Merchant Banking

Legacy Advisors through its affiliated company, Legacy Capital Partners, invests in management buyouts, recapitalizations, distressed situations and high growth opportunities. Out investment criteria is focused on high performance management teams, defensible market positions usually involving products with significant proprietary engineering content, strong margins and large markets with good growth potential. We are particularly interested in:

• Aerospace & Defense
• OEM Component Niche Manufacturing
• MRO Aviation Services
• Aviation Support Services

From a financial perspective, we target companies with $20 to $50 million in revenues and EBITDA of at least $2 million. Turnaround or troubled company targets should be somewhat larger while smaller companies may fit as add on acquisitions to existing platforms.

We are supported with “patient capital” from high net worth individuals. Our investments can take the form of either debt or equity including the ability to step into senior debt positions on an interim basis to facilitate a restructuring or turnaround. Our objective is to build long term relationships that result in stable businesses with significant value.