Sanjay Achar

Sanjay Achar is a Senior Associate at Corbel Capital Partners, a Los Angeles-based investment firm founded in 2013 that manages more than $1 billion of institutional capital and makes structured debt and equity investments in lower market businesses. Corbel says Achar joined the firm in 2022 and works across its strategies on new investment analysis and portfolio-company support.

Before Corbel, Achar was an investment professional at Seacoast Capital. Seacoast is a lower middle-market investor that provides subordinated debt and equity to U.S. companies, historically targeting businesses with at least $10 million in revenue and $2 million in EBITDA. Earlier in his career, Achar worked in investment banking at SunTrust Robinson Humphrey.

Achar earned a B.S. in Policy Analysis and Management from Cornell University. His current board representations listed by Corbel are Access Dental, Atlantic Jet Partners, a leading credit repair services company, Northern Plains Distributing, Premier Plastic Surgery, and Universal Services Inc.

• Corbel’s core mandate is structured debt and equity for lower middle-market businesses. The firm states: “Corbel typically invests $10 - $35 million in a wide variety of industries.”
• The firm invests across both performing companies and special situations: stable, growing businesses with strong management teams, significant addressable markets, leading market share, and value-added M&A opportunities; and temporarily challenged companies with quality enterprise or asset value and identifiable recovery potential.
• Corbel uses flexible securities rather than a single product: unitranche debt, debt with equity participation, convertible debt, participating or convertible preferred equity, and common equity.
• Transaction types include growth capital, partial sale/dividend recapitalization, financing for independent sponsors, strategic acquisition financing, shareholder or partner buyouts, rescue capital, and secondary purchases of existing securities.
• Corbel’s sector coverage is broad, with explicit target industries including software & technology, specialty manufacturing, business services, healthcare, industrials, media & advertising, consumer & retail, and aerospace & defense.