Brookside Mezzanine Partners has made an undisclosed investment to support Colville Capital‘s acquisition of Northeast Battery & Alternator Inc. Based in Auburn, Massachusetts, NEB is a distributor of industrial and light motive batteries.
Brookside Mezzanine Partners is pleased to announce its investment in Northeast Battery & Alternator, Inc. (“NEB”). Founded in 1985 and headquartered in Auburn, MA, NEB is one of the nation’s leading independent distributors of industrial and light motive batteries. The Company is the largest independent battery distributor in the northeast and provides its commercial and wholesale customers with a full range of rechargeable power solutions for industrial equipment, recreational, passenger and commercial vehicles, uninterruptible power supplies, stationary power applications, as well as related cable chargers and accessories.
Brookside Mezzanine Partners provided subordinated debt and an equity co-investment to facilitate the acquisition of NEB by Colville Capital LLC, a middle-market private equity firm headquartered in Charlotte, NC.
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.
Please contact us or visit our website at www.brooksidemp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.