In my opinion, Crux Capital as an independent sponsor is a much better partner for sellers of businesses than a private equity fund. Many independent sponsors came with deep operating expertise, complementing the strength of their existing deal teams. As a firm principally dedicated to investing in non-traditional buyouts and other leveraged transactions, we have the institutional expertise and flexibility to understand and structure a customized capital solution for independent sponsor deals. The ideal independent sponsor funding source embraces the independent sponsor model because they want to, not because they have to. In summary, Peninsula Capital Partners was one of the first firms to actively seek out independent sponsor transactions and has been one of the most active investors in such deals for years. SCALE OR START YOUR BUSINESS WITH CAPITAL Raise $25,000 To $1,000,000. Running a deal and putting it into the market has more moving pieces than you would ever realize. In the end, results are what matter - and they were professionally delivered. Dave has spent his entire career working with middle market private companies, starting his career with PricewaterhouseCoopers middle market advisory and transaction services practices for 7 years before transitioning into private equity. We rely on our network of independent sponsor partners to source investment opportunities. We pride ourselves on being there for our clients from the beginning (Pre-LOI) to the end (the wiring of money). CAPITAL RAISING FOR INDEPENDENT SPONSORS GET IN TOUCH Greg Tobben m 314.458.8186 gtobben@accesscappartners.com Tel: 314.783.9550 www.accesscappartners.com www.independentsponsorfinancing.com www.independentsponsormodel.com Access Capital Partners 7733 Forsyth Blvd. Community Giving - Corporate Social Responsibility - Wells Fargo Save Time. Independent sponsors are using placement agents more frequently, running competitive processes, and syndicating the transaction. That means we get to know you, your deal, and your exact specific needs. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. Ideal investment candidates will exhibit some combination of the following characteristics: Recurring revenue or repeat customer relationships, Management or owners interested in rolling over a meaningful equity stake to benefit from a second bite at the apple, Fragmented markets with opportunities for growth via acquisition, 2021 by Quadec Private Capital LLC - All Rights Reserved. Many independent sponsors, because of their SBIC partners or because they were not caught up by the affiliation rules, could tap into Paycheck Protection Program (PPP) loans, which helped a lot. This may include including origination, carry, and annual management fees. But youve got a problem: youre not sure where youre going to find the capital. The tide seems to be shifting as larger middle market funds are jumping into the mix. , Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, MemberFINRAandSIPC, Tampa, FL. As you know, when an Independent Sponsor has a deal under exclusivity EVERY DAY MATTERS! How has the capital provider behaved? Independent Sponsor | Financing Experts | Frisch Capital Partners Florida court: No homestead tax exemption on exclusively rented residence, Pre-award compensation considerations: The best things in life arent free, Sun joins CohnReznick as Principal, Cybersecurity, Real estates pivot to purpose: Plan around people first. Learn more. Small Business Investment Companies (SBICs), Special Purpose Acquisition Companies (SPACs) Services, Financial Modeling and Decision Analytics, Paycheck Protection Program (PPP) Loan Forgiveness Assistance, Managed and Outsourced Services to Administer and Safeguard Public Funds, Mitigate Enterprise Risk & Achieve Compliance, Gamechangers in ESG Awards 2023: Coming Soon, CohnReznick: Advisory, Assurance, Tax Firm, For independent sponsors, access to capital is no longer a constraint, Business of Baseball: Highlights From Past Seasons. Family offices, while still a viable provider of capital, are losing out to traditional private equity, which has stepped up in providing competitive economics. Wells Fargo is committed to building an inclusive, sustainable future for all through a focus on opening pathways to economic advancement, championing quality, affordable homes, empowering small businesses to thrive, and driving an equity-focused transition to a low-carbon economy.. Grant Interest Form. Meet Our Team - Frisch Capital Partners Ocean Avenue Capital Partners 401 Wilshire Boulevard, Suite 1020 Santa Monica, CA 90401. He sees the Independent Sponsor model as the method executives and industry experts can take to own and run already established businesses. Nonprofit organizations that are interested in being considered for an invitation to apply . They prefer an equal partner someone who complements skills they may be lacking. Independence Capital Partners As an independent sponsor financing firm, Access Capital Partners has put together a brief overview that outlines how independent sponsors can both maximize their independent sponsor economics, as well as achieve long term majority ownership of the businesses in which they invest. The best funding sources are strategic they will enable growth by funding add-on acquisitions; they have helpful industry connections; they have insight on best practices to grow a business. We were somewhat profitable but unable to raise capital to grow. Access Capital Partners is an investment bank focused on raising capital for independent or fundless sponsor acquisitions and recapitalizations. Well be the answer to your questions, the sounding board when youre frustrated, and the first to toast you at the closing. We should expect to see more independent sponsors emerge, existing sponsors investing in multiple transactions, and the broader private equity market continuing to embrace independent sponsors. We've changed the way the. Our comprehensive and flexible equity capital and junior debt solutions help our partners achieve successful outcomes. Opportunities that warrant a more conservative capital structure without a significant