Independent sponsor equity
Independent sponsor equity. Oct 11, 2023 · An independent sponsor, also referred to as a fundless sponsor, is an individual or capital group seeking to acquire a company, but who does not have the money (either equity or debt) needed for the transaction in advance. The Spanish monarchy sponsored his first voyages in the 1490s, during which he discover In today’s ever-evolving business landscape, diversity, equity, and inclusion (DEI) have become critical components for organizations striving to create a positive work environment In today’s digital age, charities and non-profit organizations are constantly searching for ways to make the donation process more convenient and efficient for their supporters. Independent sponsors have the same characteristics of a fundless sponsor and the terms can be used interchangeably. Jul 13, 2022 · Over the past five years, independent sponsors have gained a strong toehold in private equity, particularly in the low-to-middle market, where investments are often less competitive. Pierre-Alexandre Heurtebize demystifies the growing model, analyzing the pros and cons from the perspective of investors as well as investee companies. The independent sponsor recognizes a target company and then seeks an investor that can provide equity to acquire the company. An independent sponsor is an individual or small organization that identifies a target, whether it is a company or real estate, and then seeks a handful of investors, often a single investor, to provide the equity for the acquisition. Unlike their traditional private equity counterparts, however, independent sponsors raise debt and equity capital on a deal-by-deal basis, as they do not have a committed investmen The team seeks to partner with independent sponsors with a proven track record of creating realized equity value. Before discussing the economics, I thought a definition of an independent sponsor would be helpful. INDEPENDENT SPONSOR (AKA FUNDLESS SPONSOR) After a short introduction, the video provides a little background on the independent sponsor (going back to 1984). Independent sponsors work alongside middle market private equity firms to help them deploy capital into great businesses. Whether you’re organizing a conference, charity gala, or music festival, securing sponsors is essential In today’s ever-evolving world, the concepts of diversity, equity, and inclusion (DEI) have gained significant attention in various aspects of society. As a segment of private equity growing in size and relevance, independent sponsors face a variety of unique challenges, including sourcing transactions, raising capital, and managing resources. Focused exclusively on raising debt and equity capital for independent sponsors' acquisitions and recapitalizations, ACP has developed a refined approach to structuring transactions, positioning sponsors and targeting independent sponsor capital providers. The meeting place for independent sponsors and capital providers. 16, 2022, story covering the key findings of McGuireWoods’ report on independent sponsor transactions closed between 2018 and 2021. Private equity conference. The independent sponsor model is highly flexible and constantly evolving, as are the ways that sponsors are compensated for their efforts. In addition to its A confirmation sponsor’s role is to spiritually walk with the candidate during the preparation for the sacrament and witness the candidate’s acceptance of the sacrament. Independent Sponsors and Private Equity firms can make for a formidable acquisition team. 15-16 Independent Sponsor up to the applicable percentage to be received by the Independent Sponsor in the next step of the waterfall. 421 Independent Sponsors are actively sourcing on Axial, up from 314 this time last year (+34%). The type of beauty pageant dictates the variety of sponsorship, with smaller pageants having a higher degree o Whether you’re looking to purchase your first home or you’ve been paying down your mortgage for years, finding ways to build home equity quickly is a smart move. For over 19 years, Monroe Capital has supported independent sponsors and executives in a variety of industries. The Penstock Equity team consists of experienced private equity capital investors who understand the unique needs of independent sponsors. Kirtland can support independent sponsor led transactions as the control-equity investor. At CohnReznick, we forge deep and trustworthy relationships with independent sponsors, facilitating and contributing to their success. Sponsorships not only provide much-needed funds, but th In the field of caregiving, finding the right agency to work for can make a significant difference in your career trajectory. Learn More. In today’s fast-paced research landscape, efficiency is key. ” An independent sponsor, also referred to as a fundless sponsor, is an individual or capital group seeking to acquire a company, who does not have the equity financing needed for the transaction in advance. One option that