Private equity and independent sponsors will become more collaborative, thereby leading to a win-win scenario for all stakeholders. 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. Securities offered through GT Securities, Inc., member FINRA, SIPC. Sure, if you are a first-time sponsor, you have hurdles to overcome in getting that initial deal financed. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. Read our top tips for developing a healthy acquisition pipeline, facilitating smooth integrations, and more. Save Time. We've changed the way the. Accelerate Success Under the Independent Sponsor Model, INDEPENDENT SPONSOR CAPITAL RELATIONSHIPS, We've Spent Years Building Relationships You Can Leverage, Traditional and Non-TraditionalProviders of Private Capital, Small Business Investment Companies (SBICs), THE INDEPENDENT SPONSORS' INVESTMENT BANK, Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, Member. Since our formation in 2012, we have closed more than 35 investments with independent sponsors. 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. Create a funding request to ask for funding from over 5,400+ investors. Frisch Capital Partners is the premier investment bank to help Independent Sponsors raise capital for their transactions. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equitycapital for independent sponsors, executives and family offices. Our extensive experience with independent sponsor transactions has allowed us to develop a deep understanding of the issues that are most important to them, and how to productively collaborate to identify and execute the most efficient and effective approach to close a deal. Similarly, having a third party negotiate on your behalf protects your relationship with your new capital partners. We've spent years building relationships with alternatives debt funds, family offices, private equity firms and traditional institutional LPs that invest with independent sponsors. Throughout the transaction, your wisdom, steady hand and goodwill were vital to the successful commercial outcome achieved on behalf of all parties. Back then especially, independent financial advisors in the RIA channel lacked a product-neutral source for . He is also an avid golfer, sailor, and a big family man. Drew, Bob and Elizabeth delivered exactly as promised. Provide introductions to service providers and senior lenders. Accordingly, a major component of our investment program has always been catering to the unique requirements of independent sponsors. As an investment bank focused exclusively on raising debt and equity capital for independent sponsors, weve spent years building relationships with capital providers and know which funding sources will be the most complementary for different types of deals and sponsors. That means we get to know you, your deal, and your exact specific needs. In an M&A market that is unpredictable and uncertain, its strategic investors time to shine. Private equity value creation: Accelerate growth with strategic, smooth M&A. Each entity is a separate legal entity and solely responsible for its own acts and/or omissions. Every single step of the way. To discuss an opportunity or learn more about how Access Capital Partners helps independent sponsors, please contact Greg Tobben or visit Access Capital Partners. My family and partners are eternally grateful to Bob for his assistance. Our model supports an unwavering belief in our investment philosophy, the growth potential of our companies, and most importantly, the operators we back. 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. Valuation arbitrage exists especially between smaller and larger businesses. As theindependent sponsor modelevolves and institutional capital partners become more selective, it is increasingly important for the sponsor to "addvalue" either by taking on an operational role in the acquired companyor through an active board member/advisory role. I cannot say it any more strongly than this - Bob saved my company. Due to their infrastructure and resource constraints, independent sponsors essentially served as an extension of their sourcing efforts. As a strategic coach and consultant to some of the largest Fortune 500 Companies and non-profits, Elizabeth has seen first hand the impact a persons outlook has on both the success of their deal and the bottom line. As you know, when an Independent Sponsor has a deal under exclusivity EVERY DAY MATTERS! As an investment bank focused exclusively on raising debt and equity, To discuss an opportunity or learn more about how Access Capital Partners helps independent sponsors, please contact, Associates of Access Capital Partners are registered representatives of, and securities transactions are conducted through, StillPoint Capital, LLC, Member. You need someone that is going to work just as hard as you do, that will be just as committed to your deal as you are, and that will throw all of its resources and experience toward getting your deal done and getting you great terms. We provide an extensive list of Insurance products to suit whatever your needs may be. The tide seems to be shifting as larger middle market funds are jumping into the mix. We are still looking to invest in great deals, including those sourced by independent sponsors. My family and partners are eternally grateful to Bob for his assistance. 3 Traits of Great Independent Sponsor Capital Partners, The ideal independent sponsor funding source embraces the, 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. In my opinion, Crux Capital as an independent sponsor is a much better partner for sellers of businesses than a private equity fund. We've changed the way the independentsponsorssecurecapital and strive to be aninnovator in the space. Greg Porto | email Greg Tobben | email, Access Capital Partners They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. CohnReznick LLP is a member firm of the Nexia International network. 