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Patriot Capital Completes a Growth Capital Investment into AWS Convergence Technologies
August 6, 2008
Patriot Capital has provided growth capital financing in the form of Subordinated Debt and through participation in a Preferred Stock issuance to AWS Convergence Technologies, Inc. AWS Convergence Technologies, Inc. is a leading technology company that connects consumers, businesses, and advertisers with weather content using precise technology-based solutions. The Company delivers highly differentiated local content via (i) the WeatherBug desktop application (ii) syndication partnerships with television outlets and (iii) in conjunction with wireless carriers. The Company also provides localized weather content to government agencies and commercial business through professional services. |
Patriot Capital Completes the Recap of Instrument Sales and Services
August 1, 2008
Patriot Capital has completed recap financing in the form of subordinated debt and preferred stock for Instrument Sales and Service, a leading supply chain management and logistics company providing manufacturing, remanufacturing, sourcing and distribution services of high-quality low volume aftermarket automotive parts to the vehicle and heavy duty equipment market. designer and manufacturer of a diverse set of products supporting the wireless telecommunication industry. |
Patriot Capital Announce the Final Closing of Patriot Capital II, LP
July 18, 2008
Patriot Capital has held a final closing of Patriot Capital II, LP at $180 million. In combination with its two predecessor funds, Patriot Capital I and Allegiance Capital, Patriot Capital has over $270 million of capital under management. |
Patriot Capital Completes the Management Buyout Financing of PW Stephens Environmental, Inc.
July 3, 2008
Patriot Capital announced the management buyout today of PW Stephens Environmental from its parent company. Patriot Capital provided subordinated debt financing in support of the acquisition by the management team. |
Patriot Capital Completes a Growth Capital Investment into CSS Antenna, Inc.
June 9, 2008
Patriot Capital has completed a growth capital investment into CSS Antenna, a leading designer and manufacturer of a diverse set of products supporting the wireless telecommunication industry. |
Patriot Capital Supports the Recapitalization of eServices
May 1, 2008
Patriot Capital has provided subordinated debt financing to support the recapitalization of eServices LLC, a natural gas management services company that provides asset optimization, gas supply and risk management services to local distribution gas utilities, industrials and producers in the Mid-Atlantic area. |
Patriot Capital Supports the Recapitalization of Hope@Home
March 1, 2008
Patriot Capital has provided financing for the recapitalization and growth of Hope@Home and Aspire Home Care. Hope@ Home provides attendant cares services to clients seeking long term-care needs over an extended period of time. Aspire Home Care provides skilled nursing services in an at home environment to its patients. |
Patriot Capital II Completes its First Investment into Jane & Company to Support the Company’s Growth
Feb 20, 2008
Patriot Capital invested growth capital into Jane & Company, the fastest growing company in the mass market cosmetics segment. Patriot Capital provided subordinated debt financing to support the Company’s new product launches and new distributions channel initiatives. |
Patriot Capital Has Initial Closing of Patriot Capital II with $145 million of capital under management
Jan 4th, 2008
Patriot Capital has completed the initial closing of Patriot Capital II with total capital commitments of $145 million. Patriot Capital II is the successor fund to Patriot Capital I and Allegiance Capital. Patriot Capital provides subordinated debt and equity investments for growing U.S. businesses. |
Patriot Capital and Allegiance Capital Invest in Paper Recovery Group
December 27th, 2007
Patriot Capital and Allegiance Capital, the successor funds to Patriot Capital II, closed the management buyout of Paper Recovery Group. PRI Group is one of the leading processors and brokers of recycled paper and plastics serving the Chicago area. Patriot and Allegiance supported the management buyout with a combination of preferred stock and subordinated debt capital. PRI Group is Patriot Capital’s 4th buyout in its portfolio. |
Sinclair Broadcast Group to Invest in Patriot Capital II Fund
BALTIMORE, Dec. 18 /PRNewswire-FirstCall/
Sinclair Broadcast Group, Inc. SBGI, announced today that they intend to make an initial $3.0 million cash investment on a $20.0 million commitment to Patriot Capital II, LP. Fund. The Patriot Capital fund provides structured debt and mezzanine financing to small businesses. Patriot Capital II is the successor to Patriot Capital I, LP and Allegiance Capital LP, both small business investment companies (SBIC). Sinclair has been a limited partner in Allegiance Capital since 1999 and, over that period, invested approximately $9.2 million while realizing distributed profits of $12.5 million to date. Patriot Capital II is managed by Tom Holland, who was also a managing director of Allegiance Capital.
About Sinclair
Sinclair Broadcast Group, Inc., one of the largest and most diversified television broadcasting companies, owns and operates, programs or provides sales services to 57 television stations in 35 markets. Sinclair's television group reaches approximately 22% of U.S. television households and is affiliated with all major networks. Sinclair also holds investments in various other lines of businesses. For more information, visit the Sinclair website at http://www.sbgi.net.
Source: Sinclair Broadcast Group, Inc. |
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