Seacoast Capital Partners

Seacoast Capital is a private investment firm that makes non-control investments. Unlike most private equity funds, we don’t buy companies. Rather, we provide debt and equity capital to management teams looking to grow, not exit their business. Investment Criteria Most of the situations that we consider have a junior capital need in the $5-$30MM range. For companies with larger funding needs, we have a network of investors in our investment vehicles, which include national banks, insurance companies, family offices, foundations, and high-net-worth individuals that are interested in co-investing alongside us in opportunities that we lead. Although we are flexible in our investment approach and can view the right opportunity through a more creative lens, the companies that we partner with generally meet the following financial criteria: ▪ Revenues greater than $10MM ▪ EBITDA greater than $2MM ▪ Pro forma leverage through Seacoast’s capital ≤ 4.0x ▪ Ability to service blended current yield on Seacoast’s invested capital of ≥ 8% A typical investment for us involves some combination of subordinated debt, preferred equity and/or common equity with a 5-7 year maturity. In the vast majority of our investments, our securities are recapitalized out at maturity based on a negotiated value, although in certain situations we will exit with management through a sale or IPO. Given that we have offices in both Boston and San Francisco, we have the ability and desire to make investments located anywhere in the U.S. As a member of the Small Business Investment Company (SBIC) program, our partner companies must have at least 50% of assets and employees domiciled in the U.S. (or U.S. territories) at the close of the transaction.