Faraz Abbasi

Tell the ISCP Club a little about yourself and your firm:

Centerfield Capital Partners is a national provider of junior capital to lower middle-market companies. We work closely with equity sponsors, independent sponsors, management teams, and business owners who seek subordinated debt and equity financing to build companies. Typically, the capital we provide is used to finance a change of control transactions, recapitalizations, add-on acquisitions, or growth initiatives.

Over twenty years, Centerfield has made more than 100 investments. We are investing from our fourth fund with commitments of $335 million, and lead investments of $7 to $35 million.

I have been with Centerfield for twenty years. I have served as Chairman or Director of over a dozen privately held and non-profit businesses. At Centerfield, I am responsible for investor relations, overseeing due diligence, structuring and negotiating transactions, and portfolio management. I have a B.S. in Chemical Engineering and an MBA from the Kelley School at Indiana University.

What projects are you currently working on?  

We have had a busy year. Our investment activity continues to be robust. To date, we have closed six deals and have several other platform investments which we anticipate closing in the fourth quarter. The deals we have closed this year have primarily been in healthcare, technology, and consumer products industries. 

What types of deals are you currently looking for?

We typically invest in companies with historical EBITDA of $3-15  million and revenues of $15 - $100 million in the manufacturing, business services, healthcare, and distribution sectors. We back both independent and funded sponsors and are flexible in terms of the sub-debt/equity mix in each investment. We can also bring one of our LP banks alongside us to provide a “one-stop” shop financing for a deal.

Who is your ideal investment partner?

We seek to partner with both independent and funded sponsors. We are looking for partnerships with independent sponsors with a proven track record and ideally sector-specific experience. We can provide most of the institutional capital needs for a transaction but oftentimes ask the independent sponsor to have skin in the game.

Centerfield Capital Partners

Interviews

Deep-dive into the minds of top decision-makers and gain insight into their current projects and ideal investments.

Browse Interviews

 

04/30

Interview: Mark Hauser, Tamarix

04/30

Interview: Drew Brantley, Firsch Capital Partners

04/30

Interview: Mark Tedford & John Sheffield, Valley Ridge Capital Partners

01/14

Interview: Scott Merkle, SLB Capital Advisors

12/21

Interview: Nick Russell, Tuckerman Capital

12/08

Interview with Doug Song, Prodos Capital

11/13

Interview: Faraz Abbasi, Centerfield Capital Partners

09/15

2020 Independent Sponsor Special Report COVID-19 Weathering The Storm

09/07

Interview: Carr Preston, Managing Director, Akoya Capital Partners

08/31

Interview: Jeff Gonyo, Managing Director, Geneva Glen Capital 

08/24

Interview: Brett A. Hickey Chief Executive Officer & Investment Committee Member, Star Mountain Capital

08/11

Interview: Eric Korsten, Branford Castle Partners, LP

08/11

Interview: Chris Sheeren, Longhouse Partners

07/01

Interview: David Acharya, Partner with AGI Partners

07/01

Interview: Patrick Floeck, Principal with Valesco Industries

06/01

Tips on how to be successful in the independent sponsor space.

05/25

What are the Pros / Cons of a deal by deal vs a portfolio based structure?

05/22

Trends on the independent sponsor market at large?

05/22

What are some of the trends you are seeing in the independent sponsor market?

05/21

Trends in the independent sponsor market.

05/21

What are some best practices to getting deals done?

05/20

What are some of the trends with the independent sponsor model?

05/19

Why is the independent sponsor model attractive to investors?

05/18

Why is the independent sponsor model attractive to investors? Part 2