Pine Street Capital Partners Completes a Successful 2024

Pine Street Capital Partners is pleased to announce an active and successful 2024.  Highlights include the following:

• Pine Street Capital Partners successfully closed Pine Street Capital Partners IV, LP (“PSPC IV”) at $203 million, exceeding our target amount.
• PSCP IV closed seven new platform investments:

• Pine Street Capital Partners III, LP (“PSCP III”) and PSCP IV made several follow-on investments to support existing portfolio company activity:

• PSCP III and PSCP IV had the following exits from sales of the respective companies:

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.

Q1 2025 Activity for Pine Street Capital Partners

Pine Street Capital Partners is pleased to announce the following new investment and exit:

• PSCP III, LP made a follow-on mezzanine debt investment in Lumina Vision Partners, LLC to support the acquisition of an optometry practice in Texas. Lumina is a network of patient-centric optometric practices, based in Scottsdale, AZ with locations in Arizona and Texas.
• PSCP IV, LP made a mezzanine debt and equity investment in FlexiInternational Software, Inc. (“Flexi”), a provider of enterprise accounting software geared towards institutions in banking, insurance, and other regulated markets with complex accounting needs. Flexi is headquartered in Shelton, CT.
• In March, PSCP III, LP exited its equity investment in a portfolio company in connection with a dividend recapitalization transaction by the company.

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.

Q2 2025 Activity for Pine Street Capital Partners

Pine Street Capital Partners is pleased to announce the following new investment:

• PSCP IV, LP made a mezzanine debt and equity investment in Precision Piping Products (“P3”), a manufacturer of piping preservation and protection products. P3 is headquartered in Houston, Texas.

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.

Q3 2025 Activity for Pine Street Capital Partners

Pine Street Capital Partners is pleased to announce the following new investments:

• PSCP IV, LP made a follow-on mezzanine debt investment in Monument Advocacy, LLC (“Monument”), a leading national, bipartisan government relations and public affairs consulting firm whose clients include Fortune 500 corporations, non-profits, and innovator companies. This investment was used to help fund an add-on acquisition.
• PSCP IV, LP made a mezzanine debt and equity investment in Recycling Equipment Inc. (“REI”). REI distributes, manufactures, installs, maintains, and services recycling equipment, primarily in the Southeast, Mid-West, and Mid-Atlantic regions of the U.S. This investment was used to fund an add-on acquisition of Advanced Equipment Sales (“AES”), broadening REI’s capabilities and service offerings.

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.