Midwest Mezzanine Funds

PE/Buy-Out · Chicago (United States)

PE/Buy-Out

PE/Buy-out

AI

Cloud/SaaS

Sign up free to access full profile and submit your pitch.

About

Midwest Mezzanine Funds is a private equity firm specializing in mezzanine financing, lower middle market, buyouts, acquisition finance, expansion capital, change of control, management buyouts, recapitalizations, and growth capital transactions in middle market and mature companies. It operates as a SBIC. The firm does not invest in companies in the financial services, high technology, restaurant, retail or real estate development sectors. The firm primarily invests in manufacturers, value added distributors or service providers; representative end markets with a focus on consumer products; commercial products/services; industrial services; business services; professional services; industrial products; food products; beverages; household and personal products; outsourced business services; information technology; health care; B2B and B2C service providers; transportation and logistics; infrastructure; defense; pet; environmental and for profit post-secondary education. It also prefers to invest in companies in consumer durable and apparel; distribution; education services; facilities services and capital goods. It seeks to invest in companies located in the United States and Canada with a focus on the Midwest with EBITDA between $3 million and $15 million per year. The firm typically invests between $4 million and $15 million and can lead or participate in investments greater than $15 million by co-investing with our limited partners. It seeks to invest in companies with enterprise values between $15 million and $100 million. It prefers to invest in companies having sales value between $15 million and $150 million. It typically invests in companies’ debt investment between $5 million and $15 million. It invests in junior capital that could consist of subordinated notes, second lien term loans, last-out senior secured term loans, non-control equity securities in conjuction with debt investment and non-control equity participation in the form of convertible notes, redeemable preferred stock, convertible preferred stock, detachable warrants, or common stock. The firm does not seek to have a controlling stake in its portfolio companies. Midwest Mezzanine Funds was founded in 1992 and is based in Chicago, Illinois.

Investment Criteria