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Investment Strategy > Investment Portfolio
GMB Mezzanine Capital (Fund I) invested $205 million in 29 portfolio companies over the period 2005 through 2010. The investment portfolio is well-diversified by industries (14 service providers, 10 niche manufacturers / fabricators, 5 value-added distributors), by transaction sponsors, (17 transactions backed by private equity funds with committed capital, 4 by pledge funds, 2 by search funds, 3 by unfunded sponsors, and 3 by owner-managers), and by geographic location of operating units. Investment size ranged from $3.0 million to $13.5 million, averaging $7.0 million. Transaction purposes include buyouts, refinancings, recapitalizations, and acquisitions by private equity sponsor portfolio companies.
GMB Mezzanine Capital II (Fund II) closed its first investments in December 2010:
GMB Mezzanine Capital II (Fund II) made an additional investment in April 2011:
GMB Mezzanine Capital II (Fund II) made two investments in July 2011:
GMB Mezzanine Capital II (Fund II) made an investment in August 2011:
GMB Mezzanine Capital (Fund I) invested $205 million in 29 portfolio companies over the period 2005 through 2010. The investment portfolio is well-diversified by industries (14 service providers, 10 niche manufacturers / fabricators, 5 value-added distributors), by transaction sponsors, (17 transactions backed by private equity funds with committed capital, 4 by pledge funds, 2 by search funds, 3 by unfunded sponsors, and 3 by owner-managers), and by geographic location of operating units. Investment size ranged from $3.0 million to $13.5 million, averaging $7.0 million. Transaction purposes include buyouts, refinancings, recapitalizations, and acquisitions by private equity sponsor portfolio companies.
GMB Mezzanine Capital II (Fund II) closed its first investments in December 2010:
- $7 million of subordinated debt for a full-service provider of restaurant equipment and supplies. This transaction was sponsored by an East Coast-based private equity group.
- $5 million of subordinated debt and $1 million of equity co-investment in a designer and manufacturer of highly-engineered testing systems. This transaction was sponsored by a Mid-Atlantic / Midwest-based private equity group.
GMB Mezzanine Capital II (Fund II) made an additional investment in April 2011:
- $4.5 million of subordinated debt and $450,000 of equity co-investment in a branded producer of vibration-isolation and shock control solutions. This transaction was sponsored by a Midwest-based private equity group.
GMB Mezzanine Capital II (Fund II) made two investments in July 2011:
- $6 million of subordinated debt in a wholesale distributor of tools, testing equipment and related supplies to the auto repair aftermarket. This transaction was sponsored by an East Coast-based private equity group.
- $4.6 million of subordinated debt and $400 thousand of equity co-investment in a master distributor and importer of metric fasteners. This transaction was sponsored by a Midwest-based private equity group.
GMB Mezzanine Capital II (Fund II) made an investment in August 2011:
- $3 million of senior term debt, $6 million of subordinated debt and $1,000,025 of equity co-investment in an industrial distributor of hydraulic and pneumatic hoses, fittings, seals, related products, residential and commercial boilers and heating products. This transaction was sponsored by a Southeast-based private equity group.
