The Importance of Understanding the Waterfall of the Economics

On this episode of Investors & Operators, Jordan sits down with Drew Brantley, Managing Director of Frisch Capital Partners. Together, they go deep into all things independent sponsors:

• The different types of independent sponsors
• How (and why) to develop a thesis 
• How much cash should an independent sponsor have before closing on its first deal 
• “How much do I have to put into this? Does it have to be my cash?”
• How do independent sponsors get paid (a very detailed calculation)

...and so much more.

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Drew is a serial entrepreneur having started 5 businesses, sold a few and still owns some. He knows what it’s like to be in your shoes. He sees the Independent Sponsor model as the method executives and industry experts can take to own and run already established businesses. He now dedicates his career to helping individuals buy companies, find greater success and live life on their own terms.

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Since 1996, the dedicated team of finance professionals at Frisch Capital Partners (FCP) have raised over $1 Billion of capital from lenders, private equity shops, family offices, etc. for its Independent Sponsors clients to buy companies in the middle market. In addition to raising capital for Independent Sponsors' acquisitions, FCP offers creative strategic advice for refinancings and other unique transactions.