Southridge Capital provides structured finance and advisory services for publicly traded companies. By creating and applying creative financial solutions, Southridge Capital helps its clientele meet their strategic goals and objectives. The success of this private equity firm lies in harnessing the potential of its core team that has a breath of knowledge on the marketplace. The executive team is also well versed with corporate issues like personalized financing methods to managing balance sheets. The latter service is aimed at helping businesses maintain an optimum balance between equity and debt, and employ techniques that will yield the desired outcomes. Aside from business, this firm is active in corporate social responsibility (CSR) through community leadership and volunteerism. Stephen Hicks along with his wife Mary founded Daystar Foundation to provide financial help to various charities. For more details visit Bloomberg.
The management team at Southridge Capital comprises of the following members: Stephen M. Hicks- CEO, Narine Persaud- CFO, Laurence J. Ditkoff- CFA, Henry B. Sargent- CFA, and Linda Carlsen- Portfolio Management.
Since inception in 1996, Southridge has invested an impressive $1.8 billion in over 250 companies around the world. This financial holding company serves small and middle market businesses by offering three major services as described below:
Companies often struggle with gathering enough capital to expand and this consequently leads to stagnation. Southridge Capital applies inventive solutions like liquidating a company’s assets, leveraging capital assets, and taking loans aligned with insider shares.
Creditworthiness is a prerequisite to business success but many companies are held back by low credit scores. Southridge Capital helps such companies collaborate with creditors to eradicate debt in accordance with existing levels of liquidity. This approach safeguards businesses from making unnecessary waves in the market which could hurt them financially.
- Financing solutions
Solving fiscal issues of companies is a mainstay of Southridge Capital. The company’s flagship product Equity Purchase Agreement (EPA) allows companies to fundraise at any point regardless of prevailing market conditions. Signing loans against the total common stock is another option.
Southridge Capital is keen on exploring investment opportunities locally and abroad. In 2012, the company inked a $10 million equity purchase contract with eLayaway Inc., an online payment platform that serves over 300 traders. Southridge Capital continues to flourish in business and CSR activities.