He understands the nuances of financial transactions which has served his clients exceedingly well over the years. You know you have the experience and expertise to take a company to the next level. Independent Sponsors Center Stage | Frisch Capital Partners Certainty of close Merit provides certainty to close as a single source of junior capital (both the necessary equity and subordinated debt) for independent sponsors considering multiple financing sources. We havepartnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Componentsand EnviroScience. 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. 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! INDEPENDENT SPONSOR FINANCING SOLUTIONS. We look forward to working with Bob and Drew on future opportunities. 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 . 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. They are my go to shop for financing for my portfolio companies. Don't get frustrated dealing with an 800 number or national chain insurance providers. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. Get Better Economics. Find the Right Capital Partner. Hestia Capital Highlights Recent Support from Two Leading Independent Proxy Advisory Firms. When you hire Frisch Capital you dont just get decades of finance/deal experience, but also get exceptional performance coaching. Due to our success, we now have our own fund. We dont automate or leave it to chance. He now dedicates his career to helping individuals buy companies, find greater success and live life on their own terms. 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. 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. Kirtland was founded back in 1977 as a pledge fund and spent our early years operating under this model. In some industries, weve seen record EBITDA multiples, while in others, EBITDA is at an all-time low. For an independent sponsor, time is your most precious resource. Dave was born and raised in the Midwest and earned his Bachelor of Business Administration degree from the Ross School of Business at the University of Michigan, where he also earned his Masters of Business Administration degree with high distinction. Building the business. 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. Kirtland can support independent sponsor led transactions as the control-equity investor. Subscribe to Merit Capital communications. You need to ask the right questions how many independent sponsor deals have they done? GREAT WORDS FROM CLIENTS Read Testimonials Now! 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. Having originated as an independent sponsor prior to our first fund, the model is in our DNA. Thanks to them we got great economics, did a number of add-ons with a great partner. We should expect to see more independent sponsors emerge, existing sponsors investing in multiple transactions, and the broader private equity market continuing to embrace independent sponsors. While our fund structure has changed our focus hasnt. No other investment bank has specialized in helping Independent Sponsors raise capital as long as we have. As you know, when an Independent Sponsor has a deal under exclusivity EVERY DAY MATTERS! My family and partners are eternally grateful to Bob for his assistance. You will not go wrong having Bob on your team. Most commonly, independent sponsorshave finance and strategy backgrounds stemming from experiencein private equity, investment banking or consulting or have backgrounds as operating executives who have built and grown companies from the inside. Partners Capital - Wikipedia Want Better Independent Sponsor Economics or More Complimentary Partners? Navigation. 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. If there is glue on a team, then Caroline is the Frisch glue. Find the Right Partner. SCALE OR START YOUR BUSINESS WITH CAPITAL Raise $25,000 To $1,000,000. Colbeck partners with companies during periods of transition, providing creative capital solutions and risk mitigation strategies. Accelerate Success Under the Independent Sponsor Model, INDEPENDENT SPONSOR CAPITAL RELATIONSHIPS, We've Spent Years Building Relationships You Can Leverage, Traditional and Non-TraditionalProviders of Private Capital, Small Business Investment Companies (SBICs), THE INDEPENDENT SPONSORS' INVESTMENT BANK, Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, Member. They are now emerging from the mayhem and have demonstrated that they are good business owners. Learn how this practice has helped clients create value in the business lifecycle in this 2022 year in review. (Hint- it's really, really good.). additional capital. He is also an avid golfer, sailor, and a big family man. CohnReznick LLP is a member firm of the Nexia International network. At Capital Partners Insurance we strive to provide our customers with exceptional Insurance protection. Advising on both debt and equity placements, we are a turn-key financing solution for experienced operating and private equity professionals. Funding comes from the state . We rely on our network of independent sponsor partners to source investment opportunities. "Independent sponsor" is an expansive and evolving category that may be understood to cover any transaction in which a sponsor first sources, diligences, and negotiates the recapitalization or buyout of an acquisition target and then subsequently seeks financing partners to close the transaction. 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. When we call with a deal, they pick up the phone. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. . CohnReznicks Transactions and Turnaround Practice has been rebranded to Value360. Sharing the deal economics. The COVID-19 pandemic has impacted nearly every business, positively or negatively, and some more than others. Independent Sponsors Experience - Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. I am happy to discuss at any time. Frisch Capital Partners is the premier investment bank to help Independent Sponsors raise capital for their transactions. In this latest Government Contractor Valuation tracker, we share key valuation indicators to help GovCon management teams and investors keep track of industry valuation benchmarks and trends. My experience with Frisch Capital was outstanding. You need someone that is going to work just as hard as you do, that will be just as committed to your deal as you are, and that will throw all of its resources and experience toward getting your deal done and getting you great terms. Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. Sharing the deal economics. 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. ACP has developed a tailoredapproach to helpindependent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. But what happens when situations arise and portfolio companies underperform, or the macroeconomic environment changes? They Embrace the Independent Sponsor Model. During the honeymoon period of the transaction, its easy for things to go well. Independent Sponsor | Financing Experts | Frisch Capital Partners Selecting the right capital partner is critical for independent sponsors. 