We assist middle-market and emerging growth companies in accessing the dynamic private capital markets for equity and debt financing. Over the years, these markets have grown to encompass thousands of capital providers of varying quality and reputation. Growing middle market companies have numerous options to consider when evaluating how to grow their business. Two of the most important are finding value-added partners to invest in the company and executing a transaction at the appropriate valuation.
We represent clients as an agent in raising capital from institutional investors. The types of capital raising transactions we look for include venture capital for emerging growth companies, growth capital for more established companies, and leveraged acquisitions and recapitalizations for growth-oriented companies with strong cash flows.
Our focus has been on capital needs greater than $10 million per transaction and we have raised more than $2 billion of private capital for our clients. Through this experience, we have formed relationships with hundreds of capital providers across the country who invest across industries and stages of a company’s lifecycle. While every capital raise introduces new relationships, we have built a broad network of contacts with reputable venture capital firms, capital raising groups, mezzanine funds, and senior lenders, many of whom view Croft & Bender as a proprietary source of deal flow for quality middle-market opportunities in the Southeast.
Since the market requires that a company represent a significant growth opportunity combined with a highly qualified management team, we are highly selective regarding our capital raising clients. We typically work with established companies, but we will assist companies at an earlier stage of development that have exceptional growth potential. In arranging a capital raising transaction, we assist our clients by:
- Determining the amount and type of capital to be raised
- Establishing an initial valuation range
- Establishing proposed terms of the financing
- Preparing the offering memorandum and detailed financial model
- Utilizing our extensive network to contact private capital sources
- Negotiating final terms of the financing
In addition, our capital raising fund (C&B Capital, L.P.) is well positioned to participate as a co-investor in selected transactions. By helping companies through the capital raising process, we form relationships that continue as the company grows.