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 $5 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
$2 million to $8 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