| Merion Investment Partners is a mezzanine capital fund that invests subordinated debt with equity features in companies with strong growth potential, proven management teams, a strategic competitive advantage and/or are operating in sectors of the economy that are poised to exhibit growth. We employ a traditional investing philosophy, concentrating on companies in high growth markets and those in transition. Ideal candidates include companies in the business service, specialty manufacturing, and health care services and products sectors that are "effective users, not inventors, of technology to continuously improve operating efficiency, marketing and distribution.” We focus on growing, middle market firms in the Eastern United States with at least $10 million in revenue and $1.5 million in cash flow . Our target investment size is between $3 and $8 million. We will provide equity co-investments in conjunction with a subordinated debt investment.
The core of the Fund’s management team formerly founded and managed a mezzanine lending unit within Mellon Bank. The strategy of the Fund mimics that which the Partners successfully employed during their tenure at Mellon, where the team achieved an internal rate of return (“IRR”) that significantly exceeded the industry target IRR. The management team has built a reputation for wisely and safely supporting regional entrepreneurs, including work with Crothall Services, NCO Group, and PSC Info Group.
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