Salem Investment Partners

Salem Investment Partners is an investment firm with over $200 million under management. We specialize in debt and equity investments in privately-held, middle market businesses. We seek to develop a balanced portfolio of investments that meets our return and diversification objectives across multiple business cycles. Investment Criteria Investment Size: $2 - $10 million per portfolio company Company Characteristics: Minimum Revenue: $10 million Minimum EBITDA: $1 million Sustainable free cash flow Proven management team with at-risk capital Diversified customers, markets and suppliers Investment Structures: Coupon-only, fixed rate, subordinated debt Subordinated debt with nominally priced warrants Minority equity co-investments Geographic Focus: Southeast and Mid-Atlantic US Transaction Types: Private equity sponsored buyouts Management and family-driven ownership transitions Acquisitions Recapitalizations Growth capital Industry Focus: Business services Light manufacturing Healthcare services Consumer products Wholesale distribution Recurring revenue business models