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Small Business Investment Opportunity
Plexus Fund I is a Small Business Association-licensed “debenture” small business investment company (SBIC) formed in 2005 with offices in Charlotte and Raleigh, North Carolina. Plexus Fund I’s five principals worked together since 1995 at a predecessor investment fund, making Plexus Fund I a first-time fund managed by experienced industry professionals with a proven track record of providing not only capital but also strategic advice and counsel to its portfolio clients. Plexus provides patient capital to lower middle market companies experiencing rapid growth, to private companies making acquisitions, and to support strong management teams participating in recapitalization transactions. Plexus typically invests up to $5 million per transaction and looks for companies with a sustainable competitive advantage led by strong management teams. Clients generate more than $10 million in revenue and $1 million in cash flow. Plexus will participate in financing transactions of up to $25 million as a non-control investor.

While Plexus Fund I is closed to new investors, the principals plan to accept investors into Plexus Fund II in the near term. Fund II is also expected to be a licensed debenture SBIC with the same CRA credit opportunity for banks, with limited partner investment commitments expected to range from $500,000 to $5 million. A bank’s investment in a Plexus Fund may be a “qualified investment” for CRA purposes.

Call Bob Anders at (704) 927-6246 or visit Plexus.

[Published in News from the Districts, Community Developments, Spring 2008]

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