PitchBook and ACG Los Angeles Present
ACG Capital 速 Connection Los Angeles Exhibitor Profiles ACG Los Angeles Business Conference Sept. 17-18, 2013 Beverly Hilton Hotel Los Angeles, CA
Table of Contents
CAPITAL CONNECTION EXHIBITORS 1. 1st PMF Bancorp 2. AGR Partners 3. Akoya Capital 4. Alcentra 5. AloStar Business Credit 6. Audax Group 7. Avante Mezzanine Partners 8. Baird Capital 9. Balance Point Capital Partners 10. Balmoral Funds 11. BBT Capital Partners 12. Bertram Capital 13. Brazos Private Equity Partners 14. Breakwater Investment Management 15. Brookside Equity Partners 16. Caltius Mezzanine Partners 17. CapX Partners 18. Castanea Partners 19. Centerfield Capital Partners 20. CID Capital 21. Citi 22. Clearlake Capital Group 23. ClearLight Capital Partners 24. Clearview Capital 25. Convergent Capital 26. Corridor Capital 27. CriticalPoint Partners 28. Cyprium Investment Partners 29. DTZ 30. Encore Consumer Capital 31. Excellere Partners 32. Fifth Street Finance 33. Fundamental Capital 34. Hammond Kennedy Whitney Company 35. Harbour Group 36. Healthcare Finance Group 37. High Road Capital Partners 38. Huntington Capital 39. ICON Investments 40. Insight Equity 41. JLL Partners 42. KCB Management
43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79. 80. 81. 82.
Lee Equity Partners Linsalata Capital Partners LongueVue Capital Main Street Capital Corporation Mainsail Partners Maranon Capital Melville Capital Moelis Capital Partners Monroe Capital LLC Morgenthaler Private Equity (MPE) New Heritage Capital NewStar Financial NMS Capital Partners, LLC ORIX Leveraged Finance Platte River Equity PNC Riverarch Capital Prospect Capital Corporation Prospect Partners Prudential Capital Group Sherwood Partners Silicon Valley Bank StoneCalibre Tamarix Capital The Gladstone Companies The Gores Group The Riverside Company Tregaron Capital Company Triangle Capital Corporation TSG Consumer Partners Union Bank Versa Capital Management Victory Park Capital VMG Partners W Capital Partners Wafra Webster Capital Wedbush Capital Partners Wilmington Trust Wingate Partners Wynnchurch Capital Partners
1st PM Factors Bancorp
1
1st PMF Bancorp has been a family run, direct lender for factoring and trade financing since 1985. The firm specializes in domestic and foreign transactions with an emphasis on financing importers and wholesalers; however, we also finance the service and manufacturing industries as well. PMF finances companies between $1 million to $100 million in sales, and can provide factoring, PO and international trade financing. PMF also provides credit services like A/R management, credit insurance and other credit services for clients.
General Firm Statistics Investor type: Year founded: Total debt financings: No. of investment professionals:
Lender/Debt provider 1985 $300 million 20
Contact
Recent Debt Financings Company Name APT Inc. AVT Inc. AMI Staffing
Deal Type Asset Base Factoring Trade Financing Factoring
Deal Date Feb-2013 Nov-2012 Jun-2013
Most Recent Closed Fund Name PMF Capital Investments
Vintage
Type Private
Size ($M) 20
9701 West Pico Boulevard First Floor Los Angeles, CA 90035 United States (310) 858-6696 Primary Contact Stephen Perl Chief Executive Officer Cynthia@PMFbancorp.com (310) 951-0568
2
AGR Partners
AGR Partners is a private equity firm that cultivates long-term growth in companies seen as indispensable assets of the agriculture and food value-chain. AGR facilitates late-stage growth, strategic acquisitions and ownership transitions via noncontrolling investments in private and public companies. AGR targets mature companies in investment grade countries, equity or convertible debt structures, and an investment target size of $10 million to $75 million. AGR is backed by a U.S.based pension with significant, long-term investments in food and agriculture. The firm is headquartered in Visalia, California, but its team and Advisory Board are represented across the globe.
General Firm Statistics Private Equity – minority stake 2012 4
Investor type: Year founded: No. of investment professionals:
Recently Closed Investments Company Name
Deal Type
Deal Size
Ridley Corporation
Common Stock
$56 million
Contact 113 North Church Street Visalia, CA 93291 United States Primary Contact
Jake Sill Vice President jsill@agrpartners.com (559) 677-7850
3
Akoya Capital Partners, LLC Akoya Capital Partners is an independent private investment firm that sponsors transactions in lower and middle-market businesses with attractive growth prospects. The firm differentiates itself from other private equity firms through its singleminded focus on sector and executive-led investing.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout, Merchant Banking Firm 2005 $300 million 8 8 9
Recently Closed Investments Company Name
Deal Type Buyout/LBO
Jun-2013
LawLogix Group
PE Growth/Expansion
Dec-2012
FabEnCo
Buyout/LBO
Sep-2012
Cass Polymers
Buyout/LBO
Jul-2012
ICM Products
Buyout/LBO
Feb-2012
Eddy Packing
Buyout/LBO
Dec 2010
Consumer Non‐Durables 12%
Commercial Products 13%
IT Services 25%
Chemicals & Gases 25%
Commercial Services 25%
Contact 625 North Michigan Avenue Suite 2450 Chicago, IL 60611 United States (312) 546-8300
Deal Date
Panhandle Oilfield Service Companies
All Investments by Industry
Primary Contact Karen Scalise Operations Manager kscalise@akoyacapital.com (312) 546-8302
4
Alcentra Group
Alcentra provides debt and equity capital to support management buyouts, recapitalizations, acquisition financing and growth capital. We will invest in unitranche debt, second lien loans, subordinated debt, preferred equity and common equity. Alcentra, based in New York, manages approximately $550M million of capital and is investing its third junior capital fund. The Fund invests in unitranche debt, mezzanine debt, and equity. It typically invests between $5M and $40M per transaction in companies with EBITDA between $5M and $50M. The Fund makes investments in transactions led by sponsors, independent sponsors or directly with entrepreneurs/ business owners. Industry experience includes: healthcare services, technology, business and outsourced services, light manufacturing, energy services, consumer and defense and government services.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Lender/Debt Provider 1998 $550 million 15 12 6
Contact 200 Park Avenue 7th Floor New York, NY 10166 United States (212) 922-8324
Recently Closed Investments Company Name Battery Solutions Southern Technical Institute Show Media Casedhole Solutions Kedleston Schools
Deal Type Debt/Equity Unitranche/Equity Buyout/LBO Mezzanine Buyout/LBO
Deal Date Dec-2012 Oct-2012 Sep-2012 Aug-2012 Aug-2011
Most Recent Closed Fund Name BNY Mellon-Alcentra Mezzanine Partners III
Vintage 2010
Type Mezzanine
All Investments by Industry
B2C Services 25% Energy Services 25%
Commercia l Services 50%
Size ($M) 210
Primary Contacts Karin Kovacic Vice President karin.kovacic@alcentra.com (212) 922-8324 Scott Gold Senior Vice President scott.gold@alcentra.com (212) 922-8325
5
AloStar Business Credit AloStar Business Credit provides asset-based lending products nationwide to businesses ranging between $20 million and $300 million in revenue and with financing needs ranging between $5 million and $20 million. AloStar Business Credit is the asset-based lending arm of AloStar Bank of Commerce. For more information, visit www.businesscredit.alostarbank.com.
General Firm Statistics Lender 2011 48
Investor type: Year founded: Total debt financings:
Recent Debt Financings
Contact
Company Name
Deal Type
Deal Date
Lakeland Industries
Debt Financing
Jul-2013
American Forest Products
Debt Financing
Jul-2013
Lightbridge Communications
Debt Financing
Jul-2013
Armstrong Tools
Debt Financing
Jul-2013
Sycamore Networks
Debt Financing
Mar-2013
18100 Von Karman Ave Suite 850 Irvine, CA 92612 United States (714) 389-1266 Primary Contact
Darryl Karmen Director dkarmen@alostarbank.com (714) 389-1266
6
Audax Group
Audax Group invests in lower-middle market companies. With offices in Boston and New York, Audax has more than $5 billion in assets under management in its private equity, mezzanine and senior debt funds. Audax Private Equity invests more than $2.4 billion of equity capital in control acquisitions of lower-middle market companies across a select group of industries. The firm uses a “buy and build” strategy in which it takes niche market leader platforms and invests in add-on companies, while at the same time focusing on organic operational growth. The private equity arm makes equity investments of between $10 million and $100 million. The mezzanine group focuses on mezzanine financings requiring $10 million to $60 million of capital. Additionally, Audax Senior Debt provides investments of up to $20 million.
General Firm Statistics PE/Buyout, Mezzanine 1999 $5 billion 187 51 70
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name Bomar Interconnect Products GlassCell Isofab ATS Wheelchair and Medical Chesapeake Research Review E.W. Kaufmann
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Aug-2013 Jul-2013 May-2013 May-2013
Most Recent Closed Fund Name Audax Private Equity Fund IV
Vintage 2012
Type Buyout
Size ($M) 1,250
All Investments by Industry* Healthcare Devices & Supplies 9%
Chemicals & Gases 9%
Pharmaceuticals & Biotechnology 9%
Transportation 9% Commercial Products 64%
* Since 2013
101 Huntington Avenue Boston, MA 02199 United States (617) 859-1500 Primary Contact John Jester Managing Director jcjester@audaxgroup.com (617) 859-1509
7
Avante Mezzanine Partners Avante Mezzanine Partners is focused on making subordinated debt and minority equity investments in lower middle market businesses. It makes $5 million to $20 million investments in companies across the U.S. that generate at least $3 million in cash flow. Avante works with private equity and independent sponsors in buyout transactions, as well as with entrepreneurs and owners to finance recapitalizations, refinancings, acquisitions and growth. Additionally, as a womenowned fund, one of Avante Mezzanine Partners’ areas of interest, although not exclusive focus, is providing capital to women and minority-owned companies. Avante is headquartered in Los Angeles with an office in Boston.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Mezzanine, SBIC 2010 $218 million 8 8 8
Contact
Recently Closed Investments Company Name Auto Meter Dexmet AeroMetric Network Instruments Telestream PIU Management Nobles Manufacturing SunBriteTV
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Acquisition Buyout/LBO Buyout/LBO
Deal Date May-2013 Mar-2013 Aug-2012 Apr-2012 Jan-2012 Jan-2012 Apr-2011 Dec-2010
Most Recent Closed Fund Name Avante Mezzanine Partners SBIC
Vintage 2010
Type Mezzanine
Size ($M) 218
All Investments by Industry Commercial Products 17% Commercial Services 16%
Consumer Products 23%
Aerospace & Defense 6%
Hardware & Software 33%
Consumer Services 5%
11150 Santa Monica Boulevard Suite 1470 Los Angeles, CA 90025 United States (310) 667-9242 Primary Contact Jeri Harman Founder & Partner jharman@avantemezzanine.com 310-667-9244
8
Baird Capital
Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors in the U.S., U.K. and China. Baird Capital partners with entrepreneurs and leverages its executive networks to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in Asia, a proactive portfolio operations team and a deep network of relationships which together deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co.
General Firm Statistics PE/Buyout, Growth/Expansion, Venture Capital 1989 $2.9 billion 272 60 60
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Recently Closed Investments Company Name T-Bird Sanctuary Talent Academy Insightra Medical Amphora Medical Kedu
Deal Type Buyout/LBO Growth Equity Later Stage VC Later Stage VC Growth Equity
Deal Date Jul-2013 Apr-2013 Apr-2013 May-2013 Aug-2013
Most Recent Closed Fund Name Baird Capital Partners Europe II
Vintage 2013
Type Buyout
All Investments by Industry* Healthcare Devices & Supplies Healthcare 14% Technology Systems 14%
Software 15%
Transportation 14%
IT Services 14% Media 14%
* Since 2013
Commercial Services 15%
Size ($M) 60
Contact 227 West Monroe Street Suite 1900 Chicago, IL 60606 United States 312-609-4700 Primary Contact Gordon Liao gliao@rwbaird.com (312) 609-4671
9
Balance Point Capital Partners
Balance Point Capital Partners invests mezzanine debt and equity capital in select lower middle market companies. The firm is the successor fund to the First New England Capital family of funds which was formed in 1988.
General Firm Statistics Investor type: Year founded: Total debt & equity financings:
PE/Buyout 1988 8+
Contact
Recent Debt Financings Company Name
Deal Type
Deal Date
Nassau Broadcasting Partners
Debt Financing
May-2013
Cox Media Group (Three Connecticut Radio Stations)
Debt Financing
May-2013
ePrize
Debt Financing
Aug-2012
UNIPOWER
Debt Financing
Dec-2011
Koch Eye Associates
Debt Financing
Aug-2011
All Debt Financings by Industry
Healthcare Services 13%
Commercial Services 12%
Computer Hardware 13% Consumer Non‐Durables 13% IT Services 12%
Media 37%
8 Church Lane Suite 200 Westport, CT 06880 United States (203) 652-8250 Primary Contact Justin Kaplan Partner jkaplan@balancepointcapital.com (203) 652-8264
10
Balmoral Funds Balmoral Funds is a Los Angeles-based private equity firm that invests in recapitalization, special situations, corporate divestitures and acquisitions of companies that are financially stressed, challenged, in need of financial or operational restructuring or are undervalued by their markets and stakeholders.
