Total Committed Capital $271,000,000
August 2001		  

 

  

Garsite/Progress, L.L.C. & Aviation Holding Investments, L.L.C.
Kansas City, KS
www.garsite.com

Subordinated Debt: $6,500,000 | Common Stock: $400,000 | Date: 6/01 | Leveraged Buyout

Garsite/Progress L.L.C., based in Kansas City, Kansas is a holding company comprised of two primary operating divisions. The Garsite division is one of the largest manufacturers of FAA-compliant aviation refueling tank trucks in the United States, while the New Progress (“Progress”) division is a leading manufacturer of steel and aluminum truck-mounted tanks. New Progress targets the aviation, agriculture, heating oil, fleet servicing, and waste hauling markets. Garsite L.L.C. also owns a majority interest in SiteMix L.L.C., a business that assembles volumetric concrete mixing trucks (i.e., trucks that carry the components of concrete separately and mix them onsite).
 
 
 

All-Pak, Inc.
Bridgeville, PA
www.all-pak.com

Subordinated Debt: $5,500,000 | Date: 7/01 | Management Buyout

All-Pak, Inc. is a privately held packaging design, distribution and logistics company headquartered in Bridgeville, PA. The Company provides packaging solutions such as metal and plastic drums, plastic bottles, closures, labels, bags and a myriad of other packaging components. All-Pak handles over 4,000 SKUs supplied by some 350 manufacturers, enabling it to offer customers a comprehensive array of packaging solutions. The Company also provides value-added services such as container cleaning and subassembly. Through intense internal efforts, All-Pak has established a reputation in the marketplace as a leader in customer service and packaging design. Industries served include: food & beverage, consumer products, pharmaceuticals, and various other industrial segments.

  
 
 
 

American Furniture Manufacturing, Inc. & Clearview AFM Investors, L.L.C.
Pontotoc, MS

Subordinated Debt: $9,900,000 | Common Stock: $200,000 | Date: 9/01 | Leveraged Buyout

Founded in 1998, American Furniture Manufacturing is a low-cost producer of promotional upholstered furniture, low price point product that is used by furniture retailers to help generate traffic and is often featured in advertising run by the stores. The Company sells to most major furniture retailers primarily in the Midwest and Florida.

  
 
 
 

AT Plastics, Inc.
Brampton, Ontario Canada

Subordinated Debt: $25,000,000 | Date: 1/02 | Recapitalization

Headquartered in Brampton, Ontario with its core operations in Edmonton, Alberta, AT Plastics Inc. is a specialty chemical company consisting of two business units: i) specialty polymers; and ii) films. While the Company is located in Canada, the majority of its sales are to customers in the U.S. The Company has been publicly-traded since 1994 and trades on the Toronto Stock Exchange under the symbol “ATP.TO”. ATP’s specialty polymers unit, develops and manufactures specialty thermoplastic resins (polymers) for use by producers of plastic products. Specifically, the Company concentrates on ethylene vinyl acetate (EVA) products which are considered specialty grade. End-use markets for the resin products include: thermolaminating films, automotive trim, medical devices, hot-melt adhesives, flexible packaging, foam applications and tubing/piping. In the films business, ATP fabricates greenhouse covers, silage bags and covers for the construction market.

 
 
 
 

National Heritage Academies, Inc.
Grand Rapids, MI

Subordinated Debt: $5,000,000 | Date: 9/02 | Growth Capital

National Heritage Academies, based in Grand Rapids, MI, and founded in 1995, is one of the nations largest operators of public charter schools focusing on elementary grades. NHA currently
operates more than 30 schools in Michigan, North Carolina, New York and Ohio.

  
 
 
 

We Care Transportation, Inc.
Buffalo, NY

Subordinated Debt: $4,000,000 | Date: 9/02 | Recapitalization

We Care Transportation, based in Buffalo, NY, is a regional provider of transportation in 3 market segments: Non-emergency medical transportation is provided through a fleet of ambulettes; school transportation is provided through a fleet of school buses; and leisure and tourism transportation services are carried out through a fleet of specialty vehicles including: trolleys, buses, limousines, and coaches.

  
     

Protective Fabric Manufacturer
Midwest, USA

Subordinated Debt: $7,000,000 | Date: 11/02 | Strategic Acquisition

The Company is a Midwest producer of speciality protective fabrics used in myriad healthcare, industrial, agricultural, marine, awning and graphics applications.

  
 
 

Deckers Outdoor Corporation
Goleta, CA

Subordinated Debt: $14,000,000 | Date: 11/02 | Strategic Acquisition

Deckers Outdoor Corporation, based in Goleta, CA, designs, sources and markets three product lines of footwear under the distinct brands of Teva®, Ugg®, and Simple®. The Company is publicly traded on the NASDAQ under the “DECK” ticker symbol.

