Our founders were focused on finding great deals and helping those businesses grow with our support. Access Capital Partners is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. INDEPENDENT SPONSOR FINANCING SOLUTIONS. Frisch is our go-to partner in capital raising. These platforms result in multiple acquisitions requiring easily north of $100-$200 million of equity over a three- to five-year time horizon. SAVE TIME. You want him on your team. During the honeymoon period of the transaction, its easy for things to go well. Kirtland can support independent sponsor led transactions as the control-equity investor. 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. 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. Phone: (424) 238-0730 Fax: (424) 238-0728 Email. Since 2013, Dave has taught an MBA course at Ross titled Entrepreneurship through Acquisition. 313.237.5100 | One Towne Square, Suite 1400, Southfield, MI 48076, 2023 Peninsula Capital Partners | Terms & Conditions. Learn how this practice has helped clients create value in the business lifecycle in this 2022 year in review. Private equity and independent sponsors will become more collaborative, thereby leading to a win-win scenario for all stakeholders. 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. 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. 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. A tenuous 24-hour cease-fire ran out Thursday evening with no word of an extension. 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. Government contractor valuation tracker: H2 2022. 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. Colbeck partners with companies during periods of transition, providing creative capital solutions and risk mitigation strategies. 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. Salary (2023) H1B Approvals (2023) New on H1BGrader? Throughout the transaction, your wisdom, steady hand and goodwill were vital to the successful commercial outcome achieved on behalf of all parties. 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. Bob has been in finance for over 40 years. 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 changing influence of capital providers. We rely on our network of independent sponsor partners to source investment opportunities. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equitycapital for independent sponsors, executives and family offices. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. The most successfulfundless sponsorsfocus on institutional quality deal sourcing, transaction execution, portfolio company monitoring and often invest personal funds along-side other investors. 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 They are my go to shop for financing for my portfolio companies. CohnReznicks Transactions and Turnaround Practice has been rebranded to Value360. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. Ask us what our success rate is. 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. They have gotten financing structures that no one else could even approach thus increasing our rates of return. At CohnReznick, we've noticed that successful independent sponsors meet unique challenges with unique solutions, and we've invited members of the independent sponsor community to take Center Stage to share their achievements, contributions, and unique approaches to achieving their goals. As theindependent sponsor modelevolves and institutional capital partners become more selective, it is increasingly important for the sponsor to "addvalue" either by taking on an operational role in the acquired companyor through an active board member/advisory role. Due to their infrastructure and resource constraints, independent sponsors essentially served as an extension of their sourcing efforts. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. Frisch Capital was a wonderful partner to Bassett Creek Capital. He understands the nuances of financial transactions which has served his clients exceedingly well over the years. 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. Employer Name. You will not go wrong having Bob on your team. Read More A Network of Independent Sponsors. 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. 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. We often find our clients asking us: Which capital sources make the best partners for independent sponsors? If you bring a proprietary deal, at an attractive valuation, with a solid management team and growth plan to the table, you should be rewarded with . Before Peninsula, Dave spent 10 years at Strength Capital Partners, a committed capital and independent private equity firm in Birmingham, MI. 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. We pride ourselves on being there for our clients from the beginning (Pre-LOI) to the end (the wiring of money). We are a constant source of feedback for many new and experienced independent sponsors. This may include including origination, carry, and annual management fees. 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. Here are 3 traits shared by great independent sponsor funding sources: The proposedindependent 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. Partners-Cap.com. , Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, MemberFINRAandSIPC, Tampa, FL. Strategic investors take center stage in todays uncertain M&A environment. Invaluable is a word that gets tossed around indiscriminately these days - Bob's guidance was truly invaluable in our case. Capital providers are no longer in the drivers seat. With FCP on your side, you will have a strategic partner that understands your vision and will work tirelessly to sell you, your experience, your know-how, and your value-add to the transaction in a way that only a third party can. Bassett Creek will forever be grateful to Frisch Capital. As a strategic coach and consultant to some of the largest Fortune 500 Companies and non-profits, Elizabeth has seen first hand the impact a persons outlook has on both the success of their deal and the bottom line. 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. Hestia Capital Highlights Recent Support from Two Leading Independent Proxy Advisory Firms. As independent sponsors, it is critical for us to find a capital partner who thinks collaboratively like an actual partner. Bob is a veteran deal-doer. What we offer to independent sponsors. Center Stage with CohnReznick: Prodos Capital LLC. 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. They are my go to shop for financing for my portfolio companies. Our role is to support management with strategic guidance and our ability to identify, evaluate, and execute add-on acquisition opportunities. Monroe Capital Announces Strategic Minority Investment by Bonaccord Capital Partners / Aberdeen Standard Investments March 03, 2021 06:00 AM Eastern Standard Time Experience Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. After substantial vetting and comparative shopping FCP was selected as my critical partner. 7733 Forsyth Blvd. I cannot say it any more strongly than this - Bob saved my company. 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. Navigation. Tregaron Capital. 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. Unlike many other private capital firms, we are not wedded to a certain investment formula or ownership structure. 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. Website. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. We pride ourselves on being a trusted partner and resource in the. Quadec seeks to align companies and management teams with the appropriate capital structure to create enduring value. Save Time. The Peninsula Funds seek to invest in superior middle-market companies requiring capital for an acquisition, expansion or recapitalization. When we call with a deal, they pick up the phone. 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. . This prestigious award recognizes . 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. Be careful not to fall into the trap of accepting below market economics if you can avoid it.
capital partners for independent sponsors