The State of Direct Lending in the Middle Market

Middle Market Growth Conversations

This episode is brought to you by Twin Brook Capital Partners, a direct lending finance company focused on providing cash-flow based financing solutions for the middle market private equity community. *** Garrett Ryan, partner and head of capital markets at Twin Brook Capital Partners, joins the podcast to discuss how deal activity has evolved since last March and the current state of middle market M&A. In the interview, Ryan talks about the types of transactions that are moving forward in today's environment, including leveraged buyouts, add-on acquisitions and change of control situations. He also discusses lending terms, the broadly syndicated market's impact on the upper middle market, and the relationship-based nature of the lower middle market, where Twin Brook focuses. The episode closes with a discussion about expectations for deal activity through the rest of 2021 and industries that are poised for an uptick in M&A. To learn more about Twin Brook, visit www.twincp.com. **** The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To learn more about the organization and how to become a member, visit www.acg.org.