Investment Criteria
Target Investment Profile
- Dedicated Management Teams
- Revenues > $10mm
- 3 year cumulative cash flow > $5mm
- Industry Agnostic
- North American Borrowers
Funding Purpose
- Acquisition Financing
- Growth Capital
- Distressed/Restructuring
- Change of Control
- Recapitalizations
Deal Structure
- Amount
- $2MM - $10MM
- Type
- Unitranche, 2nd Mezz
- Term
- Up to 6-year term loan
- Interest
- High yielding, floating/fixed
- Structure
- Well Secured (hard assets & enterprise value)
- Equity
- Warrants (unsponsored)
Investment Process
Lassen utilizes a Disciplined Asset Selection Process to identify Management Teams & Differentiated Products & Services.