Castleray provides mezzanine financing solutions to viable middle market and lower middle market companies throughout North America. Such financings can be used for a variety of purposes, from acquisition financing to growth strategies. Such loans typically sit between senior lenders and equity, on the capital stack. Because Castleray owns and operates companies, it is a great partner for such loans as it typically structures such loans in an operator centric manner attempting to provide levels of flexibility preferred by operators. Our loan sizes range from $10M to $1M. Underwriting is no-drama and adheres to conventional market terms. See the following case study.
Nelnet, Peterson’s corporate parent, sought to divest Peterson’s. A fund-less sponsor sought financing to close the deal and Castleray provided such financing, on a short timetable. The size of the loan was under $5M.