Mezzanine Fund

About

Tecum Capital Partners II is a $265 million SBIC fund that focuses on making mezzanine debt, minority equity, and opportunistic control equity investments. We are currently investing out of Fund II (2017 vintage), which represents a continuation in strategy and focus of it’s predecessor fund, Fund I (2013 vintage). Fund I, which operated under the namesake FNB Capital Partners, successfully deployed over $175 million in 25 companies. Prior to Fund I, Tecum’s founding partners invested over $60 million in capital as a subsidiary of publicly traded bank. Combined, Tecum has completed over 50 mezzanine debt & minority equity transactions.

Tecum has strong relationships with senior banks, many of which also serve as Limited Partners in Fund I and Fund II. We are able to leverage these relationships to facilitate a seamless “one-stop” solution for the entire debt portion of the capital structure when appropriate.

Tecum Capital SBIC Fact Sheet
  • Investment sizes range from $5-20 million, but we have the ability to provide larger investments by sourcing additional capital from our network of co-investment partners.
  • Investments are made in the form of mezzanine debt and minority equity co-investments.
  • Acquisition Financing
  • Corporate Divestitures
  • Family Wealth Transfers
  • Growth Capital
  • Leverage Buyouts (LBOs)
  • Management Buyouts (MBOs)
  • Minority Recapitalizations
  • Minimum revenue of 8MM
  • Greater than $2 million of EBITDA
  • EBITDA margins of at least 10%
  • Historical profitability or growth
  • Stable and/or growing markets
  • Geography: Primary operations in the United States
  • Experienced management team
  • Strong market position
  • No start-ups or project financing
  • No real estate ventures
  • Building Products
  • Business Services
  • Consumer-Oriented
  • Healthcare Services
  • Industrial Services
  • Precision Machining
  • Transportation & Logistics
  • Value-Added Distribution