The Capital Solutions Group (“Capital Solutions”) is a private advisory firm established in 2009 to provide financial advisory services to closely-held companies, Private Equity firms, and lenders in the Middle Market.
We provide value-added solutions to clients. Our services include: Debt and Equity Private Placements, Recapitalizations, Financial Restructurings, and Buy/Sell Side M&A.
We provide full service expertise from the inception of the engagement through closing: drafting financing materials, working with the company / sponsor to prepare the financial information and financial model, preparing the management team for presentations to prospective investors / lenders, soliciting and negotiating term sheets, and negotiating credit documentation on behalf of the client.
We are veteran investment banking and credit trained professionals with substantial capital markets, lending, and restructuring experience. Our partners have worked together previously at NewStar Financial, Citigroup, and Fleet Securities, and average over 25 years of experience.
We have extensive experience, combining a deep understanding of the capital markets with senior relationships in accessing middle market private equity sponsors, institutional lenders, legal, accounting and other support professionals.
Collectively, Capital Solutions partners’ have the following middle market experience to draw from to benefit our clients:
Robert A. Kosian
Prior to co-founding Capital Solutions, Bob served as a Managing Director of NewStar Financial, Inc. (NASDAQ: NEWS) in connection with its middle market lending activities covering the Southeastern / Southwestern markets. At NewStar, Mr. Kosian was responsible for covering over 100 financial sponsors.
Mr. Kosian joined NewStar in 2005 from High Voltage Holdings a company he founded in 1998 to provide restructuring advice and interim financial management to the leveraged finance market. Prior to HVH Mr. Kosian spent 25 years as a corporate / leveraged finance professional in New York and London at Citicorp and Prudential Securities. He has financed or invested $20 billion in 200 + transactions and has been involved in a wide range of restructurings and DIP / reorganization financings.
Mr. Kosian received both an MBA and a Bachelor of Science degree (concentration in Finance) from the Wharton School of the University of Pennsylvania.
Timothy C. Shoyer
Prior to co-founding Capital Solutions, Tim served as Group Head & Managing Director of NewStar Financial, Inc. (NASDAQ: NEWS) Mr. Shoyer was a founding member of NewStar and was instrumental in transforming NewStar from a start-up to a leading branded middle market leverage finance company.
Mr. Shoyer joined NewStar in 2004 from Fleet Securities where he was head of high yield & mezzanine finance. Prior to Fleet, Mr. Shoyer spent 9 years as a corporate / leverage finance professional at Citicorp. At Citicorp, Mr. Shoyer was a member of the Restructuring Advisory Group and was involved in many high profile restructurings and non-investment grade financings.
Mr. Shoyer received a Bachelor of Arts degree in accounting from Moravian College in Bethlehem, Pennsylvania.
R. Bradley Stewart
Prior to joining Capital Solutions in 2010, Brad served as Vice President, Financing for Audax Private Equity, a leading private equity firm focused on lower-middle market transactions. Brad created the Financing position at Audax in 2006, and as a debt specialist within the firm was responsible for coordinating all aspects of debt transactions for Audax’ private equity investment strategy, including: arranging the debt financing for Audax’ new platform investments and subsequent add-on acquisitions, negotiating credit documentation for those transactions, negotiating post-closing amendments, and cultivating and managing lender relationships for the firm.
With over 20 years of leveraged finance and debt investing experience, Brad has closed over three billion dollars of debt financings for middle market companies across 100+ transactions from several varying perspectives: advisor, principal investor, syndicator, and private equity sponsor. Brad has also worked for the leveraged finance groups of leading financial institutions including Fleet Securities (and its predecessor BancBoston Robertson Stephens) and Toronto-Dominion Securities (New York). Brad has also been a frequent panelist at debt-oriented conferences for industry groups such as the Association for Corporate Growth (ACG).
Brad received an MBA from Cornell University and a Bachelor of Science from the University of Vermont.
Rob Hornstein has over 25 years of middle market leveraged finance and restructuring experience. Prior to the Capital Solutions Group, he was a Managing Director in Credit at NewStar Financial, Inc. During his 13 years at NewStar Financial he underwrote over $3 Billion of debt investments comprised of 170 transactions. He also developed strategies for, negotiated, and executed complex debt restructurings and workouts for many of NewStar’s most problematic loans including various contentious amendments, liquidations, bankruptcies, and other negotiated out of court ownership changes. Rob also served on numerous steering committees. He has also worked in the subordinated debt group of Fleet Securities and in both the corporate debt and real estate restructuring advisory groups at Citicorp.
Rob has a deep understanding of investing, placing and restructuring the full spectrum of all private and public debt products for both small franchises with less than $5 million of EBITDA up through larger ones with over $100 million. He has an MBA from Columbia University and a Bachelor of Science in Mechanical Engineering from Case Western Reserve University.