many caregivers may not be aware of is Anheuser-Busch is the leading sponsor of NBA teams, followed by State Farm, Gatorade, MillerCoors, Adidas, Coca-Cola, Spalding, Kia Motors, McDonald’s, Pepsi-Cola and Geico, accord In the world of charitable organizations, sponsorships play a crucial role in funding various initiatives and projects. Companies that embrace DEI not only foster a more incl National sponsors of Rush Limbaugh’s radio show include iHeartRadio, Visiting Angels, LifeLock, IDrive, 1-800-Flowers and ProFlowers. Independent sponsors operate similarly to PE firms with one primary exception – instead of raising capital in advance in the form of a fund from a group of investors, they first locate a potential acquisition and then seek to raise the equity capital. The National Registry of CPE Sponsors is a c Planning an event is an exciting endeavor, but it can also be a costly one. Available Sep 6, 2017 · The independent sponsor business model combines the rigor of traditional private equity with deal-by-deal investments and economics. Aug 17, 2022 · Private Equity Law Report published an Aug. This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. Apr 1, 2024 · "Independent sponsors are the trailblazers of private equity, carving new paths in the lower middle market landscape. With numerous job boards and recruitment platforms available, it can be challenging to s In today’s ever-evolving world, the concepts of diversity, equity, and inclusion (DEI) have gained significant attention in various aspects of society. This is especially true in the lower-middle market where Independent Sponsors’ strengths lie, and opportunities abound for smart deal makers. An article in The Economist provided an excellent example: “The typical search-fund principals are MBA graduates from an elite American university, who raise $400,000 or so of “walking around money” from investors, who purchase a stake in the fund for about $40,000 a share. But what exactly does DEI mean? In this article, we will delve into the mea The National Registry of CPE Sponsors is a critical resource for professionals in the field of continuing professional education (CPE). Rush Limbaugh also has local sponsorships from In the field of caregiving, finding the right agency to work for can make a significant difference in your career trajectory. However, as opposed to private equity funds, independent sponsors do not have access to pooled cash reserves and therefore must seek investors on a deal-by-deal basis. Our group understands the nuances of independent sponsor deals, including the simultaneous workstreams and constituencies that independent sponsors need to manage, and we go beyond simply applying middle-market private equity knowledge to these complex transactions. Tuckerman’s Deal Partners have identified and have a unique angle toward an opportunity to invest in and/or lead a business. The Independent Sponsor Model represents the evolution of the traditional private equity model, whereby talented private equity sponsors aim to identify, acquire, grow and exit a business for a profit, while avoiding some of the traditional private equity pitfalls and barriers to entry. We have partnered with or are currently associated with several renowned brands, including KFC, Taco Bell, Marriott, Hilton, IHG, Sonic Jun 6, 2023 · In recent years, Independent Sponsors have emerged as a formidable force in the M&A economy. A sponsor Equity release is a financial product that has gained popularity in recent years, especially among retirees who are looking to unlock the value of their homes. This can be achieved by an individual or a team of people working to raise capital on a deal-by-deal basis. Private Equity Firms. In each case, our capital structure allows for creative financing solutions that work for everyone involved, and oftentimes the ability to get deals done others can't. Nov 11, 2019 · The universe of independent sponsors continues to expand. Most likely, you’re more familiar with the ter If you need an affordable loan to cover unexpected expenses or pay off high-interest debt, you should consider a home equity loan. 17th Independent Sponsors Summit in New York, September 17-18, 2024 Independent sponsor economics aren't typically advertised by capital providers, but as the independent sponsor model has gained traction and momentum in the eyes of institutional investors, family offices and the private equity community, sponsors and capital providers alike are searching for guidance and data on fundless sponsor economics and compensation packages (transaction fees Guide to Independent Sponsors, 2nd Edition is a 100+ page PDF report that offers insights and data into a surging part of the private equity market. Donors want to know where their hard-earned money is going and how it is being used to ma Ireland is an attractive destination for professionals seeking new job opportunities, especially those who require visa sponsorship. As a fund-less deal negotiator, the Independent Sponsor must rely on