CRESTLINE DIRECT LENDING 

 

Crestline provides flexible senior debt capital solutions to lower-middle and middle market businesses.

 

We seek senior secured, unitranche and second lien opportunities ranging from $20mm - $100mm.

 

 

Please Contact our Team

 

For inquiries related to potential credit and opportunistic investment opportunities, please contact Marc Strauss at 917-208-4025 / mstrauss@crestlineinc.com, or Jake Friemel at 817-339-7383 / jfriemel@crestlineinc.com

 

 

INVESTMENT PARAMETERS

***

FACILITY SIZE

  • $20mm - $100mm

 

GEOGRAPHY

  • North America

  • Western Europe
STRUCTURES

  • 1st Lien / Unitranche

  • 2nd Lien

  • Equity Co-Invest (Non-Control)
TRANSACTIONS

  • Acquisition Financing

  • Growth Capital

  • Leveraged Buyouts

  • Refinancing

  • Recapitalization

  • Secondary Purchases

 

 

TYPES OF INVESTMENTS

 

 
RECURRING REVENUE

 

MULTI-SITE /
DISCRETE POOLS OF VALUE
ASSET PROTECTION

 

 

 

DESCRIPTION

 

  • Recurring or multi-year contractual revenue

  • High retention rates

  • Mission critical attributes create high switching costs

  • Businesses with 10+ locations, each with its own cash flow stream

  • Businesses with separable pools of value

  • Non-consumer or fashion

  • Single asset or portfolio of assets

  • Preferably cash yielding

  • Niche opportunities

 

 

 

 

 

INDUSTRY EXAMPLES

 

  • Alarm Monitoring

  • Data Centers

  • Financial Technology / Payment Processing

  • Healthcare IT

  • Industrial / Facilities Maintenance

  • Software

  • Tech-Enabled Services

  • Waste Management

  • Education

  • Healthcare Services

  • Traditional Media

  • Specialty Finance

    • Leasing

    • Factoring

    • Small Business / Consumer

  • Real Estate

  • Energy

 

 

 

REPRESENTATIVE CLOSED TRANSACTIONS

***

 

$100,000,000

 

Personal Emergency
Response Systems Provider

 

Senior Secured
Credit Facility

 

Refinancing &
Acquisition Capital

 

Jun 2021

 
***

 

$87,000,000

 

Digital Marketing
Services Provider

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Jun 2021

 
***

 

$84,500,000

 

Outdoor Advertising Company

 

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

May 2021

 

***

 

$100,000,000

 

Ed-Tech
Content Creator

 

Senior Secured
Credit Facility

 

Refinancing &
Acquisition Capital

 

May 2021

 
***

 

$40,000,000

 

Vertically Integrated, Solid
Waste Management Provider

 

Senior Secured
Credit Facility

 

Acquisition &
Growth Capital

 

May 2021

 
***

 

$7,000,000

 

Identity Proofing &
Verification Software Provider

 

Senior Secured
Credit Facility

 

Acquisition Financing

 

 

Apr 2021

 

***

 

$75,000,000

 

Vertically Focused
eCommerce & ERP
Software Provider

 

Senior Secured
Credit Facility

 

Acquisition &
Growth Capital

 

Mar/Feb 2021

 
***

 

$30,000,000

 

Debt Management Financial
Service Solutions Provider

 

 

Senior Secured
Credit Facility

 

 

Refinancing Capital

 

Mar 2021

 
***

 

€45,000,000

 

Global Integrated
Payments Facilitator

 

 

Senior Secured
Credit Facility

 

Refinancing &
Growth Capital

 

Mar 2021

 

***

 

Undisclosed

 

Provider of Asset
Finance Technology

 

 

Senior Secured
Credit Facility

 

 

Acquisition Financing

 

Feb 2021

 
***

 

$25,000,000

 

Liquid Waste Collection,
Processing and Disposal
Services Provider

 

Senior Secured
Credit Facility

 

Acquisition &
Growth Capital

 

Dec 2020

 
***

 

$75,000,000

 

Pediatric and Orthodontic
Dental Service Organization

 

 

Senior Secured
Credit Facility

 

 

Refinancing Capital

 

Dec 2020

 

***

 

$44,000,000

 

Security Alarm Company

 

 

Senior Secured
Credit Facility

 

Refinancing &
Growth Capital

 

Dec 2020

 
***

 

$76,000,000

 

Dental Service Organization

 

 

Senior Secured
Credit Facility

 

Acquisition &
Growth Capital

 

Dec 2020

 
***

 

$28,000,000

 

Outdoor Billboard Inventory
Owner and Operator

 

Senior Secured
Credit Facility

 

 

Refinancing Capital

 

Dec 2020