A mezzanine or Series 1, is ordinarily the most challenging round of equity financing, after seed or angel investors. If it’s relatively still early stage, it’s often predicated on either liquidity or solvency concerns or both. This will usually be the single largest equity slug of the founder(s), so all the more important that the process is well understood and carefully orchestrated, not least to minimise dilution.
A dynamic, going concern on a 30% + CAGR trajectory looking to raise expansion capital is obviously a very different proposition; positioning, investor “collateral”, investor universe/short listing and method of engagement is markedly different.
With a track record of having closed a broad cross section of capital raisings, JPL knows its way around the corridors of influence within the global Mezzanine and PE industry.