Churchill is one of the largest and most experienced private debt managers in the U.S., ranking #1 most active U.S. Buyouts Lender for 2024 by PitchBook1.”
Mathew Linett
Head of Senior Lending
Investment criteria
Senior lending
Company size (EBITDA)
$10 - $100 mm
Target position size
$50 - $500 mm
Target markets
- Traditional middle market
- Upper middle market club
Capabilities
- 1st lien
- Unitranche
- Revolving credit
- DDTL
Insight
White paper
The year ahead: top 5 private capital trends
Private capital stands primed to capitalize on what looks set to be a favorable environment for generating returns and income as the macroeconomic fog clears,…
Industry expertise
From our experience in investing through various cycles, we have deep expertise across a broad range of industries. We focus on issuers with strong market positions, differentiated value propositions and sustainable competitive advantages.
Recent transactions
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Heartland Business Systems
Heartland Business Systems
Lead Left Arranger
- Senior Secured Credit Facility
GenNx 360 Capital Partners
October 2025
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Industrial Air Flow Dynamics
Industrial Air Flow Dynamics
Sole Lead Arranger
- Senior Secured Credit Facility
Incline Equity Partners
August 2025
-
Penta Group Holdings
Lead Left Arranger
- Senior Secured Credit Facility
Shamrock Capital Advisors
July 2025
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News & Press
Private debt’s show of strength
New York, October 22, 2025 – In this podcast, Randy discusses why lenders who have built strong relationships with investors through market cycles are well-placed to benefit from market uncertainty.
Randy Schwimmer live on Bloomberg Surveillance Radio
New York, October 17, 2025 – In this podcast, Randy provides important insight on how lending to sponsor backed traditional core middle market businesses can help insulate investors from the volatility affecting other segments.
Churchill’s Ken Kencel to receive the 2025 Lifetime Achievement Award and be inducted into the M&A Advisor Hall of Fame
New York, NY, October 14, 2025 – The M&A Advisor is proud to announce that Ken Kencel, President and CEO of Churchill Asset Management, will be recognized as The M&A Advisor’s 2025 Lifetime Achievement Award recipient. Mr. Kencel will be honored for his significant contributions in the fields of private capital and middle-market finance at the 2025 Future of Dealmaking Summit, on November 18th & 19th in New York City. Mr. Kencel will also be formally inducted into The M&A Advisor’s Hall of Fame…