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. We were somewhat profitable but unable to raise capital to grow. Based on their responses, you can decide if they really want to work with you. We believe the best partnerships are a result of aligned interests that's why the partners at Tregaron are the largest investors in the fund. CohnReznick refers to CohnReznick LLP or any of its subsidiaries or affiliates. securecapital and strive to be aninnovator in the space. To do so, we look for opportunities to pair our capital, industry expertise, and resources with strong management teams looking to take their businesses a step further. Certainty of close Merit provides certainty to close as a single source of junior capital (both the necessary equity and subordinated debt) for independent sponsors considering multiple financing sources. As your confidant and guide we will get you through the process and coach you every step of the way. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Our founders were focused on finding great deals and helping those businesses grow with our support. 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. Post transaction, we seek to be an active partner, providing board level support and if necessary, additional capital for further growth. You know you have the experience and expertise to take a company to the next level. The time consuming, emotional and thankless process of raising capital is taken off your shoulders. Due to our success, we now have our own fund. 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. Frisch Capital Partners is the premier investment bank to help Independent Sponsors raise capital for their transactions. Frisch Capital deeply believes in the importance of gathering competitive bids on each deal to ensure the client has multiple options for structuring his/her deal. I have worked with Frisch capital partners for over 20 years, they have always come through for me and my companies. The COVID-19 pandemic has impacted nearly every business, positively or negatively, and some more than others. Access Capital Partners is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. A PROVEN RESOURCE TO INDEPENDENT SPONSORS 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. 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. Frisch Capital was a wonderful partner to Bassett Creek Capital. Employer Name. 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. 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. Whether this is your first deal or your 5th, you need to talk to us. I was delighted with their expertise, responsiveness, engagement and overall process management in a large and very successful engagement. The need for the capital provider to control the deal is in many times a "deal killer" for independent sponsors. Thanks to them we got great economics, did a number of add-ons with a great partner. Testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success. Nonprofit organizations that are interested in being considered for an invitation to apply . While our fund structure has changed our focus hasnt. At CohnReznick, we've noticed that successful independent sponsors meet unique challenges with unique solutions, and we've invited members of the independent sponsor community to take Center Stage to share their achievements, contributions, and unique approaches to achieving their goals. What economics have they provided sponsors in the past? Embracing the independent sponsor model, we raise debt and equity for acquisitions on a deal-by-deal basis while aiming to accelerate the financing process and protect sponsor economics and fees. Running a deal and putting it into the market has more moving pieces than you would ever realize. Weve seen it all through the years. For any inquiries, please call or email us: Quadec Private Capital is an independent private capital firm pursuing investments in outstanding companies in the United States with EBITDA between $2 million and $20 million. Creating value. WASHINGTON - SBA Administrator Isabella Casillas Guzman, the voice in President Biden's Cabinet for America's over 33 million small businesses, has named Abdirahman Kahin of Afro Deli & Grill in Minnesota as the National Small Business Person of the Year for 2023 at the National Small Business Week (NSBW) awards ceremony in Washington, D.C. . 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. I cannot say it any more strongly than this - Bob saved my company. He serves on the board of Birmingham Girls Softball, helping to provide athletic and personal development to more than 300 players each year. 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. The Peninsula Funds seek to invest in superior middle-market companies requiring capital for an acquisition, expansion or recapitalization. Macroeconomic factors and other variables are playing into a frothy market, including low interest rates, plenty of capital, and valuations that seem to have a life of their own. 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 . . Even if you find the capital, how do you know youve got the best economics? ISS and Glass Lewis Endorsed Hestia's Case for Meaningful Boardroom Change at Pitney Bowes and . Website. "I started Dynasty with my partners more than 12 years ago to address a glaring problem. Government contractor valuation tracker: H2 2022. T: 301.364.9020 F: 301.364.9022 : home l team l portfolio l news l careers l contact l brochure Independent sponsor fees and economics shouldn't bethe only objective of a sponsor, but they are important. Elizabeth operates at the cross-section of finance and psychology. Dave was born and raised in the Midwest and earned his Bachelor of Business Administration degree from the Ross School of Business at the University of Michigan, where he also earned his Masters of Business Administration degree with high distinction. 