Banyan Mezzanine Funds

Banyan Mezzanine Fund, L.P. is a private equity firm established in 2002, focused on providing mezzanine capital to smaller middle-market companies, primarily in the Southeastern United States, with a concentration on Florida, South Carolina, Georgia, and Alabama. The firm specializes in mezzanine, buyout, and recapitalization investments, typically targeting companies with annual sales between $5 million and $100 million and EBITDA ranging from $1.5 million to $10 million. Banyan invests between $0.5 million and $8 million in equity and $3 million to $8 million in subordinated debt, often structured with attached warrants for common equity. The firm does not engage in investments related to startups, turnarounds, real estate development, oil and gas operations, or direct lending. Banyan seeks to partner with companies that have seasoned management teams in growing industries, using its capital to support growth, acquisitions, and management buyouts while providing additional strategic management advisory services.

Daniel F. Campana

Associate

Christian M. Chibras

Principal

Past deals in Alabama

EnviroVac

Debt Financing in 2009
Founded in 1999 and headquartered in Savannah, GA, EnviroVac is a provider of industrial cleaning and maintenance services, with projects ranging from routine plant maintenance, utilizing high-pressure washing equipment and vacuum trucks, to planned plant outages. The Company operates in the Southeast and Gulf Coast regions, with 10 locations serving customers throughout Alabama, Georgia, Mississippi, North Carolina and South Carolina, among other states. EnviroVac serves the pulp and paper, chemical, steel, oil and gas, power and other industries.

Emerald Waste

Debt Financing in 2008
Emerald Waste Services, LLC provides solid waste collection, recycling collection, and disposal services for commercial, residential and construction markets in Mississippi, Alabama, and Florida. It owns and operates landfills, transfer stations, and hauling companies that offers landfill services, such as landfill closure and landfill remediation services; front load dumpster services; residential solid waste and recycling services; roll off services; and recycling services. The company also provides leadership in energy and environmental design services. Emerald Waste Services, LLC was formerly known as Waste Recyclers Holdings, LLC and changed its name to Emerald Waste Services, LLC in June 2006. The company was founded in 2006 and is based in Freeport, Florida with additional offices in Freeport, Panama City Beach, Pensacola, Gainesville, and Orange City, Florida. It has landfill and disposal locations in Gulf Shores, Alabama; Blountstown, Crestview, Southport, West Bay, Defuniak Springs, Port Saint Joe, and Panama City Beach, Florida; and Moss Point, Mississippi.