Page 84 - TACC 2025 Program

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Duke provides a hybrid credit solution with debt and equity-like features to lower middle market
companies. We back MBOs, buy and build strategies, shareholder restructurings and debt
refinancings, while allowing owners and management teams to retain equity control of their
business.

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• Industrials
• Long-standing private, family / owner-
operated businesses • Manufacturing

• $2m-$10m of EBITDA • Distribution
• Business Services
• Investment size of $7m-$35m
• Healthcare
• Strong management team
• Technology

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• Secured debt instrument (but will sit behind a standard working capital facility)

• 30-year term

• 13.5%-14.0% initial cash yield (including principal and interest)

• Exit fee of 15%-30%

• Max 10% equity stake on US deals

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P Prriinncciippaall P Prriinncciippaall A Assssoocciiaattee 47/48 Piccadilly 4 King Street W.
1st Floor Suite 401
Mobile: (647) 846-7764 Mobile: (647) 224-6444 Mobile: (647) 846-7762 London, U.K. Toronto, Ontario
Email: [email protected] Email: [email protected] Email: [email protected] W1J 0DT M5H 1B6

Duke Capital Limited: Fourth Floor, Plaza House, Admiral Park, St Peter Port, Guernsey, GY1 2HU. Duke Capital Limited is registered with the
Guernsey Financial Services Commission as a Non-Regulated Financial Services Business to carry out Lending
www.dukecapital.com