New York, NY – Brean Capital, LLC (Brean Capital) is pleased to announce the recent sale of a leading small business funding company (the “Company”) to a prominent alternative asset manager (the “Purchaser”). Brean Capital served as Exclusive Sell-Side Advisor to the Company in connection with the transaction.
The transaction provided the Company’s owners with a significant liquidity event, while enabling management to gain equity in the platform. Under the terms of the agreement, the Company and the Purchaser also completed a comprehensive recapitalization, which further positions the Company for continued growth by expanding and diversifying its funding sources.
The Company is a tech-enabled provider of flexible financing solutions to small businesses throughout the U.S., supported by diversified customer acquisition channels and a robust origination engine. The Purchaser is a well-established aggregator of financial assets, with a strong track record in the specialty finance sector.
“This transaction is an exciting milestone for a highly fragmented specialty finance market that is ripe for consolidation,” said Peter McNierney, Executive Managing Director of Brean Capital. “This sale demonstrates the appetite of alternative asset managers to own specialty finance assets, which offer direct access to originations and the ability to invest in multiple parts of the capital structure.”
Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 50 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle-market businesses. Throughout its history, Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction. For more information, please visit: website.