General Firm Statistics
PE/Buyout 2005 $160 million 8 5 5
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact 11150 Santa Monica Boulevard Suite 825 Los Angeles, CA 90025 United States (310) 473-3065
Recently Closed Investments Company Name iGPS Concurrent Manufacturing Valley Aggregate Transport (Aggregates-Hauling Assets) Dispatch Transportation GlobalOptions Services Bennington Marine
Deal Type Asset Purchase Buyout/LBO Add-on
Deal Date Jun-2013 Oct-2012 Apr-2012
Asset Purchase Buyout/LBO Asset Purchase
Sep-2011 Jul-2010 Dec-2009
Most Recent Closed Fund Name Balmoral Special Situations Fund II LP
Vintage 2012
Type PE Growth-Expansion
All Investments by Industry
Commercial Products 25% Containers & Packaging 13%
Consumer Durables 12% Commercial Services 25%
Transportati on 25%
Size ($M) 110
Primary Contact Robin Nourmand Principal rnourmand@balmoralfunds.com (310) 473-3065
11
BB&T Capital Partners
BB&T Capital Partners and its affiliates ("BBTCP") manage committed capital across three separate fund strategies, each of which is focused on the middle market. The firm makes direct equity investments as the lead investor or as a co-investor with other private equity groups in control transactions of privately held companies; it provides subordinated debt and, if applicable, equity in support of transactions led by financial sponsors and others; and it invests in other private equity funds. Since 1998, BBTCP has invested directly in more than 50 privately held, middle-market companies in a variety of industries, providing patient capital to facilitate buyout, acquisition, growth and recapitalization transactions. BBTCP's investing strategy focuses on a partnership approach with management with a common goal of long-term value creation.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout and Mezzanine 1997 $800 million+ 50+ 29 14
Contact 101 North Cherry Street Suite 700 Winston-Salem, NC 27101 United States (336) 733-0350
Recently Closed Investments Company Name
Deal Type Mezzanine Mezzanine Buyout/LBO Mezzanine Buyout/LBO
Linkage Marketplace Events Young Innovations Precision Aviation Group Smith-Cooper International
Deal Date Jul-2013 Mar-2013 Jan-2013 Dec-2012 Oct-2012
Most Recent Closed Fund Name BB&T Capital Partners Mezzanine Fund II
Vintage 2011
Type Mezzanine
Size ($M) 227
All Investments by Industry* Healthcare Devices & Supplies 5%
Commercial Products 27%
Retail 5%
Commercial Banks 4% Healthcare Services 18%
Equipment 9%
Pharmaceuticals & Biotechnology 14% Commercial Services 9% Transportation 9%
* Since 2011
Primary Contact Brent Kulman Director of Business Development bkulman@bbandt.com (336) 733-0354
12
Bertram Capital
Bertram Capital is a private equity firm that partners with management teams to fuel the expansion of lower middle market companies. Bertram Capital provides operational and strategic resources to facilitate rapid growth in revenue and profitability. Bertram executes a focused buy-and-build strategy to grow platform companies through organic growth initiatives and the aggressive pursuit of strategically accretive acquisitions.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2006 $850 million 24 6 12
Contact
Recently Closed Investments Company Name Webex Paula's Choice Premier Dies Enfotrace Spireon
Deal Type Buyout/LBO PE Growth/Expansion Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Dec-2012 Nov-2012 Mar-2012 Feb-2011 Feb-2011
Most Recent Closed Fund Name Bertram Growth Capital II
Vintage 2010
Type Buyout
Size ($M) 500
All Investments by Industry Consumer Non‐Durables 4%
Commercial Products 31%
Apparel & Accessories 4%
Containers & Packaging 4% Healthcare Services 9% Media 13%
Transportation 4%
Healthcare Devices & Supplies 9% Software 9% Commercial Services 13%
800 Concar Drive Suite 100 San Mateo, CA 94402 United States (650) 358-5000 Primary Contact Michelle Chao mchao@bertramcapital.com (650) 358-5071
13
Brazos Private Equity Partners
Brazos Private Equity Partners is a Dallas-based private equity firm that has managed investment funds with approximately $1.4 billion of equity capital since inception. Brazos focuses on investments in leading middle-market consumer, healthcare, commercial & industrial, and business services companies, and partners with outstanding management teams and/or owners of closely-held businesses to maximize growth and shareholder value. Brazos has been one of the most active middlemarket private equity investment firms, having completed in excess of 80 transactions over the past decade.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1999 $1.4 billion 71 12 13
Contact
Recently Closed Investments Company Name Eberle Design, Inc. Southern Tide European Wax Center ScripNet Ennis-Flint
Deal Type Buyout/LBO Buyout/LBO PE Growth/Expansion Buyout/LBO Merger of Equals
Deal Date Aug-2013 Aug-2013 Apr-2013 Aug-2012 Mar-2012
Most Recent Closed Fund Name Brazos Equity Fund III
Vintage 2008
Type Buyout
Size ($M) 715
All Investments by Industry*
Commercial Products 43% B2C Services 7% Healthcare Technology Systems 7% Healthcare Services 7% * Since 2010
Apparel & Accessories 7% Chemicals & Gases 8%
Media 7%
Commercial Services Transportation 7% 7%
100 Crescent Court Suite 1777 Dallas, TX 75201 United States (214) 756-6500 Primary Contact Elizabeth Hunt Associate, Business Development ehunt@brazospartners.com (214) 756-6509
14
Breakwater Investment Management
Breakwater Investment Management, LLC is a private investment firm based in Los Angeles that specializes in direct investments on the small-capital markets, companies that have annual revenues between $10 million and $150 million and/or an enterprise value of less than $150 million. Breakwater has established Breakwater Structured Growth Opportunities Fund, LP, a $100 million open-ended private investment partnership. The Fund’s principal objective is to generate both current income and capital appreciation through direct placement of senior or subordinated secured debt, and in some instances, convertible debt securities in hyper-growth private and public companies. Breakwater will approach each investment opportunity with a customized, risk-adjusted model, utilizing a range of transaction structures designed to yield a secured base return with upside potential for significant capital appreciation. Equity participation will include, but not be limited to, conversion rights and options/warrants to purchase common or preferred stock. Breakwater typically will invest $2 million to $20 million in each of its principal transactions. In addition to principal capital commitments, Breakwater will provide strategic advisory and operational experience to support these growth companies in building world-class enterprises.
General Firm Statistics Growth/Expansion, Mutual Fund 2008 $100 million 11 10 6
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Recently Closed Investments Company Name Consensus Orthopedics
Deal Type Debt Refinancing and Growth/Expansion PE Growth/Expansion Growth/Expansion Growth/Expansion
L&L Broadcasting Planet Blue Bleach Group
Deal Date Jun-2013 May-2013 Apr-2013 Jan-2013
All Investments by Industry
Media 10% Services 30%
Medical Appliances & Equipment 10% Healthcare Technology Systems 10%
Apparel & Accessories 20%
Entertainment Production & Marketing Fitness & Spa Services Services 10% 10%
Contact 1999 Avenue of the Stars Suite 3430 Los Angeles, CA 90067 United States (424) 777-4000 Primary Contact Saif Mansour Managing Partner smansour@breakwaterfund.com (424) 777-4000
15
Brookside Equity Partners
Brookside Equity Partners focuses on sponsoring control private equity investments and co-investing, in majority or minority positions, in private equity transactions sponsored by other investment firms. Brookside Equity Partners is not a traditional fund. Their substantial capital is evergreen, patient and flexible. They determine their investment horizons based on the needs of the businesses in which we invest, rather than through artificial time horizons imposed by traditional funds. This flexibility distinguishes us from other private equity groups who may seek investment realizations based on fund raising cycles rather than fundamental business reasons. Brookside Equity Partners structures investments with a conservative capital base and a term that is appropriate for the companies in which they invest. They are proud of their successful investment track record beginning with the inception of our predecessor entity in 1977. They typically invest equity of $5 million to $25 million in each transaction. ____________________________________________________________________________________________
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1977 $500 million 32 14 5
Contact
Recently Closed Investments Company Name Valterra Products Hillsdale Furniture NSi Industries Performance Health Meta Financial Group
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO PIPE
Deal Date Jun-2013 Dec-2012 Dec-2012 Oct-2012 Oct-2012
201 Tresser Boulevard Suite 320 Stamford, CT 06901 United States (203) 595-4520 Primary Contact Raymond Weldon Managing Director rweldon@brooksidegrp.com (203) 595-4522
16
Caltius Mezzanine
Based in Los Angeles, Caltius Mezzanine employs a thoughtful approach to meet the middle market’s needs for subordinated debt and minority equity in amounts ranging from $10 million to $100 million. We partner with management teams, entrepreneurs, equity sponsors, and senior lenders to create optimal capital structures for our portfolio companies. Our capital is utilized to support acquisitions, recapitalizations, refinancings, management/leveraged buyouts, organic growth, and liquidity for existing shareholders. We invest in a broad range of industries throughout North America, but have been particularly active over the years in asset-light service businesses.
General Firm Statistics Mezzanine 1997 $1 billion 60 18 9
Investor type: Year founded: Assets under management: Total mezzanine investments: Active mezzanine investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name AGC Composites & Aerostructures Divisions Maintenance Group Universal Services of America Universal Services of America J-B Weld Company
Deal Type Buyout/LBO Management Buyout Add-On Acquisition Add-On Acquisition Leveraged Recapitalization
Deal Date Jul-2013 Jun-2013 Jun-2013 Apr-2012 Dec-2012
Vintage 2008
Size ($M) $508
Most Recent Closed Fund Name Caltius Mezzanine Partners IV
Type Mezzanine
All Investments by Industry* B2C Services 5% Healthcare Services 15%
Commercial Services 60%
Commercial Products 5% Other Financial Services 5% Healthcare Devices & Supplies 5% Insurance 5%
* Since 2010
11766 Wilshire Boulevard Suite 850 Los Angeles, CA 90025 United States (310) 996-9585 Primary Contact Zoltan Berty Principal zberty@caltius.com (310) 996-0127 Gavin Bates Principal gbates@caltius.com (310) 996-0145
17
CapX Partners
As a capital provider to middle market companies, private equity sponsored and venture capital backed firms, their clients rely on them to create sophisticated solutions to their financing needs. They pride themselves on their depth of knowledge, responsiveness and the effort they employ to understand their clients' businesses, goals and objectives. CapX was founded in 1999. The principals of CapX combine almost a century of finance, fund and management consulting experience and have met with thousands of companies and their owners to evaluate their wide-ranging business situations and capital needs. They fund opportunities from $2 million to $20 million in situations such as new plant expansion, manufacturing lines, channel of distribution and service to new customers plus provide needed liquidity by leveraging in-place fixed assets.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Senior Debt/Mezzanine 1999 $275 million 150+ 33 11
Recently Closed Investments Company Name Discover Books Propel Fuels Terra Renewal
Deal Type Growth Capital Venture Debt Growth Capital
Deal Date Jul-2013 Jul-2013 Jul-2013
Most Recent Closed Fund Name CapX Fund IV
Vintage 2012
Type Mezzanine
Size ($M) 225
All Investments by Industry
16%
20%
Business Services Energy Industry Healthcare Services
5%
16%
Manufacturing‐Food Manufacturing‐General Manufacturing‐Specialty Manufacturing‐Transportation
16% 12% 7%
8%
Telecommunications
Contact 155 North Wacker Drive Suite 1760 Chicago, IL 60606 United States (312) 893-7400 Primary Contact Richard Bollinger Managing Director rbollinger@capxpartners.com (312) 893-7413
18
Castanea Partners
Castanea Partners is a middle market consumer-focused private equity firm founded by operating executives and private equity veterans. The firm is primarily focused on investing in high-engagement consumer brands and marketing services companies that enable such brands to connect most successfully with their customers. The firm also seeks to invest in select business-to-business must-have information providers. Castanea draws upon the leadership, advisory and investing experience of its partners and professionals. It participates in traditional management buyouts, sales of private companies, industry consolidation opportunities, growth and acquisition equity, and operationally challenging situations.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout, Growth/Expansion 2001 $511 million 15 8 12
Recently Closed Investments Company Name Drybar TRX Training Donald J Pliner VRP/Health Resources Urban Decay Ippolita
Deal Type PE Growth/Expansion PE Growth/Expansion Buyout/LBO PE Growth/Expansion Buyout/LBO PE Growth/Expansion
Deal Date Jan-2012 Mar-2011 Feb-2011 Feb-2010 Mar -2009 Nov-2007
Most Recent Closed Fund Name Castanea Partners Fund III
Vintage 2007
Type Buyout
Size ($M) 511
All Investments by Industry Capital Markets/ Institutions 5%
Apparel & Accessories 25%
Retail 5%
Consumer Durables 5%
B2C Services 5% Healthcare Technology Systems 5%
Consumer Non‐ Durables 20%
Commercial Services 15%
Media 10% IT Services 5%
Contact Three Newton Executive Park Suite 304 Newton, MA 02462 United States (617) 630-2400 Primary Contact Marion Schouten Director of Business Development mschouten@castaneapartners.com (617) 630-2420
19
Centerfield Capital Partners
Centerfield Capital Partners is a leading national provider of junior capital to lower middle market companies. Centerfield works closely with financial sponsors (funded and independent), management teams and business owners who seek subordinated debt and equity financing to build companies. Typically, the capital Centerfield provides is used to finance change of control transactions, recapitalizations, add-on acquisitions, or growth initiatives.
General Firm Statistics
Mezzanine, PE (minority) 1998 $300 million 40 23 8
Investor type: Year founded: Assets under management: Total mezzanine investments: Active mezzanine investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name Imaginetics (aerospace components mfr.) Battery Solutions (battery recycling services) Banner Service (metal bar processor & distr.) Duplication Services (video post-production services) Direct Marketing Solutions (direct mktg.)
