Brief Overview of Investment Strategy
As the firm invests its own capital in every deal, part of Shepard Capital’s investment thesis is to diversify its holdings across a variety of industries and business models. Shepard Capital Partners portfolio investments include:
Representative Transactions – Growth Capital
Uown Leasing is a Tampa-based Fin-Tech company providing point of sale financing to online, omni-channel and traditional store-based merchants. The Uown “No Credit Needed” lease purchase program provides payment solutions to credit challenged consumers and enables them to acquire the items they desire today through a transparent lease to own payment process over 13 months. Demand for the programs like Uown offers is on the rise, as consumers have faced unprecedented challenges in the last 18 months while traditional financing companies have continued to tighten their standards for working with consumers. Uown Leasing currently operates in over 45 states and has served this market since 2008.
Shepard Capital Partners entered into a relationship with Uown Leasing in 2012 in the form of a growth capital investment to support increased volume in lease transactions with a subsequent preferred equity investment in 2014. In 2018, Shepard Capital Partners acquired controlling interest in Uown Leasing and restructured management and back-office operations to enable the company to scale more efficiently. In February of 2020, Shepard Capital Partners sold controlling interest in Uown Leasing to a Miami based investment firm. Under the terms of the acquisition, Uown Leasing has combined operations with the firm’s existing lease-to-own product and continues operate solely under the Uown Leasing name. Shepard Capital Partners retains an ongoing equity investment in the new entity.
For more information on Uown Leasing, please visit www.uownleasing.com.
Credence Advisors, LLC
Credence Advisors, LLC is a Tampa based firm offering bookkeeping, accounting and fractional CFO services to growing companies. The firm was started by John Hornbeck, an experienced CFO with several successful local companies. Credence Advisors’ top priority is to help businesses achieve their operational and financial objectives through the provision of high quality, timely and insightful Accounting and Financial Leadership support.
Shepard Capital Partners provided equity capital to Credence Advisors and participates on the Board of Directors.
For more information on the firm and services offered, please visit https://www.credenceadvise.com.
With a senior management team that collectively has over 60 years of healthcare staffing experience, samstaff guides healthcare leaders through the process to attract and hire GREAT talent in key areas, such as Healthcare Information Management (HIM) Coding, Cancer and Trauma Registry, Clinical Documentation Improvement, as well as Interim Hospital Leadership and Physician hiring.
Shepard Capital Partners provided preferred equity investment for samstaff and participates on the Board of Directors.
Samstaff works with candidates and clients nationwide and is a certified Women Owned Business and a Women Owned Small Business. The company is headquartered in Tampa, Florida.
For more information on samstaff, please visit www.samstaff.com.
Representative Transactions – Commercial Real Estate
The Crossings at Nine Mile
The Crossings at Nine Mile is a 240-unit multi-family apartment community located in Pensacola, Florida and built in 2011. The property offers one bedroom (84 units), two bedroom (120 units) and three bedroom (36 units) apartments for lease. All apartments have stainless steel kitchen appliances, large master bedroom suites, high ceilings and screened porches. Every building at The Crossings has a metal roof, and there is a community clubhouse with a swimming pool, fitness center and internet café.
Shepard Capital Partners acquired controlling interest in this property through a preferred equity investment. The project is mortgaged via a loan from United States Department of Housing and Urban Development (HUD).
For more information on The Crossings at Nine Mile, please visit www.thecrossingsatninemileroad.com.
Crossings of Dawsonville
Crossings of Dawsonville is a 216-unit multi-family apartment community developed in partnership with Homecorp, Inc. in Dawsonville, Georgia. The property offers one bedroom (84 units), two bedroom (92 units) and three bedroom (40 units) apartments for lease. All apartments have stainless steel kitchen appliances, large master bedroom suites, high ceilings and screened porches. Construction was completed in the 4th quarter of 2019.
Shepard Capital Partners provided majority preferred equity financing for this ground-up development. Construction and mortgage financing were provided through a loan from United States Department of Housing and Urban Development (HUD).
For more information on Crossings of Dawsonville, please visit www.thecrossingsofdawsonville.com.
Catalina Industrial is comprised of two heavy industrial facilities located in Tampa, Florida, which are currently leased by multiple tenants. The Catalina Industrial sites span over 19.5 acres. Shepard Capital Partners acquired these properties in a sale-leaseback transaction in 2016.
In 2017, Shepard Capital Partners completed the installation of a 507-kilowatt solar photovoltaic (PV) system on one of the Catalina Industrial construction bays. At a half a megawatt of electricity, it was at that time, the largest solar installation for an industrial application in Hillsborough County and one of the largest in the State of Florida. For more information, please visit: http://www.prweb.com/releases/2017/02/prweb14098491.htm.
Shorehouse 2 Townhomes
Shorehouse 2 is a new development of four-story modern townhomes offering two and three bedroom floor plans located in a desirable South Tampa neighborhood. The project is a partnership with Sight Development and is expected to break ground in late 2021.
Shepard Capital Partners acquired the land and is providing majority preferred equity financing for this ground-up development.
Representative Transactions – Passive Investments
Hyde Park House Bayshore
Gate City Shopping Center
Westshore City Center
Osprey Capital Fund
Golden Gate Shopping Center
Club Haven Shopping Center
Buddy Brew Bay-to-Bay
The Marsh Assisted Living
Mount Pleasant, SC