CRESTLINE OPPORTUNISTIC INVESTING

 

Crestline provides flexible capital solutions for:
  • Stressed, complex or misunderstood middle market and lower middle market companies in the form of debt or structured equity
  • Purchasing, lending against or creating platforms around future cash flow streams backed by assets
  • Special situations - lending against or purchasing assets at a discount to intrinsic value
We continue to seek debt and structured equity opportunities ranging from $20mm - $100mm.

 

 

Please Contact our Team

 

For inquiries related to potential credit and opportunistic investment opportunities, please contact Marc Strauss at 917-208-4025 / mstrauss@crestlineinc.com, or Jake Friemel at 817-339-7383 / jfriemel@crestlineinc.com

 

 

INVESTMENT PARAMETERS

 

FACILITY SIZE

  • $20mm - $100mm

 

GEOGRAPHY

  • North America

  • Western Europe
STRUCTURES

  • 1st / 2nd Lien Debt with Warrants

  • Mezzanine

  • Structured Equity (Non-Control)
TRANSACTIONS

  • Acquisition Financing

  • Growth Capital

  • Leveraged Buyouts

  • Refinancing

  • Recapitalization

  • DIP/Exit Financing

  • Secondary Purchases

 

 

TYPES OF INVESTMENTS

 

 
RECURRING REVENUE

 

MULTI-SITE /
DISCRETE POOLS OF VALUE
ASSET PROTECTION

 

 

 

DESCRIPTION

 

  • Recurring or multi-year contractual revenue

  • High retention rates

  • Mission critical attributes create high switching costs

  • Businesses with 10+ locations, each with its own cash flow stream

  • Businesses with separable pools of value

  • Non-consumer or fashion

  • Single asset or portfolio of assets

  • Preferably cash yielding

  • Niche opportunities

 

 

 

 

 

INDUSTRY EXAMPLES

 

  • Alarm Monitoring

  • Data Centers

  • Financial Technology / Payment Processing

  • Healthcare IT

  • Industrial / Facilities Maintenance

  • Software

  • Tech-Enabled Services

  • Waste Management

  • Education

  • Healthcare Services

  • Traditional Media

  • Specialty Finance

    • Leasing

    • Factoring

    • Small Business / Consumer

  • Real Estate

  • Energy

 

 
REPRESENTATIVE CLOSED TRANSACTIONS

***

 

$44,000,000

 

SaaS-based Content
Management Platform

 

Preferred Equity

 

 

Acquisition Capital

 

 

May 2021

 
***

 

$16,000,000

 

Real Estate
Development Company

 

Senior Secured
Credit Facility

 

Refinancing, Site Development
& Working Capital

 

May 2021

 
***

 

$37,000,000

 

Urgent Care Provider

 

1st Lien /
Structured Equity

 

 

Acquisition Capital

 

 

Apr 2021

 

***

 

$35,000,000

 

Cosmetic Aesthetic
Device Distributor

 

 

Senior Credit Facility /
Detachable Warrants

 

Dividend Distribution &
Growth Capital

 

Apr 2021

 
***

 

€104,000,000

 

Short Sea Container
Terminal Business
in the Netherlands

 

Infrastructure
Investment

 

Asset Purchase

 

 

Mar 2021

 
***

 

$50,000,000

 

Property-wide Broadband
Services Provider

 

1st Lien /
Structured Equity

 

Acquisition &
Growth Capital

 

 

Mar 2021

 

***

 

€30,000,000

 

Global Integrated
Payments Facilitator

 

Senior Secured
Credit Facility

 

Refinancing &
Growth Capital

 

Mar 2021

 
***

 

$50,000,000

 

Alternative Lender
Providing Lower
Middle Market Loans

 

Structured Equity

 

 

Origination Capital

 

Mar 2021

 
***

 

$25,000,000

 

Land Purchase

 

 

Senior Debt /
Common Equity

 

Acquisition &
Growth Capital

 

Dec 2020

 

***

 

$8,000,000

 

Land and Eligible
Mitigation Credits

 

1st Lien /
Mezzanine

 

Development Financing

 

Dec 2020

 
***

 

$30,000,000

 

Online Subscription
Fashion Retailer

 

Common Equity

 

 

Secondary Purchase

 

Dec 2020

 
***

 

$50,000,000

 

UCaaS Provider

 

Mezzanine /
Structured Equity

 

 

Secondary Purchase

 

Dec 2020

 

***

 

€82,000,000

 

Aggregation of
"End-of-Life" Wind Farms
in Germany

 

Senior Secured
Credit Facility

 

 

Acquisition Financing

 

Nov 2020

 
***

 

$20,000,000

 

Provider of Debt
Financing to Investors
in Residential Housing

 

Senior Secured
Credit Facility

 

Real Estate ABL &
Origination Capital

 

Oct 2020

 
***

 

£34,000,000

 

Two Super-Prime
Residential Houses
in London

 

Senior Secured
Credit Facility

 

Refinance &
Development Capital

 

Oct 2020