About

RFC Capital Partners Fund 3, LLC ("RFC") is the most current fund (circa 2020) in the 36-year history of RFC Capital Partners.

RFC provides both advisory (investment banking and corporate strategy) and makes capital investments in a wide range of operating companies. RFC has provided advisory services to some of the largest corporate clients (e.g., McKesson Corporation), private equity firms (e.g., Bain Capital) as well earlier stage ventures (e.g., Splash Beverages, Masters Pharmaceuticals).

RFC invests in companies ranging from “start-ups” (e.g., CartPilot, Impress3D Dental, Arfona Printing, Splash Beverages, Stolen Beverages, STOR), to “roll-ups” (e.g., Konfidents Dental, Germany), “corporate carveouts” (e.g., Bioniche, Unisource), “management buyouts” (e.g., Bolt-Tech) and leveraged buyouts (e.g., Coachman Industries, Coe Manufacturing, Masters Pharmaceuticals) where there is "transitional" opportunity to increase shareholder value.

In addition to our own funds, we partner with private equity investors (e.g., Bain Capital, Altor, HIG, RoundTable, etc.) to sponsor investments in companies of virtually any size and in a broad range of industries and geographic locations.

RFC's invests in many geographies, including North America, Europe, Asia and the Pacific Rim.

Investment Strategy and Focus

Generally, RFC sponsors investments in companies with enterprise values ranging from $20 million to $500 million. We seek strong management teams seeking a partner to help them develop strategic growth plans and to acquire the financial and management resources to achieve their plans.

RFC has extensive experience in healthcare-related opportunities, wood products, light industrial, and consumer products.

We are most interested in "transitional" opportunities that involve:

Growth strategies involving product expansion, acquisitions, or consolidations of an industry.

Partner buy-outs or succession planning strategies.

Division or product line spin-offs from public or private companies.

As a result we seek companies where we can:

Pursue significant top-line growth.

Increase profitability through operational improvements.

Enhance managerial and board expertise.

Strengthen operational flexibility through creative capital structuring.

Experience: Current and Select Previous Transactions

RFC provides both capital investments as well as advisory services to a wide range of companies, including the following representative transactions (not a complete list of transactions):

Current Transactions:

Industrial “Carve Out” (Current)- RFC is working with a public company and a management team to “carve out” a $400 million division from a public company (deal is in process so no details can be disclosed).
Medical Equipment Manufacturer (Current)- RFC is leading an investment in a leading medical equipment manufacturer (deal is in process so no details can be disclosed).
Konfidents (Current)- RFC is a founding partner in Konfidents, the largest dental “roll-up” in Germany. RFC joined a management team to craft an acquisition strategy, identify dental practices to acquire, draft the investment memorandum, provide initial funding then to select a co-investment partner to provide the initial EUR 100 million in acquisition financing.
Impress3D (Current)- RFC is a founding partner is a digital dental lab providing both clear tooth aligners (ZeeAlign) and 3D printed dentures (Arfona Printing). RFC provided the start-up capital for the venture and is providing ongoing strategy consulting and business development.
Splash brands as SALT Tequila and Tap-Out Sports beverages.
STOR Distribution (Current)- RFC is a founding partner of STOR, a specialty distribution company launching consumer products to “big box” retailers.
CartPilot (Current)- RFC provided all the investment capital to CartPilot, an Internet-based consumer brand launch platform.
Stolen Holdings (Stolen Whiskey) (Current)- RFC is an early stage (A Round) investor in Stolen Holdings.

Select Previous Transactions:

Masters Pharmaceuticals- RFC represented the sale of Masters to McKesson Corporation. RFC provided business advisory services and initiated the transaction with McKesson, RFC had also provided advisory services to McKesson leading up to the transaction.
Bolt-Tech- RFC partnered with management to acquire Bolt-Tech. Two years later, and after achieving 400% growth in earnings, RFC exited the investment to a private equity buyer resulting in a 9.0x return on equity invested.
Bioniche- RFC led the acquisition of Bioniche Sterile Injectables division from its parent company for $39 million. RFC teamed with management and one of its private equity sponsors. Four years later, RFC exited the investment to Mylan Corporation for $550 million.
Unisource- RFC led the carve-out of Unisource from Georgia Pacific Corporation for $970 million. RFC teamed with Bain Capital to complete the transaction. RFC exited the investment through a public merger with International Paper.
Frucor Beverages- RFC teamed with Pacific Equity Partners to acquire Frucor from The New Zealand Pear and Apple Marketing Board (ENZA). In less than 12 months, Frucor listed publicly resulting in a 10x increase in valuation. Less than one year later, Frucor was acquired by Danone resulting in a 20x return on capital invested.

Contact

Mark Teufel, Managing Partner

Direct: 312-339-0215

Mr. Teufel is predominantly focused on evaluating and structuring new investment opportunities, as well as managing the firm’s capital partner relationships. His experience includes a wide variety of merchant banking, merger & acquisition and corporate finance assignments in the manufacturing, food, distribution, service, communications, retail and entertainment industry sectors.

Prior to joining Resource Financial Corporation in 1994, Mr. Teufel was in the private equity group at Heller Equity Capital Corporation, making direct equity investments in under-performing companies. In this capacity he was responsible for identifying investment opportunities, negotiating and structuring investments, performing all phases of operational and financial due diligence and closing the investments.

Mr. Teufel received his Bachelor of Science in Accounting from the Indiana University and a Masters of Management Degree from the J.L. Kellogg Graduate School of Management at Northwestern University. Mr. Teufel also obtained a Certified Public Accountant certificate.