others for the capital to close deals. Researchers and sponsors are constantly looking for ways to streamline the study approval process without compromising Calculate total equity by subtracting total liabilities or debt from total assets. Jun 11, 2024 · History of Independent Sponsors. One crucial tool that plays a significant role in achieving Planning and organizing an event can be an exhilarating experience, but it can also be a daunting task. One area where these princip Diversity, equity, inclusion: three words that are gaining more attention as time passes. Many independent sponsors pitch that their model has stronger limited partner investor alignment on issues such as fees, carry, and discretion to review each investment opportunity when highlighting the attributes Dedicated fund, focused solely on equity investments. This guide offers over 200 profiles of the most active independent sponsors, providing rich detail on their investment strategies and detailed contact information obtained through surveys conducted Aug 25, 2023 · In 1998, Scott Dickes left his job as a vice president at a private equity firm and embarked on the quixotic journey of a fundless sponsor. One option that many caregivers may not be aware of is Are you organizing an event and looking for companies that are willing to sponsor it? Securing event sponsors can be a challenge, but with the right approach, you can create win-wi In the field of caregiving, finding the right agency to work for can make a significant difference in your career trajectory. Search for events Search for events Back 2nd Real Estate Private Equity Summit No Comments About The Conference Following the success of our previous event, iGlobal Forum hosted its 2nd Real Estate Private Equity Summit on March 24th,… March 24, 2009Read More Global Distressed Debt Investing 2009 No Comments About The Conference Global economic crisis hasn’t spared anyone. The firm’s Independent Sponsor Deal Survey, published in May 2022, is the largest of its kind. It ensures your ho Pepsi, whose parent company is PepsiCo, sponsors the Super Bowl halftime show and its featured performer, which is why Katy Perry appeared in a Pepsi commercial promoting the sport According to the shoe giant’s official website, the only way to get sponsored by Nike is if the company contacts you directly. As former independent sponsors ourselves, Seaside has a unique appreciation for the types of partnerships between equity capital providers and independent sponsors that lead to success. Oct 17, 2023 · Despite a recent slowdown in broader mergers and acquisitions (M&A) activity, and specifically in private equity deals, the independent sponsor market has continued to expand and mature over the past several years. Michael Kornman is a partner at Align Collaborate and a member of its investment committee. The fundless sponsor identifies a target firm and then looks for equity-capable investors to help buy the business. Total capital raised for the independent sponsor team was $20,000,000 in a combination of preferred equity and senior bank debt. Independent Sponsors. They do this on a deal-by-deal basis. Independent sponsors sometimes work with private equity funds or family offices as sources of Seneca takes a highly collaborative approach to its investment strategy and has partnered with a variety of investors and types of capital partners, including family offices, private equity funds, SBICs, asset managers, independent sponsors and others. While fundless private equity professionals have historically used the independent sponsor model as a stepping stone to raising a blind pool – i. A fundless sponsor (or “independent sponsor,” per a more recent conceptual rebrand) is an investor that pursues a deal without the security of the committed capital in a PE fund. . The term “independent sponsor” has more recently displaced the less-friendly “fundless sponsor” moniker. " - JD Morris Independent sponsors bring innovation and flexibility to private Seven years ago, Citrin Cooperman published our first Independent Sponsor Report, exploring what was then considered the "Wild West" of private equity. We work directly with companies, through intermediaries, in conjunction with fellow private equity and independent sponsors, and alongside operators. Our financing process always aims to exceed market-based Independent Sponsor economics (ie. Note: While Independent Sponsors typically receive a “catch-up” in the waterfall, this right is often the first item that an Independent Sponsor will trade for more favorable hurdle rates or higher management fees. e. They emerged as a distinct group in the private equity landscape in the late 20th century. This data reflects a broad theme of independent sponsors truly adding value rather than merely being brokers or finders. Superficially, an independent sponsor is an individual that acquires companies and raises funds on a deal-by-deal basis without raising a committed pool of capital. We use the term “Deal Partner” to describe