amount of debt; Growth oriented investments that plan to use debt capacity in the future to fund add-on acquisitions;or. Partnership model - Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. The need for the capital provider to control the deal is in many times a "deal killer" for independent sponsors. Every single step of the way. Peninsula Capital Partners was among the first, if not the very first, junior capital investment firm founded with the strategic focus of investing in situations in which a traditional buyout firm is not leading (a.k.a., sponsoring ) the transaction. While the 2021 outlook is for a healthy M&A market, many potential participants are wondering if there could be a black swan event. Learn more in this free training of how this works. Frisch Capital focuses on raising capital and structuring your transaction, so you can focus on the deal itself, the seller and his/her expectations, due diligence, strategic planning and value creation etc. Why is anything less than that reasonable or acceptable? Acting like a funded private equity firm with discretionary capital is a fruitless exercise. An ability to provide dry powder for add-on acquisitions. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. CohnReznick refers to CohnReznick LLP or any of its subsidiaries or affiliates. . They have gotten financing structures that no one else could even approach thus increasing our rates of return. Our founders were focused on finding great deals and helping those businesses grow with our support. Put simply, they did what they said they were going to do, which is to run a competitive capital raising process and to advocate on our behalf to find multiple attractive capital partners for us to choose from on each deal. Private equity value creation: Accelerate growth with strategic, smooth M&A. We'll gladly provide guidance on transaction viability, structures and capital alternatives to help you refine which opportunities to pursue. Independent Sponsor Spotlight: Wayne Moore of Crux Capital You need to ask the right questions how many independent sponsor deals have they done? Nexia International Limited does not deliver services in its own name or otherwise. WHO SHOULD ATTEND: Independent sponsors, family offices, private equity funds, other alternative investors, senior, unitranche and mezzanine lenders, and pensions and endowments General Schedule Speakers C P Carr Preston Managing Director Akoya Capital, LLC C C Christian Cantalupo Partner ASGARD Partners & Co. N C Nathan Chandrasekaran Partner We are particularly focused on situations where management or current business owners are seeking a liquidity event, but also have a desire to retain a meaningful ownership stake and pursue organic and acquisitive growth. Max. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. The Oregon Watershed Enhancement Board has awarded seven grants totaling more than $4.1 million for conservation easements to protect working farms and ranches. Farragut Capital Partners is a privately held investment firm offering subordinated debt and private equity capital to entrepreneurs, business owners, private equity firms, and independent sponsors. Frisch Capital Partners offer operational and industry expertise that many investors, whether established private equity firms or otherwise, find ultimately contribute to the success of the investment. While there will always be a competitive element and some tension between private equity and independent sponsors, many different factors are pointing to an environment where both parties can work together to create value and thrive. Partners Capital Investment Group, LLC is an outsourced investment office (OCIO) that serves endowments, foundations, pensions, investment professionals, and high-net-worth families in Europe, North America and Asia. State awards grants to preserve Oregon farms, ranches Subscribe to Merit Capital communications. We havepartnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Componentsand EnviroScience. We have become very familiar with both the economic and business objectives of independent sponsors, and have gained an appreciation for the variety of approaches independent sponsors have with respect to their role in a target company post-closing. Weve coached hundreds of Independent Sponsors through the business-buying process in the last 26+ years. Back then especially, independent financial advisors in the RIA channel lacked a product-neutral source for . Earlsfort Capital Partners launches lender for new - independent.ie If you bring a proprietary deal, at an attractive valuation, with a solid management team and growth plan to the table, you should be rewarded with . Day and night, week-in and week-out. Working closely with affiliated fund managers, we develop custom-tailored solutions that satisfy administrative, financial and regulatory requirements. But thats why as an Independent Sponsor, you need someone on your side that can help walk you through the deal from start to finish- from putting the deal structure together to finding potential capital partners and investors to helping you understand the nuances of the process to negotiating on your behalf so you get the best possible outcome. Access Capital Partners is not affiliated with StillPoint Capital, LLC. They have gotten financing structures that no one else could even approach thus increasing our rates of return. FOCUS ON VALUE CREATING ACTIVITIES. When we're hired, we pride ourselves on delivering results. Independent Sponsor Spotlight: Rob Bauer of Bassett Creek Capital May 26, 2021 The interview below is part of a series from McGuireWoods that features interviews with impressive independent sponsors as part of our ongoing commitment to the independent sponsor community. In fact, approximately half of our over 100 platform investments have been in partnership with independent sponsors, both as a control and non-control investor, which we believe makes us one of the most active investors in such transactions in the private capital industry. We often find our clients asking us: Which capital sources make the best partners for independent sponsors?