Elizabeth operates at the cross-section of finance and psychology. While our fund structure has changed our focus hasnt. e first step is downloading our White Paper. Frisch Capital was a wonderful partner to Bassett Creek Capital. Weve been in your shoes. What are their criteria for independent sponsor deals? At Capital Partners Insurance we strive to provide our customers with exceptional Insurance protection. Post transaction, we seek to be an active partner, providing board level support and if necessary, additional capital for further growth. Every single one of our deals is 100% individually tailored and 100% hands-on. My family and partners are eternally grateful to Bob for his assistance. 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. We look forward to working with Bob and Drew on future opportunities. Our model supports an unwavering belief in our investment philosophy, the growth potential of our companies, and most importantly, the operators we back. 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. Subscribe to Merit Capital communications. Quadecs Founder and Principal, Dave Hiemstra, has over 22 years of experience with middle market companies. Well do whatever it takes to get the deal done. After substantial vetting and comparative shopping FCP was selected as my critical partner. 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. Youre getting the best with decades of experience in raising capital, mergers and acquisitions, private placements, operations and executive coaching. In the end, results are what matter - and they were professionally delivered. Accordingly, a major component of our investment program has always been catering to the unique requirements of 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. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. Monroe Capital Announces Strategic Minority Investment by Bonaccord Capital Partners / Aberdeen Standard Investments March 03, 2021 06:00 AM Eastern Standard Time Our financing process always aims to exceed market-based Independent Sponsor economics (ie. I would recommend FCP for any capital raising, transaction or sale oriented services. Advising on both debt and equity placements, we are a turn-key financing solution for experienced operating and private equity professionals. 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. Be careful not to fall into the trap of accepting below market economics if you can avoid it. Well find you partners that match up not only financially, but personally and address the specific dynamics of your deal as well. Each entity is a separate legal entity and solely responsible for its own acts and/or omissions. It's a partnership we understand, appreciate, and are always open to exploring. 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. 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. 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 superior fundless sponsor economics. 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. 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. I have worked with Frisch capital partners for over 20 years, they have always come through for me and my companies. The most successfulfundless sponsorsfocus on institutional quality deal sourcing, transaction execution, portfolio company monitoring and often invest personal funds along-side other investors. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. In conversations Ive had with capital providers, they believe that differentiation relative to independent sponsors can be achieved in the following areas: 1. Just being able to close the initial platform is not sufficient. Get to know Douglas Song, Alberto Garofalo, and Matthew Cohen as they share insights as members of the independent sponsor community. The ideal independent sponsor funding source embraces the independent sponsor model because they want to, not because they have to. Partnership model Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. Save Time. Prospective capital partners are just getting to know them, and the independent sponsor doesnt yet have an established track record or credibility. 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. They are my go to shop for financing for my portfolio companies. We're growing andlooking for talented and driven individuals to join our team. 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. I would recommend FCP for any capital raising, transaction or sale oriented services. My family and partners are eternally grateful to Bob for his assistance. 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. 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. That means we get to know you, your deal, and your exact specific needs. 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. For over 25 years, Frisch Capital has acted as the financing arm for Independent Sponsors buying companies, raising both debt and equity. We dont automate or leave it to chance. 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! Funding comes from the state . 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. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. While there is no longer a scarcity of capital, first-time sponsors do not yet have strong relationships. CohnReznick LLP is a member firm of the Nexia International network. 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. 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. In the end, results are what matter - and they were professionally delivered. Frisch Capital was a wonderful partner to Bassett Creek Capital. 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. 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. At CohnReznick, we forge deep and trustworthy relationships with independent sponsors, facilitating and contributing to their success. We are a constant source of feedback for many new and experienced independent sponsors. As you know, when an Independent Sponsor has a deal under exclusivity EVERY DAY MATTERS! We rely on our network of independent sponsor partners to source investment opportunities. For more information on Broker Dealers and Registered Representatives visithttps://brokercheck.finra.org/. 