Investment Criteria & Structure

Criteria​

Market Focus:

Typically lower middle-market companies with $2 – $20 million in revenue and $1 million – $10 million in EBITDA.

Transaction Type:
Opportunities to obtain majority-control positions in which we believe we can add meaningful value through operational enhancements.  We look for the optimal capital structure while using the right amount of leverage.

Industries:
See Industry Focus

Profitability:
Proven profitability with future expectations of positive, stable cash flow is preferred, but not required

Geography:
Primarily Midwest; will consider opportunities throughout United 

Structure

PJM Advisors targets companies with strong management teams and attractive growth opportunities. The firm can participate as an investor in a lead or co-investor role to provide mezzanine and equity capital to facilitate a variety of corporate finance needs as well as in other flexible capital needs. The following transaction structures are of interest to our firm:

• Growth and Expansion capital
• Acquisitions
  
• Management Buyouts
  
• Leverage Buyouts
  
• Recapitalizations
  

PJM typically invests $500,000 to $2 million in a transaction. However, we are capable of co-investing in significantly larger transactions through our existing network in both the mezzanine and private equity communities.

As a result of its flexibility, the PJM team has extensive experience providing capital in multiple forms, including:

• Subordinated Debt​
• Preferred Stock
  
• Common Stock