Investment Criteria

Revenues The Company should have a developed product, an existing customer base and recurring revenues.
Cash Flow The Company should be at or near cash flow break-even.
Solvency Solvency is not required. The firm invests in overleveraged, illiquid or insolvent companies.
Type of Investment The investment can be structured as debt or equity. The form of the investment can range from Sr. Secured Debt to Preferred Stock.
Investment Amount $5 million to $30 million.
Ownership Control positions are preferred but non-control positions will be considered if an appropriate balance of risk and return can be structured.