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PRIVATE INVESTMENT FIRM WITH GLOBAL EXPERIENCE
200+
PORTFOLIO EMPLOYEES
$400M
CAPITAL DEPLOYED
3
PORTFOLIO
COMPANIES
ABOUT US
Impel Capital provides capital to support lower middle market companies in the following industries*:
ABOUT US
GOVERNMENT SERVICES
BUSINESS SERVICES
HEALTHCARE SERVICES
NICHE MANUFACTURING
TELECOM SERVICES
STAFFING SOLUTIONS
* No startups | *No International
Impel Capital is an investment firm providing custom investment solutions to companies with Revenue between $10m and $100m. Impel will invest in Buyout and Growth Capital situations, typically in the transaction valuation range of $5m to $200m.
We're geographically focused on investing with niches covering primarily rural and underserved markets. Our businesses are generally headquartered in the Southeastern and Mid-Atlantic regions of the United States.
Impel thrives off investing alongside with Independent Sponsors, Family Offices, and other Asset Management Firms.
We do not invest in Startups (Seed to Series D) nor Real Estate projects.
INVESTMENT CRITERIA
Impel investments typically have the following characteristics:
INVESTMENT CRITERIA
REVENUE
EBITDA
LOCATIONS
TRANSACTIONS
We focus on Platform companies with Revenues between
$10 to $100 million (any size for Add-Ons)
Our companies will typically have over
$1 million in EBITDA
Impel focuses on U.S. based companies
with Headquarters
in the Eastern U.S.
We support Buyouts, Recapitalizations and Growth Capital opportunities
PROVEN LEADERSHIP
Impel Capital is led by a team of experienced entrepreneurs, financiers and operating executives
LEADERSHIP
LAMAR BARNES
Managing Partner
Lamar Barnes is a Managing Partner for Impel Capital and is primarily responsible for sourcing, originating, and strategy of investments. He co-founded Impel Capital with Lonnie Chestnut, III in 2020.
Prior to forming Impel Capital, he was the Principal of BW Capital Advisors, a lower middle market merchant bank advising and investing in private debt and equity transactions from 2017 to 2020. Lamar began his career as an analyst for Branch Banking & Trust (“BB&T” and, now “Truist”) in 2006 and worked at the firm until 2017.
Lamar serves on the boards of Provizor Solutions and Sky Communications.
LONNIE B. CHESTNUT, III
Managing Partner
Lonnie Chestnut, III is a Managing Partner for Impel Capital and is primarily responsible for originating, risk management and strategy of investments. He co-founded Impel Capital with Lamar Barnes in 2020.
He began his career as a Commercial Lender for BB&T in 2005 and worked at the firm until 2012. Lonnie served in a variety of senior commercial lending roles prior to forming Impel Capital. He was the Regional President for First South Bank (later acquired by First Citizens Bank), a community bank which issued loans in the lower middle market from 2016 to 2019.
Lonnie serves on the boards of Provizor Solutions and Sky Communications.
DUANE MCKNIGHT
Advising Principal
Duane McKnight is currently Managing Member of NiteCap Advisors, a financial and strategic consulting firm serving tech-enabled start-ups and growth-oriented, underserved businesses operating primarily in the lower middle market.
He is also a founding member of MFP, the general partner of the Marathon Fund (“Marathon”), an early-stage equity fund focused on tech-enabled companies primarily led by founders representing disproportionally underrepresented communities.
Duane serves on the boards of Baldi Management Group and part of the investment committee for Impel Capital.
SENIOR ADVISORS
K. DAVID BOYER
Board of Director for Truist Bank (Chair of the Trust Committee)
ALLISON ALEXANDER
Managing Partner at The Marathon Fund
PORTFOLIO COMPANIES
Present and Past Transactions
PORTFOLIO
NEWS
NEWS
Impel Capital and Sky Communications announce Strategic Partnership
Herndon, Va., Dec. 5, 2023 /PRNewswire/ -- Through an affiliate of Impel Capital ("Impel"), a private equity firm focused on investing in lower middle-market companies supporting both the public and private sectors, announced today that it has entered into a strategic partnership with Sky Communications, Inc., ("SkyCom"), a long-standing telecommunications and information technology management firm.
Read More Here
CONTACT US
CONTACT US
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