CableOrganizer.com, a provider of cable management products and a portfolio company of KT Capital, has closed the acquisition of EquiCross, a supplier of products focused on crowd control.
EquiCross is a distributor of crowd control, traffic, safety, hospitality, and event management products. The company provides its products and services online for individuals, corporations and government agencies in the United States and internationally. EquiCross was founded in 2002 by Patrick and Kimberly Bienvenu and is based in Tampa (www.crowdcontrolstore.com).
CableOrganizer.com, acquired by KT Capital and Capitala Finance Corp. (previously CapitalSouth Partners) in May 2013, is an online distributor of electrical supplies, cable and wire management solutions, networking components, electrical supplies, and equipment housing. CableOrganizer.com offers over 75,000 SKUs to over 56,000 different corporate, government, and individual consumers. The company was founded in 2002 and is headquartered in Fort Lauderdale (www.CableOrganizer.com).
“We think having these two teams join forces will accelerate the group’s growth to the next level, and unlock the potential that is clearly evident in a fast-growing company like EquiCross,” said Jim Tapp, a managing director with KT Capital.
EquiCross is the first add-on acquisition CableOrganizer.com has completed since its acquisition by KT Capital and the company is continuing to look for additional strategic add-on opportunities.
KT Capital Partners invests in companies with revenues of $5 million to $50 million and at least $1 million of EBITDA that are based in the southeastern United States. The firm is headquartered in Atlanta (www.ktcapital.net).
Capitala Finance Corp. (NASDAQ: CPTA) invests in lower middle-market companies with revenues in excess of $15 million and EBITDA in excess of $5 million. Capitala typically invests between $5 million and $30 million in each transaction. Since inception in 1998, Capitala has made investments in a variety of industries and seeks to invest throughout the United States and Canada. Capitala is headquartered in Charlotte, NC and operates offices in Raleigh, NC; Atlanta, GA; Louisville, KY; Ft. Lauderdale, FL; and Washington, DC (www.capitalagroup.com).
2014 PEPD • Private Equity’s Leading News Magazine • 8-14-14
