PE  Independent Bankers Capital (IBCF)

http://www.ibcfund.com





     Office Locations:

1700 Pacific Avenue, Suite 2740
Dallas, TX 75201
Phone: 214-722-6200
Fax: 214-722-6220

 

Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Manufacturing & Industrial

  •  

    Description:

    Independent Bankers Capital Funds (IBCF) provides equity capital to profitable, lower-middle-market manufacturing, distribution, and in some cases service companies, primarily in the Southwestern U.S. The Fund was founded by Floyd W. Collins, Barry B. Conrad, SAMCO Capital Markets, TIB-The Independent BankersBank and fifty-eight limited partners, fifty-six of which are Texas-based independent community banks and financial institutions. Established in 2000, the firm has $63 million in investable capital. Typically the Fund finances change of control, recapitalization and later-stage growth transactions of low or non-technology businesses. Transaction values, generally, will not exceed $25 million with junior capital requirements of $10 million or less. Fund II prefers to make initial investments of $2 to $5 million and raised $21 million from Texas independent banks, allowing it to receive commitments from the SBA for up to an additional $42 million of investment capital. In rare situations, smaller investments may be considered. Generally, the Fund seeks to invest in companies reporting revenues of $10 to $50 million and adjusted free cash flow greater than $1 million per annum.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    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
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    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
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Barry B. Conrad Founder and Managing Member
    Meg Taylor Chief Financial Officer
    Michael V. Metcalf Senior Associate
    Thomas B. Hoyt Managing Member
    William H. Miltenberger Vice President

     

    Portfolio companies include:


      Berry Aviation
        web link


      Burrow Global
        web link


      Cornerstone Automation Systems
        web link


      Dependable Auto Shippers
        web link


      Ergogenesis
        web link


      GranQuartz
        web link


      Home Healthcare Partners
        web link


      Jardine's
        web link


      Painless Performance Products
        web link


      The Finial Company
        web link


     

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