Dividend Recapitalization Prep

Maximize Liquidity While Retaining Control

Unlock capital for LPs without sacrificing ownership. North Castle’s Dividend Recapitalization Prep ensures a seamless, lender-ready process that strengthens your credit story and optimizes valuation.

Services

Lender Due Diligence

Lender Due Diligence For
Non-PE Financing

Challenged Credit Due Diligence

Sell-Side Readiness

Corporate Development

Dividend Recapitalization Prep

The Challenge: Why Dividend Recap?

Key Issues Sponsers Face:

  • LPs seek liquidity, but a full exit isn’t always the best option.

  • The company has deleveraged, opening up recap opportunities.

  • Sponsors want to continue value creation initiatives.

  • Debt capital is available, but securing optimal terms requires expertise.

Our Solution

  • Lender-Ready Data Preparation – Organizing financials for lender due diligence.

  • Diligence Management – Handling investor/lender Q&A, minimizing management distractions.

  • Financial Modeling & Stress Testing – Ensuring leverage sustainability with scenario analysis.

  • Data Reconciliation & KPI Development – Strengthening your credit story with key performance indicators.

  • Market Positioning & Lender Negotiations – Identifying the optimal capital structure for success.

Why Work With Us?

  • +95% Success Rate – Proven track record of successful transactions.

  • Boosts IRR – Maximizing fund returns while maintaining flexibility.

  • Faster Execution – We minimize delays, ensuring a swift, lender-ready process.

  • Tailored Strategy – Custom solutions designed for your company’s unique situation.