Investment Focus & Thesis

Blue Owl provides flexible capital solutions to middle market companies. Their investment thesis centers on partnering with growing companies: Investment Range Debt investments typically $25M-$250M in companies with EBITDA of $10M-$50M+. Capital Solutions Senior secured loans, unitranche, and minority equity investments. Senior secured debt — First lien loans with strong security positions Unitranche — Combined senior and junior debt in one facility Subordinated debt — Mezzanine and second lien financing Minority equity — Strategic equity co-investments Recapitalizations — Dividend recaps and growth capital

Notable Portfolio Companies

Blue Owl has built a large and diversified portfolio of middle market companies: Company Sector Notes Cvent Technology Event management software Diligent Technology Governance software Qdoba Restaurant Fast-casual Mexican restaurant Casper Consumer Direct-to-consumer mattress Workhuman Human Resources Employee recognition platform Axon Public Safety Law enforcement technology Blue Owl has invested in over 200 portfolio companies across multiple sectors, making them one of the most active private credit investors.

What Blue Owl Looks For

Based on their investment patterns, Blue Owl evaluates opportunities based on: EBITDA — Target companies with $10 million to $50 million+ in EBITDA Revenue size — Companies with $50 million to $500 million in revenue Cash flow — Demonstrated ability to service debt with stable cash flow Security — Strong asset coverage and security positions Management — Experienced management teams with skin in the game }> Pro Tip Blue Owl provides flexible capital solutions and can often move quickly to close deals. They offer one-stop financing solutions that can simplify the capital stack. Be prepared to discuss your cash flow and use of funds.

How to Connect With Blue Owl

Approaching Blue Owl requires demonstrating your creditworthiness: 1 Demonstrate EBITDA Show EBITDA between $10M and $50M+ with stable cash flow generation. 2 Show Cash Flow Coverage Demonstrate ability to service debt with consistent operating cash flow. 3 Prepare Use of Funds Have a clear plan for how you'll use the capital and generate returns. 4 Consider Full Capital Stack Think about whether you need debt only or debt plus equity. Blue Owl offers both.

The Value of Financial Preparedness

Credit firms like Blue Owl expect strong financial infrastructure and cash flow metrics: Cash Flow Metrics • EBITDA ($10M-$50M target) • Debt service coverage • Operating cash flow • Free cash flow Balance Sheet • Asset values • Current liabilities • Leverage ratios • Collateral coverage }> How Eagle Rock Helps We help companies prepare for credit investment by building detailed financial models, cash flow projections, and capital structure planning. Our fractional CFO services ensure your company meets the criteria that firms like Blue Owl require.

Frequently Asked Questions