Independent Sponsors
Independent sponsors operate in one of the most dynamic corners of the private equity market. They move quickly, build deep industry relationships, and structure creative capital solutions. They also face a unique set of legal and commercial considerations, from negotiating equity splits to aligning incentives with capital partners to managing post‑closing governance.
Our team supports independent sponsors with the same level of sophistication found at the largest private equity practices, but with a more efficient, streamlined approach. We understand the independent sponsor model, the economics that drive it, and the need for counsel who can deliver practical, market‑informed guidance without unnecessary layers or cost.
The independent sponsor market has exploded over the past decade, expanding from a niche model to one of the fastest‑growing segments in private equity.
Independent sponsors rely on relationships, reputation, and execution. We take the same approach. Our goal is to be a long‑term partner—one who understands your model, anticipates your needs, and helps you close deals efficiently and successfully. We have experience with both first‑time sponsors and established repeat dealmakers, as well as sponsors partnering with family offices, private equity funds, SBICs, and strategic investors.
Our team delivers senior-level attention with consistent deal teams, predictable, transparent pricing aligned with sponsor economics, efficient execution to keep deals moving, and practical, business first advice grounded in experience. We advise on: (maybe an accordion)
- Structuring early‑stage relationships with management teams and industry executives
- Advising on exclusivity, fee arrangements, and preliminary economics
- Evaluating capital partner expectations and market norms
- Structuring promote, carried interest, and fee arrangements
- Negotiating equity splits, waterfalls, and governance rights
- Aligning sponsor incentives with institutional capital requirements
- Drafting and negotiating LOIs, purchase agreements, credit agreements (including senior secured and subdebt lenders), and ancillary documents
- Managing diligence across financial, operational, and regulatory areas
- Coordinating with lenders, co‑investors, and management teams
- Board and management governance structures
- Add‑on acquisitions and roll‑up strategies
- Recapitalizations, refinancings, and exit transactions
