Convero raises deal-by-deal capital for independent sponsors, whether that means proving a track record on the way to a first fund, or staying deal-by-deal by choice.
We represent experienced independent sponsors leading transactions in the EUR 5 to 50 million EBITDA range with an equity need of EUR 20 to 150 million. We focus on buyout, but selectively take on special situations and growth deals. We are industry agnostic. What convinces us is the deal and the team, not the sector label.
LPs measure independent sponsor deals against their existing GP relationships' co-investment flow, and the bar is higher. To win, a deal needs proprietary sourcing, an attractive entry point, a value creation plan clearly mapped out, and an underwriting to 3.5x+ MOIC. We help sponsors build and present that case.
Raising capital is a relationship business on a deadline. We manage the pace so the sponsor-investor relationship has room to develop, without missing closing windows. We handle the capital raise so that your focus stays where it belongs, on sourcing, on owner relationships, and on the portfolio.
A tight deadline and a short list of options are exactly when sponsors get squeezed on economics, especially without a clear read on what LPs are willing to pay. Our clients have consistently landed at or above-market fees and carry.
Fundless sponsor economicsWe know the family offices and institutional LPs who actively back independent sponsor deals. That focus means more relevant prospects per deal, and a better read on who is actually ready to move.
Our fee structure is built around your outcome, not a fixed retainer. On the right deals, we will put our own capital in alongside you and your investors. We only take on mandates we would back ourselves.
More capital is chasing independent sponsor deals every year, and more sponsors have shown up to meet it, not all of them ready for what that capital expects. Telling the two apart, in the middle of a live process, has only gotten harder.
We evaluate independent sponsors closely and build relationships with those who have the skill and discipline to manage capital well. We bring forward a curated set of opportunities from sponsors who have already cleared that bar, matched to investors we understand well enough to know it is actually a fit.
Some of you have worked with independent sponsors for a while. Others are only starting to look at what fundless sponsors bring to the table. Either way, we are glad to help you think it through. Beyond deal access, we are happy to share market perspective, on how the landscape is evolving, who the credible operators are, or where compensation and terms are actually landing.
