ErgoGenesis manufactures and markets premium-priced, highly customizable, ergonomic chairs and a full line of ergonomic workspace accessories. The company’s products are designed to enhance posture, alleviate pain and reduce stress on the musculoskeletal system. ErgoGenesis’ flagship seating brand is BodyBilt. The company is based in Navasota, TX (www.ergogenesis.com).
Freestone Partners invests from $3 million to $8 million of equity in manufacturing, distribution, and commercial and industrial services companies that are primarily located in the southwestern and southeastern United States. Typical investments will have revenues from $10 million to $50 million. Freestone is based in Houston (www.freestonepartners.com).
Independent Bankers Capital Fund focuses on mezzanine lending and equity investments in established middle-market companies, primarily in Texas. Established in 2000, IBCF’s investors are Texas-based independent community banks and financial institutions. IBCF is headquartered in Dallas (www.ibcfund.com).
Patriot Capital invests senior and subordinated debt and equity in small and medium-sized privately-held companies that having annual revenues of $10 million to $200 million. Investment sizes range from $3 million and $20 million. Since 1999, Patriot has invested in over 92 middle market transactions and now has over $550 million in assets under management. Patriot Capital has offices in Baltimore, Chicago and Dallas (www.patriot-capital.com).
Quarton Partners acted as the exclusive financial advisor to ErgoGenesis and IBCF in managing the sale process. Quarton is a specialty investment banking firm serving privately held and publicly traded companies as well as private equity firms. Quarton assists its clients with mergers and acquisitions, private capital raising, restructurings, valuations, and other financial advisory services. The firm is headquartered in Birmingham, MI (www.quartonpartners.com) and is an affiliate of Spearhead Capital (www.spearheadllc.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 10-2-13