Investment Criteria

• Salem Halifax invests primarily in management and leverage buyouts, acquisition financing, and growth funding in companies with a minimum of $1.5 million of EBITDA, $10-75 million of revenue, a strong growth outlook, and a dedicated management team.
• Typical investment ranges from $2 million to $10 million - SHCP often co-invests with some of its strategic investment partners for those transactions requiring larger amounts of capital.
• Capital is invested as subordinated, mezzanine debt with warrants, although alternative structures including preferred and common equity will be considered.
• The subordinated debt will carry a current coupon, with principal repayment beginning either immediately, or some date in the future, and is based on an amortization schedule that is flexible based on the company's needs.
• Investments typically have a time horizon of five years.