Not all credit providers and solutions are “created equal.” It is, therefore, crucial that businesses seek an experienced and patient credit financing partners whose mission and approach are aligned with their strategic objectives. We, at Alignment, strive to be such partner to our portfolio companies.
Since 2014, we have excelled in delivering innovative and strategic credit solutions uniquely tailored to borrowers’ needs. Our key advantages are:
- Patient capital source with bespoke structure flexibility
- First and second-lien secured loans (cash flow, asset-backed, or enterprise value-based)
- Short-and long-dated maturities
- Upfront and delayed-draw commitments
- Mix of cash and Pay-in-Kind interest
- Proven capital markets and strategic advisory expertise in
- Technology, media and communications
- Digital marketing “transformation”
- Consumer and retail
- Education and edtech
- Business software and services
- Healthcare services
- Financial services
- International markets
Alignment Credit seeks to support management teams with a long-term strategic orientation that share our core values of passion, creativity, and transparency, and businesses committed to delivering a positive impact on their sectors and society.
- Industry and geography agnostic
- U.S. and international borrowers
- Under-banked companies and niches
- New and emerging asset classes
- Ownership structure agnostic
- Founder / management owned businesses
- Private equity / venture capital backed companies
- Tailored credit solutions for every stage of corporate lifecycle
- Late-stage venture businesses with proven business models and $10+ million in sales
- Established lower and core middle-market companies
- Able to finance broad variety of capital uses
- Growth initiatives
- Refinancings
- Bridge loans
- Mergers and acquisitions
- Buyouts and sponsor finance
- Recapitalizations and liquidity events
- Restructurings and special situations
- Typical transaction size $5+ million
- Transaction Sourcing
- Highly experienced team of senior investment professionals and advisors with average 20+ tenure across multiple industry sectors, capital markets/advisory and management consulting
- Extensive network of industry experts, operating partners, equity sponsors and advisors
- Access to significant proprietary deal flow
- Screening
- Invest the time to understand the story and get to know the management
- Draw on our extensive structuring experience to deliver creative solutions while mitigating risks
- Provide timely and transparent feedback
- Underwriting
- Comprehensive and disciplined due diligence process involving outside experts
- Efficient legal documentation process
- 30 day targeted process timeline from term sheet to funding
- Post-Closing Partnership
- Frequent and proactive dialog
- Ability to deliver significant value-add with internal resources and through extensive global network of industry relationships
- Frequently, debt financing solutions offer multiple advantages relative to equity:
- Lower (if any) dilution for existing shareholders
- Significantly lower cost of capital
- Alternative to “flat” or “down” equity rounds
- Retention of existing governance structure and control
Established middle-market players have always relied on credit to fund their growth and liquidity. In recent years, there has also been a dramatic growth in the use of debt among VC-backed companies, from early stage start-ups to more mature businesses.
- For many, credit solutions have become critical part of achieving their strategic and financial objectives, including:
- Maintaining and accelerating growth momentum
- Extending runway to the “next milestone,” such as a liquidity event or reaching cash flow breakeven
- Improving working capital management
- Providing a “safety net” of additional liquidity without dilution
- Enabling acquisitions
- Delivering shareholder liquidity