Deal Type Sponsored LBO Sponsored Recap Sponsored Recap Sponsored Recap
Deal Date Dec-2012 Dec-2012 Nov-2012 Oct-2012
Sponsored recap
Sep-2012
10 West Market Street 3000 Market Tower Indianapolis, IN 46204 United States (317) 237-2323 Primary Contacts Mark Hollis Principal and Director of Business Development mark@centerfieldcapital.com (317) 464-1523
Most Recent Closed Fund Name Centerfield Capital Partners III
Vintage 2011
Type Mezzanine
Size ($M) 171
All Investments by Industry* Retail 0% Consumer Non‐Durables 15%
Commercial Products 23%
Apparel & Accessories 8%
Healthcare Devices & Supplies 7% Transportation 8%
* Since 2010
Commercial Services 23%
Chemicals & Gases 7% Consumer Durables 8%
Faraz Abbasi Partner faraz@centerfieldcapital.com (317) 237-2322
20
CID Capital
CID Capital makes majority investments in lower-middle-market, consumer and industrial product-oriented businesses with a strong history of consistent performance. Their focus is on companies that have the potential to grow significantly but have been constrained by lack of capital, operating systems or management experience. CID provides the resources and capital to overcome these critical constraints.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1981 $320 million 120 7 7
Contact
Recently Closed Investments Company Name Rite in the Rain ABC Industries Matilda Jane Clothing Westone Laboratories Chef’n Corp.
Deal Type PE Growth/Expansion PE Growth/Expansion PE Growth/Expansion PE Growth/Expansion PE Growth/Expansion
Deal Date Apr-2013 Oct-2012 Jul-2012 Dec-2011 Nov-2011
Most Recent Closed Fund Name CID Capital Opportunity Fund I
Vintage 2007
Type Buyout
All Investments by Industry*
Healthcare Devices & Supplies 10%
Apparel & Accessories 10% Commercial Products 10% * Since 2008
Consumer Durables 20% Consumer Non‐Durables 40%
Retail 10%
Size ($M) 75
201 West 103rd Street Suite 200 Indianapolis, IN 46290 United States (317) 818-5030 Primary Contact Adam Bolerjack Deal Generation Associate adam@cidcap.com 317-708-4863
21
Citigroup General Firm Statistics Investor type: Total debt financings:
Corporation 138
Contact
Recent Debt Financings Company Name
Deal Type
Deal Date
Gardner Denver
Debt Financing
Jul-2013
KCG Holdings
Debt Financing
Jul-2013
Citi 444 South Flower St, 40th Floor Los Angeles, CA. 90071
Local TV (19 Television Stations)
Debt Financing
Jul-2013
Primary Contact
H.J. Heinz
Debt Financing
Jun-2013
Teak Midstream
Debt Financing
May-2013
All Debt Financings by Industry* Computer Hardware 8% Energy Services 8%
Consumer Non‐Durables 8%
Healthcare Services 8% Other Business Products and Services 7%
IT Services 8%
Restaurants, Hotels and Leisure 8% * Since 2013
Commercial Products 15%
Capital Markets/ Institutions 8%
Media 8%
Exploration, Production Commercial and Refining Services 7% 7%
Richard Thomson Senior Vice President richard.thomson@citi.com (213) 239-1445 (310) 998-7174
22
Clearlake Capital Group
Clearlake Capital Group, L.P. is a private investment firm focused on special situations and private equity investments such as corporate divestitures, recapitalizations, buyouts, reorganizations, turnarounds and other equity investments. Clearlake seeks to partner with world-class management teams by providing patient, long-term capital and operational expertise to invest in dynamic businesses. Clearlake currently manages approximately $1.4 billion of equity capital, and Clearlake's founding principals have led over 70 investments totaling more than $3.0 billion of capital in sectors including business services, communication, consumer products/retail, defense/public safety, energy/power, healthcare, industrials, media, and technology.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2006 $1.4 billion 25 19 11
Contact
Recently Closed Investments Company Name Futuris Automotive Bluefly Kyrus Solutions IronGate Energy Services Inventus
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Aug-2013 Jul-2013 Jun-2013 Jun-2013
Most Recent Closed Fund Name Clearlake Capital Partners III
Vintage 2013
Type Buyout
Size ($M) 785
All Investments by Industry* Software 28% Consumer Durables 11%
Commercial Products 11%
Pharmaceuticals & Biotechnology 5%
Retail 11%
IT Hardware 6%
* Since 2010
Energy Services 17%
Commercial Services 5% Transportation 6%
233 Wilshire Boulevard Suite 800 Santa Monica, CA 90401 United States (310) 400-8800 Primary Contacts Arta Tabaee artat@clearlakecapital.com (310) 400-8866 James Pade jpade@clearlakecapital.com (310) 400-8868
23
ClearLight Partners ClearLight Partners is a private equity firm based in Newport Beach, California currently investing a $300 million fund in market-leading growth companies with $5 million to $15 million of EBITDA. ClearLight typically makes equity investments of $10 million to $50 million.
General Firm Statistics PE/Buyout 2000 $900 million 28 7 12
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name Consumer Safety Technology Evriholder Products Pure Health Solutions, Inc
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Jun-2012 Sep-2011 Dec-2009
Most Recent Closed Fund Name ClearLight Partners III
Vintage 2012
Type Buyout
Size ($M) 300
All Investments by Industry* Consumer Non‐ Durables 5% Hardware 10% Services 15%
Commercial Products 5% Other Financial Services 5% Metals, Minerals & Mining 5%
Transportation 15%
Consumer Durables 5% Commercial Services 35%
* Since 2004
100 Bayview Circle Suite 5000 Newport Beach, CA 92660 United States (949) 725-6610 Primary Contact Mike Packer Associate mrp@clearlightpartners.com (949) 725-6627
24
Clearview Capital
Clearview Capital is a private equity firm specializing in the acquisition and recapitalization of North American companies. The firm prefers businesses whose management and/or selling shareholders wish to be significant stakeholders in the newly acquired enterprise. It invests in middle market companies but is particularly interested in manufacturing, specialized services and branded products.
General Firm Statistics Investor type: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout $575 million 52 19 12
Contact
Recently Closed Investments Company Name
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO
QC Supply High Focus Centers Battenfeld Technologies
Deal Date Jun-2013 Oct-2012 Jun-2012
Most Recent Closed Fund Name Clearview Capital Fund III
Vintage 2013
Type Buyout
All Investments by Industry* Consumer Commercial Durables Products 10% 14% Commercial Services 14%
Healthcare Services 62%
* Since 2010
Size ($M) 325
12100 Wilshire Boulevard Suite 800 Los Angeles, CA 90025 United States (310) 806-9555 Primary Contact Lawrence Simon Principal lsimon@clearviewcap.com (310) 806-9555
25
C Converrgent C Capitaal
Coonvergent Cap pital is an invesstment compan ny focused on providing p grow wth and acquisiition capital forr businesses coommitted to lon ng-term, sustaiinable growth in i a broad rang ge of industriess. Convergent iis focused on pproviding debennture annd equity capitaal investments in a variety off situations, stru ucturing investtments around recapitalizatioons, sponsored buuyouts, manageement buyouts, consolidation ns and add-on financings f to thheir existing poortfolio compaanies for acquissitions or otther special situ uations.
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
Mezzanine, M PE//Buyout 1998 $150 $ million 59 5 19 6
Offices 505 North Hiighway 169 Suite 245 Minneapolis, MN 55441
Recently Closed Invesstments Compa any Name P ProSource Technologies N NuLife Long Issland R Rolloffs Hawaiii IIntelePeer C Clinkenbeard & Associates C Custom Profilee ddaVinci Dentall Studios E ERP Power
Deal Type Buyout/L LBO Buyout/L LBO PE Grow wth/Expansion PE Grow wth/Expansion Buyout/L LBO Buyout/L LBO Buyout/L LBO PE Grow wth/Expansion
Deeal Date Deec-2012 Auug-2012 Juun-2012 M May-2012 Ap Apr-2012 Ap Apr-2012 M Mar-2012 Jaan-2012
M Most Recen nt Closed FFund Name Convergen nt Capital Partn ners II
Vintage 2007
Type Buyout B
All Investmentss by Industtry
Business Services 27% Maanufacturing 40%
Primary C Contacts Keith Bares Partner kbares@cvcaap.com (763) 432-4081 John Mason Partner jmason@cvcaap.com (763) 432-4082 John Chan Director jchan@cvcapp.com (949) 200-6033 Matt Grossman Director @cvcap.com mgrossman@ (763) 432-4083
echnology Te 10% Medicaal/Health 11%
Siize ($M) 125
23 Corporate Plaza Suite 230 Newport Beaach, CA 92660
Consumer d Related 12%
Travis Soule Director tsoule@cvcapp.com (763) 432-4080
26
Corridor Capital Corridor Capital is a private equity fund providing deep operational, strategic and financial resources to US-based lower middle market companies. Corridor is looking to partner with entrepreneurs, owner-operators and management teams to help take their companies to the next level by providing operational and growth support. Corridor’s in-house operations team allows Corridor to be highly differentiated in the $2 million to $5 million market.
General Firm Statistics Investor type: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout $70 million 8 4 7
Contact
Recently Closed Investments Company Name U.S. Industrial Tool & Supply Wetmore Tool & Engineering Arvan KeepFlo Drain-All
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Dec-2012 Dec-2012 Dec-2012 Sep-2012 Apr-2011
Most Recent Closed Fund Name Corridor Cutting Tools
Vintage 2013
Type Buyout
All Investments by Industry
Niche Manufacturing 60%
Niche Business Services 40%
Size ($M) 5
12400 Wilshire Boulevard Suite 645 Los Angeles, CA 90025 United States (310) 442-7000 Primary Contacts Craig Enenstein Chief Executive Officer craig@corridorcap.com (310) 442-7001 Shaun Wright Director of Business Development shaun@corridorcap.com (310) 442-7004
27
CriticalPoint Partners
Headquartered in Los Angeles, CriticalPoint Partners was founded in October, 2012, and is an advisory and investment firm focused on sourcing, negotiating and executing a range of outsourced corporate finance solutions to enhance shareholder value. CriticalPoint Partners builds customer-centric, long-term partnerships with their representative clients to create strong relationships that span the course of multiple transactions.
General Firm Statistics Advisory/Investment 2012 5
Contact
Investor/Company Serviced
Service
Deal Date
Organized SportsWear, LLC
Acquisition
Aug-2013
2121 Rosecrans Avenue Suite 2330 El Segundo, CA 90245 United States (310) 321-4400
Service provider type: Year founded: No. of professionals:
Recently Closed Transactions
Primary Contact Amy Tzagournis Marketing/Public Affairs atzagournis@criticalpointpartne rs.com (310) 321-4400
28
C Cyprium Partners
Cyyprium Investm ment Partners is i a private investment firm th hat provides m mezzanine and eequity capital tto profitable, m middlem market companies. They differrentiate themseelves as a flexib ble investor thaat can provide any combinatiion of subordinnated deebt, preferred equity e and/or co ommon equity y in primarily non-control n (miinority ownershhip) positions. Cyprium strivves to be a vvalue-added in nvestor that sup pports the grow wth, acquisition n, refinancing oor liquidity neeeds of private ccompany owneers and thheir managemen nt teams.
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
Mezzanine, M Gro owth/Expansioon, PE/Buyout P 2011 2 $1.2 $ billion 69 6 14 13
Recently Closed Invesstments Comp pany Name A Anomatic Corp poration, Inc. M MGS Mfg. Gro oup IIsagenix Intern national N Network Hardw ware Resale H Hobbico
Deal Type PE Gro owth/Expansio on PE Gro owth/Expansio on PE Gro owth/Expansio on PE Gro owth/Expansio on PE Gro owth/Expansio on
Deeal Date Juun-2012 Maar-2012 Occt-2011 Juun-2011 Deec-2010
M Most Recen nt Closed FFund Nam me Cyprium Partn ners Fund III
Vintage 2006
Type PE Growth-Ex xpansion
All Investments by Industrry*
Industrial Manufacturing /Durablles 40%
Consumer Durables 20%
IT Hardwaare 20%
* SSince 2010
mer Consum Non‐Durrables 20% %
Siize ($M) 500
Contact 200 Public Squuare Suite 2020 H 44114 Cleveland, OH United States (216) 453-45000 Primary Contact N Nicholas Stonee D Director nnstone@cypriuum.com ((312) 283-8801
29
D DTZ
TZ is a partnerr to private equ uity and corporrate clients, pro oviding global,, integrated, ennd-to-end portfo folio strategy, DT m management and d coordinated local l execution n. DTZ offers occupiers o and iinvestors arounnd the world w with industry leaading, prroperty solution ns comprised of o leasing agen ncy and brokeraage, integratedd property and ffacilities manaagement, capitaal m markets, investm ment and asset management, m valuation, v build ding consultanncy and projectt management. In addition, D DTZ’s aw ward winning research r and co onsulting servicces provides ou ur clients with global and loccal market know wledge, forecaasting annd trend analyssis to make the best long-term m decisions for their continuoous success far into the futuree. DTZ has 47,0000 em mployees inclu uding sub-contrractors, operatiing across 208 offices in 52 ccountries.
G General Fiirm Statisstics Service Prov vider type: Yearr founded: Annual revenue: Number of employees: Num mber of office locations: Management portfolio:
Commercial C Reeal Estate Serviices 1784 $2 $ billion 47,000 4 208 2 3.2 3 billion sq ft
Contacct 555 West 5th Street 45th Floor Los Angeles, CA 90013 (213) 426 3000
30
Encore Consumer Capital Encore is a San Francisco-based private equity investment firm focused on the consumer products industry. The firm has raised nearly $400 million in equity capital and invested in sixteen companies, since being founded in 2005.
