Graycliff Partners is an independent investment firm focused on lower middle market private equity and mezzanine investments. The firm primarily invests in the niche manufacturing, business and industrial services or value-added distribution sectors. It provides capital for change of control transactions, management buyouts, recapitalizations, growth and acquisition financings. Graycliff often prefers to partner or transact with family or entrepreneur-owned businesses with a diversified customer base and well-defined exit strategy. Founded in 2011, Graycliff is a spin-off of HSBC Private Equity.