Pine Street Capital Partners is pleased to announce the following new investment and exit:
PSCP III, LP made a follow-on mezzanine debt investment in Lumina Vision Partners, LLC to support the acquisition of an optometry practice in Texas. Lumina is a network of patient-centric optometric practices, based in Scottsdale, AZ with locations in Arizona and Texas.
PSCP IV, LP made a mezzanine debt and equity investment in FlexiInternational Software, Inc. (“Flexi”), a provider of enterprise accounting software geared towards institutions in banking, insurance, and other regulated markets with complex accounting needs. Flexi is headquartered in Shelton, CT.
In March, PSCP III, LP exited its equity investment in a portfolio company in connection with a dividend recapitalization transaction by 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.