NEWS
Douglas Guardian Services Corporation Acquires Quiktrak
HOUSTON, TX – Douglas Guardian Services Corporation (“Douglas Guardian”), a portfolio company of Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce the acquisition of Quiktrak, Inc. (“Quiktrak”). The acquisition represents the first add-on acquisition to Douglas Guardian. Farragut invested in Douglas Guardian in December of 2019 to support the acquisition of the Company lead by Rcap Equity (“Rcap”), a Pennsylvania-based Independent Sponsor. Farragut supported the Quiktrak transaction with additional senior subordinated debt alongside senior financing provided by Modern Bank. Douglas Guardian is a provider of risk mitigation solutions to asset-based lenders.
Farragut Invests in Family Quest Holdings
CHEVY CHASE, MD – Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce the closing of an investment in Family Quest Holdings, LLC (“Family Quest” or the “Company”), a portfolio company of private equity firm L2 Capital (“L2”). Farragut invested subordinated debt and equity in support of the Company’s acquisition of Open World, Inc. (“Open World”) and the refinancing of the Company’s existing debt facility.
Farragut Invests in Martin Pallet
CHEVY CHASE, MD – Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce the closing of an investment in Martin Pallet. Farragut invested subordinated debt and equity in support of the acquisition of Martin Pallet by Burlington Capital Partners (“BCP”), a Chicago-based independent sponsor.
Farragut Invests in Malley's Candies
WASHINGTON, D.C. – Just in time for Valentine’s Day, Farragut Capital Partners is pleased to announce the closing of a subordinated debt and preferred equity investment in Malley’s Candies. Farragut’s investment supported the recapitalization of Malley’s led by Promise Holdings, a Chicago-based independent sponsor.
Farragut Invests in Parry Labs
WASHINGTON, D.C. – Farragut Capital Partners, Inc. (“Farragut”) is excited to announce the closing of a growth investment in Parry Labs, LLC (“Parry”). Farragut made the investment, in the form of subordinated debt, to support the company’s continued growth and working capital needs.
Farragut Invests in Fiesta Canning Company
WASHINGTON, D.C. – Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce the closing of an investment in Fiesta Canning Company, Inc. (“Fiesta” or the “Company”). Farragut invested subordinated debt and equity to support the acquisition of the Company by Taglich Private Equity, LLC.