ValorBridge Partners' “Extending the Drive" Non-Control Equity Program
Mazzone & Associates is assisting ValorBridge Partners (“ValorBridge”), an investment holding company, in identifying opportunities to provide business owners with a new source of streamlined non-control equity capital in its “Extending the Drive” Program. The objective is to allow companies to sustain operations and capitalize on interesting growth opportunities which may exist despite the recent market disruption. As Vince Lombardi once said, “People who work together will win, whether it be against complex football defenses, or the problems of modern society.”
For over 20 years, ValorBridge has been providing capital to business owners. The “Extending the Drive” Program targets non-control equity investments between $3 million and $15 million. The proceeds can be used to refinance existing indebtedness as well as provide funding for working capital, growth opportunities or capital expenditures to support existing operations.
“Extending the Drive” Key Terms*
First Down: Targeted closing in 25 days
Second Down: Borrower may repurchase after 25 months at fair market value
Third Down: Convertible into up to 25% of the common equity depending on the company’s valuation
Fourth Down: Deployment of needed funds out of a $100 million pool allocated for the Program
*Other terms to include: Structured as minority preferred equity with dividends (six months PIK-only, then 50% cash, 50% PIK) to allow companies time to manage through the pandemic.
We promise a quick response, an efficient diligence process and, most importantly, a committed partner for you or your clients. ValorBridge is investing using private capital funded by its operating companies like ApolloMD, Crown Asset Management and Guardian Fueling Technologies, which ValorBridge has helped grow for decades. Therefore, there are no limited partners (LPs), debt providers nor other outside stakeholders that need to approve the deployment of capital. ValorBridge stands behind what it says and seeks to leave its businesses on stronger footing when it is time to exit.
ValorBridge believes in leaning into growth, even amidst uncertainty like the current pandemic. An investment now from ValorBridge Partners would provide the added benefit of future financing capability for any potential business needs.
Investment Criteria
Headquartered in U.S.
Industries of Interest:
Business Services
Industrial Services
Niche Manufacturing
Value-added Distribution and Logistics
Industries of No Interest:
Restaurants/Hospitality
Real Estate
Consumer Products
Healthcare Services with Reimbursement Risk
Preference for family-owned or entrepreneur-led businesses with barriers to entry
Please contact us if you are or become aware of any situations where ValorBridge’s capital may help.