Managed Services and Outsourced Accounting. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. Securities offered through GT Securities, Inc., member FINRA, SIPC. The two sides continued to battle in central Khartoum and other parts of the country. In conversations Ive had with capital providers, they believe that differentiation relative to independent sponsors can be achieved in the following areas: 1. 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. . 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. Center Stage with CohnReznick: Prodos Capital LLC. He sees the Independent Sponsor model as the method executives and industry experts can take to own and run already established businesses. They prefer an equal partner - someone who complements skills they may be lacking. 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. Having closed so many deals with independent sponsors over such an extended period of time provides us a rare perspective. 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 . Acting like a funded private equity firm with discretionary capital is a fruitless exercise. 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. Frisch Capital Partners is the premier investment bank to help Independent Sponsors raise capital for their transactions. Weve been in your shoes. Sudan's military has ruled out negotiations with a rival paramilitary force, saying it would only accept its surrender. 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. Private equity and independent sponsors will become more collaborative, thereby leading to a win-win scenario for all stakeholders. I was delighted with their expertise, responsiveness, engagement and overall process management in a large and very successful engagement. After substantial vetting and comparative shopping FCP was selected as my critical partner. 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. 2. They are my go to shop for financing for my portfolio companies. Here are 6 guidelines to help you get the most out of the independent sponsor model: 1. Request Funding. 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. Our comprehensive and flexible equity capital and junior debt solutions help our partners achieve successful outcomes. Based on their responses, you can decide if they really want to work with you. I cannot say it any more strongly than this - Bob saved my company. Independent Sponsors Experience - Merit has completed a significant number of independent sponsor-led transactions, including several transactions with repeat sponsors. We've alsodeveloped a tailored approach that creates optionality, uncovers the right capital partners and improves success rates. Historically, we saw traditional lower middle market private equity firms leading the way with independent sponsors. In this case, we use our extensive deal flow to identify opportunities well suited for the operator's background and expertise. The Oregon Watershed Enhancement Board has awarded seven grants totaling more than $4.1 million for conservation easements to protect working farms and ranches. Weve raised over $1 BILLION for our Independent Sponsor clients since 1996. While the 2021 outlook is for a healthy M&A market, many potential participants are wondering if there could be a black swan event. My experience with Frisch Capital was outstanding. We look forward to working with Bob and Drew on future opportunities. Sure, if you are a first-time sponsor, you have hurdles to overcome in getting that initial deal financed. Frisch is our go-to partner in capital raising. For more information on Broker Dealers and Registered Representatives visithttps://brokercheck.finra.org/. Well find you partners that match up not only financially, but personally and address the specific dynamics of your deal as well. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. Drew, Bob and Elizabeth delivered exactly as promised. 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. We'll gladly provide guidance on transaction viability, structures and capital alternatives to help you refine which opportunities to pursue. 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. Independent sponsors are using placement agents more frequently, running competitive processes, and syndicating the transaction. The most successfulfundless sponsorsfocus on institutional quality deal sourcing, transaction execution, portfolio company monitoring and often invest personal funds along-side other investors. The future for the independent sponsor ecosystem appears bright. This is notwithstanding that many independent sponsors come from large, successful private equity firms. The ideal independent sponsor funding source embraces the independent sponsor model because they want to, not because they have to. Get to know Douglas Song, Alberto Garofalo, and Matthew Cohen as they share insights as members of the independent sponsor community. Learn how this practice has helped clients create value in the business lifecycle in this 2022 year in review. An ability to provide dry powder for add-on acquisitions. Bassett Creek will forever be grateful to Frisch Capital. 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. At CohnReznick, we forge deep and trustworthy relationships with independent sponsors, facilitating and contributing to their success. The changing influence of capital providers. 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. 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. For more information on Broker Dealers and Registered Representatives visithttps://brokercheck.finra.org/. And frankly, being an owner just makes good sense. 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 We've spent years building relationships with alternatives debt funds, family offices, private equity firms and traditional institutional LPs that invest with independent sponsors. her responsibilities go on and on. 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. 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! Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. If you'd like to explore a career with Access Capital Partners, please. Even if you find the capital, how do you know youve got the best economics? Bassett Creek will forever be grateful to Frisch Capital. Bob has been in finance for over 40 years. For all other general inquiries, please email: LEVERAGE OUR RELATIONSHIPS AND EXPERTISE. Phone: (424) 238-0730 Fax: (424) 238-0728 Email. We're growing andlooking for talented and driven individuals to join our team. 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. 