Kian Capital Announces Final Close of $150 Million Inaugural Fund
Kian Capital, a provider of mezzanine debt and equity capital to leading lower middle-market companies, is pleased to announce the final closing of Kian Mezzanine Partners I, L.P. (the “Fund”) with total capital commitments of $150 million, including Small Business Administration leverage. The Fund is structured as a Small Business Investment Company (SBIC) and licensed by the U.S. Small Business Administration.
“We are very excited about the successful final closing of the Fund and are grateful for the support of our limited partners. Along with the U.S. Small Business Administration, we are fortunate to have a diverse investor base which includes leading institutional investors, commercial banks and distinguished high net worth individuals, including former portfolio company executives,” said Kevin McCarthy, Co-Founder and Partner of Kian Capital
“We are eager to selectively deploy the Fund’s capital in leading lower middle-market companies that are sourced through our extensive network in the Southeast. We are confident that the experience of our team, our orientation for growth, and the capital base provided by our Fund will position Kian Capital as the partner of choice for business owners, independent sponsors, private equity firms and management teams, added Rick Cravey, Co-Founder and Partner of Kian Capital.
Kian Capital, with offices in Charlotte, NC and Atlanta, GA, invests in leading lower middle-market companies across a broad range of industries, including business services, distribution and logistics, healthcare services, and niche manufacturing. We typically invest between $5 million and $15 million of capital in companies with a minimum of $2 million of EBITDA. We offer flexible capital that can take the form of unitranche debt, subordinated debt, and equity and be used in support of acquisitions, shareholder liquidity events, buyouts, recapitalizations and growth financings. We seek to partner with business owners, independent sponsors and private equity firms that are committed to increasing the enterprise value of their businesses.
For more information, please contact Kevin McCarthy or Matt Levenson or visit our web site at www.kiancapital.com.