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. 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. Our comprehensive and flexible equity capital and junior debt solutions help our partners achieve successful outcomes. Top 200 H1B Job Titles. We pride ourselves on being a trusted partner and resource in the. GREAT WORDS FROM CLIENTS Read Testimonials Now! 4. 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. Thanks to them we got great economics, did a number of add-ons with a great partner. This is something smaller funds cant do. 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. 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. Creating value. In an M&A market that is unpredictable and uncertain, its strategic investors time to shine. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equitycapital for independent sponsors, executives and family offices. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in today's evolving market. Access Capital Partners is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. 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. 3. The Oregon Watershed Enhancement Board has awarded seven grants totaling more than $4.1 million for conservation easements to protect working farms and ranches. Frisch Capital Partners is the premier investment bank to help Independent Sponsors raise capital for their transactions. CohnReznick refers to CohnReznick LLP or any of its subsidiaries or affiliates. Well be the answer to your questions, the sounding board when youre frustrated, and the first to toast you at the closing. And youre ready to own equity. Strategic investors take center stage in todays uncertain M&A environment. 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. This network knows the high standards we have when selecting our clients and the Independent Sponsor deals we work on. Our role is to support management with strategic guidance and our ability to identify, evaluate, and execute add-on acquisition opportunities. Bob has been in finance for over 40 years. Many independent sponsors, because of their SBIC partners or because they were not caught up by the affiliation rules, could tap into Paycheck Protection Program (PPP) loans, which helped a lot. Learn more in this free training of how this works. This makes our incentives much more aligned with all the shareholders, including sellers who maintain a stake in their company. Day and night, week-in and week-out. When we call with a deal, they pick up the phone. 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. Colbeck partners with companies during periods of transition, providing creative capital solutions and risk mitigation strategies. Assisting with both new acquisitions, as well as recapitalizations, ACP has become a trusted partner in the independent sponsor community. Examples of Capital Partners in a sentence. 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. SAVE TIME. I was delighted with their expertise, responsiveness, engagement and overall process management in a large and very successful engagement. Access Capital Partners is an investment bank focused on raising capital for independent or fundless sponsor acquisitions and recapitalizations. 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. 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. FOCUS ON VALUE CREATING ACTIVITIES. Back then especially, independent financial advisors in the RIA channel lacked a product-neutral source for . 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. Contact. 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. 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 cannot say it any more strongly than this - Bob saved my company. Claudine M. Cohen, Managing Principal, Transactions & Turnaround Advisory. And frankly, being an owner just makes good sense. From refining your thesis, marketing your deal, negotiating great Independent Sponsor . The typical fundless or independent sponsorcombines the rigor, sophistication and approach of a traditional private equity firm, but maintains the flexibility and autonomy of operating without the mandates to deploy committed LP capital. Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. The need for the capital provider to control the deal is in many times a deal killer for independent sponsors. The independent sponsor comes to the table with intimate industry knowledge, a value creation mindset, and the ability to roll up their sleeves. Website. For more information on Broker Dealers and Registered Representatives visithttps://brokercheck.finra.org/. 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. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. But youve got a problem: youre not sure where youre going to find the capital. We believe the best partnerships are a result of aligned interests that's why the partners at Tregaron are the largest investors in the fund. Here are 6 guidelines to help you get the most out of the independent sponsor model: 1. The tide seems to be shifting as larger middle market funds are jumping into the mix. They prefer an equal partner someone who complements skills they may be lacking. 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. ACP has developed a tailoredapproach to helpindependent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. For an independent sponsor, time is your most precious resource. Sure, if you are a first-time sponsor, you have hurdles to overcome in getting that initial deal financed. 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. Whether this is your first deal or your 5th, you need to talk to us. 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. 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. 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! Our capital is used to facilitate growth, acquisitions, recapitalizations, management buy-outs, generational transfers, and other ownership . 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 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. Managed Services and Outsourced Accounting.
Judy Jordan West Obituary,
Does Fie Marry Moreton In Seaside Hotel,
Articles C