Banyan Mezzanine Funds

Banyan Mezzanine Funds was founded in 2002 to provide mezzanine capital to smaller middle-market companies headquartered primarily in the Southeast. Mezzanine capital is used to supplement a company’s debt capacity beyond banks’ credit limitations and is a substantially cheaper and less dilutive alternative to equity financing. Banyan Mezzanine Fund, L.P. was founded in 2002 to provide mezzanine capital to smaller middle-market companies headquartered primarily in the Southeastern United States. Mezzanine capital is used to supplement a company’s debt capacity beyond banks’ credit limitations and is a substantially cheaper and less dilutive alternative to equity financing. With over $250 million of committed capital from Fund I (2004) and Fund II (2007), we can provide financing of approximately $2 million to $8 million to companies which meet our investment criteria, generally structured in the form of subordinated debt with attached warrants (for the future purchase of common equity). Banyan can also arrange larger financings through its partners or affiliations with other firms. Such financings are typically used for growth expansion, acquisitions, recapitalizations and management buyouts. Banyan’s focus is on companies with seasoned management teams, revenues greater than $5 million, profitable high margin operations and in growing industry segments. We will not invest in start-ups, turn-arounds, or in real estate development, oil and gas operations or direct lending businesses. We strive to contribute beyond the capital we provide to our clients, by entering into a close partnership arrangement with management teams coupling high integrity with a desire to build substantial enterprise value. We expect to be active following the financing, making available our extensive corporate finance, lending and strategic management advisory experience.
DF

Daniel F. Campana

Associate

CM

Christian M. Chibras

Principal

JD

James Davidson

Managing Partner

RS

Richard Starke

Managing Partner

MS

Michalis Stavrinides

Managing Partner

Past deals in North Dakota

Crispers

Venture Round in 2011
Crispers is a Lakeland, Florida based chain of fast casual restaurants with an emphasis on health-conscious fare and a menu that consists mainly of salads and sandwiches.

City Gear

Debt Financing in 2012
CITY GEAR, LLC operates men's apparel, footwear, and accessories retail stores. The company offers tops, bottoms, hats, and socks. The company offers products from brands including Nike, Jordan, Adidas, and Levi’s. The company was formerly known as Shelmar Retail Partners LLC and changed its name to CITY GEAR, LLC in June 2012. CITY GEAR, LLC was founded in 1978 and is based in Memphis, Tennessee. As of November 4, 2018, CITY GEAR, LLC operates as a subsidiary of Hibbett Sporting Goods, Inc..

DataPath, Inc.

Debt Financing in 2004
DataPath manufactures and distributes a range of IT-related products to its clients. DataPath's product portfolio consists of portable satellite terminals, deployable and fixed satellite terminals, and network mobility products. Furthermore, it offers cyber security consulting, managed security, and global field installation to its clients. DataPath was founded in 1996 and is based in Little Rock.

ZeroChaos, LLC

Debt Financing in 2004
ZeroChaos is a workforce consultancy of unbiased, 100% transparent contingent workforce solutions. We’re not associated with any staffing company, we have no conflicts of interest, so our singular goal is your operational excellence. ZeroChaos pricing is open-book, our delivery platforms are web-enabled, and our customer-centric services ensure that your company reaps significant cost savings…with, of course, zero chaos.
Sure Shot Directional Drilling is a privately held company know for installation and replacement of pipes or cables under existing infrastructure.

Vology, Inc.

Debt Financing in 2011
Ranked in the Inc. 5000 list of fastest growing private companies in the US since 2006, Vology is a leading global technology solutions provider that serves tens of thousands of customers across every state and more than 50 countries. Vology has a unique offering called Hybrid SuperVAR:tm:, which is a mix of services and products that provides a complete range of professional, managed and asset disposition services with a combination of new and certified pre-owned products. It also encompasses hyper-responsive customer service by technically knowledgeable people, and operational excellence in warehousing logistics, integration and configuration. Vology has one of the largest inventories of certified pre-owned Cisco, Avaya/Nortel and other top brands. The company is also authorized at the highest levels to sell Juniper, Brocade, ShoreTel, Citrix, HP, Aruba, VMWare, Dell, Microsoft and Gencom solutions. Vology and its professional services division, Bayshore Technologies, are headquartered in Tampa Bay, Florida with offices in Austin, Oklahoma City, Sacramento and Syracuse. For further information, please visit www.vology.com

NewKota Services and Rentals, LLC

Debt Financing in 2014
NewKota Services and Rentals, LLC provides rental fleet and steam unit fleet services. The company offers open top tanks with tandem diffusers, steam units, drive over pipe ramps, and light towers and generators, as well as rig/equipment and interior tank cleaning services. It serves oil fields in North Dakota. The company was founded in 2011 and is based in Minot, North Dakota.

