Capital markets
Equity and debt for private companies that want to grow, acquire, or rebalance ownership, from investors and lenders who suit them.
The right capital partner
The money from a raise is spent within a few years. The partner, the terms, and the covenants stay much longer, which is why we spend as much time on fit as on price.
We work out what the capital is for, approach the investors and lenders most likely to fit, and bring competing offers back to you side by side.
You choose with a clear view of cost, control, and flexibility.
What we raise
For established private companies, from a first outside investment to a full recapitalization.
Growth equity
Investment from firms that back the plan and respect the people who built the company.
Private credit
Flexible loans from non-bank lenders when the bank cannot go far enough.
Bank financing
Term loans and credit lines on terms that leave room to run the business.
Acquisition financing
Capital lined up in advance so an offer can be made with confidence.
Partner buyouts
Funding to buy out a retiring or departing partner without selling the company.
Recapitalizations
A new balance of debt and equity that puts some cash in owners’ hands.
Four stages of a raise
From the first question to money in the account.
- I
Purpose
What the capital is for, how much, and what type fits.
- II
Preparation
A financial model and a clear story for investors.
- III
Term sheets
Focused outreach and offers compared line by line.
- IV
Funding
Diligence, final documents, and closing.
Questions companies ask
What kind of company suits private credit?
Usually one with steady cash flow that needs more debt, or more flexible terms, than a bank will offer. It costs more than bank debt, so it should pay for itself through growth or an acquisition.
How do investors value a growing company?
Mostly on earnings and the confidence they have in future growth. Recurring revenue, a strong team, and a credible plan all support a higher value. We help put each of those in front of investors clearly.
Should we raise now or wait?
If the money has a clear use and the company is performing, waiting rarely improves terms. If results are about to improve, a short delay can. We look at your numbers and give you a straight answer.
What covenants should we expect from lenders?
Typically limits on total debt relative to earnings and a minimum level of cash flow coverage. We negotiate covenants with real headroom so a slow quarter does not become a crisis.
Can a raise help me buy out a partner?
Yes. A recapitalization or new debt can fund a partner buyout while the remaining owners keep control. It is one of the most common reasons owners call us.
Tell us about the road ahead
Whether you are years from a decision or weeks away, a short note is the best place to start. Your message is read by a senior advisor and kept in confidence.