Portfolio Company Exits

Velocity Technology Solutions provides enterprise software management services and system integration for the SMB market. The Company is headquartered in New York City. PSCP led the growth capital investment in the Company in November 2005.

In March 2007, Velocity retired Pine Street’s debt and redeemed our warrants.

Alfred Angelo, Inc. is a designer, manufacturer, wholesaler and retailer of bridal gowns and special occasion dresses. Alfred Angelo is headquartered in Fort Washington, PA. PSCP co-invested with NewSpring Capital in the growth capital investment in the Company in August 2006.

In February 2008, Alfred Angelo retired Pine Street’s debt and redeemed our warrants.

NCT, Inc. is a leading communications services company providing infrastructure networking and connectivity solutions to companies in the Southeast. The Company is headquartered in Charlotte , NC . PSCP co-invested in the growth capital investment in NCT in December 2006. NCT is currently owned by NewSpring Capital.

In October 2008, NCT retired Pine Street’s debt and redeemed our warrants.

Dynabil Industries, Inc. is a manufacturer of precision sheet metal components and assemblies for the aerospace industry. In particular, the Company specializes in hot forming titanium and other exotic metals to customer specifications. Dynabil is headquartered in Coxsackie , NY . PSCP co-invested in the leveraged buyout of the Company by DeltaPoint and HSBC Equity in March 2006.

In December 2008, Dynabil retired Pine Street’s debt and redeemed our warrants.

AccuMed Technologies, Inc . is a manufacturer of specialty materials for the medical, industrial, sporting goods, footwear and military industries. The Company is headquartered in Buffalo , NY . PSCP co-invested with management, Trillium Partners and Hamilton Lane in the management buyout of AccuMed in July 2006.

In May 2010, AccuMed retired Pine Street’s debt and redeemed our preferred equity.

Fischbein is a leading U.S.-based manufacturer of highly engineered packaging and material handling equipment. In May, 2007 Pine Street made an investment in support of the recapitalization of Fischbein, located in Statesville, NC, by Circle Peak Capital LLC.

In May 2011, Fischbein retired Pine Street's debt and redeemed our preferred equity.