July 2022
Pine Street Capital Partners III, LP is pleased to announce the following investment activity:
Additionally, in July 2022, Pine Street Capital III, LP successfully exited Artifact Uprising, LLC in connection with the sale of 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.
October 2021
Pine Street Capital Partners III, LP is pleased to announce the following new investments:
In addition, Pine Street Capital II has successfully exited the following investments:
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.
July 2021
Pine Street Capital Partners III, LP is pleased to announce the following investments:
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.
April 2021
Pine Street Capital Partners III, LP is pleased to announce a new investment as well as a successful exit in the first quarter of 2021:
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.
January 2021
Pine Street Capital Partners (Pine Street) is pleased to have remained active in the private markets as investment activity recovered during a difficult year. The following is our investment activity for the fourth quarter:
Pine Street Capital Partners II, LP had a successful exit from its investment in Wood Pro, a value-added distributor of flooring products to the professional market.
Pine Street Capital Partners III, LP made the following new investments:
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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce the following investments:
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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce an active and successful 2019. Highlights include the closing of the following platform investments:
In 2019, PSCP also made five follow-on investments into four current portfolio companies to support acquisitions.
We 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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce the following recent investments:
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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce an active and successful 2018. Highlights include the closing of the following investments:
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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (PSCP III) is pleased to announce a new investment in NEMO Equipment. Based in Dover, New Hampshire, NEMO is an innovative designer and manufacturer of premium outdoor gear, including tents, sleeping bags, sleeping pads, hammocks, and furniture. PSCP III is partnering with management to support NEMO's growth plans and continued success.
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 ("PSCP") 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.
We are proud to announce the addition of Jack Walsh to our team. Jack recently joined Pine Street as a Senior Associate in our Wellesley, MA office.
Previously, Jack was an Associate at Citizens Bank in Boston, MA. At Citizens, he was part of the leveraged finance and capital markets team responsible for evaluating and underwriting leveraged finance investment opportunities for middle market and mid-corporate companies across a variety of industries and transactions types. Jack also spent time in Citizens' restructuring and workout group. He is a graduate of Skidmore College (BS), where he was captain of the varsity hockey team.
At Pine Street, Jack will be involved with investment evaluation and execution, portfolio management, and deal flow generation.
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.
Pine Street Capital Partners is pleased to announce the following recent investments:
We also are excited to announce the addition of Callie Carpenter to our team. Callie joined as Controller after spending several years at Leverpoint Management, a third party fund administrator. Callie is located in our Albany, NY office.
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 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.
Pine Street Capital Partners III, LP (PSCP III) is pleased to announce a new investment in King Engineering Associates, Inc. ("King"). Based in Tampa, FL, King is a civil and environmental engineering services company serving both the public and private sectors. PSCP co-invested in this transaction with Kain Capital and Harvest Capital Credit. The investor group is partnering with management to support King's growth.
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 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.
Pine Street Capital Management is pleased to announce its first investment out of Pine Street Capital Partners III, LP (PSCP III), which was launched in Q4 2016. Nelson Worldwide ("NELSON"), based in Philadelphia, PA, is a leading integrated design and consulting organization with a diverse product offering catering to a wide range of end markets. NELSON offers global design, architecture, engineering, branding, space planning and space management services primarily in the commercial real estate sector. PSCP co-invested in this transaction with NewSpring Mezzanine Capital, Salem Investment Partners, and a subsidiary of Kemper Corporation (NYSE: KMPR). The investor group is partnering with management to support Nelson's growth.
Additionally, a second closing was held on PSCP III in March. PSCP III is now at its initial targeted capital amount. A final closing is expected later this year.
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 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.
Pine Street Capital Partners ("PSCP") is pleased to announce an active and successful 2016. Highlights include:
We have a strong pipeline of opportunities heading into 2017 and are actively seeking new investments for PSCP III which meet our criteria. We 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.
Pine Street Capital Partners (“PSCP”) is pleased to announce it has successfully exited from two investments out of PSCP II:
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.
Pine Street Capital Partners ("PSCP") is pleased to announce that it has received approval from the U.S. Small Business Administration ("SBA") for its second Small Business Investment Company ("SBIC") license and has held a first closing of Pine Street Capital Partners III, LP ("PSCP III").
