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.

 

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