Backcast Partners

What is Backcast Partners?

Backcast Partners is a private investment firm that specializes in providing debt and non-control equity financing to middle market companies across a broad range of industries. With a focus on businesses located primarily in North America, they offer a flexible capital solution to different ownership types, including independent sponsors, funded private equity sponsors, and management-owned or non-sponsored companies. Their target investment size ranges from $15 million to $150 million, primarily targeting companies with an EBITDA between $7 million and $50 million.

Backcast Partners is dedicated to a partnership approach, which they refer to as 'backcasting'. This process involves working backwards from a company's future goals to understand what is needed today to achieve those future milestones.

The firm supports transaction types such as buyouts or acquisitions, recapitalizations, growth capital, carve-outs, buy-and-build strategies, and refinancings. To accommodate varied capital structure needs, they are capable of providing senior and junior secured debt, unitranche, mezzanine capital, preferred equity, and non-control equity.

Backcast Partners positions themselves not just as lenders, but as value-additive partners with a differentiated approach to middle market investing. Their team is comprised of highly-experienced professionals who collaborate with companies to identify and implement the necessary financial and human capital resources to drive growth and achieve success.

The firm operates out of offices in New York City, Millburn, New Jersey, and Los Angeles and is involved in various community support activities, reflecting their commitment to broader societal goals alongside their financial investments.

What they say:

We invest in companies to help them achieve their strategic objectives.