Welcome to the March issue of ACM Capital Partners’ Value Line newsletter. In this issue, we have detailed the launch of two new engagements and discuss our plans for ACM Capital Fund II which should be closed by the second quarter.
ACM ENGAGED BY RAPIDLY GROWING DIGITAL MARKETER; SEEKS $8 MILLION IN SENIOR DEBT
The firm has been retained by a successful and rapidly growing $23M digital marketing company headquartered in Florida. This family founded business has grown organically to date through the reinvestment of its earnings over the last several years. While it has remained debt free to this point, the owners realize the need to raise debt capital. The need for the senior debt is to complete an add-on acquisition and to expand their growing network to the Asian and European markets.
“This engagement underscores our firm’s value added services”, said Jim Martin, Managing Partner of ACM Capital Partners. The client asked ACM to take over the debt raise so that they could focus on growing the business. “I envision a very smooth process as this is a very successful company whose client base is well represented within the Fortune 500” said Martin.
ACM ENGAGED BY NURSERY TO RESTRUCTURE $15M IN DEBT
The firm announced a new engagement to assist an events company based in Arizona with restructuring its debt and raising additional debt for its capital expansion. This assignment is a very common one for the firm as we step in, assess the client’s financing needs, review and test their financials and projections and lead a financing process.
“We have refinanced over $1.2 billion in debt since 2008, and we have reached all areas of the country in the process” said Martin. “Our track record includes financing in the lower and middle markets stretching across myriad of industries and disciplines.”
ACM CAPITAL FUND I OBTAINS WAREHOUSING LINE;TEES UP FUND II
The firm announced that its affiliate, ACM Capital Fund I has closed on a new warehousing line with Apollo Bank in South Florida. This facility provides the Fund with additional capital to deploy in existing clients of ACM Capital Partners. Since its inception in 2012, the Fund has provided capital to ten ACM clients. Five have been repaid and five loans remain current. “This is a complimentary piece to our practice and has enabled us to assist our clients with bridge financing”, said Jim Martin. “It has been very successful for all parties especially our investors, and has led to the present raise for Fund II which we expect to close by late June”, said Martin..