  
   

CIBT, Inc.
McLean, VA

Subordinated Debt: $7,000,000 | Preferred Stock: $1,250,000 | Date: 1/03 | Leveraged Buyout
Subordinated Debt: $3,500,000 | Date: 7/04 | Strategic Acquisition
Subordinated Debt: $4,500,000 | Date: 2/05 | Strategic Acquisition
Subordinated Debt: $3,250,000 | Date: 10/05 | Strategic Acquisition
Subordinated Debt: $4,000,000 | Date: 12/05 | Strategic Acquisition

CIBT, Inc., based in McLean, VA, is the nation’s dominant expeditor of international travel documentation (visas and passports) for business travelers. CIBT also offers rental cellular and satellite phones to the same business traveler clientele. Peninsula provided additional financing to support CIBT's acquisitions of Express Visa Service, Inc., Zierer Visa Service, Inc., Zierer Visa Service (UK) Ltd., and V&V Visumdienst B.V. (Netherlands), ), and Gold Arrow Consular Services.

  
   

Tractech, Inc.
Warren, MI

Subordinated Debt: $6,800,000 | Common Warrants: $3,225,000 | Date: 3/03 | Leveraged Buyout

Tractech Inc., based in Warren, MI, is a leading designer and manufacturer of premium quality traction control differential systems and centrifugal clutch assemblies serving both the original equipment and aftermarket sectors.

  
   
     

Retail Pet Distributor
Midwest, USA

Subordinated Debt: $4,000,000 | Date: 12/03 | Recapitalization/Dividend

The Company is the leading distributor of pure breed puppies to the retail pet industry. The Company delivers puppies to most major metropolitan areas throughout the U.S. via its fleet of custom-designed climate-controlled trucks. The Company is recognized throughout the pet industry as a leader in animal care and animal welfare, and for its attention to customer service, quality, and safety.

 
   
   

Cloud Packaging Solutions, L.L.C.
Des Plaines, IL
www.cloudcorp.com

Subordinated Debt: $2,000,000 | Date: 12/03 | Strategic Acquisition

Cloud Packaging Solutions, L.L.C., based in Des Plaines, IL, is a high-speed, high-volume contract packager of food stuffs, such as, powders (coffee, sugar, powdered drinks), granular products (ready serve oatmeal, granola) and small pieces (macaroni, gummi bears, candies). Cloud is also a designer and manufacturer of high speed form fill/seal (FFS) packaging machinery and related equipment primarily for food companies. Recently, Cloud acquired SPAN Contract Packaging, Inc., a contract packager serving the OTC pharmaceutical industry.

  
   
   

NatRock, Inc.
Bridgewater, NJ

NatRock, Inc. is a holding company established for acquiring Geo. Schofield, Inc. and subsequent acquisitions in the natural stone industry.

George Schofield Company, Inc.
Bridgewater, NJ
www.geoschofield.com

Subordinated Debt: $5,500,000 | Date: 1/04 | Leveraged Buyout
Subordinated Debt: $3,000,000 | Date: 10/04 | Strategic Acquisition

Common Stock: $187,500 | Date: 11/05 | Growth Financing
Subordinated Debt: $2,000,000 | Date: 12/05 | Strategic Acquisition

Common Stock: $315,000 | Date: 03/07 | Strategic Acquisition

George Schofield Company, Inc., headquartered in Bridgewater, NJ, is a leading wholesaler, retailer and manufacturer of specialty landscape/hardscape and building products. Their product line consists of decorative stone, aggregates, landscaping and building sand, gravel and soil mixes used for golf courses and stadiums. Peninsula provided additional financing to support NatRock, Inc. and Geo. Schofield’s acquisition of American Sandstone, Inc., Brening’s Rock & Supply and Chandler Rock, Inc.

  
   
   

Bruegger’s Enterprises, Inc.
Burlington, VT

Subordinated Debt: $4,500,000 | Date: 1/04 | Recapitalization

Bruegger’s Enterprises, Inc., headquartered in Burlington, VT, is the second largest retail chain of fresh bagel bakeries in the United States. The Company consists of a nationwide system of 243 stores in 17 states. Bruegger’s has 127 Company-owned stores and 116 franchise stores.

 
   
   

Global Thermoelectric, Inc.
Calgary, Alberta Canada
www.globalte.com

Subordinated Debt: $4,500,000 | Date: 5/04 | Leveraged Buyout

Global Thermoelectric, Inc., based in Calgary, Alberta, is the leading developer, manufacturer and marketer of thermoelectric generators in the world.

  
   
   

InGEAR Corporation
Buffalo Grove, IL
www.ingearsports.com

Subordinated Debt: $8,000,000 | Date: 6/04 | Leveraged Buyout

InGEAR Corporation, based in Buffalo Grove, IL, designs, manufactures and sells a broad range of luggage, sports bags, backpacks and soft coolers through major retailers in the United States and Canada.

