Page 151 - TACC 2023 Program

Leading Investor in the Lower-Middle Market

Firm Overview

• $11.5 billion of capital under management; permanent capital, no “fund cycles”
• Invested $15.8 billion since the beginning of 2003

• Can invest $10 million to $100+ million per transaction
• All industries and sectors considered; business and situation complexity welcome

• Customized capital solutions to meet specific business needs and purposes
• Experienced and responsive team of approximately 120 professionals
• In business since 1988 (Prospect and its predecessors); family-focused approach

• New York City corporate headquarters with a national presence

Investment Types Use of Proceeds

• Term Loans (1L, 2L, unitranche) • Control Buyouts
• Control and Non-Control Equity • Non-Control Recapitalizations and Refinancings

Investment Criteria

• Target / Borrower Revenue $10 million to $500 million

• EBITDA $2 million to $50+ million

• History of strong cash flow generation

• Strong, complete management team

Historical industries of focus:

• Business Services • Food & Beverage • Media & Communications
• Business Supplies • Healthcare • Professional Services

• Distribution • Hotels, Restaurants & Leisure • Pharmaceuticals
• Consumer Finance • Industrial • Real Estate

• Consumer Products • Internet, IT & Software • Textiles, Apparel & Luxury Goods
• Consumer Services • Manufacturing • Transportation & Logistics

Chris Wang [email protected]
Vice President, Originations
Prospect Capital Management, LP www.prospectcap.com
Office: (646) 536-9874 | Mobile: (469) 435-0381 10 East 40 Street, 42 Floor, New York, NY 10016
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