Mezzanine Realized Portfolio
Stauer
Direct marketer of branded consumer products
Location: Burnsville, MN
Investment Date: June 2015
Investment Exit: November 2018
Transaction Type: Buyout
Security Type: Subordinated Debt & Equity
Smartlink
Secures optimal sites and provides staffing for the communications industry
Location: Annapolis, MD
Investment Date: November 2014
Investment Exit: November 2018
Transaction Type: Refinancing
Security Type: Subordinated Debt
Adler Hot Oil Service
Provider of heating services for oil and gas well sites
Location: Vernal, UT
Investment Date: October 2013
Investment Exit: October 2018
Transaction Type: Recapitalization
Security Type: Subordinated Debt & Equity
All Safe
Servicer and distributor of compressed gas cylinders and valves
Location: Wyoming, MN
Investment Date: July 2013
Investment Exit: August 2018
Transaction Type: Management Buyout
Security Type: Mezzanine Debt & Subordinated Debt
Anchor Fabrication
Full-service metal fabrication
Location: Fort Worth, TX
Investment Date: May 2015
Investment Exit: August 2018
Transaction Type: Acquisition
Security Type: Subordinated Debt
Apartment Data Services
Provider of competitive real-time information for renters, apartment locators and property managers
Location: Houston, TX
Investment Date: September 2014
Investment Exit: September 2017
Transaction Type: Buyout
Security Type: Mezzanine Debt, Subordinated Debt & Equity
Aerostar
Provider of global supply chain logistics to the aerospace industry
Location: Lombard, IL
Investment Date: July 2016
Investment Exit: August 2017
Transaction Type: Buyout
Security Type: Subordinated Debt
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AC Business Media
Niche business-to-business marketing through digital, mobile, publication and live event platforms
Location: Ft. Atkinson, WI
Investment Date: August 2014
Investment Exit: October 2016
Transaction Type: Buyout
Security Type: Subordinated Debt
Learn It Systems
Academic support and special education services focused on autism
Location: Baltimore, MD
Investment Date: February 2014
Investment Exit: May 2016
Transaction Type: Acquisition
Security Type: Subordinated Debt & Equity
Sellars
Manufacturer of shop towels, disposable wipes, and sorbents
Location: Milwaukee, WI
Investment Date: June 2013
Investment Exit: April 2016
Transaction Type: Recapitalization
Security Type: Subordinated Debt & Jr. Subordinated Debt
Lone Star Distribution
Wholesale distributor of sports nutrition products
Location: Dallas, TX
Investment Date: May 2015
Investment Exit: February 2016
Transaction Type: Buyout
Security Type: Subordinated Debt
Arandell
Commercial printer focused on premium catalogs
Location: Menomonee Falls, WI
Investment Date: March 2014
Investment Exit: December 2015
Transaction Type: Refinancing
Security Type: Subordinated Debt
Fiberstar
Manufacturer of ingredients derived from plant cell walls used in food products and cosmetics
Location: River Falls, WI
Investment Date: July 2013
Investment Exit: December 2014
Transaction Type: Growth Capital Expenditures
Security Type: Subordinated Debt
Northwire
Manufacturer of custom cable and wire solutions
Location: Osceola, WI
Investment Date: June 2013
Investment Exit: June 2014
Transaction Type: Management Buyout
Security Type: Subordinated Debt