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Xorail Inc. (pronounced “Zo-rail”) In October 2007, Nancy Creek Capital invested $2,000,000 of subordinated debt and $2,000,000 of equity to support ownership succession at Xorail. The company is the leading provider of signal and communications engineering services to the railroad industry in North America. Xorail is based in Jacksonville, Florida with 11 offices throughout the country. We exited this investment in March 2010 when the company sold to Wabtec (NYSE:WAB), a $2 billion market capitalization publicly-traded company.
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Vsion Condominiums In December 2006, Nancy Creek Capital led a $4,350,000 subordinated debt and equity commitment for the development of Vsion Condominiums in Columbia, South Carolina. In April 2008, Nancy Creek successfully exited from this investment with a cash return that exceeded its thresholds and a residual equity interest in a completed and fully leased apartment building in Columbia, SC.
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Automatic Power, Inc. In June 2009, Nancy Creek Capital invested $4,000,000 of mezzanine capital to support the buyout of Automatic Power, Inc. and the assets of AB Pharos Marine, Ltd. by Toxaway Capital Partners. Automatic Power, Inc. is based in Houston, Texas, and AB Pharos Marine, Ltd. is based in the UK. The company designs, manufactures, sells, and services marine navigational lighting and signaling with a worldwide installation base. The company’s products are installed in ports, harbors, lighthouses, offshore oil rigs, bridges, towers, buoys, and other structures where aircraft or marine navigation is a concern. In addition to Houston and the UK, the two companies have offices in Louisiana, California, Virginia and Singapore.
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Telematch, Inc. In May 2009, Nancy Creek Capital invested $3,000,000 of mezzanine capital to support Telematch’s acquisition of Phoenix Data Processing and Farm Market ID from their parent Multi Ag Media, LLC. Telematch, based in Springfield, Virginia and majority owned by Brook Venture Partners, is a leading information services provider offering a comprehensive range of marketing intelligence and digitally driven marketing solutions, utilizing high quality data sources. Phoenix Data Processing, based in Westmont, Illinois, provides data processing, analytics, and database services to the direct marketing field. Farm Market ID provides comprehensive crop and production data to the agricultural industry.
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Tech Rentals, LLC In December 2008, Nancy Creek Capital invested $1,000,000 of mezzanine capital to support Tech Rentals’ acquisition of a rental and staging company headquartered in Nashville, Tennessee with additional operations in Memphis and Huntsville, Alabama. Tech Rentals is based in Atlanta and is a leading national provider of audio visual rental and staging services for hotels, convention centers, meeting and event facilities, production companies, tradeshows, associations and corporations.
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Exact Millworks, LLC In May 2007, Nancy Creek Capital invested capital in Exact Millworks, LLC (formerly New River Cabinet & Fixture) to support the growth and expansion of the company. Based in Ft. Lauderdale, Exact Millworks provides customized cabinetry and architectural millwork primarily within the healthcare, government and institutional construction sectors in Southeast market. The company provides a full suite of in-house design services, engineering, manufacturing, and installation of its products for general contractors and end users.
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One Point Financial, LLC In February 2007, Nancy Creek Capital made an equity investment in One Point Financial, LLC to support the company’s rapid growth. One Point, in which Nancy Creek has a $1,573,300 investment, is an Atlanta-based company which constructs free-standing, drive-up/walk-up ATM facilities in high traffic areas such as shopping centers and leases these facilities to banks and other financial institutions to be branded as part of the financial institution’s ATM network.
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S&S Industries, Inc. In October 2006, Nancy Creek Capital provided $1,200,000 of subordinated debt to S&S Industries, Inc. The investment was made to support the purchase of S&S by Atlanta and San Franciso-based Source Capital, LLC. S&S Industries is the leading provider of underwires for women's lingerie sold in North America. Based in New York, the company operates manufacturing facilities in Central America and Asia to supply its customers’ global operations. S&S drives innovation in the industry by designing products that enhance the wearability, style and durability of women's lingerie. Founded in 1947, the company holds numerous patents for its designs.
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TWR Lighting, Inc. In September 2006, Nancy Creek Capital provided $2,950,000 of mezzanine debt and $550,000 of equity financing for the acquisition of TWR Lighting, Inc. by Atlanta-based Toxaway Partners. TWR is a leading manufacturer and distributor of ETL-Certified and FAA Approved aviation anti-collision lighting products for communications and broadcast towers, buildings, water tanks, industrial chimneys, wind turbines, offshore drilling platforms and bridges. Established in 1981, the company serves the North American market and is based in Houston, TX.
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Sunbelt Thread & Packaging In April 2006, Nancy Creek Capital invested $1,050,000 of mezzanine debt and $225,000 of equity in Sunbelt Packaging, LLC, as part of its acquisition by Atlanta-based SouthPointe Ventures. Sunbelt is a niche distributor of packaging, strapping, and industrial thread supplies and equipment, used across virtually all industries. Based in York, SC, the company was founded in 1980 and services the Carolinas, Georgia, and Virginia. The company's deep product offerings, foreign sourcing, 24/7 customer service, and technical expertise keep it a leader in its industry.
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REAL ESTATE |
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Liberty Distribution Center In October 2007, Nancy Creek Capital made a $1,460,658 subordinated debt investment in the development of Liberty Distribution Center. Liberty Distribution Center is a 237,650 sq. ft. warehouse distribution facility located in Liberty Industrial Park in Henry County, Georgia. The project, on which construction has been completed, is a speculative development that will meet the needs of 100,000 to 237,650 sq. ft. users in the dynamic Henry County industrial market. The developer of the project is Fleetwood Partners, LLC, led by industry veteran, Klay Simpson.
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Brookhaven at Johns Creek In September 2007, Nancy Creek Capital made a $3,965,500 subordinated debt investment in Brookhaven at Johns Creek. When completed, Johns Creek will be a 185-unit, age-restricted active adult community in the municipality of Johns Creek in North Fulton County. The development will feature all-brick construction 2&3 bedroom attached & detached single family residences in a gated, maintenance-free community with amenities such as a clubhouse with exercise facilities and a pool, walking trails and tennis courts. The project is a development of Atlanta-based Jim Chapman Communities, Inc.
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| © The Branch-Shelton Company, LLC 2005 | ||||
