• A mezzanine debt and equity investment in Aloi Material Handling & Automation (“Aloi”) to finance its acquisition of Automated Cells & Equipment, Inc. (“ACE”). Aloi is a Rochester, NY based integrator and value added distributor of material handling solutions for various end markets. ACE is based in Painted Post, NY and provides advanced factory automation and robotics solutions for companies across multiple industries. PSCP partnered with a Boston based private investment firm and ALOI and ACE management to effectuate the acquisition.
  
  
• A mezzanine debt and equity investment to support the acquisition of Cinchseal Associates, Inc. (“Cinchseal”). Based in Mt. Laurel, NJ, Cinchseal is a leading designer and manufacturer of rotary shaft seals for multiple end markets. PSCP partnered with Fulham & Co. and Cinchseal management.
  
  
• TA follow-on equity investment in current portfolio company Anser Advisory (“Anser”) to support the recent acquisitions of Cambridge Construction Management, Inc., based in Clinton, NJ, and DHS Consulting, Inc., based in Santa Ana, CA. Anser Advisory is a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services.

• A mezzanine debt investment in NEMO Equipment (“NEMO”). Based in Dover, NH, NEMO is an innovative designer and manufacturer of premium outdoor gear, including tents, sleeping bags, sleeping pads, hammocks, and furniture. PSCP is partnering with management to support NEMO’s growth plans and continued success.
  
  
• A mezzanine debt and equity investment to support the acquisition of four leading program management firms collectively operating as Anser Advisory (“Anser”), a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services to the public and private sectors. PSCP supported a NYC-based private equity firm on this transaction.
  
  
• A mezzanine debt and equity investment to support the acquisition of Boutique Brands (“BB”). BB is a collection of online boutique retailers of quick-turning value-priced women’s apparel, currently comprised of Discount Divas, located in Huntsville, AL, and Lime Lush, based in Salt Lake City, UT. PSCP supported a Boston-based private equity firm on this transaction.
  
  
• A mezzanine debt and equity investment to support the acquisition of Filterworks USA, Inc. (“Filterworks”). Filterworks, based in Deerfield Beach, FL, is a leading layout and design, capital equipment, and service provider to the automotive collision repair industry. PSCP supported a Georgia-based private equity firm on this transaction.

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:

• A mezzanine debt and equity investment in Aloi Material Handling & Automation (“Aloi”) to finance its acquisition of Automated Cells & Equipment, Inc. (“ACE”). Aloi is a Rochester, NY-based integrator and value-added distributor of material handling solutions for various end markets. ACE, based in Painted Post, NY, provides advanced factory automation and robotics solutions for companies across multiple industries. PSCP partnered with a Boston based private investment firm and ALOI and ACE management to effectuate the acquisition.

• A mezzanine debt and equity investment to support the acquisition of Cinchseal Associates, Inc. (“Cinchseal”). Based in Mt. Laurel, NJ, Cinchseal is a leading designer and manufacturer of rotary shaft seals for multiple end markets. PSCP partnered with Fulham & Co. and Cinchseal management.
  
  
• A mezzanine debt and equity investment in NPL Homecare, LLC (“NPL”). NPL, headquartered in Elyria, OH, is a leading provider of mobility equipment, particularly customized wheelchairs. PSCP partnered with Red Fence Holdings and NPL management.
  
  
• A mezzanine debt and equity investment in DeIorio Foods, Inc. (“DeIorio”). DeIorio, headquartered in Utica, NY, is a supplier of high-quality, frozen dough products to food service outlets. PSCP partnered with Rudolph Capital and DeIorio management.
  
  

In 2019, PSCP also made five follow-on investments into four current portfolio companies to support acquisitions.

• A mezzanine debt and equity investment in Aloi Material Handling & Automation (“Aloi”) to finance its acquisition of Automated Cells & Equipment, Inc. (“ACE”). Aloi is a Rochester, NY based integrator and value-added distributor of material handling solutions for various end markets. ACE, based in Painted Post, NY, provides advanced factory automation and robotics solutions for companies across multiple industries. PSCP partnered with a Boston based private investment firm and ALOI and ACE management to effectuate the acquisition.
  
  
• A mezzanine debt and equity investment to support the acquisition of Cinchseal Associates, Inc. (“Cinchseal”). Based in Mt. Laurel, NJ, Cinchseal is a leading designer and manufacturer of rotary shaft seals for multiple end markets. PSCP partnered with Fulham & Co. and Cinchseal management. A mezzanine debt and equity investment in NPL Homecare, LLC (“NPL”). NPL, headquartered in Elyria, OH, is a leading provider of mobility equipment, particularly customized wheelchairs. PSCP partnered with Red Fence Holdings and NPL management.
  
  
• A mezzanine debt and equity investment in DeIorio Foods, Inc. (“DeIorio”). DeIorio, headquartered in Utica, NY, is a supplier of high quality, frozen dough products to food service outlets. PSCP partnered with Rudolph Capital and DeIorio management.
  
  

  In 2019, PSCP also made five follow-on investments into four current portfolio companies to support acquisitions.