Candlewood Partners, LLC, Investment Arm is a private equity firm specializing in out-of-court restructurings, recapitalization, turnaround, Article 9 sales, chapter 11 – 363 sales, asset sales, other distressed and special situations, buyouts, and mature transactions in under-performing lower middle market companies. The firm does not invest in early stage enterprises, real estate, restaurants, or retail related companies. It also considers situations where management changes may be necessary. The firm invests in manufacturing, capital goods, consumer products, basic materials, chemicals, transportation, business services, food, and distribution. It typically invests between $1 million and $30 million and in certain circumstances it co invests also. The firm targets businesses generating annual revenues between $25 million and $250 million. It typically holds its investments for one year to five years and can invest for longer period. The firm can invest in the form of equity investment or the purchase of bank debt or publicly traded bonds. Candlewood Partners, LLC, Investment Arm is based in Cleveland, Ohio with an additional office in New York, New York.