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

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

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.net
615.301.6388
Robert A. Bourquin
Managing Director

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
D. Andrew Tatman II
Director of Investments

Mr. Tatman joined HMC in 2006. He is responsible for sourcing, executing and monitoring investments for Harbert Mezzanine Partners. He has over 10 years experience of investing in middle market mezzanine transactions. Prior to joining HMC, Mr. Tatman worked in the Mergers and Acquisitions Investment Banking Group of Morgan Keegan & Company and with the Morgan Keegan Mezzanine Fund. He received his undergraduate degree from the University of Kentucky.
atatman@harbert.net
615.301.6396
Tyler L. Augusty
Associate

Prior to joining HMC, Mr. Augusty worked in the Investment Banking Group at Morgan Keegan & Company. He received his undergraduate degree from the University of Georgia.
taugusty@harbert.net
615.301.6395
John L. Davis
Associate

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.net
615.301.6392
Alyce M. Ory
Director of Administration

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.net
615.301.6398
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
Portfolio
Harbert Mezzanine Partners III, LP
ACTIVE INVESTMENTS
ON-SITE FUEL SERVICE, INC.
Provider of commercial mobile fueling
Brandon, MS
OLIVER STREET DERMATOLOGY HOLDINGS, LLC
Provider of clinical dermatology and pathology lab services
Tyler, TX
ECI MERGER SUB, INC.
Regional commercial staffing company
Shelby, NC
SHARECARE, INC.
Interactive social media platform designed to simplify the search for high-quality healthcare information.
Atlanta, GA
Harbert Mezzanine Partners II, LP
ACTIVE INVESTMENTS
AMS HOLDINGS, LLC
Provider of outsourced back office support solutions for cable operators
Chapel Hill, NC
ATLANTIC COAST MEDIA GROUP, LLC
Develops and markets consumer products
Hoboken, New Jersey
AVITA DRUGS, INC.
Specialty pharmacy of prescription drugs primarily to the HIV/AIDS population
Baton Rouge, Louisiana
BACK YARD BURGERS, INC..
Operator and franchisor of quick service restaurants
Memphis, Tennessee
CAMBRIDGE ADVISORY GROUP, INC.
Provider of employee benefit plans consulting
Prussia, PA
CANDESCENT HEALING, LLC
Developer and operator of comprehensive wound care and hyperbaric oxygen therapy facilities within hospitals
Woodbury, New York
CITY GEAR, LLC
Apparel retailer
Memphis, TN
COCAT HOLDINGS, LLC
Provides property restoration, reconstruction and renovation services
Denver, Colorado
CONTROLLED CONTAMINATION SERVICES HOLDINGS, INC.
Provides cleanroom services
San Clemente, California
DOCTOR’S CHOICE HOME CARE, INC.
Provider of home health services
Sarasota, FL
DIVERSIFIED MACHINE SYSTEMS HOLDINGS, LLC
Manufacturer of high-end computer numerical control high precision machine tools
Colorado Springs, CO
ECI MERGER SUB, INC.
Commercial staffing provider
Shelby, NC
ENDURACARE ACUTE CARE SERVICES, LLC
Provider of therapy program management services for hospitals, outpatient clinics and physician practices
Mobile, Alabama
ENZYMEDICA, INC.a>
Provider of enzyme products
Port Charlotte, Florida
GLOBAL CONNECTION HOLDINGS CORP.
Direct marketing company focused on selling prepaid wireline home phone service
Atlanta, Georgia
GREEN THUMB LAWN & GARDEN, LLC
Professional landscape equipment dealer & service center
Coral Springs, Florida
HIGHWINDS CAPITAL, INC.
Usenet software provider
Orlando, Florida
HOME HEALTH HOLDINGS, INC.
Home health services provider
Denver, Colorado
INTERMOUNTAIN DRILLING SUPPLY CORP.
Distributer and manufacturer of industrial drilling supplies
Salt Lake City, Utah
ISS HOLDINGS, INC.
Supplier of aftermarket parts and services to the vehicle and heavy duty equipment markets
Portland, Oregon
LANDSCAPE SERVICES HOLDINGS, LLC
Provider of infrastructure outsourcing and landscape management services
Denver, Colorado
MICRO PRECISION, LLC
Manufacturer o f locomotive air horns and supplier to the U.S. Navy nuclear submarine program
South Windham, CT
MODUS EDISCOVERY, INC.
Outsourced provider of litigation support services
Charlotte, North Carolina
NARCOTE, LLC
Provider of coated and laminated composite fabrics
Piney Flats, Tennessee
OPTICAL EXPERTS MANUFACTURING, INC.
Provider of CD and DVD replication services
Charlotte, North Carolina
PLASMA SYSTEMS HOLDINGS, INC.
Provider of engineered, ruggedized solutions for the electronics manufacturing industry
San Jose, California
PML EXPLORATION SERVICES, LLC
Provides mud logging services to the exploration and production sector of the US energy industry
Oklahoma City, Oklahoma
QUADRANT, LLC
Provider of electronic database management software
Asheville, NC
QUEST EVENTS, LLC
Provider of event pipe and drape rental
Dallas, TX
STAR PACKAGING, INC. D/B/A MASTER PACKAGING, INC.
Manufacturer of flexible packaging products
Tampa, Florida
SUNBELT CHEMICALS CORPORATION
Custom packager and distributor of branded and private label specialty chemical consumer products
Palm Coast, Florida
TULIP MOLDED PLASTICS CORPORATION
Manufacturer and dristributor of injection molded plastic products for the aftermarket automotive industry
Milwaukee, WI
VOLOGY, INC.
Reseller of new and pre-owned networking and telecommunications equipment
Oldsmar, Florida
Harbinger Mezzanine Partners, LP
ACTIVE INVESTMENTS
ATLANTIC COAST MEDIA GROUP, LLC
Develops and markets consumer products
Hoboken, New Jersey
CAREGIVER SERVICES, INC.
Provides assisted daily living and home health services
Franklin, Tennessee
D&S RESIDENTIAL HOLDINGS, INC.
Operates group homes for the mentally retarded
Austin, Texas
G.A.H.H., LLC
Manufactures OEM quality replacement convertible tops and interiors for the luxury car restoration market
North Hollywood, California
HIGHWINDS CAPITAL, INC.
Usenet software provider
Orlando, Florida
OPTICAL EXPERTS MANUFACTURING, INC.
Provider of CD and DVD replication services
Charlotte, North Carolina
WYNDHAM JADE, LLC
Provides management and planning services for conventions, incentive plans and travel
Plano, Texas
Contact
HARBERT MEZZANINE PARTNERS
618 Church Street, Suite 500
Nashville, Tennessee 37219
Contact:
Jennifer Schanhals
jschanhals@harbert.net
615-301-6400
