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Sub Markets

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Alternative Assets  + Markets  + Private Debt  | 
ACME Introduces Credit-Focused Strategy for Lower Mid-Market Opps

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.

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ACME Credit Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.