Michael D. Bender

Manufactures outdoor lighting products

Functions as a College/University

Churchill Capital Mezzanine Finance focuses on providing mezzanine financing to smaller, middle-market companies controlled by leading private equity firms. Their investments typically range from $5 million to $30 million. Churchill Capital offers flexible pricing structures with a bias toward all-coupon, contractual returns. They also participate in equity co-investments and warrant structures. Churchill Capital looks for companies with at least $5 million in EBITDA, proven historical earnings, sustainable free cash flow, credible business strategies, strong management, diverse customers with no concentration, support of private equity sponsors, strong market position and sufficient barriers to entry. The firm's capital is used for LBOs backed by equity sponsors, growth capital, acquisition financing, leveraged recapitalizations and public-to-private transactions

Churchill Equity focuses on investments in middle-market US and Canadian manufacturing and services companies in the following sectors: (1) medical, orthopedic, spinal and dental products (2) infrastructure products and services (3) aerospace (4) branded consumer products and (5) industrial services. They target companies with revenues of $30 million to $300 million. They seek investments in platform companies with EBITDA of $5 million to $15 million and investments in add-on acquisitions of companies with EBITDA of $2 million to $5 million. The firm looks for companies with strong management teams, diverse customer bases, a defensible market share, sustainable free cash flow and competitive advantages. Churchill Equity participates in recapitalizations, acquisitions, buyouts and growth financings.

Manufactures baby sleep products