Private Credit Flexible, solutions-oriented senior and junior credit for the lower middle market with underwriting focused on cash flows and enterprise value. Since beginning operations in September 2011, White Wolf has made numerous successful private equity investments in middle market companies across multiple industries in the U.S. and Canada. White Wolf prides itself as being a creative, flexible, and solutions-oriented private capital provider. Accordingly, in September 2020, White Wolf launched its private credit strategy enabling us to invest across the capital structure and in situations that require custom solutions. Our private credit strategy will be focused on making senior or mezzanine debt investments as well as minority equity co-investments in privately-held, middle market companies (minimum revenue and EBTIDA of $10 million and $3 million, respectively). Similar to our private equity strategy, preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. Typical situations include direct lending to lower middle-market companies and private equity financial sponsors to fund refinancings, leveraged buyouts, acquisitions, recapitalizations, strategic growth investments, and capital expenditures. SUMMARY OF INVESTMENT CRITERIA TRANSACTION VALUES UP TO $25M (LARGER WITH CO-INVEST) MINIMUM REVENUE $10M MINIMUM EBITDA $3M We have the ability to invest credit across various capital structures DIRECT LENDING Flexible, tailored senior capital financing First & second lien; unitranche structures Minimal or structured amortization Floating rate cash coupon Maturity: 4 to 7 years Cash-flow focused underwriting MEZZANINE DEBT Solutions-oriented mezzanine & sub debt Preferred and common equity co-investments Minimal or no amortization Fixed cash coupon with partial PIK component Maturity: 4 to 7 years Equity-like underwriting RELEVANT TRANSACTIONS PACIFIC POWER & SYSTEMS A PORTFOLIO COMPANY OF WHITE WOLF PRIVATE CREDIT IS PLEASED TO ANNOUNCE THE ACQUISITION OF ENGINEERING SERVICES & CONTRACTING NOVEMBER 2021 LEARN MORE > WHITE WOLF PRIVATE CREDIT SENIOR TERM LOAN, EQUITY CO-INVEST PACIFIC POWER & SYSTEMS ACQUISITION FINANCING ENGINEERING SERVICES & CONTRACTING JULY 2021 LEARN MORE > EXPLORE WHITE WOLF CAPITAL ABOUT OUR FIRM OUR TEAM STRATEGIES PRIVATE EQUITY PRIVATE CREDIT PORTFOLIO TRANSACTIONS NEWS FIRM NEWS INSIGHTS LEGAL DISCLAIMER PRIVACY POLICY CYBER SECURITY OUR OFFICES MIAMI, FLORIDA – USA 601 Brickell Key Drive Suite 700 Miami, FL 33131 United States 1-786-441-8441 info@whitewolfcapital.com CHICAGO, ILLINOIS – USA 500 W. Madison St. Suite 1000 Chicago, IL 60661 United States 1-312-254-5059 info@whitewolfcapital.com MONTREAL, QUEBEC – CANADA 1250 René-Lévesque Blvd W Suite 2200 Montréal, Québec H3B 4W8 Canada 1-514-800-1160 info@whitewolfcapital.ca © 2021 WHITE WOLF CAPITAL White Wolf Capital, White Wolf or WWC refers to White Wolf Capital Group, Inc., a Delaware corporation (“WWCGI”) and all of its subsidiaries and affiliates. White Wolf Capital Advisors, LLC, a Delaware limited liability company (“WWCA”) is a wholly-owned subsidiary of WWCGI. WWCA provides investment advisory services strictly to investment vehicles investing in private equity, private credit and other alternative asset investment opportunities. WWCA is a SEC registered investment advisor. Please click here for a copy of our most recent Form ADV2A Disclosure Brochure. WWCA’s public disclosure page can be found here. WWCA will notice file and maintain all applicable licenses as required by the states in which WWCA conducts business, as applicable. This website is not intended to offer investment advice.