General Firm Statistics Investor type: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout Nearly $400 million 16 13 10
Contact
Recently Closed Investments Company Name Mesa Foods (Undisclosed) The Quinoa Corporation Thunderworks California Splendor Freshko Produce Services Tarte Inc. Zuke's
Deal Type Buyout/LBO PE Growth/Expansion Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO PE Growth/Expansion PE Growth/Expansion
Deal Date Jul-2013 Jun-2013 Dec-2012 Jun-2012 Mar-2012 Mar-2012 May-2010 Oct-2009
Most Recent Closed Fund Name Encore Consumer Capital II
Vintage 2012
Type Buyout
All Investments by Industry
Consumer Durables 12%
Consumer Non‐Durables 88%
Size ($M) 211
111 Pine Street Suite 1825 San Francisco, CA 94111 United States (415) 296-9850 Primary Contact Daniel Gross Vice President dan@encoreconsumercapital.com (415) 230-7789 Bill Shen Vice President bill@encoreconsumercapital.com (415) 230-7792
31
EExcelle ere Parrtners
Exxcellere is a miiddle-market private p equity in nvestment firm m based in Dennver, Colorado.. Excellere has built a differenntiated prrivate equity firrm, focused on n the unique neeeds of emergin ng private com mpanies with asspirations to buuild industry leadership annd enduring vallue. More than n a source of caapital, Excellerre has created a firm with a buuy-and-build ggrowth strategyy em mpowered by a supportive cu ulture and a pro oprietary value creation proceess.
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
PE/Buyout P 2006 2 $737 $ million 24 2 10 15
Contactt
Recently Closed Invesstments Company Name A Advanced Infu usion Solutions E Equinox Health hcare P Peterson Energ gy Managemen nt G Guardian Healtth Systems S Summit Home Solutions
Deal Typee Recaapitalization Add d-on Add d-on Add d-on Add d-on
D Deal Date A Apr-2013 F Feb-2013 N Nov-2012 O Oct-2012 O Oct-2012
M Most Recen nt Closed FFund Nam me Excelleree Fund II
Vintage 2011
Typee Buyou ut
All Invvestments by Industrry* Opportunistic 7%
Energy Se ervices 12% %
Specialty FFood 14%
Business Services 21%
* SSince 2010
Healthcare 23%
Industriall Services 23%
Sizee ($M) 4472
100 Fillmoree Street Suite 300 Denver, CO 80206 United Statees (303) 765-24400 Primary Coontact Ryan Glawss Principal rglaws@exccellerepartners..com (303) 765-24404
32
FFifth Sttreet FFinancce
Fiifth Street is a leading l alternaative lender thaat invests in sm mall and mid-sizzed companiess in connectionn with investmeents by eqquity sponsors. While many of o these businesses are establiished, with up to $50 millionn in EBITDA, tthey also lend tto midto late-stage ven nture capital-baacked companiees through theiir venture lendding arm, Fifth Street Technology Partners. Fifth Sttreet provides custom-tailored c d financing sollutions, which are principallyy in the form off one-stop finanncings, first lieen, seecond lien and mezzanine deb bt. Their investtments generallly range in sizee from $5 milliion to $150 miillion and they have thhe ability to und derwrite and sy yndicate transaactions up to $2 250 million. W With nearly $2 bbillion in assetts, their investm ment addviser managess two Business Development Companies (B BDCs) – Fifth S Street Finance Corp. (NASDA AQ:FSC) and Fifth Sttreet Senior Flo oating Rate Co orp. (NASDAQ Q:FSFR). Fifth Street has a naational presencce, with officess in White Plainns, NY, Grreenwich, CT, Chicago, IL, Dallas, D TX and d Los Angeles and a Palo Alto, CA.
G General Fiirm Statisstics Inveestor type: Yearr founded: Total debt fiinancings: No. of investment proffessionals:
Lender/Debt L Prrovider, SBIC 1998 134 25 2
Contactt
Recent Deb bt Financin ngs C Company Nam me
Deal D Type
Deeal Date
P ProSites
Debt D Financing g
Juul-2013
M Meritas
Debt D Financing g
Juun-2013
D DISA
Debt D Financing g
Juun-2013
A Advanced Pain n Management
Debt D Financing g
M Mar-2013
H H.D. Vest Finaancial Services
Debt D Financing g
M Mar-2013
Financin ngs by Industry (Fairr Value as of 6/30/20013)
10 Bank Street 12th Floor White Plains, NY 10606 United Statees (914) 286-6800 Primary Coontact Jessica Tannnenbaum jessica@fiftthstreetfinance..com Vice Presideent, Marketingg (914) 286-6823
33
Fundamental Capital
Fundamental Capital invests in consumer-related growth companies generating revenues between $5 million and $50 million. Fundamental Capital looks to back existing management or to provide management resources for owners looking to transition from their businesses. The company has no restrictions on investment duration and can provide patient, long-term capital.
General Firm Statistics Investor type: Year founded: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2004 5 5 2
Contact
Recently Closed Investments Company Name Funko See Kai Run Pint Size Hawaii Allen Technologies Bentek Corporation
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO PE Growth/Expansion
All Investments by Industry
Apparel & Accessories 20%
Consumer Durables 20%
Commercial Services 20%
Commercial Products 20% Healthcare Services 20%
Deal Date May-2013 Jun-2011 Feb-2008 Jan-2006 Dec-2004
201 Mission Street Suite 1850 San Francisco, CA 94105 United States (415) 782-0000 Primary Contact Kevin Keenley Partner keenley@fundamentalcapital.co m (415) 782-0000
Hammond, Kennedy, Whitney & Company
34
Hammond, Kennedy, Whitney & Company, Inc. is a private equity firm headquartered out of New York with an office in Indianapolis that invests in privately owned businesses and subsidiaries or divisions of public companies. The firm targets companies with a low risk of technological obsolescence and a sustainable competitive advantage with revenues between $20 million and $200 million, and EBITDA between $5 million and $30 million. The firm invests in management buyouts, industry consolidations, corporate divestitures, ownership liquidity situations, recapitalizations and growth equity.
General Firm Statistics Investor type: Year founded: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1903 88 14 14
Contact
Recently Closed Investments Company Name Mobile Tech, Inc. Brant Screen Craft Inc. Royal Camp Services Ltd. Canadian Hospital Specialties ULC and Benlan Inc. K.R. Drenth Trucking, Inc.
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Dec-2012 Nov-2011 Nov-2010
Buyout/LBO
Oct-2010
All Investments by Industry
Consumer Non‐Durables 11%
Healthcare Devices & Supplies 11% * Since 2010
Primary Contacts Andrew Gustin Manager, Deal Generation ajg@hkwinc.com (317) 428-1944 Ted Kramer Partner, Deal Generation tk@hkwinc.com (317) 705-8824
Transportation 22%
Commercial Services 56%
8888 Keystone Crossing Suite 600 Indianapolis, IN 46240 (317) 574-6900
35
Harbour Group
Harbour Group is a private operating firm based in St. Louis. The firm primarily invests in middle market companies in the manufacturing, distribution and business services sectors. It invests in companies based in North America for its new core acquisitions. For its add-on acquisitions, the firm does not have any geographical preference. It typically invests in platform companies that have an enterprise value between $30 million and $500 million, with revenues between $30 million and $500 million, and an EBITDA between $5 million and $50 million. Since its founding in 1976, Harbour Group has completed 172 acquisition in 37 different industries.
General Firm Statistics PE/Buyout 1976 >$1 billion 172 21 10
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name Onicon Cleaver Brooks CPS Products Bossard Metrics ProParts
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Dec-2012 Dec-2012 Nov-2012 Oct-2012 Jan-2012
Most Recent Closed Fund Name Harbour Group Investments V
Vintage 2007
Type Buyout
All Investments by Industry* Consumer Durables 11% Commercial Services 22% Commercial Products 67%
* Since 2010
Size ($M) 505
7701 Forsyth Boulevard Suite 600 Saint Louis, MO 63105 United States (314) 727-5550 Primary Contact Zach Waltz Managing Director zwaltz@harbourgroup.com (314) 727-5550
36
H Healthcare FFinance Grou up HF FG, a portfolio o company of Fifth F Street Fin nance Corp, is a national speccialty lender deedicated exclussively to middlle m market healthcarre companies with w capital neeeds ranging fro om $5 million tto $250 millionn. HFG providdes term debt onn a staand-alone basis or in conjuncction with a sen nior secured revolving line off credit. HFG’ss financings arre custom-tailorred to m meet the specificc needs of our clients and, thrrough its Capittal Markets funnction, can access other form ms of capital as requested.
G General Fiirm Statisstics Inveestor type: Yearr founded: Total debt fiinancings:
Lender L 2000 2 116
Contact
Recent Deb bt Financin ngs C Company Nam me
Deal Type
Deaal Date
E Enzo Biochem
Debt Financin ng
Junn-2013
IInterDent
Debt Financin ng
Junn-2013
K KidsPeace Corrp.
DIP & Delayeed Draw Term Lo oan
Junn-2013
P Premier Researrch
Debt Financin ng
Maar-2013
P Prime
Debt Financin ng
Novv-2012
N National Homee Health Care
Debt Financin ng
Novv-2012
V Valley Presbyterian Hospital
Delay-Draw & Progress Term m Loans
Octt-2012
All Debtt Financinggs by Industry*
100 0% Healthca are and Health hcare Relatted
199 Water Sttreet 31th Floor New York, N NY 10038 United Statess (212) 785-8500 Primary Con ntact James Gelwiccks Managing Diirector jgelwicks@hhfgusa.com (212) 785-8520
37
High Road Capital Partners
High Road Capital Partners is a private equity firm focused on buying and building companies at the lower end of the middle market. The firm seeks to acquire, in partnership with management, companies with revenues of $10 million to $100 million and EBITDA of $3 million to $10 million. The firm primarily focuses on manufacturing, service, value-added distribution, media and healthcare businesses with EBITDA margins of minimum 10 percent.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2007 $453 million 22 9 12
Contact
Recently Closed Investments Company Name The Crown Group Tricore Ry-Con Specialty Foods Accurate Component Sales QD Healthcare Group
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date May-2013 Apr-2013 Dec-2012 Dec-2012 Nov-2012
Most Recent Closed Fund Name High Road Capital Partners Fund I
Vintage 2008
Type Buyout
Size ($M) 153
All Investments by Industry
Healthcare Technology Systems 14% Consumer Non‐Durables 9% Healthcare Services 9% Transportation 5%
Commercial Products 27%
Healthcare Devices & Supplies 5% Consumer Durables 4%
Commercial Services 27%
1251 Avenue of the Americas Suite 825 New York, NY 10020 United States (212) 554-3265 Primary Contact Richard Prestegaard Director of Business Development rprestegaard@highroadcap.com (212) 554-3270
38
Huntington Capital
Huntington Capital is a mezzanine and growth equity private equity firm focused on small and medium sized companies in the western U.S. The firm's capital helps to fill the financing gap between venture capital equity, upper middle market PE and commercial bank debt. Huntington seeks profitable companies with experienced management teams, proven product or service and defensible market position, annual sales of $10 million to $75 million, minimum EBITDA of $1 million and financing requirements of $2 million to $7 million. Huntington's industry investment focus includes manufacturing, information technology and software, consumer products and services, professional and business services, aerospace and defense, and healthcare.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout, Mezzanine 2000 $175 million 47 25 6
Contact 4660 La Jolla Village Drive Suite 650 San Diego, CA 92122 United States (858) 259-7654
Most Recent Closed Fund Name Huntington Capital Fund III
Vintage 2013
Type Mezzanine
Size ($M) 125*
Frank Mora Principal frank@huntingtoncapital.com (858) 259-7654
All Investments by Industry Healthcare 10%
Other 8% IT‐Software 22%
Business Services 13% Manufacturing 21%
* First Close on $52M. Target size is $125M.
Aerospace‐ Defense 9% Consumer Products 17%
Primary Contact
39
ICON Investments
ICON Investments specializes in providing financing solutions to both private and public companies utilizing secured debt, debt-related financings and alternative financing structures. ICON has financed, arranged and agented transactions within a wide spectrum of industries with investment amounts that range from $5 million to more than $50 million. ICON’s ability to craft customized, flexible capital solutions that are tailored to each investment opportunity has aided a diverse group of organizations in the IT/telecommunications, energy, marine, manufacturing, medical, transportation and alternative energy industries.
General Firm Statistics Investor type: No. of investment professionals:
Lender, Investment Bank 23
Recent Financings
Contact
Company Name
Deal Type
Deal Date
Quattro
2nd Lien
Aug-2013
LSC, Inc.
