Leveraged Finance
Opportunity doesn’t wait. We can help you seize it.
Associated Bank Leveraged Finance Group, based in Chicago, provides first lien, senior secured debt capital to private equity firms and other financial sponsors in support of leveraged buyouts, recapitalizations, add-on acquisitions and other leveraged transactions involving lower middle market businesses. We currently manage more than $500 million in aggregate commitments across a wide range of industries.
Additionally, the group facilitates the bank’s equity investments in limited partnerships that are licensed by the SBA as Small Business Investment Companies (“SBICs”) and meet the bank’s investment parameters.
A typical borrower profile and deals
We help our clients address a variety of their financing needs. Some common scenarios include:
- Lower middle-market businesses, generally with revenues of $20 million–$200 million
- Midwest-based sponsor or target company
- Change of control transactions
- Defensible market/competitive positions
- Consistent history of profitability and sustainable margins
- Senior debt commitment of $10 million–$25 million+
- Leverage levels, covenant structures and pricing that will be market-competitive, with additional flexibility often provided to approved sponsors
Our products and services
We offer a diverse selection of products and an experienced team to help meet and finance your company’s goals:
- Term loans, lines of credit, delayed draw term loans, CapEx and equipment financing, and ABL-like structures, typically in conjunction with new platform investments
- Treasury management, depository and payment products and services
- Capital call lines of credit
- Interest rate derivatives and foreign exchange services
- SBIC fund investments
- Relationship-driven advisory approach
Contact us to learn how we can help support your business growth goals.
Reach out to our finance specialists today.
Craig Thessin
Head of Leveraged Finance
Craig.Thessin@AssociatedBank.com
312-544-4508
Loan products are offered by Associated Bank, N.A., and are subject to credit approval and involve interest and other costs. Please ask about details on fees and terms and conditions of these products. Comprehensive and collision insurance coverage, if applicable, will be required on collateral. (1308)
