CRESTLINE DIRECT LENDING 

 

Crestline provides flexible senior debt capital solutions to lower-middle and middle market businesses.

 

We seek senior secured, unitranche and second lien 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 Lien / Unitranche

  • 2nd Lien

  • Equity Co-Invest (Non-Control)
TRANSACTIONS

  • Acquisition Financing

  • Growth Capital

  • Leveraged Buyouts

  • Refinancing

  • Recapitalization

  • Secondary Purchases

 

 

TYPES OF INVESTMENTS

 

 
RECURRING REVENUE

 

MULTI-SITE /
DISCRETE POOLS OF VALUE
ASSET-BACKED

 

 

 

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

 

  • Software

  • Data Centers

  • Alarm Monitoring

  • Tech-Enabled Services 

  • Payment Processing

  • Business Services

  • Healthcare Services

  • Health & Wellness

  • Business-to-Consumer

  • Environmental / Industrial Services

  • Education

  • Leasing

  • Factoring 

  • Specialty Finance

  • Infrastructure

  • Transportation

  • Real Estate

 

 

 

REPRESENTATIVE CLOSED TRANSACTIONS

***

 

$58,000,000

 

Ophthalmology Practice
Management Platform

 

Senior Secured
Credit Facility

 

 

Growth Capital

 

 

Dec 2021

 
***

 

$37,000,000

 

EHR and PM Services
Provider to the Behavioral
Health Industry

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Dec 2021

 
***

 

$50,000,000

 

Multi-Site Veterinary
Hospital Operator

 

Senior Secured
Credit Facility

 

 

Growth Capital

 

 

Dec 2021

 

***

 

$30,000,000

 

Contract Manufacturer of
Specialty Chemicals and
Lubricant Additives

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Dec 2021

 
***

 

$23,000,000

 

Provider of Social
Emotional Learning
Software Services

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Dec 2021

 
***

 

$50,000,000

 

Specialty Home
Infusion Provider

 

 

Senior Secured
Credit Facility

 

Leveraged Buyout

 

 

Oct 2021

 

***

 

$57,000,000

 

Revenue Cycle
Management Provider

 

Senior Secured
Credit Facility

 

Acquisition &
Growth Capital

 

 

Sep 2021

 
***

 

$12,000,000

 

Industrial Cleaning
Services Provider

 

Senior Secured
Credit Facility

 

 

Acquisition Financing

 

 

Sep 2021

 
***

 

$40,000,000

 

SaaS Based Clinical
Documentation
Software Provider

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Aug 2021

 

***

 

$56,000,000

 

Industrial Cleaning
Services Provider

 

Senior Secured
Credit Facility

 

 

Refinancing Capital

 

 

Aug 2021

 
***

 

$59,000,000

 

Digital Media
Destination Operator

 

Senior Secured
Credit Facility

 

 

Acquisition Financing

 

 

Aug 2021

 
***

 

$27,000,000

 

Pediatric and Orthodontic
Dental Service
Organization

 

Senior Secured
Credit Facility

 

Refinancing Capital

 

 

Jul 2021

 

***

 

$100,000,000

 

Personal Emergency
Response Systems Provider

 

Senior Secured
Credit Facility

 

Refinancing &
Acquisition Capital

 

Jun 2021

 
***

 

$87,000,000

 

Digital Marketing
Services Provider

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Jun 2021

 
***

 

$84,500,000

 

Outdoor Advertising Company

 

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

May 2021