Monomer-Polymer and Dajac Labs

Debt Financing in 2008
Monomer-Polymer and Dajac Labs, Inc. develops, manufactures, and supplies technical monomers, and related polymers and copolymers. Its products include acrylates, methacrylates, fluorinated products, silanes, siloxanes, acids, alkenes and vinyls, amines, anhydrides, epoxides, glycols, hydroxyls, and styrenics. The company also provides initiators and crosslinkers, such as synergists, epoxies, oligomers, reactive surfactants, protective colloids, and others; and specialty chemicals, including organic intermediates, diagnostic chemicals, food additives, and pharmaceutical products. In addition, it offers custom synthesis contract research services for compounds; and chemical process development, piloting, custom chemical, and toll manufacturing services to end users employing chemical compounds and other formulation needs in their products. The company’s products are used in dental, ophthalmic, ultra-high purity, refractive index, epoxy, adhesive, coating, water soluble, and conducting applications/properties. It serves startups and multi-national chemical companies in various industries, including medical devices, coatings, adhesives, dental resins, and academic research and development. Monomer-Polymer and Dajac Labs, Inc. was founded in 1978 and is based in Ambler, Pennsylvania.

bb7, LLC

Debt Financing in 2014
BB7 is an elite team of super-developers saving businesses one product development cycle at a time. Unparalleled brainpower is their secret weapon in the fight to execute profitable product strategies. With a dizzying array of diverse capabilities under one roof, their cross-functional teams join forces to attack product development projects with creative and technical strengths available nowhere else. We’re a trusted product development partner who can tackle any problem, launch your products and guide you to victory.

Baskins

Debt Financing in 2009
Baskins is a regional retail chain of Western, Work and Weekend Wear stores.

PRO EM

Debt Financing in 2009
Pro EM is a leading provider of party rental equipment and services. The company is a market leader in the Southwest and the 9th largest provider in the U.S. The company is headquartered in Phoenix, Arizona.

Waples Manufacturing

Debt Financing in 2014
Waples Manufacturing, Inc. provides precision machining and fabrication products and solutions. The company offers robotic lights-out manufacturing, computerized numerical control (CNC) milling, CNC turning, CNC mill turn, metrology, coating and metal finishing, and materials. It also provides Machining work, such as shafts, rollers, pulley’s, castings, plastics, valves, fittings, base plates, oil and gas tools, assembly, welding, and kitting. The company serves aerospace, industrial, military, oil and gas, and material handling industries. Waples Manufacturing, Inc. was founded in 1964 and is based in Fort Worth, Texas.

Magnuson Products

Debt Financing in 2010
Magnuson Products, LLC manufactures and distributes hybrid roots type superchargers for the automotive aftermarket industry worldwide. It offers supercharger kits, supercharger systems, and superchargers for trucks. The company offers its products through dealers. Magnuson Products, LLC was founded in 1970 and is based in Ventura, California.

Pinnacle Exhibits, Inc.

Debt Financing in 2012
Pinnacle Exhibits, Inc. designs and builds brand spaces. The company creates brand spaces for trade shows, press events, product launches, permanent installations, exhibits, pop up shops, and marketing activations. Pinnacle Exhibits, Inc. was founded in 1998 and is based in Hillsboro, Oregon with additional locations in Portland, Oregon; Chicago, Illinois; and Morgan Hill and Irvine, California.

VIOlife

Private Equity Round in 2013
Violife Inc. manufactures oral care products. It offers toothbrush sanitizers, replacement heads, personal misting humidifiers, ultraviolet travel sanitizers, ultraviolet germicidal bulbs, toothbrushes, and UV dental spa AC adapters. The company sells its products through stores, such as independent pharmacies, gift shops, and other specialty retailers, as well as online. Violife Inc. was founded in 2004 and is based in Yonkers, New York.

