Introduction
Lower Middle Market Focus
TCF Capital Funding provides senior secured debt to lower middle
market companies throughout the United States. Products include
cash flow and asset - based loans utilized for growth capital,
acquisitions, buyouts and refinancings.
Our niche is the lower middle market defined as privately held
companies with less than $100 million in sales and EBITDA
between $2 and $10 million. This market focus includes
companies that are owned directly by entrepreneurs and by
private equity sponsors.
Experienced Team
TCF Capital Funding was started in 2012 and we have completed
over 60 transactions with over $750 million in commitments.
Prior to forming TCF Capital Funding, this experienced deal team
worked together for more than five years. During this period, our
team completed more than $600 million in commitments working
directly with companies and also with more than 30 different lower
middle market private equity sponsors nationwide. Today we retain
our long-term commitment and focus on providing leveraged loans
exclusively to the lower middle market.
Products
Our focus is on senior cash flow and asset-based loans with a
typical hold size of $10 to $25 million per transaction. TCF Capital
Funding provides loans to companies for a variety of transaction
structures including:
• Leveraged Buyouts
•Recapitalizations
• Growth Financings
• Acquisitions
• Refinancings
Target Companies:
EBITDA Size:
Loan Size:
Transaction Types:
Industry Focus:
Geography:
$2 million – $10 million
$10 million – $25 million (with syndication
capabilities up to $75 million)
Growth, Buyouts, Recapitalizations,
Acquisitions and Refinancings
Manufacturing, Distribution, and
Service Businesses
National
About TCF Capital Funding
TCF Capital Funding is a division of TCF National Bank. TCF
National Bank is a wholly-owned subsidiary of TCF Financial
Corporation (NYSE: TCB), a Wayzata, Minnesota-based
national bank holding company with $20.7 billion in total
assets at December 31, 2015. TCF National Bank has 375
branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin,
Indiana, Arizona and South Dakota, providing retail and
commercial banking services. TCF, through its subsidiaries,
also auto finance business in all 50 states, and commercial
inventory finance business in the U.S. and Canada. For more
information about TCF, please visit www.tcfbank.com.
Contact Information
Joe Gaffigan
President
Phone: {312} 696-8807
jgaffigan@tcfbank.com
Ed Ryczek
Senior Vice President
Phone: {312} 696-8808
eryczek@tcfbank.com
Thom Karle
Senior Vice President
Phone: {312} 696-8809
tkarle@tcfbank.com
Kevin Nowak
Senior Vice President
Phone: {312} 696-8811
knowak@tcfbank.com
KC Beuker
Senior Vice President
Phone: {312} 696-8810
kbeuker@tcfbank.com
Scott Nielsen
Vice President
Phone: {312} 696-8812
snielsen@tcfbank.com
Andrew Barnes
Vice President
Phone: {312} 696-8825
mbarnes@tcfbank.com
Mike Trojanowski
Officer
Phone: {312} 696-8826
mtrojano@tcfbank.com
Nick O’Brien
Senior Associate
Phone: {312} 696-8823
nobrien@tcfbank.com
Bob Joyce
Senior Associate
Phone: {312} 696-8824
rjoyce@tcfbank.com
Andrew Hendricks
Senior Associate
Phone {312} 696-8828
ahendric@tcfbank.com
Address
71 S. Wacker Dr.
Suite 2110
Chicago, IL 60606
{312} 696-8820
www.tcfcapitalfunding.com
© 2016 TCF National Bank Member FDIC. www.tcfbank.com
Representative Transactions
Borrower
Industry
TCF Facility
Provides maintenance, repair and
overhaul services for aircraft propeller
systems and blades.
$15,500,000
Provides non-billboard, alternative,
out-of-home advertising products at
high-traffic locations across the U.S.
$16,000,000
Provides narrow-body commercial aircraft
maintenance, repair, overhaul, disassembly
and storage on a 23 acre parcel at Tucson
International Airport.
$7,000,000
Manufactures and services air filtration products
for commercial and industrial businesses.
Undisclosed
Amount
Manufactures color concentrates for the
plastics industry.
