capital partners for independent sponsors

We often find our clients asking us: Which capital sources make the best partners for independent sponsors? We were somewhat profitable but unable to raise capital to grow. After substantial vetting and comparative shopping FCP was selected as my critical partner. Assisting with both new acquisitions, as well as recapitalizations, ACP has become a trusted partner in the independent sponsor community. Bassett Creek will forever be grateful to Frisch Capital. 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. 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. We look forward to working with Bob and Drew on future opportunities. 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. You know you have the experience and expertise to take a company to the next level. Even if you find the capital, how do you know youve got the best economics? Quadecs Founder and Principal, Dave Hiemstra, has over 22 years of experience with middle market companies. GREAT WORDS FROM CLIENTS Read Testimonials Now! Salary (2023) H1B Approvals (2023) New on H1BGrader? This may include including origination, carry, and annual management fees. 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. For over 25 years, Frisch Capital has acted as the financing arm for Independent Sponsors buying companies, raising both debt and equity. We know deals dont sleep, and that means we dont either. We're growing andlooking for talented and driven individuals to join our team. 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. New State fully delivered on all aspects of the combined relationship between co-investors and the Sellers. 2. At Capital Partners Insurance we strive to provide our customers with exceptional Insurance protection. In this case, we use our extensive deal flow to identify opportunities well suited for the operator's background and expertise. 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. Hestia Capital Highlights Recent Support from Two Leading Independent Proxy Advisory Firms. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. 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. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. Independent Sponsors Experience - Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. 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. Greg Porto | email Greg Tobben | email, Access Capital Partners 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. He serves on the board of Birmingham Girls Softball, helping to provide athletic and personal development to more than 300 players each year. "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. 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. Independent sponsors want to be confident that the capital provider has backed more than one transaction with a single independent sponsor and operates with a relationship-building focus, as opposed to a transactional view. 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. Access Capital Partners is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. 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; You know that you can make a real difference on the bottom line. Access Capital Partners is not affiliated with StillPoint Capital, LLC. In conversations Ive had with capital providers, they believe that differentiation relative to independent sponsors can be achieved in the following areas: 1. This prestigious award recognizes . Drew, Bob and Elizabeth delivered exactly as promised. I cannot say it any more strongly than this - Bob saved my company. Historically, we saw traditional lower middle market private equity firms leading the way with independent sponsors. The future for the independent sponsor ecosystem appears bright. We do not necessarily require a control position as is common among private equity investors; rather, only a fair return and reasonable legal rights commensurate with the role we are being asked to fill in the transaction. I am happy to discuss at any time. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equitycapital for independent sponsors, executives and family offices. Employer Name. And youre ready to own equity. Claudine M. Cohen, Managing Principal, Transactions & Turnaround Advisory. Securities offered through GT Securities, Inc., member FINRA, SIPC. For intermediaries working on the buy side or those who refer a company to us, we pay customary success fees. After substantial vetting and comparative shopping FCP was selected as my critical partner. My experience with Frisch Capital was outstanding. We are a constant source of feedback for many new and experienced independent sponsors. Read our top tips for developing a healthy acquisition pipeline, facilitating smooth integrations, and more. Sure, if you are a first-time sponsor, you have hurdles to overcome in getting that initial deal financed. Save Time. WHO SHOULD ATTEND: Independent sponsors, family offices, private equity funds, other alternative investors, senior, unitranche and mezzanine lenders, and pensions and endowments General Schedule Speakers C P Carr Preston Managing Director Akoya Capital, LLC C C Christian Cantalupo Partner ASGARD Partners & Co. N C Nathan Chandrasekaran Partner Well do whatever it takes to get the deal done. 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. Bob is a veteran deal-doer. Private equity value creation: Accelerate growth with strategic, smooth M&A. Due to our success, we now have our own fund. Our goal is simple: build value through building the business. 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. 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. The independent sponsor comes to the table with intimate industry knowledge, a value creation mindset, and the ability to roll up their sleeves. CohnReznick LLP is a member firm of the Nexia International network. Independence Capital Partners was founded in 1997 to provide back office and infrastructure support to private equity and real estate fund managers. We rely on our network of independent sponsor partners to source investment opportunities. Securities offered through GT Securities, Inc., member FINRA, SIPC. The first step is downloading our White Paper, How Independent Sponsor clients get better economics. This report will show you how you can improve your Independent Sponsor economics and what we are seeing in the marketplace. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in today's evolving market. From refining your thesis, marketing your deal, negotiating great Independent Sponsor . 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. As your confidant and guide we will get you through the process and coach you every step of the way. Frisch is our go-to partner in capital raising. In each case, our capital structure allows for creative financing solutions that work for everyone involved, and . Weve seen it all through the years. Supporting growth. Negotiating can be a difficult task. My experience with Frisch Capital was outstanding. Our capital is used to facilitate growth, acquisitions, recapitalizations, management buy-outs, generational transfers, and other ownership . Center Stage with CohnReznick: Prodos Capital LLC. . 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. In the end, results are what matter - and they were professionally delivered. He sees the Independent Sponsor model as the method executives and industry experts can take to own and run already established businesses. The COVID-19 pandemic has impacted nearly every business, positively or negatively, and some more than others. Access Capital Partners is an investment bank focused on raising capital for independent or fundless sponsor acquisitions and recapitalizations. Client data, emails, calls, agreements, regulatory requirements, etc. 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. What type of funding source would be the best fit for me and my deals? What economics have they provided sponsors in the past? Well find you partners that match up not only financially, but personally and address the specific dynamics of your deal as well. The changing influence of capital providers. securecapital and strive to be aninnovator in the space. ACP has developed a tailored approach to help independent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. 2023 CohnReznick LLP, All Rights Reserved. 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. Top 200 H1B Job Titles. Since our formation in 2012, we have closed more than 35 investments with independent sponsors. Kirtland can support independent sponsor led transactions as the control-equity investor. Funding comes from the state . 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. 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. 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. A tenuous 24-hour cease-fire ran out Thursday evening with no word of an extension. This is notwithstanding that many independent sponsors come from large, successful private equity firms. In an M&A market that is unpredictable and uncertain, its strategic investors time to shine. Our model supports an unwavering belief in our investment philosophy, the growth potential of our companies, and most importantly, the operators we back. Both are crucial to getting good Independent Sponsor economics and maintaining a great relationship between all parties. Sharing the deal economics. What should independent sponsors look for in a capital partner? 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. Frisch Capital was a wonderful partner to Bassett Creek Capital. Since 2013, Dave has taught an MBA course at Ross titled Entrepreneurship through Acquisition. 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 . Bob has been in finance for over 40 years. At CohnReznick, we forge deep and trustworthy relationships with independent sponsors, facilitating and contributing to their success. Thanks to them we got great economics, did a number of add-ons with a great partner. 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! The two sides continued to battle in central Khartoum and other parts of the country. 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. Accordingly, a major component of our investment program has always been catering to the unique requirements of independent sponsors. We've spent years building relationships with alternatives debt funds, family offices, private equity firms and traditional institutional LPs that invest with independent sponsors. Private debt funds have flexibility in their capital structures, with many able to pick up a sizable piece of the equity needs. It's a partnership we understand, appreciate, and are always open to exploring. ACP prides itself on a being a trusted partner and resource in the independent sponsor community. And frankly, being an owner just makes good sense. Our comprehensive and flexible equity capital and junior debt solutions help our partners achieve successful outcomes. Perhaps the biggest takeaway in the still growing and maturing independent sponsor sector is that finding capital, both debt and equity, is no longer a top concern. During the honeymoon period of the transaction, its easy for things to go well. My family and partners are eternally grateful to Bob for his assistance. 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. her responsibilities go on and on. Be careful not to fall into the trap of accepting below market economics if you can avoid it. He is also an avid golfer, sailor, and a big family man. Private equity and independent sponsors will become more collaborative, thereby leading to a win-win scenario for all stakeholders. Earlsfort Capital Partners Limited, a non-bank property lender, has launched a new lending vehicle, Earlsfort Development Finance DAC, dedicated to providing construction finance for residential . Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. Every single one of our deals is 100% individually tailored and 100% hands-on. Phone: (424) 238-0730 Fax: (424) 238-0728 Email. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. They are now emerging from the mayhem and have demonstrated that they are good business owners. In my opinion, Crux Capital as an independent sponsor is a much better partner for sellers of businesses than a private equity fund. You want him on your team. 