2nd Lien
Mar-2013
nd
Heniff Transportation Systems
2 Lien
Mar-2013
(Oilfield Services Company)
Lease
Mar-2013
Tubes HoldCo Limited
Senior Loan
Dec-2012
3 Park Avenue 36th Floor New York, NY 10016 United States (212) 418-4700 Primary Contact Joseph Raieta Director jraieta@iconinvestments.com O: (646) 845-2591 M: (646) 477-6754
40
Insight Equity Insight Equity makes control investments in strategically viable, middle market, asset-intensive companies across a wide range of industries. Insight’s principals have acquired and managed businesses with more than $4 billion in aggregate revenue since 2000. The firm specializes in partnering with companies in complex or challenging situations, including corporate divestitures, bankruptcies, restructurings, and family owned liquidity events.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout, Growth/Expansion 2002 $800 million 31 18 18
Recently Closed Investments Company Name Aircommand Australia Premier Semiconductor Services Environmental Management Systems Canfield Coating Micross Components New Star Metals
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date July 2013 July 2013 Jul-2013 Jul-2013 Dec-2012 Aug-2012
Most Recent Closed Fund Name Insight Equity Fund II Insight Mezzanine Fund I
Vintage 2010 2010
Type Buyout Mezzanine Captive
All Investments by Industry* Agriculture 7%
Commercial Services 29%
Metals, Minerals & Mining 7%
Commercial Products 7%
* Since 2010
Transportation 22%
Semiconductors 14%
Energy Services 14%
Size ($M) $429 94
Contact 1400 Civic Place Suite 250 Southlake, TX 76092 United States (817) 488-7775 Primary Contact Andrew Boisseau Principal aboisseau@insightequity.com (817) 488-7775
41
JLL Partners
Founded in 1988, JLL Partners is a private equity investment firm that extricates good companies from complicated situations or builds strong companies in partnership with exceptional managers. Since inception, JLL has successfully raised and committed over $4.2 billion across six funds over the past 25 years. The small team at JLL (43) has deployed the firm’s mid-market control strategy successfully across three major economic cycles. Partnering with experienced management teams, JLL has been able to invest $50 million to $200 million of equity into companies using modest leverage to produce impressive returns.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1988 $4.2 billion committed 37 15 22
Contact
Recently Closed Investments Company Name CoreLab Partners BioClinica American Dental Partners The LOAR Group/The Freeman Company J.G. Wentworth
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Mar-2013 Mar-2013 Feb-2012 Jan-2012
Merger of Equals
Jul-2011
Most Recent Closed Fund Name JLL Partners Fund VI
Vintage 2008
Type Buyout
All Investments by Industry*
Other Financial Services 21%
Commercial Products 22%
B2C Services 7% * Since 2010
Commercial Services 14%
Healthcare Services 36%
Size ($M) 800
450 Lexington Avenue 31st Floor New York, NY 10017 United States (212) 286-8600 Primary Contact Donald McDonough Managing Director d.mcdonough@jllpartners.com (212) 286-8600
42
KCB Management
KCB Management is a family-owned private equity and real estate investment firm based in Pasadena, California. KCB is a long-term, control investor in growing small to medium sized businesses. The firm offers sellers significant liquidity today while providing long-term continuity to their businesses. This philosophy allows KCB to build strong relationships with management and nurture solid growing portfolio companies without the pressures of a short exit timeframe.
General Firm Statistics Investor type: Year founded: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1986 16 3 6
Contact
Recently Closed Investments Company Name Thrift Books Integrated Systems Improvement Services Kadel’s Auto Body
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Mar-2011 Dec-2009 Aug-2007
Most Recent Closed Fund Name
Vintage
Type
Growth & Income Fund I
2007
PE/Buyout
All Investments by Industry
E‐Commerce 33%
Auto‐Collision 34%
Government Services 33%
Size ($M)
117 East Colorado Boulevard Suite 400 Pasadena, CA 91105 United States (626) 356-0944 Primary Contact Tyler Tochterman Ttochterman@kcbm.com (626) 768-7975
43
Lee Equity Partners
Lee Equity Partners is a U.S based middle market private equity firm formed by Thomas H. Lee. Lee Equity focuses on control buyouts and growth capital financings, typically investing $50 million to $150 million per transaction in companies with enterprise values of $100 million to $500 million. The firm seeks to partner with top-tier management teams to build companies with differentiated market position and high growth potential. Target sectors include business services, consumer/retail, distribution/ logistics, financial services, healthcare services, and media.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2006 $1.1 billion 12 12 26
Contact
Recently Closed Investments Company Name Cross MediaWorks Eating Recovery Centers Paragon Industries Captive Resources Edelman Financial Group
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Jul-2013 Dec-2012 Dec-2012 Oct-2012 Sep-2012
Most Recent Closed Fund Name Lee Equity Partners
Vintage 2009
Type Buyout
Size ($M) 1,091
All Investments by Industry Energy Equipment 6%
Healthcare Services 19%
Healthcare Technology Systems 6% Restaurants, Hotels & Leisure 6%
Commercial Services 19%
Pharmaceuticals & Biotechnology 6% Commercial Banks 7%
Retail 6% Other Financial Services 13%
Insurance 6%
Capital Markets/ Institutions 6%
650 Madison Avenue 21st Floor New York, NY 10022 United States (212) 888-1500 Primary Contact Richard Walsh Partner rwalsh@thlcapital.com (347) 920-1072
44
LLinsalaata Cap pital P Partnerrs
Liinsalata Capitaal Partners is a middle-market m t buyout firm headquartered h iin Cleveland. A key tenet of the firm's strattegy is thhe significant op perating experience among management m wiithin the firm. Linsalata prefeers to invest beetween $10 milllion and $660 million of eq quity in compaanies with EBITDA between $7 million andd $35 million.
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
PE/Buyout P 1984 $811 $ million 102 15 16
Contactt
Recently Closed Invesstments Company Name N S Signature Systeems S Stag-Parkway D Dell Manufactu uring A ArthroCare (Paarallax and Con ntour Product Lines) L
Deal D Type Buy yout/LBO Buy yout/LBO Buy yout/LBO Buy yout/LBO
D Deal Date M Mar-2013 D Dec-2012 D Dec-2011 Jun-2011
M Most Recen nt Closed FFund Name Linsalata Capital C Partnerss Fund VI
Vintage 2012
Type Buyout
Areas of Interestt by Industtry
S Size ($M) 427
Landerbrookk Corporate Ceenter 5900 Landerrbrook Drive Suite 280 Mayfield Heeights, OH 441124 United Statees (440) 684-14400 Primary Coontacts Timothy Heealy Senior Vice president thealy@linsalatacapital.coom (440) 684-14400
45
LongueVue Capital
LongueVue Capital is a New Orleans-based private equity and mezzanine fund investing in US-based businesses with revenues between $10-$100 million and EBITDA of at least $2 million. LongueVue Capital is currently investing out of its $175 million LVC Fund II. The firm invests in a number of industry segments and is particularly interested in aerospace, agribusiness, manufacturing, business services, logistics, healthcare, energy, water, technology and consumer products.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2001 $175 million 12 6 8
Contact
Recently Closed Investments Company Name St. George Warehouse Jackson Offshore Holdings
Deal Type Buyout/LBO PE Growth/Expansion
Blue Dot Energy Services Dukky Blue Dot Energy Services
Mezzanine PE Growth/Expansion Buyout/LBO
Deal Date Dec-2012 Oct-2012 Mar-2013 Dec-2011 May-2009 Feb-2010
Most Recent Closed Fund Name LongueVue Capital Partners II
Vintage 2012
Type Buyout
All Investments by Industry Retail 11% Exploration, Production & Refining 11% Energy Services 11%
Consumer Durables 11%
Commercial Services 34%
Transportation 22%
Size ($M) 175
111 Veterans Blvd Suite 1020 Metairie, LA 70005 United States (504) 293-3600 Primary Contact Carol Hance Managing Director chance@lvcpartners.com (646) 476-7466
46
Main Street Capital Corporation
Main Street is an investment firm that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides “one-stop” financing alternatives within its lower middle market portfolio.
General Firm Statistics
Investor type: Year founded: Total financings: No. of investment professionals:
Lender/Debt Provider/Equity Investor 1997 90+ * 22
Recent Financings Company Name
Deal Type
Deal Date
Central Oregon Truck Company
Debt Financing
Aug-2013
Garreco
Debt & Equity Financing
Jul-2013
Quality Lease and Rental
Debt & Equity Financing
Jan-2013
Texas ReExcavation
Debt & Equity Financing
Jan-2013
Bond-Coat
Debt Financing
Dec-2012
Contact 1300 Post Oak Boulevard Suite 800 Houston, TX 77056 United States (713) 350-6000 Primary Contacts Dwayne Hyzak Senior Managing Director dhyzak@mainstcapital.com (713) 350-6013
Most Recent Closed Fund Name Main Street Capital Corporation
Vintage 2007
Type Debt & Equity
All Financings by Industry*
* Total lower middle market investments since inception
Size ($M) 1,300
Alejandro Capetillo Associate acapetillo@mainstcapital.com (713) 350-6023
47
Mainsail Partners
Mainsail Partners is a San Francisco-based private equity firm that invests exclusively in bootstrapped businesses. The firm invests between $5 million and $25 million per company and takes an active and collaborative management approach in addition to providing capital.
General Firm Statistics
PE/Buyout 2003 $356 million 16 8 13
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact One Front Street Suite 3000 San Francisco, CA 94111 United States (415) 391-3150
Recently Closed Investments Company Name Netchemia The Bar Method Steelwedge Home Health Services Paylease
Deal Type PE Growth/Expansion PE Growth/Expansion PE Growth/Expansion Buyout/LBO PE Growth/Expansion
Deal Date Apr-2013 Aug-2012 Sep-2011 Jan-2010 Jan-2010
Most Recent Closed Fund Name Mainsail Partners III
Vintage 2012
Type Buyout
All Investments by Industry
Healthcare 21%
Business Products/Servic es 29%
IT 14% Ecommerce (Consumer Products and Services) 7%
Software 29%
Size ($M) 216
Primary Contact Vinay Kashyap Vice President vinay@mainsailpartners.com (415) 391-3150
48
Maranon Capital
Maranon Capital provides senior, unitranche and mezzanine debt as well as equity co-investments for private equity-backed and non-sponsored middle market transactions. Maranon invests across diverse industry segments and focuses on companies with $5 million to $50 million of EBITDA. Maranon will invest either as the lead lender or as a club participant in senior transactions and as the sole or lead lender in mezzanine transactions.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout, Mezzanine 2006 $830 million 16 12 12
Contact 225 West Washington Street Suite 200 Chicago, IL 60606 United States (312) 646-1200
Recently Closed Investments Company Name Young Innovations Ameda Hinda Incentives Performance Health Milton Industries
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Jan-2013 Dec-2012 Oct-2012 Oct-2012 Jun-2012
Most Recent Closed Fund Name Maranon Mezzanine Fund I
Vintage 2008
Type Mezzanine
Size ($M) 207
All Investments by Industry Consumer Non‐ Durables 6% Communications & Networking 5%
Other Financial Services 6%
Commercial Products 17%
Healthcare Devices & Supplies 11%
IT Services 11%
Software 5%
Commercial Services 28%
Consumer Durables 11%
Primary Contacts Rich Jander rtj@maranoncapital.com (312) 646-1216 Rommel Garcia rpg@maranoncapital.com (312) 646-1211
49
Melville Capital General Firm Statistics Investor type: No. of investment professionals:
PE/Buyout 8
Contact Melville Capital, LLC 50 Gerard Street Suite 1240 Huntington, NY 11743 United States www.melvillecapital.com Primary Contact Douglas E. Himmel Managing Director dhimmel@melvillecapital.com o | (310) 943-5370 c | (310) 903-2444
50
Moelis Capital Partners
Moelis Capital Partners (“MCP”) is a middle market private equity firm founded in 2007 in connection with the formation of Moelis & Company, a global investment bank. They manage over $700 million of committed private equity capital and a $1.2 billion private equity co-investment program and target growth equity and control buyouts requiring equity investments of $20 million to $60 million. MCP's investment professionals possess decades of private equity experience and collectively have invested in 150 companies while serving on 50 boards. MCP is a thematic, growth-oriented investor and specializes in the healthcare services, business, & industrial services and consumer industries.
General Firm Statistics PE/Buyout 2007 $1.9 billion 31 15 22
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact 399 Park Avenue Fifth Floor New York, NY 10022 United States (212) 883-3800
Recently Closed Investments Company Name US Chemical New Jersey Anesthesia Group Sovereign Jet Center Comprehensive Pharmacy Services McNeil-PPC (Reach Toothbrushes) Anesthesiology Solution
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Jun-2013 May-2013 Apr-2013 Dec-2012 Dec-2012 Dec-2012
Most Recent Closed Fund Name Moelis Capital Partners I
Vintage 2007
Type Buyout
Size ($M) 800
All Investments by Industry* Metals, Minerals & Mining 9% Consumer Non‐ Durables 18%
Healthcare Devices & Supplies 18% Software 9%
Healthcare Services 18%
Commerci al Services 9% Transporta tion 19%
Primary Contact Lex Leeming Principal lex.leeming@moeliscapital.com (212) 883-4511
51
Monroe Capital LLC
Monroe Capital LLC is a provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a valueadded and user-friendly partner to owners, senior management and private equity sponsors. Monroe focuses on both sponsored and non-sponsored businesses with minimum EBITDA of $3 million and investment size between $5 million and $100 million.
General Firm Statistics Investor type: Year founded: Assets under management: Total debt financings since inception: No. of investment professionals:
Senior and Mezzanine Debt 2004
Contact
$1.2 billion
311 South Wacker Drive Suite 6400 Chicago, IL 60606 United States (312) 258-8300 www.monroecap.com
500+ 45
Investments by Industry
Primary Contacts Thomas Aronson Managing Director & Principal Chicago, IL taronson@monroecap.com (312) 523-2364 Richard Kim Managing Director Los Angeles, CA rkim@monoecap.com (434) 901-8526
*Based on historical transactions
Glenn Flinn Managing Director – Healthcare Dallas, TX gflinn@monroecap.com (214) 459-3300
52
Morgenthaler Private Equity (MPE)
MPE is the private equity group of Morgenthaler. Based in Cleveland and Boston, MPE focuses on the lower middle market with transaction values between $25 million and $150 million, and EBITDA in excess of $5 million. MPE has two primary target investment areas: high-value manufacturing and proprietary business services. MPE seeks to create significant equity appreciation primarily by facilitating the transition of private founder and family-owned businesses from entrepreneurial to professionally managed organizations. MPE provides a broad range of strategic, operating, organizational and strategic expertise to each of these transitions designed to increase growth, cash flow and strategic value. Morgenthaler is a leading, national private equity and venture capital firm, with approximately $3 billion under management and investments in more than 300 companies over its 44-year history.
