Brookside Mezzanine Partners has made an undisclosed investment in Fleetwood Industries. According to the firm, the financing was used to facilitate Grey Mountain Partners‘ recap of Fleetwood. Based in Leesport, Penn., Fleetwood is a provider of retail display systems and related program management services.
PRESS RELEASE
Brookside Mezzanine Partners is pleased to announce its investment in Fleetwood Industries, Inc. (“Fleetwood”). Founded in 1968 and headquartered in Leesport, PA, Fleetwood is a leading provider of premium retail display systems and related program management services. The Company sells its innovative, highly-customized products globally to prominent retailers and leading consumer product brands. With its integrated service offering, including design, engineering, program management, global sourcing and logistics support the Company functions as a “one-stop” supplier to its customers. Fleetwood’s acquisition of High Country enhanced and broadened the Company’s production capabilities to include custom fixtures and millwork to high-end boutique, specialty and cosmetic customers.
Brookside Mezzanine Partners provided subordinated debt and an equity co-investment to facilitate the recapitalization of Fleetwood by Grey Mountain Partners, a middle market private equity firm with offices in Boulder, CO and Minneapolis, MN.
About Brookside Mezzanine Partners
Founded in 2001, Brookside Mezzanine Partners manages in excess of $500 million across three mezzanine funds. The Firm is a leading provider of subordinated debt and minority equity capital to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions and provide junior capital and unitranche financing to support buyouts, leveraged recapitalizations, strategic acquisitions, dividends and growth capital.