Middlemarch Partners Unveils Merchant Banking Services
February 14, 2013
By Meenakshi Shankar
, TMCnet Contributor
In the current market scenario, loyal business customers have the most opportunity to spur merchant banking growth, as long as they effectively position themselves against the best available options.
Merchant banking firm Middlemarch Partners believe the financial services market can benefit from a merchant bank focused on supporting innovative, high-growth companies.
Firming up its belief, the company announced the official formation of its merchant banking business focused on providing both investment banking and co-investment growth capital to financial services and technology-enabled business services companies.
Sasha Grutman, one of three partners of Middlemarch, mentioned in a statement that the opportunity for the company to advise an international online consumer finance company on such a $75+ million growth capital transaction is a perfect example of its ability to leverage a deep knowledge of the specialty finance sector, with the expertise to craft highly structured debt and equity securities.
Middlemarch has approached merchant banking by combining its collective expertise as investment bankers, private equity investors, and business operators in the Financial Services Industry. The company said it is going by what investors are looking for and is working closely with client companies to construct the right investment structure to meet all stakeholders' needs.
Middlemarch Partners also announced the completion of its most recent investment banking advisory transaction, serving as the exclusive strategic and financial advisor to a leading online consumer finance company.
According to Grutman, the transaction included a leading $2.5-billion financial sponsor and combined a growth equity buyout with a debt facility to support expansion in both the United States and internationally.
The company also clarified that it is seeking to partner with companies looking for well-structured and thoughtful solutions to its capital raising, M&A, and strategic partnering needs. Key focuses include specialty finance, payments, and financial technology sectors where companies require sophisticated equity and debt investment solutions.
Edited by Braden Becker