General Firm Statistics Investor type: Year founded: Assets under management: Total investments: Active investments: No. of investment professionals:
PE/Buyout, Venture Capital 1968 $3 billion 320 69 23
Contact
Recent MPE Closed Investments Company Name United Pipe & Steel Weber Technologies Froment Satellite Logistics Group Enginetics Aerospace
Deal Type PE/Buyout PE/Buyout (Add-On) PE/Buyout (Add-On) PE/Buyout PE/Buyout
Deal Date Jun-2013 Feb-2012 Jul-2010 Jun-2010 May-2010
Cleveland Office Terminal Tower 50 Public Square Suite 2700 Cleveland, OH 44113 (216) 416-7500 Boston Office 1 Liberty Square Suite 620 Boston, MA 02109 (617) 587-7800
Most Recent Closed Fund Name
Vintage
Type
Morgenthaler VIII
2005
VC/PE/Buyout
All Investments by Industry*
Business Services 27% High Value Manufacturing 73%
* Since 2005
Size ($M) 450
Primary Contact Eric Zagorsky Vice President ezagorsky@morgenthaler.com (617) 587-7824
53
New Heritage Capital
New Heritage Capital (Heritage) is a lower middle-market private equity firm focused on investing in family- and founderowned businesses. Since 1999, the founding partners of Heritage have worked together to offer founders unique equity structures (such as The Private IPO ®) that provide significant liquidity while allowing them to maintain voting control. Such structures provide shareholders varying degrees of liquidity while allowing the management shareholders to participate in the future equity appreciation. Heritage targets businesses with $5.0 million to $25 million in EBITDA and invests between $15 million and $40 million in each transaction. Areas of particular interest include healthcare, distribution, business services, and manufacturing. New Heritage Capital is the successor fund to Heritage Partners, a now-defunct private equity firm.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Growth/Expansion 2006 $200 million 7 2 8
Contact
Recently Closed Investments Company Name ProTransport-1 Cal-Ore Life Flight D&D Tool & Supply Reach Medical Holdings Saunders & Associates
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO PE Growth/Expansion Buyout/LBO
All Investments by Industry
Healthcare 29% Commercial Products 43%
Services 14% IT Hardware 14%
Deal Date Aug-2012 Dec-2011 Jan-2011 Nov-2009 May-2008
800 Boylston Street Suite 1535 Boston, MA 02199 United States (617) 439-0688 Primary Contact Charles Gifford General Partner cgifford@newheritagecapital.com 619-428-0104
54
N NewStar Finaancial
NewStar Financial (Nasdaq: NEWS) N is an ind dependent com mmercial financce company thhat provides sennior secured deebt finnancing option ns to mid-sized companies nattionwide to fun nd working cappital, growth sttrategies, acquuisitions and recapitalizationss, as well as purrchases of esseential use equip pment. The Coompany emplooys a staff of 1004 located in teen cities accross the countrry. Since its fo ormation in 2004, NewStar has originated m more than $8 b illion of new ffunded loans annd now m manages a portfo folio totaling ap pproximately $2.4 $ billion acro oss two credit funds and mulltiple financingg vehicles and seecuritization tru usts. The comp pany is organizzed into four sp pecialized lendding businessess. Its Leverageed Finance diviision foocuses on finan ncing acquisitio ons or recapitallizations in con nnection with lleveraged buyoouts of mid-sized companies by prrivate equity firrms. Its Busin ness Credit diviision provides asset-based a lennding options w which are prim marily used to fu fund woorking capital needs and its Equipment E Finaance group pro ovides mid-tickket lease financcing for essential use equipm ment. The Coompany also has h an Asset Maanagement bussiness, which manages m credit funds for thirdd-party instituttional investorss that coinnvest in loans originated o by itss Leveraged Fiinance lending group.
G General Fiirm Statisstics Inveestor type: Yearr founded: Total debt fiinancings: No. of investment proffessionals:
Public P company y 2004 2 400+ 4 64 6
Contactt
Recent Deb bt Financin ngs C Company Nam me
Deal Type
Deeal Date
B Bachmann Indu ustries
Debt Financin ng
Auug-2013
B Bellissio Foodss
Debt Financin ng
Auug-2013
D Dongbu Daewo oo Electronics
Debt Financin ng
Juuly-2013
E EDAC
Debt Financin ng
Juuly-2013
C Chromaflo
Debt Financin ng
Juuly-2013
All Debt Financcings by Industry* YTTD Q2 20113
500 Boylstoon Street Suite 1250 A 02116 Boston, MA United Statees (617) 848-25500 Primary Coontacts Tim Conwayy Chief Execuutive Officer tconway@nnewstarfin.com (617)848-25501 Pat McAulifffe Head – Leveeraged Financee pmcauliffe@ @newstarfin.coom (203)716-84415 Milton Iskraa SVP – Businness Credit miskra@new wstarfin.com (214)242-58803
55
NMS Capital Partners, LLC General Firm Statistics
Investor type: Total private equity investments:
PE/Buyout 2
Contact
Recently Closed Investments Company Name Oral Health Services CompBenefits
Deal Type Buyout/LBO Buyout/LBO
All Investments by Industry
Medical Devices 25%
Social Media 25%
Business Services 25%
Manufacturing (OEM) 25%
Deal Date Jul-2000 Jun-1999
433 North Camden Drive 4th Floor Beverly Hills, CA 90210 United States 800-716-2080 Primary Contact Trevor Saliba Chief Executive Officer trevor.saliba@nmscapital.com (310) 855-0020
56
ORIX Leveraged Finance
ORIX Leveraged Finance is a principal investment arm of ORIX USA Corporation. ORIX Leveraged Finance is focused on providing cash-flow based loans and equity capital to middle-market companies. Investments support growth financings, recapitalizations, leveraged buyouts, and acquisitions in nearly all industry sectors throughout the U.S. and Canada. Historical investment structures include: unitranche financings, last-out term loans, second lien loans, junior debt, and equity investments. Target investment size is $7.5 million to $30 million as sole investor or club participant, in companies with EBITDA between $3 million and $30 million.
General Firm Statistics Investor type: Total debt financings:
Lender/Debt Provider, Mezzanine, PE/Buyout 54
Recent Debt Financings Company Name
Deal Type
Deal Date
Impact Facility Services
Debt Financing
Jun-2013
Event Photography Group
Debt Financing
Jan-2013
Sprinkles Cupcakes
Debt Financing
Jan-2013
Sierra Engineering
Debt Financing
Dec-2012
Mevio
Debt Financing
Mar-2012
All Debt Financings by Industry* Healthcare Services 11%
Apparel and Accessories 11%
Retail 11% Software 23%
Services (Non‐ Financial) 11% Consumer Non‐Durables 11%
* Since 2010
Commercial Services 22%
Contact 1717 Main Street Suite 1100 Dallas, TX 75201 United States (214) 237-2300 www.orix.com Primary Contact Jeff Wells Director jeff.wells@orix.com (214) 237-2329
57
Platte River Equity
Platte River Equity is a Denver-based private equity investment firm that invests in lower middle market companies. Platte River provides capital, as well as sales and marketing, organizational and operational expertise to these businesses and generate returns for its investors.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2005 $735 million 17 8 12
Contact
Recently Closed Investments Company Name The WellMark Company TPG Mt. Vernon Marine PRV Metals Sierra Alloys TechSpec
Deal Type Buyout/LBO PE Growth/Expansion
Deal Date Nov-2012 Feb-2012
Buyout/LBO Buyout/LBO
Nov-2011 Dec-2011
Most Recent Closed Fund Name Platte River Equity III
Vintage 2012
Type Buyout
Size ($M) 405
All Investments by Industry Containers & Packaging 6% Commercial Products 44%
Services 6% Energy Equipment 11%
Transportation 5%
Commercial Services 17%
Metals, Minerals & Mining 6% Chemicals & Gases 5%
200 Fillmore Street Suite 200 Denver, CO 80206 United States (303) 292-7300 Primary Contact Michelle Eidson VP Business Development meidson@platteriverequity.com (303) 292-7308
58
PNC Riverarch Capital
PNC Riverarch Capital is a middle-market private equity group that invests in privately-held companies headquartered throughout North America. PNC Riverarch Capital seeks well-positioned companies in which to invest $10 million to $50 million of equity capital to support recapitalizations, leveraged and management buyouts, corporate divestitures and growth financings, across a variety of industry sectors, including business and industrial services, specialized manufacturing, and value-added distribution. Since 1982, PNC Riverarch and its predecessors have provided equity capital to over 100 companies.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2011 $250 million 5 5 9
Contact
Recently Closed Investments Company Name LawLogix Group Goldco Precision Aviation Group New Carbon Environmental Express
Deal Type PE Growth/Expansion Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
All Investments by Industry
Commercial Services 20% Commercial Products 40% Consumer Non‐Durables 20% Restaurants, Hotels & Leisure 20%
Deal Date Dec-2012 Dec-2012 Dec-2012 Apr-2012 Mar-2011
620 Liberty Avenue, 22nd Floor Mailstop P2-PTPP-22-3 Pittsburgh, PA 15222 United States Primary Contact Michael Rost Managing Director michael.rost@pnc.com (412) 762-2245
59
P Prospe ect Cap pital C Corporation
Prrospect Capitall Corporation (NASDAQ: ( PS SEC) is a leadiing provider off flexible debt and equity cappital to sponsoor-owned annd non-sponsorr-owned middlle-market comp panies in the United U States aand Canada. P Prospect Capitaal Corporation has $4.7 biillion of capitall and invested over $2.3 billiion in 2012 and d $1.6 billion iin 1H 2013. IIts target investtment size rangges from $220 million to $350+ $ million. Prospect Caapital Corporattion invests inn all types of ddebt, includingg first lien, unnitranche, seecond lien, an nd mezzanine debt. It prov vides capital for f leveraged buyouts, diviidend recapitaalizations, acquuisitions, refinancings, latter-stage growtth investmentss and capital ex xpenditures. IIts team of oveer 80 professioonals invests aacross all inndustries.
G General Firm Statisstics Inveestor type:
Middle-market M t debt and PE
Yearr founded:
1988 1 (Managem ment Companyy)
Asssets under man nagement:
$4.8 $ billion
Selected Re ecently Clo osed Investtments C Company Nam me C CHC Companiies R Ryan A Atlantis Health h C Capstone B Broder Bros. C Cinedigm U United Sportin ng C Companies P Pegasus S Sandow Mediaa A Arctic Glacier T Transplace T Traeger Z Zicam
Deal Typ pe $27M Sp ponsor Second Lien $70M No on-Sponsor Second Lien $47M Sp ponsor Unitranche $200M Sponsor S Unitran nche $100M Sponsor S Second d Lien $70M Pu ublic Company y Second Lien $160M Sponsor S Second d Lien
Deal D Date Jan-20013 Jan-20013 Feb-20013 Mar-2 013 Mar-2 013 Mar-2 013 Mar-2 013
$34M Sp ponsor Unitranche $60M No on-Sponsor Un nitranche $150M Sponsor S Second d Lien $115M Sponsor S First Lien L $70M Sp ponsor First Lieen $80M Sp ponsor First Lieen
Apr-20013 May-22013 May-22013 Jun-20013 Jun-20013 Aug-22013
Invesstments byy Industry
Contact 10 East 40th Street 44th Floor New York, N NY 10016 (212) 448-07702 Primary Contacts Richard Carrratu rcarratu@proospectstreet.com (212) 582-69912 Christopher JJohnson cjohnson@prrospectstreet.com (212) 792-22258 Jason Wilsonn jwilson@proospectstreet.com m (212) 616-48868 Seth Tutlis m stutlis@prosppectstreet.com (203) 429-27721 Joshua Bergllund jberglund@pprospectstreet.ccom (714) 292-75572 Daniel Astonn daston@prosspectstreet.com m (646) 380-17747
60
Prospect Partners Prospect Partners is a private equity firm that invests in smaller lower-middle-market companies. The firm seeks management-led leveraged recapitalizations and buyouts of niche market leaders with revenues typically less than $75 million (EBITDA less than $8 million). Since 1998, the firm has invested in more than 100 companies in diverse niche manufacturing, distribution and service industries. Prospect Partners is currently investing its $200 million Fund III.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1998 $470 million 100+ 22 12
Contact 200 West Madison Street Suite 2710 Chicago, IL 60606 United States (312) 782-7400
Recently Closed Investments Company Name Sportdecals, Inc. State Continuing Education Inc. Velocity Aerospace Group Good Water Solutions Northland Fire & Security ASR Food Distributors Irrigation Components International
Deal Type PE Growth/Expansion Buyout/LBO PE Growth/Expansion Buyout/LBO Buyout/LBO Buyout/LBO PE Growth/Expansion
Deal Date July 2013 July-2013 Apr-2013 Dec-2012 Dec-2012 Dec-2012 Dec-2012
Most Recent Closed Fund Name Prospect Partners III
Vintage 2010
Type Buyout
Size ($M) 200
All Investments by Industry* B2C Services 6%
Communicatio ns & Networking 6%
Consumer Non‐ Durables 17%
Other Consumer Products & Services Healthcare 5% Services 11%
* Since 2010
Commercial Products 22% Utilities 6% Consumer Durables 5% Commercial Services 22%
Primary Contact Erik Maurer Principal emaurer@prospect-partners.com 312-782-7400
61
Prudential Capital Group
Prudential Capital Group is the private debt investment arm of Prudential Financial, Inc. (NYSE: PRU). Prudential Capital Group has been a provider of private debt, mezzanine and equity securities to middle-market companies worldwide for more than 70 years. Managing a portfolio of $64 billion as of June 30, 2013, Prudential Capital offers senior debt and mezzanine capital, leveraged leases, and commercial equipment and asset finance. The global regional office network has locations in Atlanta, Chicago, Dallas, Frankfurt, London, Los Angeles, Minneapolis, Newark, N.J., New York, Paris and San Francisco.
