Kian Capital In The News

Kian Capital Looks Back at a Very Robust and Successful 2018!

OT Growth Partners, LLC (“OTGP”), a portfolio company of Kian Capital, has acquired FIT Enterprise, LLC (“FIT”), the Orangetheory Fitness (“OTF”) area developer (“AR”) for the state of Iowa. The transaction is OTGP’s first acquisition since partnering with Kian Capital and expands the company’s footprint into the Midwest.

Motor City Industrial (“Motor City”), a portfolio company of Kian Capital and Oakland Standard, has acquired Smith Fastener (“Smith”) in partnership with its 3rd generation owner, Brian Smith. The acquisition strengthens the product and service offerings available to customers operating in a diverse set of industries and expands the company’s geographic reach. The combined companies now serve over 20 states from 7 locations with 135 employees.

Kian Capital, a private investment firm with over $425 million of capital under management, announced that it has completed a majority recapitalization of Charles Products, Inc. (“CPI” or the “Company”) in partnership with management.

Kian Capital, a private investment firm with over $425 million of capital under management, announced that in partnership with management it has completed a recapitalization of KMJE Ventures, LLC d/b/a Orangetheory North Carolina (“OTNC” or the “Company”). Terms of the transaction were not disclosed.

Empire Equipment Company (“Empire”), a portfolio company of Kian Capital, has acquired TruTemp Equipment (“TruTemp”) and Norm’s Refrigeration (“Norm’s”) to create a leading wholesale distribution platform for commercial foodservice equipment.

Kian Capital is pleased to announce that it has provided senior secured debt and equity to support the corporate divestiture of Trifecta Networks, LLC (“Trifecta” or the “Company”). Kian partnered with CEO Chris Toepke and Modern Bank to effectuate the transaction.

Kian Capital, a private investment firm with over $400 million of capital under management, announced that it has completed a majority recapitalization of The Retrofit Source, Inc. (“TRS” or the “Company”) in partnership with management. Terms of the transaction were not disclosed.

Kian Capital, a provider of equity capital and subordinated debt, is pleased to announce the recent hiring of David Duke and David Hare to support the company’s continued growth.

Kian Capital, a provider of equity capital and subordinated debt, is pleased to announce the final closing of KMP II, L.P. (the “Fund”) with total capital commitments at its hard cap of $250 million.

February 2018: Kian Capital is pleased to announce that in partnership with management it has recapitalized Diamond Metals Distribution (“Diamond Metals” or the “Company”), a Cleveland-based steel service center.

April 2017: Kian Capital is pleased to announce that it has acquired Westcoast Gate & Entry Systems (“Westcoast Gate”). Headquartered in Los Angeles, CA, Westcoast Gate is a premier provider of high-end gate installation & repair services in the greater Los Angeles metropolitan area.

March 2017: Kian invested senior secured debt and equity to support the management-led buyout of TrueLearn, Inc. ("TrueLearn"). Headquartered in Pittsburgh, PA, TrueLearn is a SaaS-based educational company that provides test preparation software for high-stakes standardized exams in various fields of medicine.

May 2016: Kian Capital is pleased to announce that it has invested $10.0 million of senior secured subordinated debt and preferred equity to support Azalea Capital’s acquisition of a controlling interest in Jones Natural Chews Co. (“JNC” or the “Company”).

April 2016: Kian Capital is pleased to announce that it has invested $8.0 million of senior secured debt to support the management-led buyout of Sdii Global Corporation (“SDII” or the “Company”) from the Company’s founder.

Kian Capital is pleased to announce that it has invested $6.5 million of senior secured debt in Jolyn Clothing Company Inc. (“Jolyn” or the “Company”) to support BASE Equity Partners’ (“BASE”) purchase of a majority ownership position in the Company, with the founder retaining a leadership role and a significant ownership stake.

Kian Capital is pleased to announce that it has invested senior subordinated debt and equity to acquire Empire Equipment Company, d/b/a Empire Marketing Group (“Empire” or the “Company”). Founded in 1985 and headquartered in Goldsboro, North Carolina, Empire is a leading Southeast-based distributor of foodservice equipment and associated repair and maintenance products.

Kian Capital is pleased to announce that it has invested $9.9 million of senior subordinated debt and equity in Spire Hospitality (“Spire” or the “Company”) to finance the Company’s growth initiatives and provide shareholder liquidity.

Kian Capital is pleased to announce that it has invested $7.0 million in senior subordinated debt and equity in American In-Home Care, LLC ("AIHC" or the "Company"). Kian partnered with Modern Bank to support the Company’s acquisition of Douglas Health Systems and to provide liquidity for existing shareholders.

Kian Capital is pleased to announce that it has participated in a management-led buyout of Intelli-Mark Technologies, Inc. ("Etix" or the "Company"). Kian partnered with OFS Capital Corporation (“OFS”) and various members of management to effectuate the transaction.

Kian Capital is pleased to announce that it has invested senior subordinated debt and preferred equity in Motor City Fastener, Inc. (“Motor City” or the “Company”). Motor City is a value-added distributor of fasteners and related products to a variety of industries including automotive, trucking, defense, construction and automation tooling.

Kian Capital is pleased to announce that it has invested $5.25 million of senior subordinated debt in SPATCO Energy Solutions (“SPATCO” or the “Company”) to support the Company's growth initiatives.

Kian Capital is pleased to announce that it has made a senior subordinated debt investment in LOFA Industries, LLC ("LOFA" or the "Company") to support the acquisition of the Company by Hunters Gate Holdings, LLC ("Hunters Gate").

Kian Capital is pleased to announce that it has invested $4.0 million of senior subordinated debt in SunBelt Packaging, LLC (“Sunbelt” or the “Company”) to support the Company’s working capital and expansion needs.

Kian Capital is pleased to announce that in partnership with OFS Capital, it led a $20.0 million senior subordinated debt investment in Riveron Consulting (“Riveron” or the “Company”) to support the Company’s growth initiatives.

Kian Capital is pleased to announce that, in conjunction with lead investor FNB Capital, it has invested $4.0 million of senior subordinated debt in TPS, LLC (“TPS” or the “Company”) to support the Company’s growth initiatives.

Kian Capital invested $10 million in the form of subordinated debt and common equity to support the acquisition of a turnkey formulator and manufacturer of private label high-end skin and hair care products (the "Company").

Kian Capital, a provider of mezzanine debt and equity capital to leading lower middle-market companies, is pleased to announce the final closing of Kian Mezzanine Partners I, L.P. (the “Fund”) with total capital commitments of $150 million, including Small Business Administration leverage.

Kian Capital ("Kian") is pleased to announce the closing of the first investment in its inaugural fund.

Kian Capital is pleased to announce that on December 20, 2013 its inaugural fund, Kian Mezzanine Partners I, L.P. (the "Fund"), received its Small Business Investment Company ("SBIC") license from the U.S. Small Business Administration.