Brookside Mezzanine Partners has made an investment in TharpeRobbins Company, a portfolio company of Gridiron Capital since April 2010. Brookside provided subordinated debt to facilitate a recapitalization of the company by Gridiron.
TharpeRobbins designs, implements and manages employee recognition, customer loyalty and sales incentive programs. The company’s programs include incentive products ranging from personalized jewelry to fine art, electronics, sports and outdoor merchandise. TharpeRobbins is headquartered north of Charlotte in Statesville, NC (www.tharperobbins.com).
Brookside Mezzanine Partners invests up to $20 million per transaction in companies with revenue of at least $15 million and EBITDA of at least $3 million. Sectors of interest include manufacturing, business services, distribution, restaurant, retail, and healthcare. Brookside was founded in 2001 and has offices in Stamford, CT and Boston, MA (www.brooksidemezzanine.com).
Gridiron Capital invests in manufacturing, service and specialty consumer companies that have EBITDAs from $5 million to $30 million and that are located in the United States and Canada. The firm is based in New Canaan, CT (www.gridironcapital.com).
2015 PEPD • Private Equity’s Leading News Magazine • 5-7-15
