TMA Webinar: Financing Options for Middle-Market Companies

CHICAGO, Sept. 10 /PRNewswire/ -- Vibrant middle-market businesses are a likely antidote for a slack economy but companies earning revenues of $25 million to $250 million still struggle to obtain financing to expand and hire workers. At the next Turnaround Management Association webinar, lenders will discuss the state of middle-market financing, including sources and availability of capital, and options for companies that may only appear to be bad risks because of current market conditions.

The hour-long teleconference, "Current Trends in Middle Market Financing" will take place Tuesday, September 14, from noon to 1 p.m. Eastern.

Moderator Ronald A. Kahn, managing director, Lincoln International LLC, Chicago, leads the firm's Debt Advisory Group. He advises corporate and private-equity clients on structuring financing for acquisitions, leveraged buyouts, mergers, and restructurings and has worked with manufacturing, distribution, and service companies in various industries. Kahn has chaired a prominent national conference on mezzanine finance for the past decade.

Panelists are:

• L. Thomas Gregory, managing director, Maranon Capital LP, Chicago, has more than a decade's experience in private equity and a restructuring pedigree that includes leading turnarounds and restructuring middle-market companies for 15 years. He has shepherded investments in leveraged buyout transactions totaling more than $5 billion in enterprise value.
• Phillip Kain, managing director, Fifth Third Bank, Chicago, leads the bank's Structured Finance Group. Since 2009, Kain and his team have funded 25 new transactions amounting to more than $350 million in credit commitments. Most involve leveraged buyouts of middle-market companies with private-equity firms and mezzanine lenders.
• Edward H. Ross, managing partner, Fidus Partners, Charlotte, North Carolina, cofounded the merchant bank and previously served as managing director of the Chicago office of Allied Capital Corp., a publicly traded business development company with about $4.5 billion in assets used for debt and equity investments in middle-market companies.

The Turnaround Management Association (www.turnaround.org) is the only international non-profit association dedicated to corporate renewal and turnaround management. With international headquarters in Chicago, TMA has more than 9,000 members including turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

SOURCE Turnaround Management Association