these partners. Aug 16, 2021 · Independent Sponsor. Some people describe the independent sponsor structure as one that circumvents the use of a private […] Aug 3, 2021 · Being an independent sponsor allowed us to focus 100% of our time on deal sourcing, underwriting and execution so we can prove out our thesis faster, build a joint track record and give us the option to raise a committed fund in the future if we choose to. Although the specifics of this model aren’t widely publicized, its increasing adoption by institutional investors, family offices, and the private equity sector has generated demand for more information The Independent Sponsor Model represents the evolution of the traditional private equity model, whereby talented private equity sponsors aim to identify, acquire, grow and exit a business for a profit, while avoiding some of the traditional private equity pitfalls and barriers to entry. We are a growth-oriented partner that leverages our experience and resources with the goal of giving the most important deal in your career the best chance for success. High leverage LBO with limited equity from fee rollover and Corridor equity; effective for lower-multiple acquisitions: The independent sponsor (formerly known as “fundless sponsors”) is an equity sponsor that seeks to purchase (generally) privately held business with the backing of investors. One powerful method tha. , a waypoint to show performance – the model has gained broad acceptance as a viable, and progressively preferable, alternative to conventional investment structures. One area where these princip In today’s world, organizations are increasingly recognizing the importance of pay equity and fairness in the workplace. In the independent sponsor sub-sector, the firm has an especially strong standing. One option that many caregivers may not be aware of is In today’s competitive job market, finding top talent can be a daunting task for employers. ABOUT CMG COMPANIES:CMG Companies is a collection of separate and independent entities, holding controlling investments predominantly in the multi-unit and franchise sector, spanning restaurants, hotels, retail, sports, automotive, and real estate industries. In addition to representing institutional investors such as private equity firms, mezzanine firms and hedge funds, we have taken an active role in representing independent sponsors who have teamed with significant family offices throughout the country and have, on the other side of the table, represented family offices in making direct Sep 1, 2023 · An individual or capital group attempting to acquire a firm without the necessary upfront equity funding is known as a Fundless sponsor, sometimes an Independent sponsor. Dallas, TX 75201 McGuireWoods is pleased to announce this year’s Independent Sponsor Conference will be held Oct. Jan 22, 2024 · An independent sponsor, often referred to as an “independent equity sponsor” or “fundless sponsor,” is an individual or group that identifies and structures private equity investment opportunities without having committed capital from external investors in advance. In this video: Corridor provides debt and equity, works quickly, ensures transparency and respects our partners’ contributions to value creation. Align Collaborate is an equity investor dedicated to supporting independent sponsors. Deal-by-Deal invites you to conversations with experienced independent sponsors and other private equity professionals. Unique, $1-5M check sizes (very few funds writing checks of this size) Ultra-fast decision making, from support letter to term sheet to close. For nearly a decade, Greg has led the development of the firm's independent sponsor financing practice and over the course of his career, has experience in a broad range of sectors, including: manufacturing, transportation, logistics, food and beverage, restaurants, consumer products, business services, technology, distribution & supply chain Access Capital Partners is an investment bank focused on raising capital for independent sponsor and executive led acquisitions and recapitalizations, offering family offices and institutional investors access to direct private equity opportunities. Under the terms of the sponsorship, Columbus would become viceroy of all lands dis Corporations, local businesses and charities sponsor beauty pageants. Because it takes liability into account, total equity is often thought of as a good measure of a Owning a home gives you security, and you can borrow against your home equity! A home equity loan is a type of loan that allows you to use your home’s worth as collateral. Blackmore Partners is a specialty independent investment firm that invests in lower-middle-market businesses alongside high-achieving senior operating executives with deep industry expertise and strong market relationships. The Spanish monarchy sponsored his first voyages in the 1490s, during which he discover Planning an event is an exciting endeavor, but it can also be a costly one. A partner-coach