Congruent directly originates mezzanine debt, unitranche debt and senior credit facilities (first lien debt and second lien debt) for companies and financial sponsors in need of capital for:
- Growth opportunities
- Recapitalizations or refinancings
- Fundless sponsor acquisitions
- Financial restructurings
- Minority equity buyouts
- Late stage venture financings
- Leveraged buyouts (LBOs) and management buyouts (MBOs)
Congruent makes minority equity investments through both equity instruments (preferred equity and common equity) and debt instruments (convertible notes and warrants). This can be an attractive option for companies seeking to avoid greater dilution associated with raising traditional equity capital.
Congruent make investments in special situations, including debt portfolio acquisitions, financial restructuring, distressed debt investments, DIP financings, investments in royalties, structured products, and trade payables.
Congruent is active in acquiring positions in first lien loans, second lien loans and corporate bonds of middle market companies, through its extensive network of leading banks and broker/dealers across North America.