The Intermediate Capital team provides uni-tranche or mezzanine debt and takes minority equity stakes in profitable UK small and medium-sized enterprises. The team typically invests between £5 million and £10 million, with capital typically used to finance company expansion plans, support management buy-outs/buy-ins, partial exits, acquisitions and organic growth.
Because each company and situation is different, the team takes a bespoke approach to structuring each investment. Companies benefit from the team’s diverse backgrounds (such as banking, private equity and industry). The team views itself as active partners rather than passive owners, and will usually join the board of portfolio companies as non-executive directors.
The team typically seeks to invest in businesses with the following criteria:
- EBITDA between £1 million and £4 million
- Strong recurring cash flows
- Experienced and successful management teams
- Strong customer relationships and highly defensible market positions.
Keep in mind that our investments place capital at risk, and investors may not get back the full amount they invest.