JHT Holdings, Inc.

American Industrial Partners Capital invests in both public and private middle market companies located globally with revenues between USD 300 million and 1 billion, and enterprise value up to USD 2 million. The firm targets in sectors such as manufacturing or industrial services with business-to-business selling relationships. It provides financing for LBOs, carve outs, public to private, and turnarounds, It acquires controlling interests and makes investments of up to USD 350 million per transaction. It also makes co-investments.

Merit Capital Partners invests mezzanine and equity capital in middle-market companies in the manufacturing, distribution, logistics and services sectors. The firm participates in MBOs, acquisition and growth financings, shareholder liquidity/recapitalizations, corporate divestitures, ESOP financings, fundless/small fund sponsored transactions and unsponsored transactions. They do not consider start-ups, turnarounds, real estate financings, specialty retailers or oil and gas opportunities.Investments are typically structured as a 5 to 7 year subordinated debt instrument with equity ownership provided by a warrant or the outright purchase of common or preferred stock. Investments start at $10 million.The firm looks for companies with a leading market share in an attractive industry, a well-developed business strategy and growth opportunities, sustainable cash flow and a proven management team. Companies must have revenues of $20 million and EBITDA of at least $5 million. Merit Capital Partners prefers to serve as board-level advisors rather than as day-to-day managers or operators.