Stonehenge Capital
Founded in 1999, Stonehenge Capital is a nationally recognized impact investor that provides debt, equity and tax-credit financing to lower middle-market operating companies and developers. The firm operates a large federal and state New Markets Tax Credit (NMTC) practice, manages state-targeted small business investment funds, and sponsors an SBIC fund that provides senior term financing to businesses operating in economically distressed or underserved U.S. communities.
Stonehenge Capital
Services
New Markets Tax Credit (NMTC) financing
Allocation and deployment of federal and state NMTC capital to provide flexible financing to businesses located in low-income communities.
SBIC / Senior term financing
Senior term debt and strategic refinancing provided through the Stonehenge Community Impact Fund, L.P., an SBIC fund.
Tax credit monetization for developers
Purchase and monetization of transferable and allocable state and federal tax credits (renewable energy, historic, film, LIHTC, brownfield, etc.).
Underwriting and asset management for tax-credit investments
Underwriting, closing support and ongoing asset management and compliance oversight for tax-credit transactions.
Traditional debt and equity investments
Direct debt and equity investments in lower middle-market operating companies acting as last-mile or growth capital.
New Markets Tax Credit (NMTC) financing
Allocation and deployment of federal and state NMTC capital to provide flexible financing to businesses located in low-income communities.
SBIC / Senior term financing
Senior term debt and strategic refinancing provided through the Stonehenge Community Impact Fund, L.P., an SBIC fund.
Tax credit monetization for developers
Purchase and monetization of transferable and allocable state and federal tax credits (renewable energy, historic, film, LIHTC, brownfield, etc.).
Underwriting and asset management for tax-credit investments
Underwriting, closing support and ongoing asset management and compliance oversight for tax-credit transactions.
Traditional debt and equity investments
Direct debt and equity investments in lower middle-market operating companies acting as last-mile or growth capital.
Portfolio
Stonehenge Community Impact Fund provided a $14 million investment to refinance maturing debt and support growth. MWB owns Chuck-A-Rama, Market Street Grill and Grub Steak; the company operates 15 locations and employs over 700 people (58% minorities; 99% from low- to moderate-income communities).
#Consumer / Restaurants
Stonehenge provided a $5 million NMTC investment to support two DePaul community health centers in the Greater New Orleans area; financing will support expansion and construction and is expected to enable ~15,000 appointments annually at the two centers.
#Healthcare / Community health centers
Stonehenge Community Development, in partnership with U.S. Bancorp Impact Finance, invested $8.5 million to support a new community health center in Halifax County, NC; this was noted as the first NMTC investment in a North Carolina HBCU.
#Education / Healthcare (academic community health center)
Stonehenge Community Impact Fund provided a $14 million investment to refinance maturing debt and support growth. MWB owns Chuck-A-Rama, Market Street Grill and Grub Steak; the company operates 15 locations and employs over 700 people (58% minorities; 99% from low- to moderate-income communities).
#Consumer / Restaurants
Stonehenge provided a $5 million NMTC investment to support two DePaul community health centers in the Greater New Orleans area; financing will support expansion and construction and is expected to enable ~15,000 appointments annually at the two centers.
#Healthcare / Community health centers
Stonehenge Community Development, in partnership with U.S. Bancorp Impact Finance, invested $8.5 million to support a new community health center in Halifax County, NC; this was noted as the first NMTC investment in a North Carolina HBCU.
#Education / Healthcare (academic community health center)