NEW CANAAN FUNDING MEZZANINE LLC

Thesis

New Canaan Funding Mezzanine LLC is a boutique investment firm that provides mezzanine, second lien, and unitranche debt financings to established middle-market companies in the United States. They partner with private equity sponsors for acquisitions, buyouts, recapitalizations, and growth initiatives. The firm focuses on sectors such as business services, niche manufacturing, software, education, and healthcare, avoiding retail, construction, energy, and real estate. Their strategy involves providing debt financing, often with an equity stake, to align interests. They are currently investing out of their seventh fund, New Canaan Funding Mezzanine VII SBIC, L.P., with $263 million of investable capital. Typical investments range from $5 million to $25 million per deal, with the capacity to arrange larger transactions. The firm has been operating since the mid-1990s and has built a reputation as a mezzanine finance expert.