ISS and Glass Lewis Endorsed Hestia's Case for Meaningful Boardroom Change at Pitney Bowes and . They Embrace the Independent Sponsor Model. Independent Sponsor Spotlight: Rob Bauer of Bassett Creek Capital But what happens when situations arise and portfolio companies underperform, or the macroeconomic environment changes? This is notwithstanding that many independent sponsors come from large, successful private equity firms. We pride ourselves on being a trusted partner and resource in the. The ideal independent sponsor funding source embraces the independent sponsor model because they want to, not because they have to. We rely on our network of independent sponsor partners to source investment opportunities. Our capital is used to facilitate growth, acquisitions, recapitalizations, management buy-outs, generational transfers, and other ownership . What we offer to independent sponsors. I have worked with Frisch capital partners for over 20 years, they have always come through for me and my companies. 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. 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. T: 301.364.9020 F: 301.364.9022 : home l team l portfolio l news l careers l contact l brochure Well do whatever it takes to get the deal done. I cannot say it any more strongly than this - Bob saved my company. Request Funding. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. 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. Drew, Bob and Elizabeth delivered exactly as promised. For all other general inquiries, please email: LEVERAGE OUR RELATIONSHIPS AND EXPERTISE. We are still looking to invest in great deals, including those sourced by independent sponsors. We're growing andlooking for talented and driven individuals to join our team. Just being able to close the initial platform is not sufficient. A tenuous 24-hour cease-fire ran out Thursday evening with no word of an extension. 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. 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. 2. . Invaluable is a word that gets tossed around indiscriminately these days - Bob's guidance was truly invaluable in our case. These platforms result in multiple acquisitions requiring easily north of $100-$200 million of equity over a three- to five-year time horizon. Bob is a veteran deal-doer. Rest assured Bob has seen it all. Family offices, while still a viable provider of capital, are losing out to traditional private equity, which has stepped up in providing competitive economics. This may include including origination, carry, and annual management fees. Having closed so many deals with independent sponsors over such an extended period of time provides us a rare perspective. With an intensive focus on the independent sponsor model, we understand the unique challenges that independent sponsors face in todays evolving market. At CohnReznick, we forge deep and trustworthy relationships with independent sponsors, facilitating and contributing to their success. 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. For more information on Broker Dealers and Registered Representatives visithttps://brokercheck.finra.org/. 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. Dave has spent his entire career working with middle market private companies, starting his career with PricewaterhouseCoopers middle market advisory and transaction services practices for 7 years before transitioning into private equity. Earlsfort Capital Partners Limited, a non-bank property lender, has launched a new lending vehicle, Earlsfort Development Finance DAC, dedicated to providing construction finance for residential . No other investment bank has specialized in helping Independent Sponsors raise capital as long as we have. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. her responsibilities go on and on. 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! The independent sponsor comes to the table with intimate industry knowledge, a value creation mindset, and the ability to roll up their sleeves. Independent Sponsor Spotlight: Rob Bauer of Bassett Creek Capital May 26, 2021 The interview below is part of a series from McGuireWoods that features interviews with impressive independent sponsors as part of our ongoing commitment to the independent sponsor community. Throughout the transaction, your wisdom, steady hand and goodwill were vital to the successful commercial outcome achieved on behalf of all parties. For an independent sponsor, time is your most precious resource. 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. Partnership model Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. (Hint- it's really, really good.). Why is anything less than that reasonable or acceptable? Colbeck partners with companies during periods of transition, providing creative capital solutions and risk mitigation strategies. 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. 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. Frisch Capital was a wonderful partner to Bassett Creek Capital. FCP has always believed that the Independent Sponsor client is as important as the deal itself. 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. Assisting with both new acquisitions, as well as recapitalizations, ACP has become a trusted partner in the independent sponsor community. SAVE TIME. 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. In each case, our capital structure allows for creative financing solutions that work for everyone involved, and oftentimes the ability to get deals done others can't. FOCUS ON VALUE CREATING ACTIVITIES. I recently participated in the 10th Independent Sponsors Summit presented by iGlobal Forum. Access to Capital No Longer a Constraint for Independent Sponsors Partnership model - Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. ACP has developed a tailoredapproach to helpindependent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. Independent Sponsors Work With Us | Frisch Capital Partners 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. Our founders were focused on finding great deals and helping those businesses grow with our support. In this case, we use our extensive deal flow to identify opportunities well suited for the operator's background and expertise. 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! Throughout the transaction, your wisdom, steady hand and goodwill were vital to the successful commercial outcome achieved on behalf of all parties. 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. While our fund structure has changed our focus hasnt. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. From our experience, receiving numerous offers (term sheets/proposals) always results in favorable economics and terms for our clients. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. 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. . We havepartnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Componentsand EnviroScience. Working closely with affiliated fund managers, we develop custom-tailored solutions that satisfy administrative, financial and regulatory requirements. Learn how this practice has helped clients create value in the business lifecycle in this 2022 year in review. Sharing the deal economics. I am happy to discuss at any time. Tregaron Capital. 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. Nexia International Limited and each of its member firms are separate legal entities and not part of a worldwide partnership. During the honeymoon period of the transaction, its easy for things to go well. . Managed Services and Outsourced Accounting. Well be the answer to your questions, the sounding board when youre frustrated, and the first to toast you at the closing. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equitycapital for independent sponsors, executives and family offices. 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 understand the complex processes and . 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. Valuation arbitrage exists especially between smaller and larger businesses. Sharing the deal economics. Independent Sponsors | Merit Capital We invite people interested in learning more about our experience with independent sponsor transactions to visit the Portfolios section on this website which summarizes dozens of successfully closed independent sponsor deals, and to visit the Transaction Case Studies section which presents a more in-depth description of two completed independent sponsor transactions as well as other types of transactions. Due to their infrastructure and resource constraints, independent sponsors essentially served as an extension of their sourcing efforts. Tregaron Capital 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. 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. What type of funding source would be the best fit for me and my deals? Every single step of the way. He knows what its like to be in your shoes. Quadec seeks to align companies and management teams with the appropriate capital structure to create enduring value.