RBC Capital Partners

RBC Capital Partners is a prominent private equity firm specializing in providing junior capital to mid-market companies across a diverse range of industries in Canada and the United States. Their investment focus includes structured cash flow term loans, subordinated debt, and mezzanine financing, offering flexibility in cash flow management and serving as a cost-effective alternative to raising additional equity for various transformational events, such as growth capital, acquisitions, financial sponsor buyouts, shareholder buyouts, management buyouts, refinancing of existing facilities, senior debt relief, and equity withdrawals.

The firm's investment criteria target businesses with proven and sustainable free cash flows, typically with EBITDA exceeding $3 million and an enterprise value greater than $10 million. They seek strong management teams with significant financial commitment, an established track record of business plan execution, and companies operating in market niches with a sustainable competitive advantage. RBC Capital Partners collaborates with RBC's senior debt partners to provide comprehensive financing solutions for mid-market companies and financial sponsors, with junior capital investments ranging from $3 million to $20 million in any single transaction, plus the ability to partner on larger transactions and provide minority equity investments to further support growth.

Notable transactions include refinancing a third-party logistics provider with a structured cash flow term loan in 2025, supporting a shareholder buyout of a wood preservatives and fire retardants manufacturer with subordinated debt in 2025, and refinancing existing debt and supporting a tuck-in acquisition for an HVAC and insulation installer with subordinated debt in 2024. The team comprises experienced professionals, including Managing Partner Patrick Trainor, who has over 20 years of mezzanine investment and merchant banking experience, and Partners Jordan McMullen and Matthew Hall, who bring extensive experience in mid-market transactions and operating roles. The firm is committed to delivering tailored financial solutions that support the growth and expansion of its clients, leveraging its deep industry expertise and comprehensive resources within the RBC network.