Page 97 - TACC 2025 Program

Northcreek Mezzanine is a Cincinnati, OH based SBIC formed primarily to originate mezzanine debt and
equity investments for dynamic lower middle-market companies across a wide variety of industries.
Investment Strategy and Philosophy

Northcreek is currently investing out of Fund IV, a 2024 vintage-year fund. Our investment strategy focuses on originating and making
mezzanine debt and equity investments in both sponsored and non-sponsored lower middle-market companies across the U.S. Northcreek
is a proven and reliable financial partner having invested in 80+ companies since its founding in 2010. Northcreek is fully committed to
partnering with financial sponsors, independent sponsors, search fund sponsors and directly with private companies to provide highly
customized financial solutions.

Northcreek professionals have deep expertise in the credit markets having invested in hundreds of lower middle market companies
throughout their careers providing senior, mezzanine debt and equity. Our strength lies in the experience of our investment team and our
flexibility to provide highly customized financial solutions. Our competitive edge is our track record of working closely with our partners
to execute and close transactions quickly and efficiently and our reputation for being quick to action, fair, thoughtful, interested, and patient
throughout the underwriting and investment period.
Investment Criteria

Generally, non-control mezzanine debt and equity co-investments in the United States that fit the following parameters:
• Revenue: At least $5.0 Million • Purpose: Acquisitions, Growth, Recapitalizations,
• EBITDA: At least $1.0 Million Refinancings, Market/Product Expansion
• Industries: No industry focus or bias • Company Characteristics: Strong management, diversified
• Investment Size: $1.0 - $12.0 Million (Avg. $7.0MM) revenues, history of profitability, acquisition or organic
• Time to Maturity: 3 – 5 Years growth opportunities
Investment Professionals

Rodger Davis Barry Peterson Adam Gates Tom Baker
Managing Director Managing Director Partner Senior Vice President
C: 513-520-4930 C: 513-703-1551 C: 513-225-1430 C: 513-403-9995
[email protected] [email protected] [email protected] [email protected]

Ken Mai, CPA Brian Baird Nic Ruscello Brendan O’Brien, CPA
Vice President Finance Vice President Vice President Associate
C: 513-518-1186 C: 513-218-6880 C: 937-902-5732 C: 513-520-0407
[email protected] [email protected] [email protected] [email protected]

7755 Montgomery Road, Suite 310 ∙ Cincinnati, Ohio 45236
Main (513) 403-9995 ∙ Fax (513) 985-6603 ∙ www.northcreekmezzanine.com