Subordinated Loans
Churchill Capital concentrates primarily on providing mezzanine financing to smaller middle market companies controlled by leading private equity firms.
Types of Financing Provided
The size of our investments typically ranges from $5 to $30 million. Other attributes include:
- Flexible pricing structures
- Bias toward all-coupon, contractual returns
- Equity co-investments and warrant structures are also available
Types of Companies Financed
Churchill Capital focuses on providing debt financing to solid middle market companies with these typical characteristics:
- At least $5 million in EBITDA
- Proven historical earnings, sustainable free cash flow (EBITDA - Normalized CAPEX) and credible business strategies
- Solid quality management teams with the ability to grow the business
- Diverse customers with no concentration
- Support of private equity sponsors in transactions
- Strong position in market with sufficient barriers to entry
Representative Transaction Types
- Leveraged buyouts backed by equity sponsors
- Growth capital or acquisition financing
- Leveraged recapitalizations
- Public to private transactions
At Churchill our senior professionals have the authority to speak for the organization and deliver the timely feedback you require. We commit to promptly provide you with an initial indication of our level of interest and structure and to deliver a "no surprises" financing package in a time frame that meets or exceeds the sponsor's expectations.