Falcon Investments

Falcon Investments

Sandeep Alva established Falcon Investments in 2000 to provide junior capital to middle-market companies across North America. The firm operates from Boston and New York, led by its four managing partners — Alva, Sven Grasshoff, Matthew Prout, and CIO John Schnabel — who have collaborated for decades. Falcon has closed more than 135 client engagements since inception. Falcon deploys flexible capital structures that combine subordinated debt, holdco notes, preferred equity, and common equity into a single financing package. The firm targets businesses with $20 million or more in EBITDA and writes checks between $20 million and $75 million per transaction, supporting management buyouts, leveraged buyouts, growth capital, acquisition lines, and dividend recaps. Sectors of emphasis include food and beverage, information technology, healthcare, education and training, and business services. Portfolio names confirm the breadth: Falcon backed Captain D's seafood chain through a 2013 structured capital solution for Centre Partners, then again in 2022 when Centre Partners reacquired the now-500-plus-unit brand. It also provided senior subordinated debt and equity to Acacia Group's Column Technologies for a transformational add-on acquisition. Falcon lists 31 professionals on its team page, with offices in Boston and New York, and reports more than 50 active portfolio companies. The investment group is joined by a dedicated investor-relations function led by partner Kristina Matthews. In 2022, Falcon redeployed capital behind Centre Partners' reacquisition of Captain D's, continuing a relationship that began in 2013 and demonstrating its willingness to support the same sponsor across successive ownership cycles. Falcon's structural differentiator is a generalist, sponsor-agnostic credit mandate delivered by a compact senior team with multi-decade tenure together — a contrast with the larger, fund-based direct lenders that dominate middle-market credit. The firm does not operate a multi-fund family or an affiliated private-equity arm, keeping the model concentrated on custom financing for single transactions.