Pier Asset Management LLC

Manhattan Beach, California

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Pier Asset Management is a private credit investment firm specializing in niche deals within the specialty finance sector. The firm primarily issues senior secured credit facilities to lenders who utilize the capital to originate loans and purchases loan portfolios in the secondary market from sellers. As a boutique asset manager, Pier focuses on deals ranging from $1 million to $25 million, investing in areas often overlooked by larger institutions. Product Breakdown Pier Asset Management offers a range of investment products tailored to the specialty finance market: Credit Facilities: The firm provides senior secured credit facilities to lenders, enabling them to originate loans across various sectors, including consumer, small business, real estate, and niche markets. Secondary Portfolios: Pier purchases loan portfolios in the secondary market from sellers, either directly from the originator or a downstream asset holder, facilitating liquidity and capital reallocation within the specialty finance ecosystem. Creative Debt Financing: The firm engages in unique opportunities such as purchasing loans at origination through forward flow agreements, participating in credit facility syndications, and investing in unique credit products originated by platforms.

Keywords

Keywords

Classified

Private