We offer a flexible approach to structuring transactions. As individuals rather than institutions, we and our Roundtable partners have the ability to tailor transactions to best match the needs and goals of the owners and management teams with whom we work.
We acquire controlling interests in companies, often in partnership with existing or new management teams. We work with sellers and their advisors to structure transactions optimally for mutual advantage. We participate in auctions and negotiated processes alike.
We also make minority investments, whether in recapitalizations to provide liquidity to existing owners or in the form of new growth capital. Since we are not passive investors, we do not take minority positions unless they are meaningful enough for us to be able to make a positive difference.
We will join as co-investors behind others who share our basic values. Similarly we welcome co-investors who add value to transactions led by us.
We have the ability to provide deep mezzanine capital where doing so meets the needs of the parties better than equity. By “deep” we mean subordinated debt or preferred equity that contains few if any restrictive covenants, accompanied by an appropriate level of participation in the company’s upside.