Crescent House Publishing Inc., a Carlsbad, Calif.-based provider of multimedia technologies to the retail market, has raised an undisclosed amount of mezzanine funding from Huntington Capital.
Huntington Capital completes investment in award winning interactive digital media company.
Huntington Capital Fund II, LP (“Huntington”), a San Diego based lower-middle market focused private equity mezzanine fund, is pleased to announce its investment in Crescent House Publishing, Inc. (CHP), a Carlsbad, California based company. The financing was provided to facilitate the deployment of touch-screen interactive digital units with CHP’s software, known as “Scentsa®” and “ScentsaBeauty®,” used by Sephora, JCPenney and DFS Galleria, as well as digital media advertising in Barnes & Noble College Bookstores.
Founded in 1992, CHP is an award-winning interactive digital media company (Cisco Growing with Technology Honor, Stevie Award for Woman Entrepreneurs, and FiFi Award for Technological Innovation from The Fragrance Foundation). Its Scentsa® software is a proprietary touch-screen program developed for retailers. Scentsa software combines digital media, interactive features and an extensive database that enables retail clients to provide shoppers with a unique experience when making buying decisions. The interactive wall mounted screen is a useful tool for customers wishing to search for products and for sales associates to showcase and explain products. Backing the Scentsa software is a multilingual proprietary database of fragrances, skincare, and makeup developed by its founder and Co-CEO Jan Moran, a world renowned beauty expert and bestselling author.
The CHP software and interactive marketing solutions are ideal for specialty retailers in situations where:
i. Retailers stock a diverse assortment of products,
ii. Purchase decisions are facilitated or enhanced by salespersons’
iii. Customer’s desire for knowledge enhances the buying decision and
product enjoyment, and results in continued patronage.
“This is a talented team with vision and a keen ability to execute using interactive digital technology. We are thrilled to play a part in this rapidly growing company,” noted Huntington Managing Partner Morgan Miller.
“We have been impressed by Huntington Capital’s flexible approach to structuring the funding arrangements, as well as the desire to be involved when needed to help our business grow with both the proper financial tools and business insights. We have a tremendous amount of respect for the Huntington team and look forward to building our company with them in the future.” says CHP Co-CEO Steven Fish.
Crescent House Publishing, Inc.
Crescent House Publishing, Inc. is an award-winning multimedia technology company serving the global retail industry. Crescent House Publishing creates marketing and information software solutions for retailers and vendors to reinforce brand awareness, enhance sales training, and create in-store excitement. For more information please visit the company website at www.scentsa.com.
Based in San Diego, CA Huntington Capital was established as a leading growth capital provider to lower middle market companies throughout California and the Southwestern United States via a combination of mezzanine and equity investments. Huntington is currently investing out of its second fund, Huntington Capital Fund II. Huntington’s management team is led by Partners Morgan Miller, Barry Wilson and Tim Bubnack. For more information please visit our website at www.huntingtoncapital.com.