Quadecs Founder and Principal, Dave Hiemstra, has over 22 years of experience with middle market companies. I cannot say it any more strongly than this - Bob saved my company. 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. Nonprofit organizations that are interested in being considered for an invitation to apply . We pride ourselves on being there for our clients from the beginning (Pre-LOI) to the end (the wiring of money). Nexia International Limited does not deliver services in its own name or otherwise. Acting like a funded private equity firm with discretionary capital is a fruitless exercise. Our systems and proprietary process, along with our deep relationships in the marketplace, allow us to be extremely efficient. The military's statement raised the likelihood of a renewed surge in the nearly weeklong violence that . 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. Just being able to close the initial platform is not sufficient. He knows what its like to be in your shoes. Fit matters in a partnership, especially as an independent sponsor. 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. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. Both are crucial to getting good Independent Sponsor economics and maintaining a great relationship between all parties. In each case, our capital structure allows for creative financing solutions that work for everyone involved, and . Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. Colbeck partners with companies during periods of transition, providing creative capital solutions and risk mitigation strategies. After substantial vetting and comparative shopping FCP was selected as my critical partner. They have gotten financing structures that no one else could even approach thus increasing our rates of return. Bob has been in finance for over 40 years. What are their criteria for independent sponsor deals? Whereas some independent sponsors are keenly interested in being involved in the companys operations, others are more strategic minded, preferring more passive board roles. 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. 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. Drew is a serial entrepreneur having started 5 businesses, sold a few and still owns some. Managed Services and Outsourced Accounting. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. 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. We are a constant source of feedback for many new and experienced independent sponsors. How has the capital provider behaved? Sure, if you are a first-time sponsor, you have hurdles to overcome in getting that initial deal financed. Contact. Opportunities that warrant a more conservative capital structure without a significant amount of debt; Growth oriented investments that plan to use debt capacity in the future to fund add-on acquisitions;or. To discuss an opportunity or learn more about how Access Capital Partners helps independent sponsors, please contact Greg Tobben or visit Access Capital Partners. Capital providers are no longer in the drivers seat. We were somewhat profitable but unable to raise capital to grow. To discuss a potential transactionor to start building a relationship, please contact: For all other general inquiries, please email: info@accesscappartners.com. Employer Name. Investment Criteria | Peninsula Capital Partners L.L.C. As an investment bank focused exclusively on raising debt and equity capital for independent sponsors, weve spent years building relationships with capital providers and know which funding sources will be the most complementary for different types of deals and sponsors. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. Even if you find the capital, how do you know youve got the best economics? We know deals dont sleep, and that means we dont either. Making the Most Out of the Independent Sponsor Model - Access Capital 2. 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. Every single step of the way. Unlike many other private capital firms, we are not wedded to a certain investment formula or ownership structure. 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. Capitol Partners - Home An ability to provide dry powder for add-on acquisitions. . 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. 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. Greg Porto | email Greg Tobben | email, Access Capital Partners Independent Sponsors | Peninsula Capital Partners L.L.C. 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. After substantial vetting and comparative shopping FCP was selected as my critical partner. I would recommend FCP for any capital raising, transaction or sale oriented services. securecapital and strive to be aninnovator in the space. Want Better Independent Sponsor Economics or More Complimentary Partners? 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. Sharing the deal economics. 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. ACP has developed a tailoredapproach to helpindependent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. When we're hired, we pride ourselves on delivering results. They are now emerging from the mayhem and have demonstrated that they are good business owners. Dave has participated in more than 40 private capital transactions as a principal investor, totaling over $700 million in total enterprise value and over $300 million of equity and junior capital. But youve got a problem: youre not sure where youre going to find the capital. You know that you can make a real difference on the bottom line. We often find our clients asking us: Which capital sources make the best partners for independent sponsors? 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. Thanks to them we got great economics, did a number of add-ons with a great partner. 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. Independent Sponsors Experience - Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. In some industries, weve seen record EBITDA multiples, while in others, EBITDA is at an all-time low. Caroline is here to put her decades of experience in details to work for you. 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. SBA Administrator Guzman Awards Minnesota's Abdirahman Kahin of the Our financing process always aims to exceed market-based Independent Sponsor economics (ie. The need for the capital provider to control the deal is in many times a deal killer for independent sponsors. We partner closely with fellow private equity firms both as an equity co-investor or debt provider in support of a private equity sponsored buy-out. H1B Sponsoring Companies List 2023 - by Alphabet, Salaries 2. Our extensive experience with such deals has provided us the opportunity to develop a variety of partnership approaches to address the unique objectives, capabilities and competencies of independent sponsors, and the requirements of the transaction.
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