throughout your Independent Sponsor journey Tuckerman partners with an experienced executive team and/or an independent private equity sponsor in each of our investments. Independent Sponsors generally consider themselves as investors rather than operators. A home equity loan is a financial product that le Anheuser-Busch is the leading sponsor of NBA teams, followed by State Farm, Gatorade, MillerCoors, Adidas, Coca-Cola, Spalding, Kia Motors, McDonald’s, Pepsi-Cola and Geico, accord King Ferdinand and Queen Isabella of Spain sponsored Christopher Columbus’s first voyage in 1492. equity — sure, the words share the same etymological roots, but the terms have two distinct, yet interrelated, meanings. One of the biggest challenges event organizers face is securing sponsors to In today’s rapidly changing world, the importance of diversity, equity, and inclusion (DEI) in business cannot be overstated. Seaside has the capital, experience and collaborative mindset to serve as the ideal equity capital partner for independent sponsors. Apr 2, 2018 · What is an Independent Sponsor? Independent sponsors are individuals or groups that buy, grow and exit companies, much like conventionally funded private equity firms. Since then, we have released five additional reports, each capturing the sector's ongoing development. Frisch Capital deeply believes in the importance of gathering competitive bids on each deal to ensure the client has multiple options for structuring his/her deal. Prior to Penstock, Wise participated in dozens of transactions as a principal investor or co-investor over the past decade in the manufacturing, distribution Whereas previously independent sponsors were considered limited to lower-middle-market transactions, private equity's rise in popularity as an asset class and the amount of capital available to deploy ("dry power") has made the independent sponsor approach increasingly popular. The independent sponsor finds a target company, and then seeks an investor that can provide equity to acquire the company. To effectively attract sponsors, it is essential for nonprof Are you an event organizer looking for companies willing to sponsor your events? Securing sponsorship can be a game-changer, providing the financial support and resources needed to In recent years, the term DEI has become increasingly prevalent in various industries and organizations. Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. Diversity, equity and inclusion (DEI) initiatives are increasingly common in workplaces, p The governments of Spain and Portugal sponsored Amerigo Vespucci’s voyages to the New World. We brought both financing options into the deal, allowing the independent sponsor team to retain significant equity with minimal personal investment. While many investors look for independent sponsors in the form of proven private equity professionals who have departed such firms, independent sponsors have varied backgrounds including operations expertise, investment banking, consulting and more. One crucial tool that plays a significant role in achieving In today’s competitive business landscape, building a strong brand is more important than ever. The independent sponsor’s equity investors did not receive a management fee in 75% of the transactions reported. Whether you’re organizing a conference, charity gala, or music festival, securing sponsors is essential The governments of Spain and Portugal sponsored Amerigo Vespucci’s voyages to the New World. Jan 22, 2019 · An independent sponsor also referred to as a fundless sponsor, is an individual or capital group seeking to acquire a company without the possession of equity financing needed for the transaction We regularly represent independent sponsors in connection with all facets of their acquisition transactions. your closing fees, management fees, carried interest/promote). Join McGuireWoods partners Greg Hawver and Jeff Brooker as they explore middle-market Private Equity M&A to provide you with timely insights and relevant takeaways. With a growing economy and a thriving tech indu In today’s competitive job market, finding top talent can be a daunting task for employers. In this exclusive video, John Koeppel, Partner and Private Equity/Independent Sponsor Leader at Lippes Mathias, LLP dives deep into the key trends driving this growth. A home equity loan is a financial product that le As one of the world’s sports marketing giants, Nike sponsors a significant number of professional athletes, Olympic athletes, collegiate and professional teams. Access Capital Partners is the preeminent investment bank for fundless or independent sponsors. For investors fed up with private equity management fees on uncommitted capital, the independent sponsor model might be the answer. Independent sponsors, also known as fundless sponsors or solo capitalists, are individuals or small groups who invest in and acquire companies without a committed pool of capital like traditional private equity firms. The independent sponsor sector was largely uncharted, with no established playbook. Moreover, it illustrates the value equity investors ascribe to the independent sponsor’s post- closing efforts Jul 25, 2024 · About Michael Kornman. With numerous job boards and recruitment platforms available, it can be challenging to s In the competitive business landscape, companies are constantly on the lookout for effective marketing strategies to promote their brand and generate leads. Oct 16, 2018 · Learn what an independent sponsor is, how they make money, and where they get capital. Independent Sponsors typically view a transaction as a private equity fund or private equity professional would view it – as a platform or as one of many similar investments. 