Frequently Asked Questions
What types of funding does Antares provide?
Antares provides equity capital.
What stage of investment does Antares prefer?
Antares provides growth equity capital. We expect firms to be generating revenue from mainstream customers within a large and growing market and have an opportunity to rapidly grow their business using a modest amount of capital. Antares will also sponsor management led buyouts of healthy companies.
What is Antares geographic investment region?
Antares invests primarily in the Southeastern United States and Texas. Only under special circumstances do we consider an investment outside our targeted geography and then only if we can add substantial value to the investment. Antares expects to be a constructive partner to our portfolio company management teams and expects to concentrate our investments in this region to work with portfolio companies effectively.
What industries does Antares invest in?
Antares will consider almost any industry or market in which the management team has substantial and relevant experience. Antares is more focused on providing equity capital for expansion stage and management buyout opportunities.
What industries does Antares not consider?
Antares does not consider real estate investments, oil and gas or other mineral production and extraction, or any investment of a project nature such as movies or entertainment production. We also do not consider capital intensive businesses, distribution companies without substantial value added features, franchises or local businesses.
Why does Antares not consider capital intensive investments?
The more capital an investment requires, the larger the liquidity event must be to provide a substantial opportunity for the founders, other management attracted to the portfolio company as the firms grows, money put in by the entrepreneur’s family and friends prior to Antares’ investment, and still offer a venture capital rate of return on Antares’ investment. We prefer investment opportunities where a modest amount of capital can be employed to stimulate significant growth and value for everyone. Further, additional capital attracted for the firm should be used for increased opportunities to create value.
How does Antares structure its investments?
Antares always seeks to align our interests with the founders and operating management. While you can expect that our investment will be in the form of preferred stock with typical covenants, we prefer not to use too many features used to bridge valuation gaps which may subsequently put our interests at odds with the founders and management to the detriment of the founders and management. You can find a typical investment structure at nvca.org.
What is the average size of Antares’ investment?
Antares prefers to participate in the first institutional round raised by a company with an initial investment between $500,000 and $5 million. We also take a leadership role in subsequent financings.
How do I submit a business plan?
You may submit a business plan online or by email. You may also mail a copy to:
Antares Capital Corporation
P.O. Box 330309
Miami, FL 33233-0309
When should I expect a response from Antares after submitting my plan?
You should expect to hear from us approximately two weeks after we receive the business plan.
Does Antares always seek a board seat?
We believe that our constructive involvement in our portfolio companies is as critical as the capital. While we have no desire to participate actively in the management of our portfolio companies, we have found that board involvement forms a structured way to be aware of issues and opportunities in order to contribute positively to a portfolio company’s development.
Please email us at info@antarescapital.com
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