![](https://kayneanderson.com/wp-content/themes/kayne-anderson/assets/images/chevrons-gold.png)
![](https://kayneanderson.com/wp-content/uploads/2023/10/growth-credit-hdr.jpg)
Growth Capital Strategy
Growth Credit
Kayne Anderson targets “off the run” opportunities with embedded complexity. Being a creative provider of capital and/or liquidity solutions provides opportunities to generate attractive risk-adjusted returns.
Investment Strategy
We partner with disciplined and motivated management teams who use our capital, knowledge and resources to grow – whether that’s market share, revenue, or profitability. Our debt is flexible and minimally dilutive, allowing founders and early investors to retain more ownership of their business, while working with a value-add partner.
Investment Criteria
- North America lower-middle market
- VC or PE-backed or bootstrapped companies
- $10-30+ million initial investments
- Up to 5 year maturities
- Proceeds for runway extension, M&A, fueling growth, and refinance existing debt
Structure
- Senior, subordinated, convertible, and unitranche structures
- Cash & PIK interest
- Upside participation
- Equity co-invest
Company Profile
- $10-75M+ revenue (recurring or re-occurring)
- High y/y growth
- Attractive & sustainable margins
- EBITDA+ or path to profitability
- Demonstrated capital efficiency
- Sufficient liquidity and/or access to capital markets
- Measurable Customer ROI
- Sponsor backed or Bootstrapped
Target Industries
- Supply chain & logistics
- Media & telecom
- Business process automation
- Financial technology
- Healthcare
- Security, compliance & infrastructure
![](https://kayneanderson.com/wp-content/uploads/2023/10/ka-logo.png)
Recent News
-
Real Estate
-
Real Estate Wall Street Journal Pro
-
Energy Infrastructure