Fort Point Capital announced the completion of the recapitalization of its portfolio company, Church Services (“Church” or the “Company”). Fort Point initially acquired a majority interest in Church, a leading provider of residential repair and maintenance services in Texas, in March 2012. The recently completed recapitalization consisted solely of senior debt provided by funds managed by Deerpath Capital Management, LP and enabled Church to refinance its existing senior and mezzanine debt.
Fort Point Capital announced the completion of the recapitalization of its portfolio company, Van Pool Transportation, LLC.
Fort Point Capital is pleased to announce the promotion of Christina Pai to Partner at the firm. Previously a Principal, Ms. Pai joined Fort Point in 2011 from Swift River Investments, a MA-based lower middle market private equity firm. Before Swift River, Ms. Pai started her private equity career with FdG Associates.
Fort Point Capital, a buyout firm that acquires nicely growing service oriented companies at the smaller end of the middle market, today announced that David Logan has joined the firm as Operating Partner, effective February 2, 2015. Mr. Logan has a unique background for this role, having served as an Operating Partner for other private equity funds, a CEO of several lower middle market growth companies, and an executive with several leading global companies.
Sullivans Marks Fort Point’s Fifth Platform Investment and Seventh Transaction
Fort Point Capital, a Boston-based private equity firm, announced today that it has acquired a majority equity interest in Sullivan, Inc. (“Sullivans” or the “Company”), a leading designer and distributor of seasonal and all-occasion home décor products to specialty retailers. Headquartered in Sioux Falls, SD, Sullivans has built a reputation for world-class customer service and unique, high quality products that enable specialty retailers to offer true product differentiation and distinctive assortments.
Sale marks the first portfolio realization for Fort Point Capital
Fort Point Capital, a private equity firm focused on lower middle-market, service-oriented investments, announced today that it, together with its partners, MRL Capital and Pilgrim Capital, has completed the sale of Lone Star Holdings LLC (“LSO” or the “Company”) to Eagle Merchant Partners, a private equity firm investing in middle market businesses in the Southeast United States.
Fort Point Revs Up at the Start of 2014
Fort Point Capital has acquired a controlling stake in Van Pool Transportation, LLC (“Van Pool” or the “Company”), a provider of transportation services for special needs children in New England. Based in Wilbraham, Massachusetts, Van Pool is a provider to over one hundred school districts, delivering unmatched service to the students, families, schools, and districts.
Engineering, Planning and Management, Inc. (“EPM” or “the Company”), a provider of engineering consulting, software, and risk assessment services to the nuclear industry, is pleased to announce the appointment of Tom Christopher, former CEO of Areva NP; Bill McCollum, former COO of the Tennessee Valley Authority; and Jack Hughes, founder and former Chairman of Top Coder and Tallan, to the Company’s Board of Directors.
Fort Point Capital Invests in Nuclear Safety Market Leader Engineering Planning and Management, Inc.
Leading Consulting and Software Business Brings on First Institutional Capital
Fort Point Capital, a Boston-based private equity firm, announced today that it has entered into an agreement to acquire a majority equity interest in Engineering Planning and Management, Inc. (“EPM” or the “Company”), a global provider of engineering, consulting, probabilistic risk assessment, fire protection services, and specialized, unique software to the nuclear power industry and other commercial customers.
New capital structure significantly reduces borrowing costs
Fort Point Capital (“Fort Point”) announced the completion of the recapitalization of its portfolio company, Lone Star Overnight (“LSO” or the “Company”). Lone Star is a leading intra-regional express and ground parcel delivery company serving businesses throughout the Southwest U.S. Fort Point initially invested in LSO in April 2011.