OUR LOWER MIDDLE MARKET STRATEGIES

Flexible credit solutions for

the lower middle market

Avante Capital Partners provides disciplined private credit solutions to sponsor-backed lower middle market companies.

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Flexible Credit Strategies
$1.5B
Assets Under Management
200+
Sponsor Relationships
INVESTMENT STRATEGIES

A credit firm built for flexibility

Our strategy suite is designed to meet the needs of different investor profiles — from SBIC-backed flexible junior capital to institutional private credit and insurance-optimized senior lending.

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Enterprise

Flagship SBIC Strategy

Flexible junior debt and equity solutions

Enterprise is Avante’s flagship SBIC fund series and the foundation of our platform. Launched in 2009, Enterprise provides junior capital and equity co-investments to lower middle market companies backed by private equity and independent sponsors.

As a levered SBIC vehicle, Enterprise benefits from flexible, low-cost government debentures, enhancing capital efficiency while maintaining disciplined underwriting.

+ Unitranche, second lien, subordinated debt along with minority equity co-investments
+ Seeks to manage risk through conservative underwriting, sponsor alignment, active board participation and covenant protection
+ Focused on delivering income and capital appreciation through structured junior capital and quarterly distributions
KEY METRICS
TARGET EBITDA
$3M - $30M+
TARGET LEVERAGE
3X - 4X
INVESTMENTS
25 - 30
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02

Elevate

Institutional Private Credit Strategy

Flexible capital across the structure

Elevate expands Avante’s flexible credit approach beyond the SBIC format, providing institutional investors access to lower middle market private credit with greater structural flexibility. Launched in 2025, Elevate is designed for investors seeking high yield credit exposure through a flexible mandate without SBIC constraints.

+ Flexible allocation across unitranche, second lien, subordinated debt, and minority equity
+ Targets proven lower middle market companies to drive growth while preserving investor capital
+ Leverages a credit-first underwriting approach, a deep diligence process, and unanimous IC approval
KEY METRICS
TARGET EBITDA
$3M - $30M+
TARGET LEVERAGE
3x - 4x
INVESTMENTS
25 - 30
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Endura

Direct Lending Strategy

Primarily senior secured lending

Endura represents the next evolution of Avante’s platform. Building on our underwriting experience across the full capital structure, Endura focuses primarily on senior secured loans to growing lower middle market companies. Where prior funds often syndicated senior debt to banks due to hold-size constraints, Endura allows Avante to retain and deliver these high-quality senior opportunities directly to our LPs.

+ Providing senior-focused debt solutions to proven and growing lower middle market companies
+ Same underwriting team and sponsor network as Enterprise, with a proven history of senior secured underwriting
+ Active portfolio monitoring and risk management, designed for durable, stable income generation
KEY METRICS
TARGET EBITDA
$10M - $30M+
MANDATE
Senior Secured Loans (90%+)
INVESTMENTS
25 - 30
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INVESTMENT CRITERIA

What we look for

We target established lower middle market companies with strong cash flows, proven business models, and experienced management teams.

Revenue
$10M - $100M
EBITDA
$3M - $30M+
Geography
United States and Canada
Facility Size
$10M - $100M+
INDUSTRIES
Healthcare, Services (Business, Tech-Enabled, Industrial, Facility), Manufacturing, Education, Consumer
STRUCTURES
Stretch Senior, Unitranche, Second Lien, Mezzanine, HoldCo PIK, Preferred Equity, Equity Co-Invest

Ready to explore the right strategy for your portfolio?

Let's discuss how Avante's multi-strategy platform can help you access lower middle market private credit.