Marquette Capital Partners seeks to partner with strong management teams and ownership groups of successful businesses that require
junior capital for a variety of reasons, including:
Growth |
Capital to support an acquisition or expansion.
|
Recapitalization |
Capital to restructure existing debt or ownership positions. |
Change of Control |
Capital to support management buyouts or leveraged acquisitions. |
Junior capital can take the form of mezzanine capital (subordinated note with or without equity participation), redeemable preferred
stock, convertible preferred stock and common stock. Each company and investment opportunity is unique; thus, we endeavor to customize the form of
investment to satisfy the needs of the company and the objectives of its ownership.
Most often, our investments are structured as a form of mezzanine capital, which provides borrowing capability beyond that of senior
debt, but minimizes the dilutive costs of equity financing. Typical terms include:
Amount |
From $2 million - $10 million.
|
Coupon |
Current coupon fixed at 12% - 15%.
|
Equity Participation |
Can take many forms, including warrants or convertible notes. We will consider deferred interest
structures with no equity participation.
|
Subordination |
Only to the senior debt.
|
Maturity |
5 to 7 years. |
