November 30, 2020
GMB Capital Partners, a private credit and equity investment firm, is pleased to announce the final close of GMB Mezzanine Capital IV and second close of GMB Mezzanine Capital IV – Parallel.
Minneapolis, MN – GMB Capital Partners (“GMB”) is pleased to announce closings for its fourth and fifth middle-market focused, direct credit investment funds, GMB Mezzanine Capital IV (“GMB IV”) and GMB Mezzanine Capital IV – Parallel (“GMB IV Parallel”). GMB IV is licensed by the U.S. Small Business Administration as a Small Business Investment Company—the fourth fund formed and managed by GMB. GMB IV Parallel, 2020 vintage, will invest alongside GMB IV as well as in bespoke independent deals.
GMB exceeded its target size for GMB IV with a growing and diversified mix of limited partners, including family offices, regional and national banks, insurance companies, and large institutional investors. Today, GMB actively manages more than $650 million, including over $375 million of committed capital in GMB IV and GMB IV Parallel.
In each investment, GMB seeks to invest $3–30 million via debt and non-control equity in growing companies across North America. GMB’s debt investments include subordinated, second lien, first lien last out, as well as unitranche securities. The firm partners with top-tier private equity and independent sponsors in buyout transactions, growth capital and acquisition financing, and debt and equity recapitalizations across a broad range of industries in the lower and middle markets.
“We are pleased to announce the final close of GMB IV and initial closings of GMB IV Parallel in 2020. We will continue our consistent, proven investment strategy of investing in high quality companies and management teams,” commented Cully Olmanson, Managing Partner. “Of course, we are proud of the track record we have generated for all our previous funds and equally as proud of the strong relationships we have developed with our LP and sponsor communities.” GMB’s investment team has been active in direct credit since 2004, investing in a wide range of businesses, transaction types and capital structures across multiple business cycles.
About GMB Capital Partners
GMB is a leading provider of direct credit and equity to lower- and middle-market companies nationwide. Since 2004, the firm has invested more than $1 billion across more than 100 platforms. Consistent with the founders’ experience in direct credit since the 1980s, GMB has executed a consistent investment strategy that has generated attractive risk-adjusted returns to investors over the past 16 years. GMB’s seasoned team is headquartered in Minneapolis, MN with an additional office in Raleigh, NC. Additional information about GMB Capital Partners can be found at www.gmbcapitalpartners.com.
Cary B. Nordan Cully Olmanson
Partner Managing Partner