From inception, Plexus has invested debt with equity co-invest in support of independent sponsors, search funds, and private equity funds.
Through this strategy, Plexus has deployed $2.5 billion into over 193 platforms where our capital was used in independent sponsor transactions for one stop financings or debt with a minority co-investment alongside search equity investors or private equity funds.
The focus on deals with $2 million to $15 million of EBITDA allows Plexus to provide standalone investments of $5 million or write larger checks and grow with the platforms via delay draw facilities. Plexus has invested up to $75 million in a single platform.
Investment Criteria
Geography
- Platforms – North America
- Add-ons – Global
Investment Size
- Up to $40 million for initial investment
- Can provide co-invest for LPs for larger amounts
Investment Types
- Debt
- Equity (Majority or Minority/Preferred or Common)
- Delay Draw Facilities
Company Characteristics
- Up to $150 million Revenue
- Up to $15 million EBITDA
- Minimum EBITDA of $2 million at Close
- Strong Market Dynamics
- Sustainable Positive Cashflow (Unless ARR Driven)
- Committed Management
- Proven Business Strategy
Use of Proceeds
- Acquisitions
- Growth
- Leveraged Buyouts
- Recapitalizations
- Management Buyouts
- Minority Recapitalizations
Sector Focus
Business Services
Retail & Consumer
Healthcare
Niche Manufacturing
Value-Added Distribution
Software & IT Services
Representative Investments
Key Contacts
Mike Becker, Partner
919-256-6342
mbecker@plexuscap.com
Cameron Coley, Principal
919-256-6353
ccoley@plexuscap.com
Funds mentioned above are closed to new investors. The information contained herein is not complete, and does not contain certain material information about any fund managed by Plexus, including important disclosures and risk factors, and is subject to change without notice. This is not an offer to sell, or a solicitation of an offer to purchase any fund managed by Plexus. Such an offer will be made only by an Offering Memorandum, a copy of which is available to qualifying potential investors upon request. Deal information presented is being shown to provide the most recent examples of investments as of 06/30/2024. See a complete list of portfolio companies.