Mob Scene

Private Equity Round in 2014
Mob Scene is a creative destination with a passionate and collaborative environment that inspires imagination, cultivates top talent and delivers premium service.

Renren Kuaidi

Series A in 2014
Renren Kuaisong (formerly Renren Kuaidi) is a crowdsourced delivery system. Renren Kuaisong, which literally translates to “Everyone Express,” let’s anyone who meets the eligibility requirements sign up to be a courier. Those requirements include real-name authentication, binding a bank card, a smartphone with a phone number, and a photo. Couriers can choose to deliver packages by bike, scooter, car, bus, or even on foot.

Shooger

Debt Financing in 2013
Shooger is a full-service, mobile marketing platform that enables merchants to connect with smartphone-savvy consumers. Shooger, the most advanced mobile advertising and loyalty platform in the industry, uses hyper-relevant, geo-marketing, and real-time Mobile Notifications to ensure that customers are sold before they enter a place of business. At our core essence, we help local merchants compete, grow and thrive. And we do it by mobilizing a generation of consumers predisposed to conducting their lives through smartphones. Its pretty simple, we help people connect to local merchants; and we make it easy for them to share their experiences with their friends. We're not about one time transactions like deal providers. We're different- we build long term relationships with the merchants we serve.

Perceptics

Debt Financing in 2006
Perceptics LPR technology uses multiple techniques that can often help our cameras capture maximum data despite certain license plate imaging challenges that may defeat other systems. Our proprietary process can alter the spectral power distribution of the illumination based on traffic to maximize the contrast between the characters and the background. Even certain efforts to block LPR reads cannot evade our system. Simply put: If the human eye can read it, our imagers can read it. That means you start with more complete data, even before it reaches the OCR engine for interpretation.

EOIR Technologies

Debt Financing in 2009
Since its inception in 1981, EOIR Technologies has provided system design and development, systems integration, program management, intelligence solutions, and technical training for a range of military and intelligence agencies. EOIR’s programs are staffed with the most highly talented men and women who are ensuring the United States is the most technically sophisticated military and intelligence organization in the world. From researching and discovering new technologies, to developing prototypes of sensor systems, to training personnel how to operate state-of-the-art equipment, EOIR plays a key role in the activities of the United States military. We support the men and women protecting our freedom, because at EOIR Technologies that is the way we serve.

Emerald Waste Services, LLC

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.

American Biosurgical

Private Equity Round in 2007
American Biosurgical, LLC designs, engineers, and manufactures medical cable interconnects for surgical, patient monitoring, and diagnostics imaging applications.The company was formerly known as ABI Acquisition Holdings, LLC and changed its name to American Biosurgical, LLC in 2007. American Biosurgical, LLC was founded in 1996 and is based in Norcross, Georgia with a manufacturing facility in Dong Guan, China; distribution facilities in Atlanta, Georgia; and Los Angeles, California.

GLOBAL CONNECTION HOLDINGS

Debt Financing in 2008
Global Connection Inc. of America, a local exchange carrier, provides prepaid home telephone services. It specializes in providing government-subsidized phone services to qualified customers. The company offers local and long distance phone services for low income consumers, as well as provides high speed dial-up Internet services. It offers its services through retailers and grocery stores in the United States. The company was founded in 1998 and is based in Atlanta, Georgia.

TowerComm

Debt Financing in 2009
TowerCom Structural analysis and modification drawings, foundation design, site design and power analysis is all part.

Gowanda Electronics Corporation

Debt Financing in 2011
Gowanda is a specialty electronic component designer and manufacturer that focuses on the defense and medical device sectors.

Rio Ranch Markets

Seed Round in 2015
Rio Ranch Markets owns and operates a chain of supermarkets in Southern California. It offers fruits and vegetables, meat products, seafood products, bakery products, homemade tortillas, tostadas, and chips. The company also provides prepared foods, such as dishes, grilled chicken, carne asada, tamales, tacos, burritos, and tortas, as well as catering services. It has store locations in San Bernardino, Riverside, Chino, Perris, Banning, and Fontana, California. The company was founded in 1983 and is headquartered in Fontana, California.

