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Office Locations:
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110 Park Avenue
Greenwich, CT 06830
Phone: 203-661-0290
Fax: 877-472-2740
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Information Technology
Software & Internet
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Boone Opportunity Lenders is an opportunistic, cash flow lender to high-growth public and private companies in need of time-sensitive capital. Founded in 2007 and managed by Randall P. Stern (who previously co-founded and managed a special opportunity fund with a similar strategy), Boone is backed by institutional investors and brings a hybrid approach to early-stage financing. Boone does not finance start-ups or companies which are not yet profitable. Boone Lenders is a resource for software and technology-based solution providers, as well as service-related businesses in need of growth capital that may be non-bankable because of billing practices, limited historical profitability, or simply outstretched ABL formulas. Boone targets companies with EBITDAs of less than $7 million and located in North America. The firm invests $1-$10 million in a variety of industries, but does not invest in start-ups or real estate. The firm concentrates on lower/middle-market companies with EBITDA over $1MM.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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COMPANY STAGE | REVENUE |
Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
Early Stage | Minimal Revenue |
Growth Stage (also called Mid-stage) | $2M-$7M |
Expansion Stage (also called Late-stage) | $7M and greater |
Private Equity | |
Lower Middle Market | $10M-$249M |
Middle Market | $250M-$499M |
Upper Middle Market | $500M-$1B |
Large Cap | >$1B |
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