General Firm Statistics Mezzanine $64 billion 97 56 70
Investor type: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name
Deal Type Buyout/LBO Buyout/LBO
PrimaLoft CAPS Universal
Deal Date Jul-2012 May-2011
Most Recent Closed Fund Name Prudential Capital Partners IV
Vintage 2012
Type Mezzanine
All Investments by Industry*
Commercial Products 23%
Retail 11%
IT Hardware 11%
* Since 2010
Consumer Durables 11% Commercial Services 11%
IT Services 11% Other Consumer Products & Services Communications 11% & Networking 11%
Size ($M) 1,150
Two Prudential Plaza 180 North Stetson Avenue Suite 5600 Chicago, IL 60601 United States (312) 540-0931 Primary Contacts Stephen Szejner stephen.szejner@prudential.com (312) 565-6265 Jason Richardson jason.richardson@prudential.com (310) 295-5012
62
Sherwood Partners, LLC
Since 1992, Sherwood Partners, LLC has been a provider of business advisory and consulting services. With offices in Los Angeles, Silicon Valley and New York, Sherwood has developed a national practice. Sherwood's services include corporate restructuring, crisis management, corporate due diligence, interim management, strategic planning, corporate finance, efficiency integration, debt restructuring, asset liquidation, IP (Intellectual Property) monetization (patents & trademarks | (sales – licensing – brand management – augmentation - Distribution) and Assignments for the Benefit of Creditors (ABCs).
General Firm Statistics Investor type: Year founded: No. of investment professionals:
Business Advisory, Consulting 1992 20
Los Angeles | Silicon Valley | New York
Contact 1100 La Avenida Street Building A Mountain View, CA 94043 United States (650) 454-8001 Primary Contact Martin Pichinson mdp@shrwood.com
63
Silicon Valley Bank
Banking the world's most innovative companies and exclusive wineries, Silicon Valley Bank's diverse financial services, knowledge, global network, and world class service increase its clients' probability of success. With $23 billion in assets and more than 1,600 employees, SVB provides commercial, international and private banking through 34 locations worldwide. Forbes Magazine ranks SVB among America's Best Banks and Fortune considered SVB one of the best places to work. (Nasdaq: SIVB) www.svb.com. Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Financial Group is also a member of the Federal Reserve System. ________________________________________________________________________________________________
General Firm Statistics Investor type: Year founded:
Other/ Commercial Bank 1983 Total Assets: $22.2 billion* Total Deposits: $18.7 billion* Loans: $9.6 billion* Total Client Investment Funds: $24 billion* (off balance sheet) Family of Funds (SVB Capital): $1.7 billion under management*
Contact 3003 Tasman Drive Santa Clara, CA 95054 United States (408) 654-7400 Primary Contact
*As reported on a consolidated basis for the period end June 30, 2013
Kurt Miklinski Managing Director kmiklinski@svb.com (949) 754-0835
64
StoneCalibre Headquartered in Los Angeles, StoneCalibre is a privately funded investment firm specializing in the acquisition of lower middle market companies. Founded by Brian Wall, previously a long-term partner at Platinum Equity, StoneCalibre is focused on making investments in both special situations and quality long-term capital investment opportunities.
General Firm Statistics Investor type: Year founded: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2012 1 1 5
Contact
Recently Closed Investments Company Name Source Technologies
Deal Type Buyout/LBO
Deal Date Jun-2013
1801 Avenue of the Stars Suite 905 Los Angeles, CA 90067 United States (310) 774-0014 Primary Contact
All Investments by Industry Nick Matzke Business Development Associate nmatzke@stonecalibre.com (310) 774-0376
IT Hardware 100%
65
Tamarix Capital
Tamarix Capital is an independent investment firm dedicated to providing flexible financing solutions to support exceptional management teams in lower-middle-market companies. Tamarix customizes its debt and equity investments to best meet the needs of owners and managers. The firms ability to uniquely tailor each investment enables business owners and management teams to achieve targeted growth, liquidity, or ownership transition goals. Tamarix Capital is a less dilutive form of capital than traditional private equity, but provide owners many of the same strategic benefits. Tamarix Capital invests $5 million to $15 million into companies generating EBITDA in excess of $3 million.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
SBIC, PE 1994 $120 million 5 5 6
Contact
Recently Closed Investments Company Name Convene Pfanstiehl United Biologics Malabar International Tangible Software
Deal Type Growth Capital Buyout/LBO Management Buyout Recapitalization Recapitalization
All Investments by Industry
Aerospace & Defense 20%
Pharmaceuticals & Biotechnology 20%
Business Services 20%
Healthcare Services 20%
Information Technology 20%
Deal Date Jun-2013 Mar-2013 Jul-2012 Nov-2011 Sep-2011
515 Madison Avenue 41st Floor New York, NY 10022 United States Primary Contact Peter Rothschild Principal prothschild@tamarixcapital.com (212) 419-2858
66
The Gladstone Companies
The Gladstone Companies are a family of public and private investment funds with approximately $1.2 billion invested. Its funds, as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide businesses the capital to fund growth, acquisitions and recapitalizations. Gladstone provides financing across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions. Gladstone offers companies, management teams, and sponsors a broad range of customized investment products and transaction structures. Financing for the Gladstone Companies is provided by four public investment vehicles: Gladstone Capital Corporation, (NASDAQ: GLAD), Gladstone Investment Corporation, (NASDAQ: GAIN), Gladstone Commercial Corporation, (NASDAQ: GOOD), and Gladstone Land Corporation (NASDAQ: LAND).
General Firm Statistics Investor type: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout $1.2 billion 111 67 60
Contact 1600 Rosecrans Avenue Media Center, 4th Floor Manhattan Beach, CA 90266
Recently Closed Investments Company Name Schylling Ashland Acquisition Star Seed Funko JackRabbit
Deal Type Buyout/LBO PE Growth/Expansion Buyout/LBO PE Growth/Expansion Buyout/LBO
All Investments by Industry* Consumer Non‐Durables 6% Containers & Packaging 12% Services 11%
Commercial Products 47%
Transportation 6% Commercial Services 6%
* Since 2010
Consumer Durables 6%
Agriculture 6%
Deal Date Aug-2013 July-2013 Jun-2013 May-2013 Apr-2013
Primary Contact Chris Daniel Managing Director chris.daniel@gladstonecompanies.com (703) 462-1021
67
The Gores Group
The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm’s operating experience and flexible capital. The firm invests primarily in the technology, telecommunications, business services, industrial, healthcare, media and consumer & retail sectors.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1987 $3.6 billion 96 34 94
Contact 10877 Wilshire Boulevard 18th Floor Los Angeles, CA 90024 United States (310) 209-3010
Recently Closed Investments Company Name Etrali Trading Solutions Millennium Process Group Meridian Medical Management Harris Broadcast Communications Therakos
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Jun-2013 May-2013 Mar-2013 Feb-2013 Jan-2013
Most Recent Closed Fund Name Gores Small Capitalization Partners
Vintage 2012
Type Buyout
All Investments by Industry* Healthcare Technology Systems 20%
Pharmaceuticals & Biotechnology 20%
Communications & Networking 20%
Commercial Services 20%
Media 20%
* Since 2013
Size ($M) 300
Primary Contact Scott Erickson Business Development serickson@gores.com
68
The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring growing enterprises valued at up to $250 million (€200 million in Europe). The firm partners with strong management teams and enhances its investments through acquisitions and organic growth. Since its founding in 1988, Riverside has invested in more than 320 transactions with a total enterprise value of more than $5 billion/€4 billion. The firm’s portfolio in North America, Europe and the Asia Pacific region includes more than 75 companies.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1988 $4 billion 320 80 220
Contact 1453 Third Street Promenade Suite 305 Santa Monica, CA 90401 United States T: (310) 499-5084 F: (310) 499-5090 M: (310) 699-1964
Recently Closed Investments Company Name iMech Blue Microphone Simcro ProSites Global Connect (Emergency Notification Division) TerraSim CorporateRewards
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Jul-2013 Jul-2013 Jun-2013 Jun-2013
Buyout/LBO Buyout/LBO
Apr-2013 Dec-2012
Primary Contact Jeremy Holland Principal, Origination jholland@riversidecompany.com 310-499-5084
Most Recent Closed Fund Name Riverside Micro-Cap Fund II Riverside Capital Appreciation Fund VI
Vintage 2011 2013
Type Buyout Buyout
Size ($M) 287 1.48
All Investments by Industry* Consumer Non‐ Consumer Durables Durables 4% 4% Apparel & Accessories 4% Transportation 4% B2C Services 7% Healthcare Devices & Communication Supplies s & Networking 7% 7%
* Since 2011
Software 22% Commercial Services 19%
Commercial Products Healthcare 11% Services 11%
69
Tregaron Capital Company
Based in Palo Alto, CA, Tregaron Capital was formed in 2001 to invest in small and medium-size private companies in the western US. The firm makes both mezzanine debt and equity investments, typically in amounts from $2 million to $5 million.
General Firm Statistics
PE/Buyout, Mezzanine 2001 $66 million 14 7 4
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name Copeland Supply Roquemore PharmaSync HQ Carousel TreadWright Endurance International Group
Deal Type Mezzanine Buyout/LBO Mezzanine Add-on Mezzanine PE Growth/Expansion
Deal Date Aug-2013 Dec-2012 Apr-2012 Jan-2012 Jul-2011 Nov-2010
Vintage 2010
Size ($M) 66
Most Recent Closed Fund Name Tregaron Opportunity Fund I
Type Private Equity/Mezza nine
All Investments by Industry Restaurants, Hotels & Leisure 8%
Communications & Networking 8%
Other Consumer Products & Services 8%
Commercial Products 8%
Retail 23%
Software 7%
IT Services 8% Media 7%
Commercial Services 23%
540 University Avenue Suite 250 Palo Alto, CA 94301 United States (650) 403-2080 Primary Contact Nelson Matthews Managing Director matthews@tregaroncapital.com (650) 403-2085
70
Triangle Capital Corporation
Triangle Capital Corporation (NYSE: TCAP) is a business development company (“BDC”) that provides capital to established lower middle-market companies. Triangle offers a wide variety of investment structures with a primary focus on mezzanine financing with equity components. Triangle typically invests $5 million to $30 million in companies with $20 million to $200 million of revenues to support buyouts, acquisitions, growth financings and recapitalizations. Its portfolio contains investments in a wide range of business sectors including manufacturing, distribution, transportation, energy, communications, healthcare, technology, restaurants, consumer products and others. Triangle has extensive experience partnering with financial sponsors, as well as leading unsponsored transactions. ___________________________________________________________________________________________________
General Firm Statistics Mezzanine $980 million 108 79 25
Investor type: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact
Recently Closed Investments Company Name FrontStream Payments, Inc. Water Pik, Inc. Applied Consultants, Inc. Dyno, LLC Oilfield Inspection Services (“IOS”)
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Jul-2013 Jul-2013 May-2013 Dec-2012
All Investments by Industry Residential and Commercial Security Systems 1.8%
Waste Management Services 3.8%
Agricultural / Garden Products Distribution 4.9% Business Services 6.2%
Transportation Services 1.5% Specialty Chemicals Manufacturing 5.8%
Commercial Printing 0.3% Construction Facilities Maintenance / 0.7% Landscape Services 5.0% Food Products / Equipment Distribution 1.7%
Consumer Products / Recreation 11.2%
Food Service Contracting 0.1% Health Care 4.9%
Retirement Plan Administration 2.0% Restaurants 0.5%
Home Furnishings / Hardware Distribution 1.0%
Professional, Scientific, and Technical Services 5.6%
Industrial / Automotive Products Distribution 0.7%
Power Generation Products Distribution 0.1%
Food & Beverage Manufacturing and Packaging 9.9%
Other Manufacturing 4.8%
Industrial Products Manufacturing 2.7%
Oil & Gas 6.3%
Nutritional Supplements 2.3%
Industrial Recycling Services 4.0% Medical Supplies Manufacturing 2.1%
Marketing / Advertising Services 2.6%
Information / Technology 7.3%
3700 Glenwood Avenue Suite 530 Raleigh, NC 27612 United States (919) 719-4770 Primary Contacts Cary Nordan Managing Director cnordan@tcap.com (919) 719-4778 Doug Vaughn Managing Director dvaughn@tcap.com (919) 719-4774 James Burke Vice President jburke@tcap.com (919) 719-4783
71
TSG Consumer Partners
TSG Consumer Partners is a strategic equity firm focused on investing in branded consumer products across categories such as food/beverage, beauty/personal care, apparel and accessories, household goods, pet care, restaurants and retail or franchise businesses. With more than 25 years of experience, TSG works closely with entrepreneurs and management teams to build exceptional brands.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1987 $2.9 billion 52 22 20
Contact
Recently Closed Investments Company Name My Fit Foods Planet Fitness Paige Denim
Deal Type PE Growth/Expansion PE Growth/Expansion PE Growth/Expansion
Deal Date Jan-2013 Jan-2013 Jul-2012
Most Recent Closed Fund Name TSG6
Vintage 2012
Type Buyout
All Investments by Industry Apparel & Accessories Consumer 8% Durables 4%
Retail 4%
Restaurants, Hotels & Leisure 6% Consumer Non‐Durables 78%
Size ($M) 1,300
600 Montgomery Street Suite 2900 San Francisco, CA 94111 United States (415) 217-2300 Primary Contact Hadley Mullin Managing Director hmullin@tsgconsumer.com (415) 217-2336
72
Union Bank
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $102.3 billion at June 30, 2013. Its primary subsidiary, Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 422 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on June 30, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers.
