Our Private Equity and Direct Lending strategies provide tailored capital solutions to meet the needs of mature and growing middle-market companies.

private-equity

Private Equity – Comvest Investment Partners

Comvest’s Private Equity strategy pursues control investments in market leading companies that can benefit from our strategic and operational guidance to realize their full potential. Committed to the principles of partnership and collaboration, our investment professionals work closely with management to execute strategic initiatives focused on driving growth and operational improvement in the core business.

Investment Size

  • $35 million to $125 million investment per transaction
  • $75 million to $400 million of enterprise value
  • Flexibility to pursue larger transactions with LP co-investment

Financial Profile

  • Revenue between $50 million and $1 billion
  • Profitability is not a requirement
  • No minimum revenue for add-ons

Transaction Types

  • Founder and Family transition of ownership
  • Corporate divestitures
  • Buyouts from institutional owners
  • Public-to-private
  • Complex transactions and turnarounds

Target Industries

  • Business Services
  • Consumer & Retail
  • Healthcare Services
  • Industrials
  • Transportation & Logistics
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Direct Lending – Comvest Capital

Comvest’s Direct Lending strategy provides secured and unsecured debt to public and private companies, primarily in the lower middle market.  Using our operating resources, industry expertise and deep experience investing in the lower middle market, we are able to better understand our borrowers’ needs.  We apply this knowledge to create flexible financing structures tailored to meet the needs of growing companies.

Investment Size

  • $10 million to $50 million hold size per transaction
  • Transaction size up to $100 million

Financial Profile

  • Revenue greater than $15 million
  • EBITDA greater than $3 million, with exceptions for high growth or specialty finance companies
  • Enterprise value greater than $20 million

Transaction Types

  • Senior Secured
  • Unitranche
  • First in Last Out (FILO) Facilities
  • Second Lien
  • Mezzanine
  • Equity Co-Investments

Investment Characteristics

  • Public or private ownership
  • Sponsored, non-traditionally sponsored, or non-sponsored
  • Investment supported by cash flow and enterprise value
  • Strong management team

Target Industries

  • Business and Financial Services
  • Education
  • Healthcare
  • Specialty Finance
  • Technology
  • Transportation