Capital Raising

Harpeth Capital raises capital for companies at all stages of growth and at all levels of capital structure in a variety of situations, including capital to:

• Facilitate acquisitions
• Fund growth (expansions, new product lines, new businesses, new contracts, etc.)
• Recapitalizations (full or partial shareholder liquidity, inter-generational ownership transfers, etc.)
• Refinancings (refinance expensive and/or restrictive capital with less expensive and/or less restrictive capital)
• Undertake a management buyout (for management teams seeking to acquire a company, a division or a business)

Our success is based on (i) our expert knowledge of the capital markets, investors and lenders, (ii) our expertise in structuring transactions, and (iii) our long-standing relationships with many capital sources.

Capital raising transactions are complex, time consuming and can place significant demands on management. We shoulder the responsibility of the entire process from the initial strategic and financial review to a successful close. We target the appropriate institutional investor universe for our clients and interact with all parties in parallel. Our transaction process is carefully orchestrated to (i) appropriately "package" the company or opportunity, (ii) create and maintain a competitive environment, (iii) minimize demands on management, (iv) assist management in effectively negotiating with the investor(s), and (v) ultimately secure the capital that best fits our client's needs and objectives.

We provide our clients with objective advice and guidance, resulting in realistic expectations for terms and deal timing. Our constant interaction with capital providers allows us to communicate and negotiate effectively in order to garner the best possible deal.

The types of capital we raise include the following:

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Private Equity

We raise private equity primarily for companies in the more mature stages of their development. We tend to raise private capital ranging from $5 million to over $50 million although we will consider smaller capital raises or for earlier stages on a case-by-case basis.

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Subordinated Debt (Mezzanine Capital)

We raise subordinated debt (mezzanine capital) for companies that have at least $2 million in annual cash flow and/or are acquiring companies or business lines that post-combination will have over $2 million of annual cash flow.

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Senior Debt

We raise senior debt for companies that have consistent and stable cash flow or have significant assets, including accounts receivable, inventory, property, equipment, etc. We arrange secured and unsecured credit facilities, term loans and bridge loans from a variety of lenders, including banks, specialty finance companies and hedge funds. Our minimum capital raise for senior debt is $8 million.

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PIPEs (Private Investment in Public Equity)

PIPEs have gained in popularity among public companies, particularly for small and mid-size public companies that have found the public markets more difficult to access than their larger peers. We assist our clients in raising capital via PIPEs, including managing the process, arranging the financing and assisting with due diligence, information dissemination and negotiating the terms of the investment.

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For a list of selected completed capital raising transactions, click here.