Overview

LNC Partners is a Northern Virginia based investment firm with over $235 million of capital under management that provides flexible financing alternatives to lower middle market companies.

We are a reliable, relationship-oriented partner that works closely with management teams and business owners to tailor investment structures that allow us to address each business’ unique requirements. Our professionals have over 60 years of experience and have invested over $1.3 billion of capital across every layer of the balance sheet. This prior investment and advisory experience separates us from traditional financing sources and provides our partners with a value-added investment approach that drives performance improvement and unlocks shareholder value.

Investment Focus

LNC Partners is focused on partnering with the highest quality management owned and family owned businesses in the lower middle market.

We have the flexibility and capability to partner with executive teams across a wide range of industries, and target businesses which are looking to achieve shareholder liquidity or are pursuing growth strategies. Our professionals take a long-term perspective and are regarded as thoughtful, responsive deal partners. We believe that the strength of management is crucial to the success of smaller enterprises, and seek situations where the executive team has substantial ownership and a sound strategic plan.

Investment Parameters

Investments of up to $25 million

Debt Securities

  • Unitranche/hybrid debt facilities
  • Subordinated debt

Equity Securities

  • Structured/preferred equity
  • Minority equity
  • Control/majority buyouts

Transaction Types

  • Management and leveraged buyouts
  • Debt refinancings
  • Strategic acquisition financings
  • Growth capital investments
  • Minority and dividend recapitalizations

Investment Criteria

LNC Partners is ideally positioned for situations requiring a sophisticated, responsive capital partner in the lower middle market.

We thoughtfully listen to our deal counterparts and customize our investments to fit the unique needs of each situation. In addition, our investment team maintains a reputation for delivering on the timeframe required and standing by the terms we propose.

Financial Parameters

Companies with at least $10 million of annual revenue

Companies with at least $2 million of annual cash flow

Moderate capital expenditure and working capital requirements

Consistent and high returns on net assets and invested capital

Significant economic alignment with management and other equity investors

Value Added Partnership

LNC's Managing Partners have a long and successful history of making investments across every layer of the balance sheet.

As a result, we offer a broad array of experience and knowledge to management teams making important financial and operating decisions. As active investors, we collaboratively work with management at the board level, as either directors or observers, to assist in the growth of each business by providing advice and counsel on corporate planning, operational improvements, management recruitment and strategic acquisitions. These value added services allow management owned and family owned businesses the opportunity to benefit from services typically provided by control oriented private equity firms, at a discounted cost of capital, while maintaining majority ownership and day-to-day control over their business.

Overview PDF

Leeds Novamark Capital is a Northern Virginia based investment firm with over $235 million of capital under management that provides flexible financing alternatives to lower middle market companies.

We are a reliable, relationship-oriented partner that works closely with management teams and business owners to tailor investment structures that allow us to address each business’ unique requirements. Our professionals have over 60 years of experience and have invested over $1.3 billion of capital across every layer of the balance sheet. This prior investment and advisory experience separates us from traditional financing sources and provides our partners with a value-added investment approach that drives performance improvement and unlocks shareholder value.