General Firm Statistics Investor type: Year founded: Total debt financings: No. of investment professionals:
Commercial Bank/Lender 1864 46 38
Contact
Recent Debt Financings Company Name
Deal Type
Deal Date
Interstate Waste Services (Certain Assets)
Debt Financing
Aug-2013
SV Resource Partners
Debt Financing
Mar-2012
Anton Capital Entertainment
Debt Financing
Aug-2011
Newfield Exploration (Fashing Field Assets)
Debt Financing
Jul-2011
EquiPower Resources
Debt Financing
Apr-2011
All Debt Financings by Industry*
Commercial Products 11% Energy Services 11%
Exploration, Production and Refining 45%
Media 22% Commercial Services 11%
* Since 2010
400 California Street First Floor San Francisco, CA 94104 United States (800) 238-4486 www.unionbank.com Primary Contact Ileana Ruano Senior Executive Assistant ileana.ruano@unionbank.com (213) 236-7765
73
Versa Capital Management
Versa Capital Management is a private equity firm investing in distressed and special situations opportunities throughout North America. Versa targets businesses with revenues of $50 million to $1 billion or assets of $25 million to $500 million.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 2005 $1.3 billion 26 18 25
Contact 2929 Arch Street Cira Centre, Suite 1800 Philadelphia, PA 19104 United States (215) 609-3400
Recently Closed Investments Company Name Hatteras Yachts Eastern Mountain Sports Heartland Publications Freedom Central United Retail Group (Avenue)
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Nov-2012 Aug-2012 Jun-2012 Apr-2012
Vintage 2008
Size ($M) 650
Primary Contact Suzanne Yoon Managing Director syoon@versa.com (312) 324-3609
Most Recent Closed Fund Name Versa Capital Fund II
Type Buyout
All Investments by Industry Financial Services 8%
Manufacturing 23%
Retail & Restaurants 26% Defense 4%
Hospitality 4%
Media 15%
Industrial Products & Services 12%
Consumer Products 8%
74
Victory Park Capital Victory Park Capital provides debt financing solutions to small and middle market companies across a wide range of industries. Victory Park focuses on complex situations and seeks to build long term sustainable value in its companies. Victory Park is headquartered in Chicago and has additional resources in Boston, New York, and San Francisco.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Private Debt and Equity 2007 $1.4 billion 37 16 23
Contact 227 West Monroe Street Suite 3900 Chicago, IL 60606 United States (312) 701-1777
Most Recent Closed Fund Name VPC SBIC I
Vintage 2012
Type SBIC
Size ($M) 225
Primary Contacts
Overview of Select Investments
Matthew Coad Senior Associate mcoad@vpcadvisors.com (312) 705-2789
75
V VMG P Partners
VM MG Partners iss a private equity partnership p with a focus on o investing in marketing-driiven, branded cconsumer produuct coompanies. The firm specializees in investmen nts in buyouts of lower middlle market firmss. The firm typpically looks foor firms inn the companiess with revenues between $15 million and $1 150 million.
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
PE/Buyout P 2005 2 $700 $ million 13 7 13
Contactt
Recently Closed Invesstments Compa any Name K KAS Direct C Chicago Custom Foods P PLV Studio S Sequel Naturalls
Deal Type Buyout/L LBO PE Grow wth/Expansion PE Grow wth/Expansion PE Grow wth/Expansion
Deeal Date D ec-2012 Juul-2012 D ec-2011 Juun-2011
M Most Recen nt Closed FFund Nam me VMG Partners II
Vintage 2011
39 Mesa Strreet Suite 201 San Franciscco, CA 94129 United Statees (415) 632-42200 Primary Coontact
Typee Buyou ut
All Invvestmentss by Industtry
App parel & Acce essories 23% 2
Consumer Non‐Durables 77%
Sizee ($M) 3375
m David Baram Managing D Director baram@vmggpartners.com (310) 775-86603
76
W W Capital Paartnerss
W Capital Partners is a privatee equity fund th hat provides ex xit flexibility foor private equitty shareholderss and growth caapital foor private comp panies. The firm m offers liquidity solutions fo or investors loooking to monettize minority innvestments in pprivate eqquity-backed co ompanies. W Capital C works with w private eq quity firms, vennture capital firrms, financial iinstitutions, coorporations, com mpany founderrs and lenders to structure liq quidity transacttions that rangee from $5 milliion to $50 milllion for sinngle company positions to $5 50 million to $2 250 million forr a portfolio off company inteerests. The firm m also invests pprimary caapital to supporrt portfolio com mpany growth concurrent witth liquidity trannsactions as weell as over the duration of an innvestment.
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
PE/Buyout, P Gro owth/Expansioon, Late Stage S Venture Capital C 2001 2 $1.7 $ billion 109 67 6 10
Contactt One East 522nd Street Fifth Floor New York, N NY 10022 United Statees (212) 561-52240
Recently Closed Invesstments Company Name P Ping Identity S Standard Bancshares N Neolane M M*Modal C Conduit Limiteed
Deal D Type Later L Stage VC C PE P Growth/Exp pansion Secondary S Tran nsaction - Priv vate Buyout/LBO B Secondary S Tran nsaction - Priv vate
D Deal Date JJul-2013 F Feb-2013 D Dec-2012 S Sep-2012 M Mar-2012
M Most Recen nt Closed FFund Name W Capitall Partners Fund d III
Vintage V 2012
Type T Buyout
Siize ($M) 750
All Invvestmentss by Industtry
Primary Coontact Blake Hestoon bheston@wccapgroup.com (212) 561-52240
77
Wafra Partners
Wafra Partners is a private equity firm that seeks to invest in and build successful middle-market companies. The firm purchases control or significant minority positions in companies with strong management, high-upside, discernible value and growth drivers. Wafra Partners provides financial springboard and strategic and analytical resources to help owners and managers meet corporate goals, and targets companies with revenue above $20 million and EBITDA above $4 million. The firm primarily invests in specialty services, niche manufacturing and consumer-driven industries.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1991 $350 million 33 15 8
Contact 345 Park Avenue 41st Floor New York, NY 10154 United States (212) 759-3700
Recently Closed Investments Company Name Phelps Industries East West College of Natural Medicine Toledo Dental Academy ETC Labortories Hurricane Test Laboratory
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Dec-2012 Feb-2012 Oct-2011 Oct-2011 Oct-2011
Most Recent Closed Fund Name MMV Private Equity Fund
Vintage 2007
Type Buyout
All Investments by Industry* Commercial Products 9%
B2C Services 18%
Consumer Non‐Durables 9%
* Since 2008
Media 18%
Commercial Services 46%
Size ($M) 135
Primary Contact Michael Goodman Managing Director m.goodman@wafra.com (212) 759-3700 x265 Andrew Thompson Senior Vice President a.thompson@wafra.com (212) 759-3700 x117
78
W Webster Cap pital
W Webster Capitall provides equ uity financing, expertise and d a broad conttact network fo for managemennt buyouts andd growth caapital. We are a preferred parrtner for well-m managed companies with unreealized growthh potential. Thee Webster Team works cloosely with ow wnership and management m to effect a smoo oth transition aand to achieve growth whilee maintaining ccompany vaalues and cultu ure. We seek to partner witth profitable branded b compaanies in the C Consumer, Bussiness to Businness and Healthcare Serv vices sectors with w revenues of o $20-100 milllion and EBIT TDA of $3-155 million. Togeether with our Limited Paartners as co-in nvestors, we can c provide tottal financing for f transactionss ranging from m $20-200 milllion. We beliieve that well-managed co ompanies with h differentiated d brands and lo oyal customerss can generate sustained earnnings growth aand longterrm value. ______________ _____________ ____________ _____________ ________________________________________________________
G General Fiirm Statisstics Inveestor type: Yearr founded: Asseets under man nagement: Total priv vate equity inv vestments: Active priv vate equity inv vestments: No. of investment proffessionals:
PE/Buyout P 2002 2 $205 $ million 37 13 8
Contactt
Recently Closed Invesstments Comp pany Name T The Pain Manaagement Center B Best Friends Peet Care O OneStopPlus Group G N National Pain Institute I IIndustrial Colo or
Deal Typee Buyo out/LBO Buyo out/LBO Buyo out/LBO Buyo out/LBO Buyo out/LBO
D Deal Date JJun-2013 A Apr-2013 F Feb-2013 JJan-2013 JJul-2012
M Most Recen nt Closed FFund Name N Webster Capital C Fund III
Vintage 20 007
Ty ype Buy yout
Sizze ($M) 205
All Invvestments by Industrry*
* SSince 2010
950 Winter Street Suite 4200 MA 02451 Waltham, M United Statees (781) 419-15515 Primary Coontact Charles Larkkin General Parttner clarkin@weebstercapital.coom (781) 419-15502
79
Wedbush Capital Partners
Wedbush Capital Partners is a private equity firm focused on recapitalizations, growth investments and management buyouts of lower-middle-market companies. Since 1980, Wedbush Capital has been acquiring companies headquartered in the Western U.S. with revenues up to $50 million and EBITDA of $1 million to $7 million. The firm’s preferred initial investment is between $5 million and $10 million. Wedbush Capital is an affiliate of Wedbush Securities.
General Firm Statistics
PE/Buyout 1980 $150 million 25 5 7
Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
Contact 1000 Wilshire Boulevard Suite 830 Los Angeles, CA 90017 United States (213) 688-8018
Recently Closed Investments Company Name Golden Pheasant Foods Intego Software Passport Food Group Visual Communications Company
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Dec-2012 Feb-2012 Feb-2012 May-2011
Most Recent Closed Fund Name Wedbush Capital Partners
Vintage 2006
Type Buyout
All Investments by Industry*
Restaurants, Hotels & Leisure 13%
Commercial Products 13% Communications & Networking 37% Healthcare Technology Systems 12%
* Since 2010
Consumer Non‐ Durables 25%
Size ($M) 120
Primary Contacts Geoff Bland Managing Director geoff.bland@wedbushcapital.com (213) 688-8012 Peter Shoemaker Managing Director peter.shoemaker@wedbushcapita l.com (213) 688-8093
80
Wilmington Trust With more than 100 years experience providing trust, agency, and entity management services, Wilmington Trust is renowned for its responsiveness, excelling at creating flexible and best in class solutions for businesses, corporations, and governments on a global scale. Wilmington Trust possesses the ability and expertise needed to handle the most complex institutional transactions.
All Debt Financings by Industry
Contact Rodney Square North 1100 North Market Street Wilmington, DE 19890 United States (302) 651-1000 www.wilmingtontrust.com Commercial Products 50%
Media 50%
Primary Contact John Deleray Director, New Business Development jdeleray@wilmingtontrust.com (714) 384-4154
81
Wingate Partners
Wingate Partners is a private equity firm that holds controlling equity interests in manufacturing, distribution and service businesses, typically with revenues between $50 million and $250 million. The firm acquires businesses in two categories: under-performing companies and industries in transition, which consists of companies in industries undergoing significant change.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout 1987 $500 million 33 12 9
Contact
Recently Closed Investments Company Name IGI Corporation Nekoosa Coated Products Preferred Compounding Western Marketing Dunn Paper
Deal Type Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO Buyout/LBO
Deal Date Apr-2013 Oct-2012 Dec-2010 Aug-2010 Jul-2010
Most Recent Closed Fund Name Wingate Partners V
Vintage 2013
Type Buyout
All Investments by Industry*
Transportation 20% Forestry 40%
Other Business Products & Services 20% Commercial Products 20%
* Since 2010
Size ($M) 255
750 North Saint Paul Street Suite 1200 Dallas, TX 75201 United States (214) 720-1313 Primary Contact Jim Johnson Partner jimjohnson@wingatepartners.com (214) 720-1313
82
Wynnchurch Capital Partners
Wynnchurch Capital is a middle-market private equity investment firm. The firm invests in niche manufacturing, business and industrial services, value-added distribution and logistics companies. The firm's strategy is to partner with middle market companies in the United States and Canada with outstanding management teams that possess the potential for substantial growth and profit improvement.
General Firm Statistics Investor type: Year founded: Assets under management: Total private equity investments: Active private equity investments: No. of investment professionals:
PE/Buyout, Lender/Debt Provider 1999 $1.1 billion 49 21 22
Contact
Deal Type Buyout/LBO Buyout/LBO
Deal Date Aug-2013 Jul-2013
Primary Contact
Buyout/LBO Buyout/LBO PE Growth/Expansion
Jun-2013 Jun-2013 Jan-2013
Recently Closed Investments Company Name Imperial Group American Condenser & Coil (Certain Assets) Detroit Tool Metal Products GHM Transmission Foss Manufacturing
Most Recent Closed Fund Name Wynnchurch Capital Partners III
Vintage 2010
Type Buyout
All Investments by Industry* Energy Equipment 6%
Textiles 6%
Transportation 13%
Commercial Services 13% Metals, Minerals & Mining 6%
* Since 2010
Commercial Products 56%
Size ($M) 603
6250 North River Road Suite 10-100 Rosemont, IL 60018 United States (847) 604-6100
Michael Teplitsky Vice President mteplitsky@wynnchurch.com (847) 604-6120