Graycliff Partners has completed a subordinated debt investment in Moss, a designer and manufacturer of trade show structures and a portfolio company of Century Park Capital Partners since 2008.
Moss is a designer and manufacturer of tension fabric structures and display hardware for trade show exhibits, events, and retail stores. The company was founded in 1975 and is headquartered in Chicago (www.mossinc.com).
“Moss is an innovation leader in custom displays, and the company continues to develop new technologies for this specialized market. We look forward to working with the management team to grow its competitive position through new sale opportunities,” said Will Henderson, Principal, Graycliff Partners.
Graycliff Partners invests from $5 million to $25 million of equity and mezzanine capital in companies with revenues of at least $10 million and EBITDA margins of 10% or higher. Sectors of interest include manufacturing, services and distribution. Both control and minority investments are considered. The firm was formed in December 2011 by the former investment team of HSBC Capital. Graycliff Partners is headquartered in New York with an additional office in São Paulo (www.graycliffpartners.com).
“The Moss team is excited to work with Graycliff Partners. Graycliff has a strong understanding of niche manufacturing businesses and we look forward to utilizing their expertise as a trusted investment partner,” said Charlie Corsentino, Chief Executive Officer of Moss.
Century Park Capital Partners invests from $10 million to $50 million in middle-market companies with operating cash flows of at least $4 million and revenues ranging from $25 million to $150 million. Sectors of interest include manufacturing, branded distribution and service businesses. The firm is based in Los Angeles (www.centuryparkcapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 7-10-13