Consistent with the investment strategy of its predecessor funds, PSCP III will provide subordinated debt and minority equity capital to high quality middle market companies based in the United States. PSCP III will invest $3-10 million per transaction to support corporate growth initiatives, acquisitions, recapitalizations and change of control situations.
Since 2005, PSCP has invested approximately $100 million in over 30 businesses to help middle market company owners and management meet their personal and corporate objectives. Fund principals greatly appreciate the support of the SBA and our private investor base to allow us to continue our successful investment strategy.
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.
Pine Street Capital Partners (PSCP) is pleased to announce the following recent investments:
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.
Pine Street Capital Partners II, LP (PSCP) is pleased to announce a new investment in Summit Sports. Based in Bloomfield Hills, MI, Summit Sports is a leading multi-channel action sports company and operator of the websites www.skis.com, www.snowboards.com, www.inlineskates.com, www.wateroutfitters.com, and www.campgear.com. PSCP co-invested in this transaction with Bay Capital Investment Partners, Eagle Private Capital, and Digital Fuel Capital. The investor group is partnering with the company founder to support Summit’s acquisitions of other e-commerce leaders in specialty sporting goods, as well as continue Summit’s organic growth and strong performance in the action sports industry.
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.
Pine Street Capital Partners II, LP (PSCP) is pleased to announce a new investment in Thermacore, Inc. In November, PSCP invested mezzanine debt and equity to refinance existing debt and provide capital for growth. Thermacore, located in Lancaster, PA, designs and manufactures highly engineered thermal management and material solutions. PSCP co-invested in this transaction with Bay Capital Investment Partners.
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.
Pine Street Capital Partners II, LP (PSCP) is pleased to announce a new investment in Rite Air Mechanical Services, a commercial HVAC & refrigeration maintenance and services company based in Bellmawr, NJ. PSCP co-invested in this transaction with Bay Capital Investment Partners and Roundwood Capital. The investor group is partnering with company founders Brian and Jeff Pomarici and providing growth capital to build on the Pomarici's successful track record of serving multi-unit operators in the mid-Atlantic region.
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.
Pine Street Capital Partners II, LP (PSCP) announces recent investments:
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.
October 2021
Pine Street Capital Partners III, LP is pleased to announce the following new investments:
In addition, Pine Street Capital II has successfully exited the following investments:
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.
July 2021
Pine Street Capital Partners III, LP is pleased to announce the following investments:
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.
April 2021
Pine Street Capital Partners III, LP is pleased to announce a new investment as well as a successful exit in the first quarter of 2021:
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.
January 2021
Pine Street Capital Partners (Pine Street) is pleased to have remained active in the private markets as investment activity recovered during a difficult year. The following is our investment activity for the fourth quarter:
Pine Street Capital Partners II, LP had a successful exit from its investment in Wood Pro, a value-added distributor of flooring products to the professional market.
Pine Street Capital Partners III, LP made the following new investments:
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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce the following investments:
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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce an active and successful 2019. Highlights include the closing of the following platform investments:
In 2019, PSCP also made five follow-on investments into four current portfolio companies to support acquisitions.
We 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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce the following recent investments:
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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (“PSCP”) is pleased to announce an active and successful 2018. Highlights include the closing of the following investments:
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.
About Pine Street Capital Partners
Pine Street Capital Partners is a multi-fund management company formed in 2005. Our 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. We have 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.
Pine Street Capital Partners III, LP (PSCP III) is pleased to announce a new investment in NEMO Equipment. Based in Dover, New Hampshire, NEMO is an innovative designer and manufacturer of premium outdoor gear, including tents, sleeping bags, sleeping pads, hammocks, and furniture. PSCP III is partnering with management to support NEMO's growth plans and continued success.
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 ("PSCP") 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.
We are proud to announce the addition of Jack Walsh to our team. Jack recently joined Pine Street as a Senior Associate in our Wellesley, MA office.
Previously, Jack was an Associate at Citizens Bank in Boston, MA. At Citizens, he was part of the leveraged finance and capital markets team responsible for evaluating and underwriting leveraged finance investment opportunities for middle market and mid-corporate companies across a variety of industries and transactions types. Jack also spent time in Citizens' restructuring and workout group. He is a graduate of Skidmore College (BS), where he was captain of the varsity hockey team.
At Pine Street, Jack will be involved with investment evaluation and execution, portfolio management, and deal flow generation.
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.
Pine Street Capital Partners is pleased to announce the following recent investments:
We also are excited to announce the addition of Callie Carpenter to our team. Callie joined as Controller after spending several years at Leverpoint Management, a third party fund administrator. Callie is located in our Albany, NY office.
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 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.
Pine Street Capital Partners III, LP (PSCP III) is pleased to announce a new investment in King Engineering Associates, Inc. ("King"). Based in Tampa, FL, King is a civil and environmental engineering services company serving both the public and private sectors. PSCP co-invested in this transaction with Kain Capital and Harvest Capital Credit. The investor group is partnering with management to support King's growth.
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 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.
Pine Street Capital Management is pleased to announce its first investment out of Pine Street Capital Partners III, LP (PSCP III), which was launched in Q4 2016. Nelson Worldwide ("NELSON"), based in Philadelphia, PA, is a leading integrated design and consulting organization with a diverse product offering catering to a wide range of end markets. NELSON offers global design, architecture, engineering, branding, space planning and space management services primarily in the commercial real estate sector. PSCP co-invested in this transaction with NewSpring Mezzanine Capital, Salem Investment Partners, and a subsidiary of Kemper Corporation (NYSE: KMPR). The investor group is partnering with management to support Nelson's growth.
Additionally, a second closing was held on PSCP III in March. PSCP III is now at its initial targeted capital amount. A final closing is expected later this year.
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 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.
Pine Street Capital Partners ("PSCP") is pleased to announce an active and successful 2016. Highlights include:
We have a strong pipeline of opportunities heading into 2017 and are actively seeking new investments for PSCP III which meet our criteria. We 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.
Pine Street Capital Partners (“PSCP”) is pleased to announce it has successfully exited from two investments out of PSCP II:
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.
Pine Street Capital Partners ("PSCP") is pleased to announce that it has received approval from the U.S. Small Business Administration ("SBA") for its second Small Business Investment Company ("SBIC") license and has held a first closing of Pine Street Capital Partners III, LP ("PSCP III").
Consistent with the investment strategy of its predecessor funds, PSCP III will provide subordinated debt and minority equity capital to high quality middle market companies based in the United States. PSCP III will invest $3-10 million per transaction to support corporate growth initiatives, acquisitions, recapitalizations and change of control situations.
Since 2005, PSCP has invested approximately $100 million in over 30 businesses to help middle market company owners and management meet their personal and corporate objectives. Fund principals greatly appreciate the support of the SBA and our private investor base to allow us to continue our successful investment strategy.
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.
Pine Street Capital Partners (PSCP) is pleased to announce the following recent investments:
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.
Pine Street Capital Partners II, LP (PSCP) is pleased to announce a new investment in Summit Sports. Based in Bloomfield Hills, MI, Summit Sports is a leading multi-channel action sports company and operator of the websites www.skis.com, www.snowboards.com, www.inlineskates.com, www.wateroutfitters.com, and www.campgear.com. PSCP co-invested in this transaction with Bay Capital Investment Partners, Eagle Private Capital, and Digital Fuel Capital. The investor group is partnering with the company founder to support Summit’s acquisitions of other e-commerce leaders in specialty sporting goods, as well as continue Summit’s organic growth and strong performance in the action sports industry.
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.
Pine Street Capital Partners II, LP (PSCP) is pleased to announce a new investment in Thermacore, Inc. In November, PSCP invested mezzanine debt and equity to refinance existing debt and provide capital for growth. Thermacore, located in Lancaster, PA, designs and manufactures highly engineered thermal management and material solutions. PSCP co-invested in this transaction with Bay Capital Investment Partners.
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.
Pine Street Capital Partners II, LP (PSCP) is pleased to announce a new investment in Rite Air Mechanical Services, a commercial HVAC & refrigeration maintenance and services company based in Bellmawr, NJ. PSCP co-invested in this transaction with Bay Capital Investment Partners and Roundwood Capital. The investor group is partnering with company founders Brian and Jeff Pomarici and providing growth capital to build on the Pomarici's successful track record of serving multi-unit operators in the mid-Atlantic region.
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.
Pine Street Capital Partners II, LP (PSCP) announces recent investments:
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.