
ACME Introduces Credit-Focused Strategy for Lower Mid-Market Opps
ACME Credit Partners LLC, a newly launched New York-based credit-focused investment firm, is set to provide liquidity services to the lower middle market.
The firm aims to provide solutions for complex, stressed situations and out-of-favor sectors, investing in cashflow and asset-backed type financings.
ACME will support a wide range of liquidity events such as working capital financing, growth capital, restructurings, leveraged buyouts, add-on acquisitions, rescue capital, DIPs and exits.
Led by former managing directors at Cerberus Capital Management Peter Eschmann and Jay Rogers, along with industry veteran Charles Widger, the firm will provide senior secured structures from $10 million to $150 million to non-sponsor and sponsor-backed companies with $5 million+ EBITDA through term loans, last-out tranches, revolvers and bridge loans.
“We believe there is an exciting future for the private credit markets, and we expect our innovative approach of opportunistic investment strategies to be beneficial to our partner companies and investors regardless of market conditions,” said Eschmann.