Restance, Inc. (OTCPK:ANCE)
Restance, Inc. is a private equity and mezzanine firm specializing in acquisitions, management buyouts, structured recapitalizations, buyouts of small-to-medium size companies, public-to-private transactions, consolidation, and distressed (turn-around) opportunities to late-stage companies. The firm also specializes in asset-based financings in real estate, construction, project, and other cash flow pledged credit, structured solutions; corporate credit in the form of senior secured, unsecured, distressed, mezzanine and convertible; providing debt and equity capital, and capital formation for expansion and/or industry consolidation. The firm typically invests in insurance and reinsurance, consumer businesses, power and energy focusing on upstream and midstream asset development in the oil and natural gas industry, project development in the renewable energy industry, and wine sectors. The firm seeks long-term investments with a buy-and-hold strategy. The firm prefers to invest between $25 million and $250 million in its portfolio companies. Restance, Inc.was founded in 2010 and is based in Sparks, Nevada with additional offices in New York, New York; George Town, Cayman Islands; Hamilton, Bermuda; Seattle, Washington; and Wilmington, Delaware.