Growth Capital
Partners, L.P. Announces that the
Southwest Mezzanine
Investments II, L.P. has added
Two Portfolio
Companies to its $65 Million Fund
HOUSTON, November 28, 2006/PR/ -
Growth Capital Partners, L.P. (“GCP”) a Houston-based investment
and merchant firm, today announced that Southwest Mezzanine Investments II, L.P.
(“SMI II”) has now added a two portfolio companies to its $65 million
fund. Uses of proceeds were partial recapitalizations of both businesses.
In the first transaction, a Texas-based structural
steel fabricator, which utilizes technology-enhanced
operations to fabricate and detail steel for
commercial and industrial construction projects
primarily in the southeastern and southwestern
United States secured $6 million.
Acute Technological Services, LLC, based in
Houston, Texas, provides welding engineering,
research and development, engineering consulting,
inspection and specialty welding services for
deepwater energy production in the Gulf of Mexico
and worldwide secured $4 million....
About Southwest
Mezzanine Investments II (SMI II)
SMI II
was formed to make $2 to $6 million subordinated
debt investments in middle-market companies
seeking capital to accelerate growth or finance
add-on acquisitions.
In evaluating potential investments, SMI II
is interested in companies with enterprise values
in excess of $10 million, a history of profitable
operations and possessing meaningful competitive
advantages. SMI II seeks to make investments
in companies with or without an equity sponsor.
About Growth Capital Partners, L.P.
Growth Capital Partners, L.P. is a premier, client-focused
investment and merchant bank serving both
private and public middle-market companies,
with a specialty practice devoted to the
Staffing industry. Since the firm's inception
in 1992, GCP has completed in excess of 200
transactions, raised more than $1 billion
of institutional capital (through private
placements of equity, subordinated, and senior
debt), and completed merger and acquisition
transactions with an aggregate value in excess
of $3.0 billion.
For additional information, please contact:
Growth
Capital Partners, L.P.
Drew Sudduth
dsudduth@growth-capital.com
Growth
Capital Partners, L.P. Securities offered through
GCP Securities, Inc. member FINRA – SIPC
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