
GMB Mezzanine Capital
50 South Sixth Street, Suite 1460, Minneapolis, MN, 55402, United States
Overview
GMB Mezzanine Capital, L.P. ("GMB") makes private mezzanine investments in lower middle-market companies throughout the United States. We target companies with total enterprise values under $100 million and with annual revenue between $10 million and $100 million. We will invest in a variety of leveraged acquisition, recapitalization, growth/expansion and buyout transactions. Our target investment size ranges from $3 million to $13 million, and we will participate in larger mezzanine investments with co-investment partners. GMB is a licensed Small Business Investment Company ("SBIC") with financial resources of $187 million composed of partnership equity and funding provided by the U.S. Small Business Administration through its Debenture program. Since 1959 SBICs have provided in excess of $30 billion in long term debt and equity capital to U.S. companies. GMB Mezzanine is managed by Lakeside Capital Management, LLC ("Lakeside"). Each of Lakeside's three Managing Principals, Mike McHugh, Cully Olmanson and Barry Lindquist, has at least 25 years of relevant experience in lending to or investing in lower middle-market companies. Mike, Cully and Barry have a combined track record of 60 mezzanine transactions, totaling over $417 million, over their careers. They have invested in a wide range of industries, businesses, transaction types, geographic markets and capital structures, across multiple business cycles
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Media Temple
Participated · Equity · Apr 2010
Media Temple provides web hosting and related software services across a product portfolio that includes Grid Service, Dedicated Virtual, and the high-powered Nitro tier. The company serves both small businesses and more technical developers, and hosts over 600,000 domains with more than 87,000 clients, including Sony, Adobe, Toyota, and ABC. Media Temple has grown rapidly, reporting a compounded annual growth rate of 70% and headcount increases of 30% in 2009 and an expected 25% this year. The company operates two data centers and has expanded its footprint via an internal venture arm, (mt) Ventures, and prior acquisitions such as Krop, Virb, Vantageous, and Reinvigorate. Management says forthcoming work will focus on revamping and evolving its core hosting packages to be more user friendly for lay users while retaining advanced capabilities for developers.
Team
No current team members are available.