INVESTMENT FOCUS

Convergent considers financing in a broad range of industries and searches for companies exhibiting these characteristics:
  • Positioned within a strong industry
  • Expected to generate significant growth in cash flow and value
  • Proprietary technology, process and/or products
  • Motivated and insightful management team with an equity stake
  • Adequate liquidity and experienced equity backing
  • Multiple exit strategies
  • Annual revenues in excess of $10 million and positive cash flow from operations
As a licensed SBIC, Convergent invests in companies that meet the U.S. Small Business Administrations definition of a small business:
  • Net worth of $18 million or less, and
  • An average net income of $6 million or less over the past two years

INVESTMENT CRITERIA


Investment Size
$3 million to $12 million with the ability to co-invest

Investment Structure
Senior or subordinated debt with equity warrants or other yield enhancements. Preferred or common equity investments are also considered

Industry Focus
Convergent will consider investments in a broad range of industries

Geographic Focus
Convergent will consider investments across the United States

Term
3 to 7 years