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. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. Private debt funds have flexibility in their capital structures, with many able to pick up a sizable piece of the equity needs. In this latest Government Contractor Valuation tracker, we share key valuation indicators to help GovCon management teams and investors keep track of industry valuation benchmarks and trends. Our extensive experience with such deals has provided us the opportunity to develop a variety of partnership approaches to address the unique objectives, capabilities and competencies of independent sponsors, and the requirements of the transaction. They Embrace the Independent Sponsor Model. If you'd like to explore a career with Access Capital Partners, please. Want Better Independent Sponsor Economics or More Complimentary Partners? Capital providers are no longer in the drivers seat. Independence Capital Partners was founded in 1997 to provide back office and infrastructure support to private equity and real estate fund managers. Request Funding. Despite the economic challenges of the coronavirus pandemic, key takeaways from the summit were that independent sponsors have generally thrived during the pandemic, they continue to grow stronger as an alternative to traditional private equity firms, and the outlook for them in 2021 remains positive. meet the team: Perhaps the biggest takeaway in the still growing and maturing independent sponsor sector is that finding capital, both debt and equity, is no longer a top concern. 313.237.5100 | One Towne Square, Suite 1400, Southfield, MI 48076, 2023 Peninsula Capital Partners | Terms & Conditions. Get to know Douglas Song, Alberto Garofalo, and Matthew Cohen as they share insights as members of the independent sponsor community. Kirtland can support independent sponsor led transactions as the control-equity investor. e first step is downloading our White Paper. Here are 6 guidelines to help you get the most out of the independent sponsor model: 1. Caroline is here to put her decades of experience in details to work for you. your closing fees, management fees, carried . (Hint- it's really, really good.). We do not necessarily require a control position as is common among private equity investors; rather, only a fair return and reasonable legal rights commensurate with the role we are being asked to fill in the transaction. We dont mess around: we can get your deal into the market in a week instead of the 30+ day lead time other firms require. Partnership model - Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. Read More A Network of Independent Sponsors. A PROVEN RESOURCE TO INDEPENDENT SPONSORS CohnReznicks Transactions and Turnaround Practice has been rebranded to Value360. Unfortunately, we often hear horror stories from independent sponsors about capital partners that re-trade deals, back out at the last minute or become less than ideal partners after a transaction closes. 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. 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. Access Capital Partners (ACP) is a middle market investment bank focused exclusively on raising debt and equity capital for independent sponsors, executives and family offices. Max. Sharing the deal economics. They have worked on over 15 transactions for me raising capital in excess of hundreds of millions of dollars. As of 30 December 2022, the 294-person firm had $48 billion in assets under management. Prior to founding Quadec Private Capital, Dave was a partner at Peninsula Capital Partners, a private equity and mezzanine capital provider in Detroit, MI focused on lower middle market transactions with independent sponsors. ACP has developed a tailoredapproach to helpindependent sponsors efficiently secure the right debt and equity capital partners, on the best economics terms. This may include including origination, carry, and annual management fees. The first step is downloading our White Paper, How Independent Sponsor clients get better economics. This report will show you how you can improve your Independent Sponsor economics and what we are seeing in the marketplace. For an independent sponsor, time is your most precious resource. 2020 | FCP Partners, dba Frisch Capital Partners | PRIVACY POLICY. her responsibilities go on and on. Top 200 H1B Job Titles. He understands the nuances of financial transactions which has served his clients exceedingly well over the years. How do they see your role after the transaction closes? Building the business. Since 2013, Dave has taught an MBA course at Ross titled Entrepreneurship through Acquisition. 2023 CohnReznick LLP, All Rights Reserved. Our role is to support management with strategic guidance and our ability to identify, evaluate, and execute add-on acquisition opportunities. 