PNC Mezzanine Capital - Investment Criteria

Investment Criteria

PNC Mezzanine Capital offers comprehensive junior capital solutions for middle market management teams, private equity firms, investment banks and independent sponsors to finance leveraged buyouts, recapitalizations and expansion.

We look at each investment opportunity on an individual basis, but our key investment criteria generally includes:

General Industry Criteria
 
  • Niche manufacturing
  • Value added distribution
  • Business Services
  • Consumer Services  
Average Investment Range
 
  • $10-40MM hold position
  • Can lead to financings of up to $70MM
Types of Investment
 
  • Subordinated debt
  • Preferred Stock
  • Common Stock
  • Other Junior Capital
Investment Criteria
 
  • Experienced management teams, with a meaningful stake in their business and a plan for continued growth
  • Revenues greater than $20 million and EBITDA greater than $4 million
  • Stable free cash flow
  • Well diversified, repeating customer base
  • Defensible market positions