NEWS

 
Farragut Capital Partners Farragut Capital Partners

Farragut Capital Partners Invests in reQuire, LLC

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in reQuire, LLC.  Founded in 2002 and based in Virginia Beach, Va., reQuire is an online lien release tracking and reporting service used in the real estate settlement process.  The Company provides settlement companies and real estate attorneys with an automated means of tracking and releasing property liens after settlement, ensuring any previous liens are fully repaid and properly removed from court records.  Terms of the deal were not announced.

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Farragut Capital Partners Announces Investment in Source Technologies, Inc.

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Source Technologies, Inc.  Founded in 1986 and based in Charlotte, N.C., Source is the leading provider of specialized magnetic ink character recognition printers to the financial services industry.  In partnership with Lexmark, the Company offers a complete secure check-printing solution used in over 17,000 bank branches nationwide.  Source is a portfolio company of StoneCalibre, LLC, a California-based private investment firm specializing in the acquisition of lower middle-market companies. 

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Farragut Capital Partners Announces Addition of New Member to Investment Team; Final Close of Fund III

Farragut Capital Partners, LLC, a mezzanine investment firm offering customized financing solutions to lower-middle market private companies, is pleased to announce the addition of Alan Cuthbertson as a Principal.  Alan was previously with MCG Capital Corporation and he brings nearly ten years of experience in private debt and equity investing in the lower middle market

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Industrial Services Group Completes Acquisiton, Expands into Plastics with New Compositech Division

Farragut Capital Partners, LLC, a Chevy Chase-based mezzanine investment firm offering customized financing solutions to lower-middle market private companies, is pleased to announce that its portfolio company Industrial Services Group, Inc. has acquired K-Industries, Inc.  K-Industries, a pioneer in the field of fiberglass-reinforced plastics, will join ISG’s family of industrial services divisions under a new name: Compositech.

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Farragut Capital Partners Backs Management Buyout of Venn-Corp., Inc.

Farragut Capital Partners, LLC, a mezzanine investment firm offering customized financing solutions to lower middle-market private companies, is pleased to announce the closing of a $3.8 million investment in Venn-Corp., Inc.  Venn-Corp. represents the sixth investment of the team’s third fund, Farragut Mezzanine Partners III, LP.  

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Farragut Capital Partners Announces Investment in AVL Digital Group

Farragut Capital Partners, LLC, a Chevy Chase-based mezzanine investment firm offering customized financing solutions to lower middle market private companies, is pleased to announce the closing of an investment in AVL Digital Group.  AVL represents the firm’s fifth investment out of the team’s third fund, Farragut Mezzanine Partners III, LP. 

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