Petra Receives Small Business Investment Co Accolade

Petra Capital Partners, a private equity firm based in Nashville, Tennessee, has been recognized as one of two Small Business Investment Companies to receive the award for Small Business Investment Company of the Year. The award was presented to Michael Blackburn, founding partner of Petra Capital, at the National Small Business Week 2012 award event in Washington, D.C.

PRESS RELEASE

Petra Capital Partners, a private equity firm based in Nashville, Tennessee, today announced that it has been recognized as one of two Small Business Investment Companies to receive the award for Small Business Investment Company of the Year. The award was presented to Michael Blackburn, founding partner of Petra Capital, at the National Small Business Week 2012 award event in Washington, D.C.
“It was exciting to accept this award on behalf of our team at Petra at the U.S. Small Business Week in Washington D.C. today. This award recognizes the successful 14-year relationship we have had with the U.S Small Business Administration as a licensed small business investment company,” said Blackburn. Petra general partner, Rob Smith, added, “We’d like to thank our investors and the management teams we’ve backed over the years for their role in the success Petra has enjoyed. We look forward to continuing our partnership with the SBA in support of U.S. based, high-growth small businesses.”
About Petra Capital Partners
Petra Capital Partners, LLC is a private equity firm based in Nashville, Tennessee. The firm is actively investing its second SBIC fund, Petra Growth Fund II, which has $160 million of available capital to invest. Its previous funds under management total $130 million. Petra provides non-control subordinated debt and/or preferred stock to high growth companies for expansion, acquisition, buyout, refinancing or recapitalization in partnership with the founding management team. Petra seeks to invest up to $15 million in growth companies that possess a minimum of $10 million in revenue and positive EBITDA at the time of investment. The fund targets business, healthcare and information technology services companies. For more information, please visit Petra’s website at www.petracapital.com or call (615) 313-5999.