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. I was delighted with their expertise, responsiveness, engagement and overall process management in a large and very successful engagement. His expertise is unmatched. What are their criteria for independent sponsor deals? Our financing process always aims to exceed market-based Independent Sponsor economics (ie. H1B Sponsoring Companies List 2023 - by Alphabet, Salaries Securities offered through GT Securities, Inc., member FINRA, SIPC. Ideal investment candidates will exhibit some combination of the following characteristics: Recurring revenue or repeat customer relationships, Management or owners interested in rolling over a meaningful equity stake to benefit from a second bite at the apple, Fragmented markets with opportunities for growth via acquisition, 2021 by Quadec Private Capital LLC - All Rights Reserved. Making the Most Out of the Independent Sponsor Model - Access Capital Private debt funds have flexibility in their capital structures, with many able to pick up a sizable piece of the equity needs. Acting like a funded private equity firm with discretionary capital is a fruitless exercise. Why is anything less than that reasonable or acceptable? Our comprehensive and flexible equity capital and junior debt solutions help our partners achieve successful outcomes. Some might argue this is not a healthy environment for the independent sponsor community, and time will tell if this dynamic will cause certain capital providers to step back from the independent sponsor model. Weve built an incredible network of capital providers that love working with Independent Sponsors. We invest a significant amount of capital out of our general partnership into every deal. For any inquiries, please call or email us: 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. Bob has been in finance for over 40 years. Suite 1151 St. Louis, Missouri 63105 Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. Our team has the relevant experience to help businesses grow and navigate through varying economic cycles, Our commitment to building strong partnerships is at the core of our investment philosophy, Our flexible approach allows us to creatively structure solutions for a variety of investment opportunities, 2023 Kirtland Capital Partners | 200 Park Avenue | Suite 225 | Orange Village, Ohio 44122 Phone: 216-593-0100 | Fax: 216-593-0240. My experience with Frisch Capital was outstanding. In the end, results are what matter - and they were professionally delivered. We are still looking to invest in great deals, including those sourced by independent sponsors. At CohnReznick, we forge deep and trustworthy relationships with independent sponsors, facilitating and contributing to their success. Grade. While no two transactions are alike, historically, ACP clients have achieved above market deal fees, ongoing compensation, management fees and equity participation. Be careful not to fall into the trap of accepting below market economics if you can avoid it. The need for the capital provider to control the deal is in many times a deal killer for independent sponsors. Supporting growth. While there is no longer a scarcity of capital, first-time sponsors do not yet have strong relationships. When we're hired, we pride ourselves on delivering results. Even if you find the capital, how do you know youve got the best economics? Weve raised over $1 BILLION for our Independent Sponsor clients since 1996. Center Stage with CohnReznick: Prodos Capital LLC. Whether this is your first deal or your 5th, you need to talk to us. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Drew, Bob and Elizabeth delivered exactly as promised. The time consuming, emotional and thankless process of raising capital is taken off your shoulders. Get Better Economics. Rest assured Bob has seen it all. 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. I cannot say it any more strongly than this - Bob saved my company. A successful and referenceable track record of working with independent sponsors. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. Partner With Us Ocean Avenue Capital Partners Experience and success with the independent sponsor economic model, Flexible capital with an equity focus and the ability, without the requirement, to invest in subordinated debt, Long-term, patient capital with no defined investment horizons, Capacity for significant follow-on investment, Partnership approach to investing in and managing portfolio companies, History of executing transactions quickly and efficiently, Longstanding and broad relationships with financing sources and service providers. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. Hestia Capital Highlights Recent Support from Two Leading Independent Aside from first hand experience, we are able to: We work extensively with investment bankers, M&A advisors, business brokers, accountants, lawyers, lenders, and other business intermediaries. I would recommend FCP for any capital raising, transaction or sale oriented services. Whereas some independent sponsors are keenly interested in being involved in the companys operations, others are more strategic minded, preferring more passive board roles. Colbeck Capital Sponsors Children's Tumor Foundation in 2023 TD Five Frisch is our go-to partner in capital raising. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in todays evolving market. 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. Independent Sponsor Financing | Placement Agents - ACP - Access Capital As an investment bank focused exclusively on raising debt and equity, To discuss an opportunity or learn more about how Access Capital Partners helps independent sponsors, please contact, Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, Member. What type of funding source would be the best fit for me and my deals? 2023 CohnReznick LLP, All Rights Reserved. I cannot say it any more strongly than this - Bob saved my company. ACP has developed a tailored approach to help independent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. We have extensive experience and competence in this very specialized area of transactional finance experience and competence we continue to share with the industry on a daily basis. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. 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. As your confidant and guide we will get you through the process and coach you every step of the way. He knows what its like to be in your shoes. Weve coached hundreds of Independent Sponsors through the business-buying process in the last 26+ years. We've spent years building relationships with alternatives debt funds, family offices, private equity firms and traditional institutional LPs that invest with independent sponsors. Independent Sponsors | Peninsula Capital Partners L.L.C. EY Announces Shirl Penney of Dynasty Financial Partners as an Similarly, having a third party negotiate on your behalf protects your relationship with your new capital partners. 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. 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. Back then especially, independent financial advisors in the RIA channel lacked a product-neutral source for . And youre ready to own equity. In summary, Peninsula Capital Partners was one of the first firms to actively seek out independent sponsor transactions and has been one of the most active investors in such deals for years. You want him on your team. 7733 Forsyth Blvd. Thanks to them we got great economics, did a number of add-ons with a great partner.
Marie Laveau Cause Of Death,
Famous People From Kildare,
Bullmastiff American Bulldog Mix Puppies For Sale,
Anaphora In Patrick Henry's Speech,
Articles C