$10,500,000
Providers of clinical trials for the pharma
and biotech industries for conducting Phase
II–IV clinical and vaccine trials.
$17,500,000
A leading provider of private label, industrial and
branded jellies and jams.
$7,000,000
Leading builder of residential and commercial pools
in Austin, San Antonio and Houston markets.
$6,500,000
Value added reseller of SolidWorks 3D design
software and Stratasys 3D Printers.
$24,500,000
Provides both full agency ad campaign work
and on-site production.
$15,900,000
Manufacturer of consumable diamond blades
and diamond core bits for use in road repair,
infrastructure and commercial construction.
$7,000,000
Provides factoring focused on the purchase
of real estate commission receivables.
$16,000,000
© 2016 TCF National Bank Member FDIC. www.tcfbank.com
TCF Capital Funding is a division of TCF National Bank.
Equity Sponsor
None
Borrower
Industry
TCF Facility
Nurse registry and home care agency.
$11,100,000
Provider of multicolored flexible packaging
products including bags, pouches and wraps for
food and retail consumer company products.
$16,400,000
Provides rebuilt electronic petroleum
equipment, POS terminals, and printers for
gasoline service stations.
$12,075,000
Provides surveying, design drafting and
right of way acquisition to the oil and gas
pipeline and municipality markets.
$13,500,000
Designer, manufacturer and distributor
of specialized fluid handling systems
for non-discretionary agriculture and
water applications.
$9,500,000
Manufactures, processes and packages
powdered drinks, food and ingredients sold
to the global health, food and medical
nutrition markets.
$20,600,000
Designs and manufactures ergonomic,
space-saving arms, stands, poles and
mounting solutions for flat panel
monitors, notebooks and tablets.
$16,360,000
Distributor of sports nutrition and
fitness products.
$24,000,000
Provides outsourced business services to the
mailing industry.
Undisclosed
Amount
A designer, manufacturer and distributor of fence
and gate hardware, door and window accessories,
and patio products.
$11,000,000
Distributes environmental maintenance
equipment to municipalities in the
Western U.S.
$17,000,000
Produces high quality / branded closed-loop
plastic gift and loyalty cards.
$18,200,000
71 S. Wacker Dr. Suite 2110 • Chicago, IL 60606 • {312} 696-8820
Equity Sponsor
None
www.tcfcapitalfunding.com
Representative Transactions
Borrower
Industry
TCF Facility
Equity Sponsor
Designs, manufactures and sells custom forged,
high-quality suspension products for the off-road
enthusiast market with products designed to fit
new and late model trucks, Jeeps, and SUV’s.
$7,800,000
Produces a diverse array of automotive
powertrain and functional electronic
accessory components with application in
the repair, aftermarket and OEM channels.
$18,500,000
Designs and manufactures custom sport
decals and apparel of team sports, schools
and booster clubs in K–12 segment.
$7,000,000
Supplies decorative home furnishings
focusing on high-end design to value
and mid-priced point consumers.
$25,400,000
Designs and distributes seasonal and
all-occasion home décor products to
specialty retailers.
$21,545,000
Manufacturer of winch systems
and accessories.
$20,500,000
Provides information technology consulting and
managed services to the middle-market, serving B2B
and B2C customers in the Chicago metropolitan area.
$12,150,000
Develops and manufactures mosquito
repelling devices.
$21,150,000
Manufactures and sells restoration parts,
accessories, and brake conversion systems
for classic automobiles.
Undisclosed
Amount
Undisclosed
Marketing Services Company.
$20,900,000
Undisclosed
Undisclosed
Manufacturer of Mexican Food Products.
$30,800,000
Undisclosed
Provides comprehensive security services,
including facility patrol, reception, emergency
and alarm response, loss prevention, vehicle
inspections, and other industry specific services.
$19,100,000
Provides paper and electronic discovery
and legal process outsourcing solutions to
law firms, corporations and government
entities involved in litigation.
Undisclosed
Amount
71 S. Wacker Dr. | Suite 2110
Chicago, IL 60606 | { 312} 696-8820
www.tcfcapitalfunding.com