  
   
   

Tanning Bed, Inc.
West Seneca, NY
www.tanningbed.com

Subordinated Debt: $4,000,000 | Date: 6/04 | Growth Capital

Tanning Bed, Inc., based in West Seneca, NY, operates a chain of indoor tanning centers and is the largest provider of such services in upstate New York. The Company’s stores generate over 2.5 million visits annually.

 
   
   

Tex Tech Industries, Inc.
North Monmouth, ME
www.textechindustries.com

Subordinated Debt: $12,000,000 | Preferred Stock: $2,000,000 | Date: 6/04 | Management Buyout

Tex Tech Industries, Inc., together with its U.S. and Asian subsidiaries, is a leading manufacturer of highly-engineered woven and non-woven fabrics used in numerous industrial applications, including aerospace, mass transportation, aviation, defense, filtration, ballistics, and fire blocking. The Company is also the dominant worldwide supplier of high performance tennis ball felt.

  
   
     

Transportation Company
Northeast, USA

Subordinated Debt: $7,000,000 | Preferred Stock: $2,000,000 | Date 7/04 | Leveraged Buyout

The Company is the leading dispatcher of community cars providing transportation services.

  
   
 
 

PartsZone, L.L.C.
Minneapolis, MN
www.minnpar.com | www.partsforlifts.com

Subordinated Debt: $3,800,000 | Common Stock: $500,000 | Date: 9/04 | Leveraged Buyout
Subordinated Debt: $1,000,000 | Common Stock: $500,000 | Date: 4/07 | Strategic Acquisition

PartsZone, L.L.C., headquartered in Minneapolis, MN, distributes repair and service parts for industrial grade construction, mining and forestry equipment.

  
   
 

Americana, L.L.C.
Las Vegas, NV
www.americanagrp.com

Subordinated Debt: $12,500,000 | Date: 10/04 | Leveraged Buyout

Americana, L.L.C., headquartered in Las Vegas, NV, is a residential real estate brokerage company affiliated with the Prudential real estate network, and is the largest firm of its kind in the greater Las Vegas market. The Company is a recognized industry innovator and is one of the top ten firms in the Prudential network with over 1,000 affiliated agents.

 
   
   

Specialized Packaging Group, Inc.
Hamden, CT
www.spgroupinc.com

Subordinated Debt: $15,700,000 | Preferred Stock: $6,280,000 | Date: 12/04 | Recapitalization

Specialized Packaging Group, Inc. is a certified minority owned converter of box-board into packaging for consumer products companies such as Proctor & Gamble, Unilever, and Colgate-Palmolive. The Company operates two state-of-the-art plants that are capable of producing a wide variety of packaging and graphics. The Company has developed a reputation for its ability to produce technically challenging packaging solutions for its customers.

  
   
   

NAP Tools, L.L.C.
Jasper, IN
www.naptools.com

Subordinated Debt: $4,500,000 | Date: 1/05 | Leveraged Buyout
Subordinated Debt: $6,000,000 | Date: 6/06 | Strategic Aquisition

Founded in 1941, NAP Tools is a leading manufacturer and distributor of cutting tools and is the nation’s largest servicer of cutting tools. The Company operates 12 regional service centers located throughout the United States and Canada. Peninsula provided additional financing to support NAP Tools’s acquisition of Les Outils Gladu based in Marieville, Quebec Canada.

  
   
   

Kelly Aerospace, Inc.
Montgomery, AL
www.kellyaerospace.com

Subordinated Debt: $15,000,000 | Date: 5/05 | Recapitalization

Kelly Aerospace, Inc. designs, manufactures and sells a broad range of electrical components, turbochargers, heaters, fuel systems, and airframe components for the general aviation market, as well as turbochargers and related performance enhancing products for the performance automotive aftermarket and certain industrial markets.

  
   
   

Academy of Healing Arts, L.L.C.
Las Vegas, NV
www.academyofhealingarts.com

Preferred Stock: $5,000,000 | Common Stock: $1,000,000 | Date: 9/05 | Leveraged Buyout

Academy of Healing Arts, L.L.C. is a for-profit vocational school focused on health career programs with an enrollment level of about 300 students. The Company offers four primary career programs that award students either a diploma or a certificate, including Medical Assistant, Message Therapy, Medical Office IT, and Phlebotomy. The school has been accredited by the State of Nevada and by the Council on Occupation Education.

  
   
   

Interasian Resources Group, L.L.C.
New York, NY
www.interasian.com

Subordinated Debt: $7,000,000 | Preferred Stock: $3,500,000 | Date: 11/05 | Leveraged Buyout
Common Stock: $2,000,000 | Date: 4/07 | Strategic Acquisition

Interasian Resources Group, L.L.C., headquartered in New York City, designs and manufactures cosmetic bags, travel totes, and similar items for fragrance and cosmetic marketers primarily for use in gift set packaging and gift-with-purchase promotions. The Company also makes handbags for leading fashion companies and portable device carrying cases (i.e., for cell phones, lap tops, etc.) for electronics OEMs and aftermarket suppliers.