Recent Investment Activity for Pine Street Capital Partners

Pine Street Capital Partners II, LP (PSCP) announces recent investments:   

  • In July, PSCP invested mezzanine debt and equity in connection with the acquisition of Tristan Medical in a transaction led by MedEquity Capital. Tristan is an operator of primary care, occupational medicine and urgent care centers in Southeastern Massachusetts.
  • In July, PSCP invested mezzanine debt into Carthage Specialty Paperboard, Inc. in connection with the recapitalization of the company by DeltaPoint Capital. Carthage Specialty Paperboard, located in Carthage, NY, is a manufacturer of uncoated recycled paperboard used in premium specialty applications. PSCP co-invested in this transaction with Patriot Capital.

We are actively seeking new investments which meet our criteria, and we are committed to responding quickly to opportunities in a thoughtful and transparent manner. We look forward to working with you.

About Pine Street Capital Partners

Pine Street Capital Partners is a multi-fund management company formed in 2004. PSCP's latest fund, Pine Street Capital Partners II, LP, continues our strategy of investing subordinated debt and non-control equity in smaller established companies with experienced and committed management teams, providing capital for buyouts, recapitalizations, acquisitions and corporate growth. PSCP has a broad investment mandate, with a preference for niche manufacturers, business services, health care and later stage IT companies. We will invest $2-6 million per transaction either as sole investor or as part of a larger investor group