David Townsend

BB&T Capital Partners manages over $725 million in committed capital across three fund strategies which are all focused on the middle market. The firm makes direct equity investments in, and provides subordinated debt to, privately-held middle market companies throughout the United States. Since 1998, BB&T Capital Partners has invested in over 50 companies, in a variety of industries, providing junior capital to facilitate buyouts, acquisitions, growth and recapitalizations. The typical investment size is $5-$15 million and the firm targets businesses with a minimum EBITDA of $3 million. BB&T Capital Partners is affiliated with BB&T Corp., one of the largest bank holding companies in the U.S., with over $130 billion in assets.