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What we look for

Investment Criteria

Investment Criteria

Midwest Mezzanine partners with private equity sponsors, independent sponsors, family offices and management teams to provide junior debt and equity to privately-owned, lower middle-market companies. We seek companies with the following characteristics:

  • Headquartered in the United States
  • EBITDA of $3 million and strong, consistent profitability
  • Successful and experienced management teams
  • Sustainable competitive advantages and margins
  • Over 50% of assets and employees located domestically

Transaction Type

  • Change of Control
  • Management Buyouts
  • Recapitalizations
  • Acquisition Financing
  • Expansion Capital

Industries and End Markets

MMF typically invests in light manufacturing, value-added distribution and service business. Representative end markets include:

  • Commercial Products
  • Industrial Products
  • Food
  • Industrial Services
  • B2B and B2C Service Providers
  • Consumer Products
  • Environmental Services
  • Transportation and Logistics
  • Healthcare
  • Infrastructure
  • Defense
  • Pet
  • Education

Midwest Mezzanine Funds does not typically invest in companies in the financial services, high technology, restaurant, retail or real estate development sectors.

Investments

  • Investment Range: $4 – 15 million. Additionally, we can lead or participate in investments greater than $15 million by co-investing with our limited partners or other junior capital providers.
  • Subordinated notes, second lien term loans and last-out senior secured term loans
  • Non-control equity securities in conjuction with debt investment
Portfolio