Sparkling Pool Services, Inc.

Venture Round in 2011
Sparkling Pool Services, Inc. provides swimming pool contracting services in New Jersey, Eastern Pennsylvania, Delaware, and Northern Maryland. It offers commercial swimming pool management, swimming pool maintenance and repair, pool plastering and pool resurfacing, and new construction services. The company also provides lifeguards to condominium associations, apartment complexes, retirement communities, and homeowners associations. Sparkling Pool Services, Inc. was founded in 1991 and is based in Windsor, New Jersey.

Baskins

Debt Financing in 2009
Baskins is a regional retail chain of Western, Work and Weekend Wear stores.

Discovery Outsourcing

Debt Financing in 2010
Discovery Outsourcing is one of the most sought-after Colorado companies in the employee management arena because we enhance the lives of our clients and their employees. We consistently exceed customer service expectations (you’ll always speak to a person when you call us), and offer pricing that is a fraction of the cost you will obtain on your own. And that's just the start of What's Different About Us. We act as a buffer between you and insurance companies, benefits providers, employee-related vendors, and when appropriate, your employees. One of the best reasons to partner with Discovery Outsourcing is peace of mind. Who wouldn’t rather view their employees as assets instead of expenses and liabilities? Many small businesses try to keep up with employee management and end up feeling overwhelmed. Outsourcing HR is the best solution long-term because of the savings. Outsourcing HR offers enormous advantages in helping you control costs, while offering more employee benefits and administrative/regulatory expertise than any small company could otherwise afford. We free you from administrative hassles so that you can concentrate on running your business while still retaining complete control of the company and the work of your employees

codeMantra U.S. LLC

Debt Financing in 2013
For more than a decade, codemantra has been at the forefront of increasing the value of digital documents. By leveraging the proprietary platforms coupled with the latest AI and machine learning techniques, it has consistently delivered high-quality solutions and services to over 300 publishers, financial institutions, public sector organizations, and NGOs. codemantra ensures compliance and accessibility of the digital documents.

ScooterBug

Debt Financing in 2010
ScooterBug, Inc. provides mobility, custom fleet, and guest service programs to entertainment venues and customers. It offers scooters-electric convenience vehicles, single and double strollers, wheelchairs, and resort chairs. The company also provides repair and maintenance services. In addition, ScooterBug, Inc. leases or rents its mobility devices online. The company serves leisure and entertainment industries, including theme parks, zoos, malls, casinos, resorts, convention centers, resorts, and other destination locations in the United States, Canada, Mexico, Europe, and Asia. ScooterBug, Inc. was founded in 1993 and is based in Orlando, Florida with a warehouse and operations center in San Diego, California. As of August 5, 2014, ScooterBug, Inc. operates as a subsidiary of Best Lockers, LLC.

Silverchair

Debt Financing in 2007
Silverchair is changing the way scientists, doctors, and researchers discover and use expert information by delivering distinctive online sites and products from their clients’ unique content.Silverchair works with some of the most accomplished names in scholarly and professional information, spanning the worlds of commercial publishing, professional societies and associations, governmental agencies, and academic medical centers.They strive to be the most creative, dynamic, effective, and sought-after product development partner to the scholarly and professional knowledge community worldwide.

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.

SST Conveyor

Debt Financing in 2014
SST Conveyor is a designer and manufacturer of specialized conveyor system components serving the material handling, distribution, and conveyor systems integration markets.

Bay West LLC

Seed Round in 2013
Environmental remediation, industrial cleaning, waste management, commercial diving, marine construction, and emergency response services.

Sekai Electronics

Debt Financing in 2014
SEKAI is a recognized pioneer in the application of VCR's and airborne video cameras, and has provided video products and systems for new and "retrofit" programs on military and commercial aircraft, RPVs and helicopters. Their products are currently flying on the Space Shuttle, Boeing 777, HH-60 Blackhawk, B-2, F-18 and other aircraft. Because their application knowledge and experience covers the entire spectrum of military and commercial aerospace, we're up-to-date on new and pending aerospace programs, unique technical requirements, and special applications.

Decton Inc.

Seed Round in 2015
Decton Staffing Services is a staffing and recruiting company that provides administrative, construction, and healthcare staffing solutions.

