Farragut Capital Partners, LLC is pleased to report that it has made its third investment of the year and has two realizations to date in 2018.

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Ted’s Bulletin Holdings, LLC.  Farragut invested subordinated debt and preferred equity in support of the acquisition of the Ted’s Bulletin group of restaurants from Matchbox Food Group.  The acquisition was led by Steve Salis, CEO of Salis Holdings and a successful entrepreneur known for building brands across a range of hospitality, leisure, real estate and retail businesses, and private equity firm JPB Capital Partners, a leader in retail and consumer-focused lower middle market buyouts.

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Insight 2 Design, LLC. and Elevate, LLC, together a rapidly growing, multi-channel pioneer in the outdoor camping equipment industry.  The investment was made in support of the Company’s recapitalization by L2 Capital, based in Devon, Pennsylvania.

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Arc Drilling Holding, LLC.  Farragut invested debt and preferred equity in support of a majority recapitalization of Arc Drilling by Washington Equity Partners in partnership with the Company’s existing owners and management team.

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Digital West Networks, Inc., a leading provider of commercial-grade internet, data, and cloud services to small and mid-sized businesses on California's Central Coast.  Farragut invested subordinated debt and preferred equity to support the acquisition of Norcast Communications Corp., adding voice and other capabilities to Digital West's suite of services. 

Farragut portfolio company Require Holdings, LLC has acquired Service 1st Valuation and Settlement Services, Inc.  Service 1st is a leading provider of valuation risk management services, including desk reviews, valuation risk analysis, field reviews and market data.  Terms of the transaction were not disclosed.  Require is majority-owned by L2 Capital, a Devon, Pennsylvania-based investor.