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PSCP completes successful 2016

Pine Street Capital Partners ("PSCP") is pleased to announce an active and successful 2016. Highlights include:

  • Held a first closing on Pine Street Capital Partners III, LP in conjunction with the receipt of our second Small Business Investment Company (SBIC) license from the US Small Business Administration in September.

  • Successfully exited four investments from PSCP II, as highlighted below:

    • In December, PSCP exited from its investment in Scotia Technology, a Laconia, NH, based niche supplier of tube assembly components for the aircraft and aerospace industries.

    • In December, PSCP exited from its investment in Merrill Industries, a packaging company providing corrugated packaging solutions to industrial customers located primarily in Southern New England. Merrill is located in Ellington, CT.

    • In October, PSCP exited from its investment in Thermacore, a designer and manufacturer of highly engineered thermal management and material solutions. Thermacore is based in Lancaster, PA.

    • In June, PSCP exited from its investment in GenServe, a supplier and servicer of backup power solutions based in Plainview, NY.

We currently have a strong pipeline of opportunities and are actively seeking new investments that meet our criteria.
We are committed to responding quickly to opportunities in a thoughtful and transparent manner.