2. Frisch is our go-to partner in capital raising. Sharing the deal economics. Phone: (424) 238-0730 Fax: (424) 238-0728 Email. GREAT WORDS FROM CLIENTS Read Testimonials Now! His expertise is unmatched. The military's statement raised the likelihood of a renewed surge in the nearly weeklong violence that . Some might argue this is not a healthy environment for the independent sponsor community, and time will tell if this dynamic will cause certain capital providers to step back from the independent sponsor model. Weve been in your shoes. Nexia International Limited does not deliver services in its own name or otherwise. For more information on Broker Dealers and Registered Representatives visithttps://brokercheck.finra.org/. Bob has been in finance for over 40 years. Well find you partners that match up not only financially, but personally and address the specific dynamics of your deal as well. I would recommend FCP for any capital raising, transaction or sale oriented services. Bassett Creek will forever be grateful to Frisch Capital. Acting like a funded private equity firm with discretionary capital is a fruitless exercise. Supporting growth. Frisch has been a critical partner in helping us raise capital for multiple deals as an independent sponsor. We will not spam, rent or sell your email. After substantial vetting and comparative shopping FCP was selected as my critical partner. We understand the complex processes and . Frisch Capital was a wonderful partner to Bassett Creek Capital. Just being able to close the initial platform is not sufficient. Aside from first hand experience, we are able to: We work extensively with investment bankers, M&A advisors, business brokers, accountants, lawyers, lenders, and other business intermediaries. Learn how this practice has helped clients create value in the business lifecycle in this 2022 year in review. Drew is a serial entrepreneur having started 5 businesses, sold a few and still owns some. I have worked with Frisch capital partners for over 20 years, they have always come through for me and my companies. Both are crucial to getting good Independent Sponsor economics and maintaining a great relationship between all parties. Access Capital Partners is an investment bank focused on raising capital for independent or fundless sponsor acquisitions and recapitalizations. Be careful not to fall into the trap of accepting below market economics if you can avoid it. 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. Advising on both debt and equity placements, we are a turn-key financing solution for experienced operating and private equity professionals. Managed Services and Outsourced Accounting. SAVE TIME. 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. The two sides continued to battle in central Khartoum and other parts of the country. To discuss a potential transactionor to start building a relationship, please contact: For all other general inquiries, please email: info@accesscappartners.com. We've alsodeveloped a tailored approach that creates optionality, uncovers the right capital partners and improves success rates. When we're hired, we pride ourselves on delivering results. You know that you can make a real difference on the bottom line. Our capital is used to facilitate growth, acquisitions, recapitalizations, management buy-outs, generational transfers, and other ownership . Most commonly, independent sponsorshave finance and strategy backgrounds stemming from experiencein private equity, investment banking or consulting or have backgrounds as operating executives who have built and grown companies from the inside. Bob helped us formulate and implement a new strategy that allowed us to attract significant funds and build again. While no two transactions are alike, historically, ACP clients have achieved above market deal fees, ongoing compensation, management fees and equity participation. Team What We Do Whether this is your first deal or your 5th, you need to talk to us. Historically, we saw traditional lower middle market private equity firms leading the way with independent sponsors. accesscappartners.com, independentsponsorfinancing.com | independentsponsormodel.com| fundlesssponsorcapital.com My experience with Frisch Capital was outstanding. We know deals dont sleep, and that means we dont either. Suite 1151 St. Louis, Missouri 63105 Well do whatever it takes to get the deal done. Dave invests his personal capital in every transaction and is supported by a broad network of debt and equity co-investors and transaction advisors. 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. And frankly, being an owner just makes good sense. We havepartnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Componentsand EnviroScience. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. The independent sponsor comes to the table with intimate industry knowledge, a value creation mindset, and the ability to roll up their sleeves. We look forward to working with Bob and Drew on future opportunities. He knows what its like to be in your shoes. info@accesscappartners.com| Tel: 314.783.9550 We partner closely with fellow private equity firms both as an equity co-investor or debt provider in support of a private equity sponsored buy-out. Family offices, while still a viable provider of capital, are losing out to traditional private equity, which has stepped up in providing competitive economics. INDEPENDENT SPONSOR FINANCING SOLUTIONS. Salary (2023) H1B Approvals (2023) New on H1BGrader? We're growing andlooking for talented and driven individuals to join our team. Partnership model Merit seeks to be a true partner and is comfortable allowing the sponsor to lead both the transaction and management interaction. Negotiating can be a difficult task. They have gotten financing structures that no one else could even approach thus increasing our rates of return. Examples of Capital Partners in a sentence. At the same time, there is an increasing number of debt and equity capital partners that predominately or solely focus on independent sponsor transactions.
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