Top 10

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 $15mm - $100mm.

 

 

Please Contact our Team

 

For inquiries related to potential credit and opportunistic investment opportunities, please contact Jonathan Ben-Horin at 817-339-7169 or jbenhorin@crestlineinc.com

 

 

INVESTMENT PARAMETERS

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FACILITY SIZE

  • $15mm - $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 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

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$48,000,000

 

Managed Services Provider to the Hospitality Industry

 

Senior Secured

Credit Facility

 

Refinancing Capital

 

Dec 2017
***

 

$18,000,000

 

Data Center
Operator

 

Senior Secured

Credit Facility

 

Refinancing & Growth Capital

 

Dec 2017
***

 

$20,000,000

 

Data Analytics Platform
for Horse Racing Industry

 

Senior Secured

Credit Facility

 

Acquisition Capital

 

Nov 2017

***

 

$19,000,000

 

Master Planned Community Development

 

Senior Secured

Credit Facility

 

Debtor in Possession

 

Sep 2017
***

 

$20,000,000

 

Provider of Enterprise Cloud
Software and Managed Services

 

Senior Secured

Credit Facility

 

Growth Capital

 

Jul 2017
***

 

$15,000,000

 

Security Alarm System
Service Provider

 

Senior Secured

Credit Facility

 

2nd Lien

 

Jun 2017

***

 

$25,000,000

 

Online Course Creator
for the K-12 Education Market

 

Senior Secured

Credit Facility

 

Acquisition Financing

 

May 2017
***

 

$26,000,000

 

Colocation
Data Centers

 

Senior Secured

Credit Facility

 

Leveraged Buyout

 

Apr 2017
***

 

$26,000,000

 

Travel Intelligence &
Security SaaS Platform

 

Senior Secured

Credit Facility

 

Acquisition Financing

 

Jan 2017

***

 

$21,000,000

 

SaaS Platform for Retirement
& Mutual Fund Servicing

 

Senior Secured

Credit Facility

 

LBO & Growth Capital

 

Dec 2016
***

 

$25,000,000

 

Appalachian-Focused
E&P Company

 

Senior Secured

Credit Facility

 

Acquisition Financing

 

Dec 2016
***

 

$15,000,000

 

Managed IT
Services Provider

 

Senior Secured

Credit Facility

 

LBO & Growth Capital

 

Oct 2016

***