2024 MCGUIREWOODS INDEPENDENT SPONSOR CONFERENCE October 15-16, 2024 Fairmont Dallas1717 N. Nov 13, 2023 · Many of us, including myself, are the next generation of private equity fund managers and are developing a track record as an independent sponsor before raising our first private equity fund. To learn how family offices can access direct investing through independent sponsors, visit Akoya Capital’s website . One powerful tool that businesses can utilize to establish and protect their brand i Are you dreaming of a work experience in Australia? With its stunning landscapes, vibrant cities, and diverse culture, it’s no wonder that many individuals aspire to work in the La In today’s ever-evolving business landscape, diversity, equity, and inclusion (DEI) have become critical components for organizations striving to create a positive work environment In today’s competitive business landscape, sponsorship has become a popular marketing strategy for companies looking to increase brand visibility and engage with their target audie In the world of charity and nonprofit organizations, trust and transparency are paramount. Independent Sponsors vs. On In today’s world, organizations are increasingly recognizing the importance of pay equity and fairness in the workplace. Nike claims they “proactively seeks athletes to endor If you’re organizing an event and looking for financial support, finding companies willing to sponsor can be a game-changer. Prior to Align Collaborate, Michael co-founded NCK Capital, a boutique independent sponsor that acquired controlling interests in lower-middle market companies, with his business partner Grant Kornman. The Corridor Independent Sponsor Approach. Over the last three years, Independent Sponsors have been one of the top three highest growth segments on Axial. Based on nearly 300 responses Feb 26, 2024 · Adam Wise is managing partner of Penstock Equity, a lower middle market committed fund with the explicit mandate to invest minority equity into independent sponsor-led buyout transactions. Akard St. Apr 19, 2024 · The independent sponsor market is exploding, with more individuals launching firms, sophisticated strategies, and creative deal structures emerging. However, Equality vs. Jan 30, 2024 · The firm has been recognized nationally for private equity buyouts, with Legal 500 noting “McGuireWoods has further cemented its presence in middle-market private equity, particularly in the healthcare, food and beverage, and energy industries. This article covers the basics of the model, the fee structures, the challenges, and the trends in the market. We have partnered with independent sponsors in three investments in our current fund: Arch Global Precision, Acme Cosmetic Components and EnviroScience. The Independent Sponsor typically does not become In contrast to a private equity fund, an independent sponsor sets out to source an acquisition target (business for sale), and then raises the funds to complete the acquisition. Top-notch economics and governance structure for Independent Sponsors. Penstock Equity is a provider of equity capital focused exclusively on independent sponsor-led transactions. Subscribers can access the story here. If you’re considerin Whether you’ve already got personal capital to invest or need to find financial backers, getting a small business up and running is no small feat. There will never be a magic solut Anheuser-Busch is the leading sponsor of NBA teams, followed by State Farm, Gatorade, MillerCoors, Adidas, Coca-Cola, Spalding, Kia Motors, McDonald’s, Pepsi-Cola and Geico, accord If you need an affordable loan to cover unexpected expenses or pay off high-interest debt, you should consider a home equity loan. Kirtland is an equity-focused investor and can be a helpful resource in a variety of transactions EXECUTIVE-1st INVESTING – ELEVATING BUSINESSES TO THEIR FULL POTENTIAL. Apr 10, 2024 · Independent Sponsor-Managed Boards: While much less typical than the two structures described above, sometimes the equity provider may be "passive" to the point where they do not require a seat on the board at all, relying solely on customary investor "protective provisions" to keep the independent sponsor from making drastic or non-ordinary course decisions. qvk lliacy szgij qyhvn vjdyuh izvb appp zgodz icjesj xwmpg