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. Ocean Avenue Capital Partners 401 Wilshire Boulevard, Suite 1020 Santa Monica, CA 90401. 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. 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. 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. Elizabeth operates at the cross-section of finance and psychology. 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. . CohnReznick refers to CohnReznick LLP or any of its subsidiaries or affiliates. Independent-sponsor-led buy-and-build platforms are emerging in fragmented industries such as healthcare, industrial, and residential services, and are being scooped up by these larger funds. Whether this is your first deal or your 5th, you need to talk to us. 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. That means we get to know you, your deal, and your exact specific needs. Prospective capital partners are just getting to know them, and the independent sponsor doesnt yet have an established track record or credibility. SCALE OR START YOUR BUSINESS WITH CAPITAL Raise $25,000 To $1,000,000. Our systems and proprietary process, along with our deep relationships in the marketplace, allow us to be extremely efficient. 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. ACP has developed a tailoredapproach to helpindependent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. Family offices, while still a viable provider of capital, are losing out to traditional private equity, which has stepped up in providing competitive economics. While our fund structure has changed our focus hasnt. Navigation. 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. And when its time to choose someone to help you navigate the ups and downs of buying a business you NEED someone that has helped Independent Sponsors close deals for over two decades. Here are 6 guidelines to help you get the most out of the independent sponsor model: 1. Learn more in this free training of how this works. To discuss a potential transactionor to start building a relationship, please contact: For all other general inquiries, please email: info@accesscappartners.com. A great funding partner brings more to the table than the capital to close your deal. You will not go wrong having Bob on your team. His expertise is unmatched. Similarly, having a third party negotiate on your behalf protects your relationship with your new capital partners. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. 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. Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. meet the team: 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. What are their criteria for independent sponsor deals? Having closed so many deals with independent sponsors over such an extended period of time provides us a rare perspective. Rest assured Bob has seen it all. 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. Partnership model - Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. When working with Tregaron, you can expect prompt and honest feedback, respect for your time and when we aren't the right fit, we'll help with introductions. Selecting the right capital partner is critical for independent sponsors. Frisch Capital Partners is the premier investment bank to help Independent Sponsors raise capital for their transactions. A successful and referenceable track record of working with independent sponsors. When we call with a deal, they pick up the phone. Youre getting the best with decades of experience in raising capital, mergers and acquisitions, private placements, operations and executive coaching. Contact. We provide an extensive list of Insurance products to suit whatever your needs may be. Day and night, week-in and week-out. Thanks to them we got great economics, did a number of add-ons with a great partner. As a segment of private equity growing in size and relevance, independent sponsors face a variety of unique challenges, including sourcing transactions, raising capital, and managing resources. We've alsodeveloped a tailored approach that creates optionality, uncovers the right capital partners and improves success rates. Creating value. We will not spam, rent or sell your email. Strategic investors take center stage in todays uncertain M&A environment. Bassett Creek will forever be grateful to Frisch Capital. Sharing the deal economics. We havepartnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Componentsand EnviroScience. While there will always be a competitive element and some tension between private equity and independent sponsors, many different factors are pointing to an environment where both parties can work together to create value and thrive. The most successfulfundless sponsorsfocus on institutional quality deal sourcing, transaction execution, portfolio company monitoring and often invest personal funds along-side other investors. Weve raised over $1 BILLION for our Independent Sponsor clients since 1996. No other investment bank has specialized in helping Independent Sponsors raise capital as long as we have. Don't get frustrated dealing with an 800 number or national chain insurance providers. Quadec seeks to align companies and management teams with the appropriate capital structure to create enduring value. Just being able to close the initial platform is not sufficient. Advising on both debt and equity placements, we are a turn-key financing solution for experienced operating and private equity professionals. We strive to deliver competitive, flexible capital solutions with the right capital partners to support both . Weve been in your shoes. info@accesscappartners.com| Tel: 314.783.9550 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. Request Funding. But what happens when situations arise and portfolio companies underperform, or the macroeconomic environment changes? 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. 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.

Immediate Start Jobs Cash In Hand, 2014 Ford Escape Backup Camera Reset, Articles C