Alcentra Capital Corporation

What is Alcentra Capital Corporation?

Alcentra Capital Corporation, operating under the name Assurance Mezzanine Fund, is a private equity fund that specializes in providing customized growth solutions to profitable, lower-middle-market companies across a broad range of industries, specifically excluding real estate and oil and gas exploration sectors.

The firm is headquartered in Orlando, Florida, and prides itself on a portfolio of services including Equity and Mezzanine investments. Alcentra aims to support businesses through various transformative phases, such as expansion, management buyouts (MBO/LBO), acquisitions, recapitalizations, and corporate divestitures.

With investment criteria targeting experienced management teams, operational maturity, and established profitability, Assurance Mezzanine seeks companies with an EBITDA of $1 to $10 million and offers financing ranging from $3 to $20 million, with the capability to syndicate larger transactions.

The fund strategizes on investments that may include growth capital, acquisition financing, management buyouts, transactions that provide shareholder liquidity, corporate divestitures, non-sponsored and sponsored-led transactions.

Their financing structure is aligned with their specialties, offering mezzanine debt or preferred equity investments with terms that generally begin interest-only, followed by a flexible amortization schedule, and anticipate a holding period of 3 to 5 years. Alcentra commits to responding to financing requests promptly and, if not aligned with their criteria, endeavors to refer prospects to suitable alternative capital sources.