Scargo Hill Capital launched to provide senior secured capital solutions in the lower middle-market across retail, consumer products and the broader supply chain. Scargo Hill is led by Andy Moser, former president and CEO of Salus Partners, and more recently, managing director at Monroe Capital. Moser is joined by Thomas J. Lynch, managing partner and chief risk officer, and Mark E. Gallivan, principal. The firm’s partnership includes strategic and lead investors Schottenstein affiliate SB Capital Group and Stephen G. Miller, CEO of 360 Merchant Solutions.
“The ongoing credit challenges and widening gap across lower middle-market companies has made it very challenging for them to access adequate liquidity,” Moser said. “Scargo Hill has been created to provide a full range of senior secured capital solutions to a sector that our management team has been dedicated to serving for nearly 25 years.”