Stonehenge’s Direct Investment (“DI”) business line provides debt and equity financing to growing small businesses with an emphasis on underserved markets. Our investment professionals support economic growth by providing Transformational Capital to operating business and delivering risk-adjusted returns to investors using a variety of investment strategies, including a national senior debt focused Small Business Investment Company ("SBIC"), a series of state-targeted growth capital funds and participation in the New Markets Tax Credit ("NMTC") Program.
The Stonehenge SBIC Community Impact Fund is a national senior debt fund focused on companies operating specifically in areas targeted for economic revitalization or designated as a Disadvantaged Business Enterprise. Investments range in size from $5-15 million and target companies typically generating at least $2 million of annual cash flow. The Impact Fund is licensed by the SBA as a Small Business Investment Company (SBIC).
For more information contact Jonathan Crawford.
Stonehenge makes debt and equity investments, providing capital above and beyond what traditional banks provide. Stonehenge invests in companies that are often located in markets and areas that lack non-bank financing options, which is why Stonehenge offers flexible financing solutions tailored to a company’s unique strategic and financial plan. Our team has invested over $500 million in small and lower middle market businesses by focusing on $1-7 million unitranche, mezzanine and growth equity investments used for acquisitions, buyouts, growth and refinancing.
For more information contact Steve Bennett, Rachel Lambert and Mitchell Hill.
Stonehenge’s NMTC program focuses on investing in low-income communities and severely distressed areas targeted for revitalization. Stonehenge Community Development, LLC (“SCD”) is a designated Community Development Entity (CDE) that actively participates in both the Federal New Markets Tax Credit Program and a number of state New Markets Tax Credit programs. Through the Federal and State NMTC Programs, SCD has invested over $1.2 billion of flexible and nonconventional capital in operating businesses that exhibit strong job creation metrics and a positive impact on minority populations. Special consideration is given to projects located in severely distressed communities, non-metropolitan areas and those in underserved states as designated by the CDFI Fund.
For more information contact JONATHAN ERNST or KEITH JONES.
Since 1999, Stonehenge Capital has operated at the nexus of finance and community development. We are deliberate in our actions to make both a financial and social impact. We know how private capital can transform underserved communities and help operating businesses grow, and we work with clients and investors to generate double bottom line returns. With fresh thinking that leads to better returns, Stonehenge is not the same old style of investment firm, but something else entirely. Some call it transformational capital. We call it the right way to do business.
Stonehenge is a thought leader in investment capital, producing strong returns for investors and impactful social returns for communities. We do this by fostering collaboration among our team of seasoned and talented professionals who leverage two decades of expertise and relationships to provide innovative financing solutions where they are most needed, delivering a variety of debt and equity financings to spur economic growth across the country.