Mezzanine Capital

Overview

Our mezzanine capital group typically provides $3 million to $15 million in subordinated debt to companies in need of capital for organic growth, acquisitions, recapitalizations or management buyouts.

We look for investment opportunities characterized by a management team with a demonstrated track record, sufficient cash flow to service debt, growth potential and a viable exit strategy.

Investment Team

John C. Harrison
Senior Managing Director

John Harrison

Mr. Harrison joined HMC in 2000 and serves as Senior Managing Director of its Mezzanine Capital Team and Vice President of the General Partner of Harbert Australian Private Equity. His responsibilities include the daily functions of the Mezzanine investing activities and chairing the Investment committee of the Australian Private Equity Fund. Previously, he worked for Finova Mezzanine Capital as Vice President and Eastern Regional Manager. He is also the former Vice President of Sirrom Capital Corporation. Mr. Harrison has experience in the commercial banking industry with a focus on lending and credit management prior to joining HMC. He received his degree in Finance from the University of Tennessee.

jharrison@harbert.net
615.301.6390

John S. Scott
Managing Director

John Scott

Mr. Scott is responsible for sourcing, executing and monitoring investments. He formerly served with Sirrom Capital Corporation as Eastern, North, West, and Midwestern Regional Manager. He is also a former Commercial Bank Officer for Ameritrust Corporation, Citizens Bank and First American National Bank. Mr. Scott is a graduate of the University of Kentucky.

 

 

jscott@harbert.net615.301.6388

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Robert A. Bourquin
Managing Director

Rob Bourquin

Rob Bourquin is responsible for sourcing, executing, and monitoring investments for Harbert Mezzanine Partners II (“HMP II”). Mr. Bourquin has over ten years of experience investing in middle market mezzanine debt transactions and was also a partner in Harbert Mezzanine Partners, the predecessor fund to HMP II. Prior to working with HMC, he held the position of Vice President with Sirrom Capital Corporation and with Finova Mezzanine Capital. He began his career with the investment bank George K. Baum in Kansas City. He received a Master of Business Administration degree from the Owen School at Vanderbilt University and a Bachelor of Arts from Dickinson College.

rbourquin@harbert.net
615.301.6389

Christopher C. Hammond
Director

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Mr. Hammond is responsible for sourcing, executing, and monitoring investments.  Prior to HMC, he served as President of Physicians Capital.  Mr. Hammond has over a decade of experience investing in middle market transactions while at Gen Cap America, Calvert Street Capital Partners and Heller Financial/GE Capital.  He started his career at Ernst & Young. He received an MBA from the Kellogg School of Management at Northwestern University and his undergraduate degree from The University of Notre Dame.

chammond@harbert.net

615.301.6396

John L. Davis
Senior Associate

Jack Davis

Prior to joining HMC, Mr. Davis worked in the Mergers & Acquisitions – Technology, Media and Telecommunications Group at Lazard Freres & Co. in New York. He received his undergraduate degree from the University of Virginia.

 

 

 

jdavis@harbert.net615.301.6392

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Alyce M. Ory
Director of Administration

Alyce Ory

Prior to joining HMC, Ms. Ory worked at Finova Mezzanine Capital and in the Healthcare Investment Banking Group at SunTrust Equitable Securities. She received her undergraduate degree from Vanderbilt University.

 

 

 

aory@harbert.net615.301.6398

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Clay A. Steineker, CFA
Associate

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Prior to joining the Harbert Mezzanine Capital team, Mr. Steineker was a Risk Analyst for HMC assisting the risk management efforts of multiple HMC strategies. Mr. Steineker is a CFA charter holder and received his undergraduate degree from the University of Alabama.

 

 

csteineker@harbert.net615.301.6245

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Tim A. Henry
Associate

Prior to joining HMC, Mr. Henry  worked for Health Warrior, a fast growing private-equity-backed natural food company, in a variety of roles including finance, operations, and business analytics.  Previously, he worked in the Healthcare and Life Sciences Group at Harris Williams & Co., a middle-market investment bank focused on sell-side M&A advisory.  He received his undergraduate degree from Vanderbilt University.

 

thenry@harbert.net615.301.6395

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Investment Criteria

The mezzanine capital group provides financing to private middle market companies. We seek investment opportunities where we believe the risk of principal loss is limited and the prospective equity appreciation is high. We also seek long-term returns competitive with those of venture capital and private equity transactions.

Preferred Investment Structure:

  • Size $3 million to $15 million
  • Senior subordinated debt
  • Five-year term; no amortization; interest monthly
  • 13% to 14% coupon
  • Nominally priced warrants to purchase equity
Contact
HARBERT MEZZANINE PARTNERS

618 Church Street, Suite 500
Nashville, Tennessee 37219

Contact:
Jennifer Schanhals
jschanhals@harbert.net
615-301-6400