Merchant Banking by Sweetwater Capital
Merchant Banking has a long and venerable history and has played a role in the facilitation of trade, finance and commerce for centuries. Merchant banking actually dates back to the Middle Ages and the Italian grain merchants where they would finance long trade journeys and provide loans against the production and trading of grain. In France in the 17th and 18th century, a merchant banker was not only a finance trader but received the status of being an “entrepreneur par excellence”. The Merchant banks in the United Kingdom came into existence in the early 19th century, the oldest being Baring Brothers. In 1803, Baring teamed with Hope & Sons from the Netherlands to facilitate the Louisiana Purchase. In the 19th century with the rise of trade and industry in the USA, this led to many powerful new Merchant Banks culminating in the creation of J.P. Morgan & Company. Today most of the major money center banks have merchant banking operations and are a major source of the bank’s profitability and often shrouded in the old world mystery of finance.
Sweetwater Capital and its predecessor companies Equinox and Braemar Groups will begin in January 2016 offering Merchant Banking services of both equity and debt finance to companies looking for capital in the $1.5M to $ 10M dollar range. We believe this segment of the capital trail is underserved with these amounts being too high for most angel clubs and forums and under the sights of most Venture Capital firms and Investment Bankers. The seasoned team of senior professionals is currently being assembled and vetted and should number 8-10 partners and advisors when operations are commenced.
Past projects completed by Sweetwater Capital include:
- Republic Airlines regional headquarters
- The Peachtree Corners medical complex
- The Hyatt Regency in Nashville TN
- The Desoto Hilton and The Ballastone Inn in Savannah GA
- The sale of the CSX land to the State of GA for the current GA Dome
- The complex finance for the Four Seasons Hotel and 53 story mixed use building on 14th street in Atlanta GA.
- Sweetwater also facilitated the capital raise of $12.5M for IMED, a coated drug alluding heart stent company from Atlanta.
For more information and to submit your venture or project for consideration, please contact: Tarby Bryant, Sweetwater Capital Managing Partner, 10143 Big Canoe, Jasper,GA 30143 706-579-1080