PSCP Completes Successful 2018
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce an active and successful 2018. Highlights include the closing of the following investments:
- A mezzanine debt investment in NEMO Equipment (“NEMO”). Based in Dover, NH, NEMO is an innovative designer and manufacturer of premium outdoor gear, including tents, sleeping bags, sleeping pads, hammocks, and furniture. PSCP is partnering with management to support NEMO’s growth plans and continued success.
- A mezzanine debt and equity investment to support the acquisition of four leading program management firms collectively operating as Anser Advisory (“Anser”), a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services to the public and private sectors. PSCP supported a NYC-based private equity firm on this transaction.
- A mezzanine debt and equity investment to support the acquisition of Boutique Brands (“BB”). BB is a collection of online boutique retailers of quick-turning value-priced women’s apparel, currently comprised of Discount Divas, located in Huntsville, AL, and Lime Lush, based in Salt Lake City, UT. PSCP supported a Boston-based private equity firm on this transaction.
- A mezzanine debt and equity investment to support the acquisition of Filterworks USA, Inc. (“Filterworks”). Filterworks, based in Deerfield Beach, FL, is a leading layout and design, capital equipment, and service provider to the automotive collision repair industry. PSCP supported a Georgia-based private equity firm on this transaction.