Waterside Capital Corp an SBIC fund & traded fund, invests in smaller middle-market companies headquartered primarily in the Mid-Atlantic region of the US. The fund focuses on both private and public companies with revenues greater than $5 million, sustainable cash flow and experienced management teams with ownership interests. It targets companies operating in the fields of service, manufacturing, telecommunications, healthcare, information technology and media. It provides mezzanine financing (subordinated debt with warrants) and also senior debt financing. Types of transactions include: MBOs, LBOs, acquisitions, recapitalizations and expansion/growth financing. The investments range from $0.5 to $3 million and the fund also participates in larger transactions.