About Us

WHO WE ARE

In antiquity, the term “firmament” represented the great arch of expanse protecting the earth from above. As investors in small and medium sized businesses, we partner with management teams to provide bespoke capital solutions – both debt and equity – to facilitate corporate kinetics – mergers, acquisitions, recapitalizations and growth financings. Small business owners today face a complex labyrinth of choices regarding how to fund a business plan, and all too often settle for an imperfect outcome – taking on too much inflexible debt, or experiencing more equity dilution than desired.

We provide integrated financial solutions, and can tailor capital to the specific circumstances of a situation to ensure a proper fit. But most importantly, we engender trust through transparency and flexibility, and provide our expertise and advice when it’s needed. We help our partners focus on and protect the opportunities presented in the expanses of their business – we are their Firmament.

ENGENDER TRUST
TRANSPARENCY

EXPAND SME’s
PROTECT SME’s
BESPOKE SOLUTIONS

Our Approach

There are four core elements to Firmament’s investment approach:

We place considerable emphasis on working to support the long-term objectives of our investment partners, and have a long track record of being a loyal and ethical constituent. We bring the totality of our resources to bear to catalyze winning outcomes, and work through difficult situations to engender the trust of our fellow investment stakeholders.

Our investments can finance leveraged buyouts, complete recapitalizations or restructurings, and provide liquidity for organic growth inflection points or add-on acquisitions. We participate in transactions that are both sponsored and non-sponsored and are industry agnostic, with a willingness to look at challenging deals.

We have the ability to move up and down the capital structure depending on a company’s need and our assessment of the risk profile of the investment. We target transactions that range across the capital structure with an emphasis on unitranche and one-stop senior debt, junior debt, and structured equity. We provide tailored solutions for each opportunity and have considerable flexibility when structuring terms.

Our investment team possesses a wide breadth of skills in areas such as operations, control equity, M&A advisory, distressed and credit investing. We strive to provide quick turnaround times and thoughtful analytical rigor, with a focus on speed of execution. We are very selective in our deal screening and avoid chasing deals.

What We Seek

While we specialize in making investments of between $5 million and $30 million, we also have the ability to complete larger transactions through co-investments with strategic partners. We customize our investments for each transaction, and can provide both senior and junior debt capital in a variety of different forms including unitranche, second lien and mezzanine debt. We also provide equity capital, primarily as a minority investor, and can structure equity investments either as preferred or common equity. We operate across a diverse range of industries including: