Founding family takes $35+ million dividend, regains 100% ownership, Eliminates personal guarantee

Objectives:

Bridgepoint Investment Banking was selected by our client as its exclusive investment bank based on deep capital markets connections, as well as our leading middle market leveraged finance and debt syndication capabilities. The client, despite building a highly valuable and successful company, had not been able to achieve personal liquidity for the family, could not get any more debt from his commercial bank, wanted to buy out ~10 minority investors, and get rid of his personal guarantee. He also wanted to take care of estate planning for his company.

Results:

Bridgepoint listened to and interpreted our client’s personal and family goals and desires, ultimately presenting the client with a range of solutions and outcomes based on our daily interactions with funders in the capital markets and related market knowledge. Ultimately, we executed upon a debt dividend recapitalization for the client, his company and his family, placing $45mm+ with a close institutional debt relationship after receiving 15+ term sheets for more capital than we requested. This transaction, facilitated by new solutions we brought to the table based on years of capital markets expertise, was paradigm shifting for the client and his family.