Currently managing over $100 million in capital, Independent Bankers Capital Funds ("IBCF") is investing its third licensed SBIC fund. We invest both mezzanine debt and equity in companies to support various transaction types such as acquisitions, buyouts, generational transfer of ownership, and growth capital. Our team has over 100 years of collective middle market experience, strategic vision, a deep network of relationships and the flexibility to create unique financial solutions. We look to partner with successful management teams and equity sponsors. Geography • Focus on Texas and southern US Industries • Light manufacturing • Business services • Value-add distribution • Specialty food • Other basic industries Use of Proceeds • Acquisitions • Leveraged buyouts • Recapitalizations • Growth • Management buyouts • Generational transfers Investment Size • $3,000,000 - $10,000,000 • Co-investments for larger amounts Company Characteristics • Revenue between $10,000,000 and $75,000,000 • EBITDA greater than $1,000,000 • EBITDA margins of 10% or greater • History of consistent, non-cyclical earnings (We don't invest in startups or venture situations) • Proven management team Investment Types • Subordinated debt • Equity