Investment Strategy

Debt and equity investments across control and non-control transactions

A flexible investment mandate

What makes us different? The flexibility of our investment mandate stands out for management teams and co-investors. We evaluate both control and non-control transactions and can invest in a range of securities, including equity, subordinated debt, or some combination of the two. Unlike many other firms, there is no set formula for the equity/debt split. The result? A customized capital structure for each situation.

Transaction Types

Control Transactions
We take a majority stake in the company and serve as the financial sponsor:
  • The typical structure includes a one-stop junior capital solution composed of an equity and subordinated debt investment by BBH.
  • This is an attractive option to owner-operators focused on the certainty of close that comes with one junior capital provider.

 

Minority/Non-Control Transactions
We are the lone institutional investor with a minority stake in an owner-operated business, otherwise a significant minority investor in a business with institutional investors seeking an additional financial partner:
  • We typically structure investments as straight preferred or common equity, or some combination of equity and subordinated debt.
  • Our investments are ideal for family-owned or privately held businesses in need of capital but seeking to retain economic control.
 
Partnering with Operating Executives or Other Investors
  • We provide a mix of equity and subordinated debt to a family investment office or fundless sponsor with an existing portfolio company or new investment opportunity that requires a primary capital provider.
  • We back executives with capital to complete a management or leveraged buyout of a business identified by the executive or us.

In minority/non-control transactions and when partnering with operating executives or investors, our capital supports management buyouts, growth, recapitalizations, venture-backed companies whose investor base may have varying liquidity goals, or investors seeking capital for partial liquidity and/or growth.

Contact Us

This communication is for informational purposes only.  The information herein has not been based on a consideration of any individual investor’s circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal or regulatory advice.  Individuals should consult their personal tax, accounting and legal advisers regarding any potential investment or strategy.  Any views and opinions are subject to change at any time.

This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized to do so.

Investment Advisory Products and Services:

NOT FDIC INSURED   NO BANK GUARANTEE    MAY LOSE VALUE

As of June 15, 2022 Internet Explorer 11 is not supported by BBH.com.

Important Information for Non-U.S. Residents

You are required to read the following important information, which, in conjunction with the Terms and Conditions, governs your use of this website. Your use of this website and its contents constitute your acceptance of this information and those Terms and Conditions. If you do not agree with this information and the Terms and Conditions, you should immediately cease use of this website. The contents of this website have not been prepared for the benefit of investors outside of the United States. This website is not intended as a solicitation of the purchase or sale of any security or other financial instrument or any investment management services for any investor who resides in a jurisdiction other than the United States1. As a general matter, Brown Brothers Harriman & Co. and its subsidiaries (“BBH”) is not licensed or registered to solicit prospective investors and offer investment advisory services in jurisdictions outside of the United States. The information on this website is not intended to be distributed to, directed at or used by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Persons in respect of whom such prohibitions apply must not access the website.  Under certain circumstances, BBH may provide services to investors located outside of the United States in accordance with applicable law. The conditions under which such services may be provided will be analyzed on a case-by-case basis by BBH. BBH will only accept investors from such jurisdictions or countries where it has made a determination that such an arrangement or relationship is permissible under the laws of that jurisdiction or country. The existence of this website is not intended to be a substitute for the type of analysis described above and is not intended as a solicitation of or recommendation to any prospective investor, including those located outside of the United States. Certain BBH products or services may not be available in certain jurisdictions. By choosing to access this website from any location other than the United States, you accept full responsibility for compliance with all local laws. The website contains content that has been obtained from sources that BBH believes to be reliable as of the date presented; however, BBH cannot guarantee the accuracy of such content, assure its completeness, or warrant that such information will not be changed. The content contained herein is current as of the date of issuance and is subject to change without notice. The website’s content does not constitute investment advice and should not be used as the basis for any investment decision. There is no guarantee that any investment objectives, expectations, targets described in this website or the  performance or profitability of any investment will be achieved. You understand that investing in securities and other financial instruments involves risks that may affect the value of the securities and may result in losses, including the potential loss of the principal invested, and you assume and are able to bear all such risks.  In no event shall BBH or any other affiliated party be liable for any direct, incidental, special, consequential, indirect, lost profits, loss of business or data, or punitive damages arising out of your use of this website. By clicking accept, you confirm that you accept  to the above Important Information along with Terms and Conditions.

 
1BBH sponsors UCITS Funds registered in Luxembourg, in certain jurisdictions. For information on those funds, please see bbhluxembourgfunds.com



captcha image

Type in the word seen on the picture

I am a current investor in another jurisdiction