Ghurka

Debt Financing in 2014
Ghurka Trading & Design LLC manufactures, distributes, and retails leather goods and accessories for travel, home, and the sporting life. The company was founded in 1975 and is based in New York, New York.

Care Finders Total Care

Debt Financing in 2014
Care Finders, LLC is a in-home care agencies in New Jersey providing home healthcare services to over 3700 patients throughout the state from 9 offices. Care Finders was founded in 1995 and is licensed and accredited by the Commission on Accreditation on Home Care (CAHC). It employs over 3000 Certified Home Health Aides and over 40 Registered Nurses and LPNs.
Solesbee's Equipment & Attachments LLC operates as an industrial equipment supply company.

Burlington Technologies, Inc.

Debt Financing in 2012
Burlington Technologies, Inc. designs, manufactures, and markets decorative fabric woven products for home furnishings, hospitality, and contract market segments. Its fabric products are used in upholstered furniture, drapery, mattresses, bedding ensembles, and panel systems, as well as seating for office, stadium, and religious environments. The company also engages in selling commission and yarn package dyeing services for home furnishings, apparel, and industrial textile market segments. Burlington Technologies, Inc. was founded in 2007 and is based in Burlington, North Carolina.

TruConnect

Debt Financing in 2012
TruConnect is a nationwide wireless service provider that is committed to making your communication needs more flexible and affordable. They believe that affordable services should be available for everyone, so they offer Lifeline and Pay-As-You-Go, plans built for your life. Click here to choose the plan that's right for you.

Burrow Construction

Debt Financing in 2011
Burrow Construction LLC manufactures and distributes pole barn building materials and accessories. The company offers wood products, such as standard and custom-designed trusses, solid posts, nail laminated posts, and glue laminated posts; and metal roofing, siding, and trim products, such as steel panels and trims, custom trims, guttering profiles, and metal products for residential project applications. It also provides post-frame accessories, including windows, doors, ventilation products, horse stall systems, guttering products, post protectors, and fasteners and closures. Burrow Construction LLC was founded in 1984 and is based in Fort Gibson, Oklahoma.

Mob Scene

Debt Financing in 2014
Mob Scene is a creative destination with a passionate and collaborative environment that inspires imagination, cultivates top talent and delivers premium service.

Integrated Aerospace

Seed Round in 2014
Integrated Aerospace is a sole-source supplier of landing gear products for small aircraft including U.S. military helicopters, fighter aircraft, business jets and unmanned aerial vehicles (UAVs). Examples include the F/A-18 Hornet and Super Hornet and the UH-60 Black Hawk. The company is also the technology leader in external fuel tanks for fighter aircraft and helicopters.

TEGRIS

Venture Round in 2000
TEGRIS was founded in 1994 with a mission to deliver the latest technology available to the real estate brokerage market. They have continually broadened our product and service offering, and today offer the industry's most powerful set of business technology solutions for real estate professionals. These include advanced broadband network systems bundled with industry focused content, application hosting services and a real estate enterprise portal system. We have grown rapidly and today operate in key markets nationally.

Mogujie

Series D in 2014
MOGU is an consumer platform aimed towards women, achieved through e-commerce, social media, influencers and content driven services. Their content covers all areas of the fashion world and they have a huge range of age groups and interest covered through their numerous apps and platform. MOGU Inc. is a destination of fashion. With various kinds of fashion content and abundant fashion products, MOGU Inc. allows people to discover and share fashion trends while fully enjoying high-quality shopping experience. In 2011, MOGU Inc. launched fashion platform under the Mogujie brand . In 2016, the merger of Mogujie and Meilishuo was completed.Currently, MOGU Inc.'s online platform includes Mogujie.com and Meilishuo.com websites, mogujie mobile app, Meilishuo mobile app, Uni mobile app and several WeChat Mini programs.

Intermex

Debt Financing in 2004
Intermex is a processor of money transfer services in the U.S. to Latin America corridor. When it comes to money remittance services, Intermex is a leader you can trust. With a state-of-the-art system, and a network of more than 30,000 payer locations, the company offers services in 45 states and in 16 Latin American countries. Computer and telephone-based options are available for convenient wire transfers.