We seek to develop a balanced portfolio of investments that meets our return and diversification objectives across multiple business cycles.

Investment Size: 

$2 - $10 million per portfolio company

Company Characteristics: 
  • Minimum Revenue: $10 million

  • Minimum EBITDA: $1 million

  • Sustainable free cash flow

  • Proven management team with at-risk capital

  • Diversified customers, markets and suppliers

Investment Structures: 
  • Coupon-only, fixed rate, subordinated debt

  • Subordinated debt with nominally priced warrants

  • Minority equity co-investments

Geographic Focus:

Southeast and Mid-Atlantic US

Transaction Types: 
  • Private equity sponsored buyouts

  • Management and family-driven ownership transitions

  • Acquisitions

  • Recapitalizations

  • Growth capital

Industry Focus: 
  • Business services

  • Light manufacturing

  • Healthcare services

  • Consumer products

  • Wholesale distribution

  • Recurring revenue business models