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Select Portfolio Companies
FNEC I & II |
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Dayton Parts, Inc.
Dayton Parts is a manufacturer and distributor of truck and trailer replacement parts. First New England Capital invested $2.0 million in the form subordinated notes with warrants. The funds were used by management in conjunction with a private equity investor for the purchase of the company from its public parent. The company performed very well and within two years the company was sold again to the same management and a new equity partner. www.daytonparts.com |
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Direct Mail Holding, LLC
Direct Mail Holding is a full service direct mail company that mails over 1 billion pieces of mail per year through serving the non-profit, financial, healthcare, publishing and consumer product markets throughout the U.S. First New England Capital provided equity capital used in the acquisition of the Company by a sponsor group acting together with the management team of the Company. The Company’s strong performance and subsequent successful acquisitions led to rapid growth and the sale of the Company again to the management team together with a new equity partner. www.directmailholding.com |
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Harvard Bioscience, Inc.
Harvard Bioscience is a global developer, manufacturer and marketer of a broad range of apparatus and instruments used in research laboratories at pharmaceutical and bioscience companies, universities and governmental organizations worldwide. First New England Capital provided equity and debt capital used in the acquisition and recapitalization of the company by the management team. The company subsequently completed a successful IPO and is traded on NASDAQ under the symbol: HBIO. www.harvardbioscience.com |
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Jewell Instruments, Inc.
Jewell Instruments is a leader in the manufacture and distribution of panel meters, avionics components, inertial sensors, accelerometers, inclinometers and precision solenoids. First New England Capital provided $2.5 million in the form of subordinated debt which afforded management the opportunity to purchase Jewell from its parent company.
www.jewellinstruments.com |
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Simoniz USA, Inc.
Simoniz is a manufacturer of a broad range of products used in the automotive appearance industry. The Company’s products are used in commercial car washes, professional detailing centers and institutional cleaning outlets. In addition the Company sells cleaning products and pressure washers for the consumer DIY market through national retail chains. First New England Capital led an investor group in providing subordinated debt to Syndet Products, a regional manufacturer, for the acquisition of the Simoniz brand.
www.simonizusa.com |
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Stonewall Kitchens, Inc.
Stonewall Kitchen is a manufacturer and marketer of branded specialty food items and related products for the kitchen. The Company markets its products on a wholesale level and through its own catalogue and web site as well as through five company owned retail locations. First New England Capital provided subordinated debt to facilitate a refinancing of the company. www.stonewallkitchen.com |
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