Investments
26Portfolio Exits
13About Abacus Finance Group
Abacus Finance, headquartered in New York, is a lower-middle market specialty finance company, focused on providing senior cash-flow financing to private equity-sponsored companies nationwide. Formed in June 2011, Abacus targets debt financing opportunities of up to $50 million with a typical hold size ranging from $10 million to $25 million, and the companies it finances generally have EBITDA between $3 million and $15 million. Abacus is sponsored by New York Private Bank & Trust, the holding company for Emigrant Bank, which was founded in 1850 and is the largest family-owned bank in America.
Abacus Finance Group Headquarter Location
6 East 43rd Street 20th Floor
New York, New York, 10017,
United States
212-850-4621
Latest Abacus Finance Group News
Jan 19, 2022
As it enters its eleventh year, Abacus Finance Group, has announced the promotions of Eric Petersen from Director to Managing Director, Rafal Rydzewski from Vice President to Senior Vice President, and Austin Rendell from Associate to Senior Associate. Mr. Petersen joined Abacus in 2013 and he leads structuring, underwriting, executing, monitoring, and valuing investments for... […]
Abacus Finance Group Investments
26 Investments
Abacus Finance Group has made 26 investments. Their latest investment was in Specialty Appliance Works as part of their Unattributed on January 1, 2020.
Abacus Finance Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/15/2020 | Unattributed | Specialty Appliance Works | Yes | 1 | ||
9/24/2018 | Recap | AccountabilIT | Yes | 1 | ||
3/22/2018 | Debt | Diamond Mowers | No | 2 | ||
3/22/2018 | Private Equity | |||||
10/18/2016 | Debt |
Date | 1/15/2020 | 9/24/2018 | 3/22/2018 | 3/22/2018 | 10/18/2016 |
|---|---|---|---|---|---|
Round | Unattributed | Recap | Debt | Private Equity | Debt |
Company | Specialty Appliance Works | AccountabilIT | Diamond Mowers | ||
Amount | |||||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 1 | 2 |
Abacus Finance Group Portfolio Exits
13 Portfolio Exits
Abacus Finance Group has 13 portfolio exits. Their latest portfolio exit was Taos on January 14, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
1/14/2021 | Acquired | 7 | |||
10/28/2020 | Acquired | 5 | |||
4/7/2020 | Acq - Fin - II | 1 | |||
Date | 1/14/2021 | 10/28/2020 | 4/7/2020 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Fin - II | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 7 | 5 | 1 |
Abacus Finance Group Acquisitions
1 Acquisition
Abacus Finance Group acquired 1 company. Their latest acquisition was MGC Diagnostics on November 27, 2017.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/27/2017 | Debt | $3.5M | Take Private | 2 |
Date | 11/27/2017 |
|---|---|
Investment Stage | Debt |
Companies | |
Valuation | |
Total Funding | $3.5M |
Note | Take Private |
Sources | 2 |
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