Structured Capital for the Middle Market

Comvest Special Opportunities is a structured capital investment platform that provides custom structured debt and non-control equity capital solutions to sponsored and non-sponsored companies in the middle market.

Comvest Special Opportunities draws on the investment and business development acumen of Comvest professionals firmwide. Together they bring nuanced knowledge of all parts of the capital structure along with specialized underwriting and industry expertise, access to Comvest’s versatile operating resources, and decades of experience working with companies in many types of non-control situations.

Comvest tailors our investments to achieve the strategic objectives of the companies we serve. We strive to quickly execute complex transactions that typically involve a variety of unique growth and operational situations.

Structural Features

Tailored to Each Situation
Senior or Junior Debt
Second Lien & Unsecured Debt
Preferred / Structured Equity
Flexibility on Cash Vs Payment-In-Kind (PIK)

Investment Criteria

HQ in North America
Sponsored and non-sponsored
Enterprise value between $50 million and $500 million

Target Industries

Business & Technology Services
Consumer & Retail
Financial Services & Specialty Finance
Healthcare
Industrials

Investment Size

$15 million to $100+ million per transaction

Transaction Types

Growth Capital, including M&A
Deleveraging / Debt Recapitalization
Dividend / Shareholder Buyout
Stressed and Distressed Credit
Forward Flow Asset Purchases
Private Investments in Public Entities (PIPEs)

Active

**Business & Financial Services**

Provider of Investment Management and Advisory Services

The Townsend Group is a leading provider of global real estate and real asset investment advisory services and offers complementary investment management, advisory and capital solutions via primary funds, secondaries, co-investments and direct investments. The Townsend Group serves global public and private pension plans, insurers, sovereign wealth funds, endowments and foundations.

Realized

**Industrials**

Manufacturer of Electrical Power Distribution Equipment

Electrical Equipment Company is a manufacturer of custom-engineered electrical power distribution equipment and other specialty products for a diverse set of end markets including data centers, utilities, and hospitals.

Active

Business & Financial Services

Provider of Revenue Management Cycle Services

RCM Company is a provider of revenue cycle management services to independent physician practices throughout the United States.

Active

Business & Financial Services

Provider of Marketing, Merchandising and Sales Services

Portfolio of Business Services Companies is a holding company of businesses that provide a variety of marketing, consulting, retail merchandising and outsourced sales services to customers throughout the United States.

Active

Business & Financial Services

Provider of Consumer Loans and Banking Services

Financial Services Company provides consumer loan and banking services to consumers throughout the United States. The company’s services include installment loans, prepaid debit cards, check cashing, wire transfers and auto insurance.