Brightwood provides flexible capital solutions to U.S. based small to medium-sized enterprises (SMEs). We develop lasting relationships with the entrepreneurs and institutions we back, helping to create long-term value.
With over $500 million of assets under management across three funds, Brightwood provides capital to SMEs. We focus on the “lower middle market,” characterized by companies with EBITDA of $5 million to $75 million, and actively seek opportunities across five industry verticals: Technology and Telecom, Energy, Business Services, Healthcare, and Franchising.
Brightwood invests in a variety of debt and equity securities including uni-tranche, senior secured and second lien loans, subordinated debt, and preferred and common equity. On a stand-alone basis, we can provide up to $75 million of financing, and together with co-investors, take positions in excess of $150 million.
In 2010, Brightwood was founded by Damien Dwin, former Head of North American Special Opportunities for Credit Suisse, and Sengal Selassie, former Head of U.S. Merchant Banking Funds for Société Générale and Cowen Capital, to pursue investment opportunities in the under-served lower middle market. In 2011, Brightwood raised its first fund, a Small Business Investment Company, dedicated to this purpose.