CRESTLINE OPPORTUNITIES

 

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

***

 

$55,000,000

 

UK Gas Station &
Convenience Store Group

 

Senior Secured

Credit Facility

 

Acquisition & Growth Capital

 

Sep 2020

 
***

 

$23,000,000

 

Distressed
Office Complex

 

1st Lien /

Mezzanine

 

Acquisition Financing

 

Sep 2020

 
***

 

$15,700,000

 

Construction &
Development Company

 

Asset Backed

Investment

 

Acquisition Financing

 

Sep 2020

 

***

 

$16,650,000

 

Mixed-Use
Student Housing

 

Senior Secured

Credit Facility

 

Distressed Real Estate

 

Sep 2020

 
***

 

$70,000,000

 

Cloud-Based Mobile Platforms
for Enterprise Marketing

 

Senior Secured

Credit Facility

 

Refinancing & Growth Capital

 

Jul 2020

 
***

 

$15,000,000

 

Leading Daas
Provider

 

1st Lien /

Structured Equity

 

Refinancing & Growth Capital

 

May 2020

 

***

 

$6,360,000

 

Outsourced Emergency
Department Services

 

Senior Secured

Credit Facility

 

Growth Capital

 

Apr 2020

 
***

 

$49,400,000

 

UK Property
Developer

 

Senior Secured

Credit Facility

 

Development Financing

 

Feb 2020

 
***

 

$12,350,000

 

Distressed Office Complex

 

Asset Backed
Investment

 

 

Development Financing

 

Feb 2020

 

***

 

$37,000,000

 

Specialty Insurance
Fronting Carrier

 

1st Lien /

Structured Equity

 

Acquisition & Growth Capital

 

Jan 2020

 
***

 

$50,000,000

 

UK Telecom
Towers Business

 

1st Lien /

Structured Equity

 

Growth Capital

 

Dec 2019

 
***

 

$16,000,000

 

High-End UK
Pawn Broking

 

1st Lien /

Structured Equity

 

Growth Capital

 

Dec 2019

 

***

 

$27,500,000

 

Provider of IT Services

 

 

1st Lien /

Structured Equity

 

Refinancing & Growth Capital

 

Nov 2019

 
***

 

$30,000,000

 

Data Center and
Managed Services Provider

 

1st Lien /

Structured Equity

 

Growth Capital

 

Nov 2019

 
***

 

$50,000,000

 

Mainstream Diamond
Specialty Finance Firm

 

 

Asset Purchase

 

Asset Purchase

 

Oct 2019

 

***

 

$115,000,000

 

Urgent Care Provider

 

 

1st Lien /

Structured Equity

 

Refinancing & Growth Capital

 

Jul 2019

 
***

 

$18,000,000

 

Newly Created Cargo
Shipping Joint Venture

 

Sale

Leaseback

 

Asset Purchase

 

May 2019

 
***

 

$70,000,000

 

Propane & Fuel
Distribution

 

2nd Lien /

Structured Equity

 

Refinancing & Growth Capital

 

Mar 2019

 

***

 

$125,000,000

 

Subscription
E-Commerce Platform

 

Senior Secured

Credit Facility

 

Refinancing & Growth Capital

 

Dec 2018

 
***

 

$20,000,000

 

Behaviorial Health
Hospital Operator

 

Senior Secured

Credit Facility

 

Refinancing & Growth Capital

 

Dec 2018

 
***

 

$30,000,000

 

Joint Venture to Fund Specialty
Finance Platform Transactions

 

Senior Secured

Revolving Credit Facility

 

Origination Capital

 

Oct 2018

 

***

 

$17,500,000

 

Urgent Care Provider

 

 

1st Lien /

Structured Equity

 

Growth Capital

 

Oct 2018

 
***

 

$50,000,000

 

Lender to Residential
Housing Investors

 

2nd Lien

Credit Facility

 

Real Estate ABL Origination

 

Oct 2018

 
***

 

$31,000,000

 

Distressed
Office Complex

 

Asset

Purchase

 

Distressed Real Estate

 

Aug 2018

 

***

 

$90,000,000

 

Infrastructure Software
for Enterprise Databases

 

1st Lien /

Structured Equity

 

Refinancing & Growth Capital

 

Aug 2018

 
***

 

$30,000,000

 

Telecom
Receivables Factoring

 

1st Lien /

Structured Equity

 

Growth Capital

 

Jun 2018

 
***

 

$35,000,000

 

Real Estate

 

 

Senior Secured

Credit Facility

 

Exit Financing

 

May 2018

 

***

 

$30,000,000

 

Motorsport Consumer Loan
Origination and Servicing

 

Unsecured Consumer Loans

 

Origination Capital

 

Apr 2018

 
***
***

***