Pine Street Capital Partners Announces Recent Exits

Pine Street Capital Partners (“PSCP”) is pleased to announce it has successfully exited from two investments out of PSCP II: 

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

We are actively seeking new investments for PSCP III which meet our criteria and are committed to responding quickly to opportunities in a thoughtful and transparent manner.

 

About Pine Street Capital Partners

Pine Street Capital Partners is a multi-fund management company formed in 2005. PSCP's latest fund, Pine Street Capital Partners III, 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 $3-10 million per transaction either as sole investor or as part of a larger investor group.