Investment Focus

Congruent Investment Partners closely works with business owners to develop creative and aligned investment structures. Whether providing control equity as part of a majority recapitalization, or mezzanine capital to facilitate growth initiatives, Congruent has the flexibility to provide thoughtful solutions throughout the capital structure. Every deal is unique, but with our significant experience in specific industries and transaction profiles, our team is able to craft solutions tailored to achieve specific objectives for family businesses or owner-operated companies.

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AEROSPACE ENGINEERING

TYPE: Acquisition Financing

STRUCTURE: Minority Equity and Mezzanine Capital

DATE: 2016

LOCATION: Seattle, WA

$10,000,000

 

SITUATION

An Oklahoma-based independent sponsor was seeking capital to effectuate the acquisition of an aerospace engineering firm focused on the development, certification and supply of certified performance improvement systems for commercial and general aviation aircraft worldwide.  The independent sponsor brought significant value through their extensive aerospace experience, a solid operational track record and meaningful skin in the game in the form of cash equity invested.

 

Congruent structured a $10,000,000 investment comprising a second lien term loan and an equity co-investment, providing significant flexibility in order to reduce the debt service burden on the business and instead allow for future excess cash flow to be reinvested for growth.  Congruent’s prior expertise across multiple aerospace transactions was value-add throughout the underwriting process.