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. We know deals dont sleep, and that means we dont either. Just being able to close the initial platform is not sufficient. 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. 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. We were somewhat profitable but unable to raise capital to grow. 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. | Suite 1151 | St. Louis, MO 63105 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. Frisch Capital deeply believes in the importance of gathering competitive bids on each deal to ensure the client has multiple options for structuring his/her deal. That means we get to know you, your deal, and your exact specific needs. additional capital. SCALE OR START YOUR BUSINESS WITH CAPITAL Raise $25,000 To $1,000,000. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. 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. Save Time. What type of funding source would be the best fit for me and my deals? His expertise is unmatched. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. 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. Despite the economic challenges of the coronavirus pandemic, key takeaways from the summit were that independent sponsors have generally thrived during the pandemic, they continue to grow stronger as an alternative to traditional private equity firms, and the outlook for them in 2021 remains positive. 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. Fit matters in a partnership, especially as an 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. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in today's evolving market. 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. Team What We Do Many independent sponsors came with deep operating expertise, complementing the strength of their existing deal teams. Well do whatever it takes to get the deal done. I was delighted with their expertise, responsiveness, engagement and overall process management in a large and very successful engagement. Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. Don't get frustrated dealing with an 800 number or national chain insurance providers. ACP prides itself on a being a trusted partner and resource in the independent sponsor community. ISS and Glass Lewis Endorsed Hestia's Case for Meaningful Boardroom Change at Pitney Bowes and . We know the ins and outs of deals, raising capital and finding the right investors to partner with you. Sharing the deal economics. 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. Frisch Capital was a wonderful partner to Bassett Creek Capital. Client data, emails, calls, agreements, regulatory requirements, etc. 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. 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. Weve built an incredible network of capital providers that love working with Independent Sponsors. We have partnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Components and EnviroScience. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. This prestigious award recognizes . I have worked with Frisch capital partners for over 20 years, they have always come through for me and my companies. We've changed the way the. Nexia International Limited and each of its member firms are separate legal entities and not part of a worldwide partnership. Private debt funds have flexibility in their capital structures, with many able to pick up a sizable piece of the equity needs. Thanks to them we got great economics, did a number of add-ons with a great partner. 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. 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. Frisch Capital focuses on raising capital and structuring your transaction, so you can focus on the deal itself, the seller and his/her expectations, due diligence, strategic planning and value creation etc. My experience with Frisch Capital was outstanding. No other investment bank has specialized in helping Independent Sponsors raise capital as long as we have. 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. Max. Kirtland can support independent sponsor led transactions as the control-equity investor. 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. Kirtland was founded back in 1977 as a pledge fund and spent our early years operating under this model. 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. Our systems and proprietary process, along with our deep relationships in the marketplace, allow us to be extremely efficient. Drew, Bob and Elizabeth delivered exactly as promised. I have worked with Frisch capital partners for over 20 years, they have always come through for me and my companies. My family and partners are eternally grateful to Bob for his assistance. Assisting with both new acquisitions, as well as recapitalizations, ACP has become a trusted partner in the independent sponsor community. Bob and Drew were trusted business advisors on every aspect of the process. You need someone that is going to work just as hard as you do, that will be just as committed to your deal as you are, and that will throw all of its resources and experience toward getting your deal done and getting you great terms. Accordingly, a major component of our investment program has always been catering to the unique requirements of independent sponsors. Provide introductions to service providers and senior lenders. 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. Partners-Cap.com. While our fund structure has changed our focus hasnt. In the end, results are what matter - and they were professionally delivered. Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. 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. 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. We pride ourselves on being there for our clients from the beginning (Pre-LOI) to the end (the wiring of money). Running a deal and putting it into the market has more moving pieces than you would ever realize. In my opinion, Crux Capital as an independent sponsor is a much better partner for sellers of businesses than a private equity fund. 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. 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! For intermediaries working on the buy side or those who refer a company to us, we pay customary success fees. They are my go to shop for financing for my portfolio companies. Family offices, while still a viable provider of capital, are losing out to traditional private equity, which has stepped up in providing competitive economics. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in todays evolving market. Our role is to support management with strategic guidance and our ability to identify, evaluate, and execute add-on acquisition opportunities. Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. Top 200 H1B Job Titles. Want Better Independent Sponsor Economics or More Complimentary Partners? While the industry has changed, the concepts have not. Since 2013, Dave has taught an MBA course at Ross titled Entrepreneurship through Acquisition. Greg Porto | email Greg Tobben | email, Access Capital Partners 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. Bob is a veteran deal-doer. "I started Dynasty with my partners more than 12 years ago to address a glaring problem. Certainty of close Merit provides certainty to close as a single source of junior capital (both the necessary equity and subordinated debt) for independent sponsors considering multiple financing sources. The tide seems to be shifting as larger middle market funds are jumping into the mix. Capital providers are no longer in the drivers seat. You know that you can make a real difference on the bottom line. It's a partnership we understand, appreciate, and are always open to exploring. 313.237.5100 | One Towne Square, Suite 1400, Southfield, MI 48076, 2023 Peninsula Capital Partners | Terms & Conditions. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. For any inquiries, please call or email us: 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. Government contractor valuation tracker: H2 2022. 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. 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. Monroe Capital Announces Strategic Minority Investment by Bonaccord Capital Partners / Aberdeen Standard Investments March 03, 2021 06:00 AM Eastern Standard Time You will not go wrong having Bob on your team. Our comprehensive and flexible equity capital and junior debt solutions help our partners achieve successful outcomes. I recently participated in the 10th Independent Sponsors Summit presented by iGlobal Forum. To discuss a potential transactionor to start building a relationship, please contact: For all other general inquiries, please email: info@accesscappartners.com. Let us take the burden of raising capitaloff your shoulders, so you can focus on deal sourcing, building relationships with business ownersand growing existing portfolio companies. 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. Creating value. They are now emerging from the mayhem and have demonstrated that they are good business owners. Kirtland can support independent sponsor led transactions as the control-equity investor. Contact. During the honeymoon period of the transaction, its easy for things to go well. Well be the answer to your questions, the sounding board when youre frustrated, and the first to toast you at the closing. Drew is a serial entrepreneur having started 5 businesses, sold a few and still owns some. 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. your closing fees, management fees, carried interest/promote). 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. Based in the United States, with a preference for the Midwest and Central regions, EBITDA between $2 million and $20 million, Manufacturing, Distribution, Business Services, Industrial & Infrastructure Services. 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. Employer Name. Prospective capital partners are just getting to know them, and the independent sponsor doesnt yet have an established track record or credibility. Claudine M. Cohen, Managing Principal, Transactions & Turnaround Advisory. Since our formation in 2012, we have closed more than 35 investments with independent sponsors. 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. Some might argue this is not a healthy environment for the independent sponsor community, and time will tell if this dynamic will cause certain capital providers to step back from the independent sponsor model. Sharing the deal economics. Throughout the transaction, your wisdom, steady hand and goodwill were vital to the successful commercial outcome achieved on behalf of all parties. I would recommend FCP for any capital raising, transaction or sale oriented services. Tregaron Capital. My family and partners are eternally grateful to Bob for his assistance. We will not spam, rent or sell your email. 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. Thanks to them we got great economics, did a number of add-ons with a great partner. Partnership model Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. Suite 1151 St. Louis, Missouri 63105 Subscribe to Merit Capital communications. , Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, MemberFINRAandSIPC, Tampa, FL. Every single one of our deals is 100% individually tailored and 100% hands-on. GREAT WORDS FROM CLIENTS Read Testimonials Now! 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. What economics have they provided sponsors in the past? If you'd like to explore a career with Access Capital Partners, please contact us. They prefer an equal partner someone who complements skills they may be lacking. You will not go wrong having Bob on your team. Similarly, having a third party negotiate on your behalf protects your relationship with your new capital partners. 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. We strive to deliver competitive, flexible capital solutions with the right capital partners to support both . This may include including origination, carry, and annual management fees. I cannot say it any more strongly than this - Bob saved my company. He understands the nuances of financial transactions which has served his clients exceedingly well over the years. Access Capital Partners is not affiliated with StillPoint Capital, LLC. Independent sponsor fees and economics shouldn't bethe only objective of a sponsor, but they are important. This is something smaller funds cant do. Due to our success, we now have our own fund. e first step is downloading our White Paper. How do they see your role after the transaction closes? CohnReznicks Transactions and Turnaround Practice has been rebranded to Value360. He now dedicates his career to helping individuals buy companies, find greater success and live life on their own terms. Every single step of the way. A PROVEN RESOURCE TO INDEPENDENT SPONSORS securecapital and strive to be aninnovator in the space. In some industries, weve seen record EBITDA multiples, while in others, EBITDA is at an all-time low. 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.

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capital partners for independent sponsors

capital partners for independent sponsors