# Medallion Capital

Medallion Capital is an Asset Manager based in Excelsior, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Excelsior, United States
- **Region:** North America
- **Address:** 21940 Minnetonka Blvd., Excelsior, MN 55331-8615, United States
- **Founded:** 1979
- **Assets under management:** Undisclosed
- **Website:** www.medallioncapital.com
- **LinkedIn:** https://www.linkedin.com/company/medallion-capital

## Regulatory record

- **Reports private funds:** No

## About

When exceptional small business leaders have the capital they need to pursue growth, they drive innovation, create jobs, and power the U.S. economy.

## Sectors

- Manufacturing & Industrials
- Business Services
- Healthcare Services
- Technology & Analytics
- Food & Consumer Products

## Questions

### What is an SBIC, and how does Medallion Capital's license affect its investment approach?

An SBIC is a Small Business Investment Company licensed by the U.S. Small Business Administration to provide capital to domestic small businesses. Medallion Capital holds an evergreen SBIC license, the oldest in the country, which means it is not bound by the typical fund-life constraints of traditional private capital vehicles. This structure allows it to hold subordinated debt and minority equity positions for as long as the business relationship warrants, creating a patient-capital posture. The license also restricts investments to U.S.-based businesses and bars real estate, farmland, and project financing.

### How does Medallion Capital source its investment opportunities?

Medallion Capital partners with independent sponsors, private equity firms, and owner-operators of lower-middle-market businesses to source deals. The firm emphasizes relationships with intermediaries who bring forth businesses requiring flexible subordinated debt or minority equity infusions. Its multi-decade track record and status as the oldest SBIC in the U.S. provide a reputational moat that attracts repeat referrals from financial sponsors operating in the small-business segment.

### Does Medallion Capital invest outside the United States?

No, Medallion Capital only invests in U.S.-based businesses. Its license as a Small Business Investment Company legally prevents it from providing capital to foreign-owned or foreign-controlled enterprises. The firm also explicitly excludes investments in real estate, farmland, and project financing from its investment criteria.

### Which sectors does Medallion Capital explicitly avoid?

Medallion Capital does not invest in foreign-owned businesses, real estate, farmland, or project financing, per the restrictions of its federal SBIC license. Within the U.S. market, it is industry-agnostic but generally operates within five core sectors; it avoids committing capital to companies with less than $2 million in EBITDA.

## Related profiles

- [Medalist Partners](https://altss.com/profile/medalist-partners)
- [Medical Angels](https://altss.com/profile/medangels)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/medallion-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology