NHBCP is an efficient source of capital for companies in transition.
NHB Advisors, Inc. (NHB, formerly NachmanHaysBrownstein, Inc.), widely recognized for its turnaround and restructuring expertise, announces the formation of NHB Capital Partners, LP (NHBCP), an affiliate sourcing investment capital to be deployed in difficult situations throughout North America’s middle.
NHBCP’s institutional limited partners target investments between $10 million and $30 million with an average holding period of 3-5 years. Successful transactions are usually, but not always, accompanied by strong management, but the business may be encumbered by an over leveraged balance sheet and/or recession-induced operational challenges.
NHBCP explores control and non-control positions and its partners invest anywhere in the capital structure (debt or equity) using virtually any investment instrument. NHBCP’s partners are particularly adept at investing new capital alongside existing lender pools. The NHBCP team is specifically designed to move quickly in the most difficult situations.
In keeping with NHB Advisors’ higher standard of transparency and its commitment to being a Client-Focused organization, NHB Capital Partners funding may be offered to existing turnaround or restructuring clients in those cases where the Client desires such financing opportunities and its existing lenders and investors approve. NHB’s Clients and their lenders are apprised of NHBCP’s availability and its distinct and separate evaluation process upon the commencement of new turnaround and restructuring engagements and have an opt-in/opt-out election that ensures transparency with clients, their lenders and other stakeholders.
NHB Principal Ted Gavin, CTP commented “Smart, flexible capital is often the missing ingredient in a successful restructuring. We think that NHB Capital Partners will set us apart from other pure turnaround and restructuring advisors. In addition to delivering quality consulting services, we are now an active capital markets participant and can provide a perspective that is unrivaled by any of our competitors while being complementary to, not competitive with, our referral partners and relationships”.