Peninsula Capital Partners is pleased to announce the acquisition of Lite Tech, Inc. (d/b/a XenoLite) by its portfolio company Burlington Medical, LLC, representing the third major acquisition by the Burlington platform. Lite Tech, based in Norristown, PA, is a manufacturer of radiation protect... CONTINUE READING
Peninsula Capital Partners is very pleased to announce its latest exit — Seaboard Folding Box Company. Seaboard, based in Westminster, MA is a market leading packaging company producing folding cartons, and principally serving the food and personal care products industries. Peninsula partnered w... CONTINUE READING
Detroit–based Peninsula Capital Partners announces it has sold its interests in Walpar, L.L.C. in connection with a sale of the company to Valmont Industries, Inc. of Omaha, Nebraska, an NYSE‐listed company (“VMI”). Peninsula acquired a controlling interest in Walpar from its founders in 2009 with capital provided by its fourth managed investment partnership, Peninsula Fund IV, L.P., a $335 million committed capital fund. The transaction resulted in all of Peninsula Fund IV’s equity ow... CONTINUE READING
On April 11, 2017 Grosse Pointe Farms resident Scott Reilly was presented the Lifetime Achievement Award by the Detroit Chapter of the Association for Corporate Growth at its annual M&A All Star Awards event. The event was held at the Townsend Hotel in Birmingham and is the organization’s largest and most prestigious gathering at which professionals in the mergers and acquisition industry are recognized for their accomplishments. Several hundred people attended the ceremony, including many... CONTINUE READING
On August 15th Detroit-based Peninsula Capital Partners L.L.C. held its final closing on its sixth subordinated debt and structured equity partnership, completing its fund-raising with $402 million of capital commitments, a level consistent with the General Partner’s targeted size range. Fund-raising for Fund VI was launched in late 2014 and a first closing on over 80% of total commitments occurred a few months later in July 2015. Fund-raising was mostly completed in the first quarter of 2016,... CONTINUE READING
Peninsula Capital Partners Holds Final Closing on its Fifth Mezzanine and Structured Equity Partnership. On March 15th Detroit-based Peninsula Capital Partners L.L.C. held its final closing on its fifth mezzanine and structured equity partnership, completing its fund-raising with $389 million of capital commitments. Despite a historically difficult market environment for fund-raising, Fund V exceeded its $350 million goal, and had the opportunity to raise substantially more capital from a su... CONTINUE READING
On October 1st, Detroit-based Peninsula Capital Partners L.L.C. held its first and only closing on its fourth mezzanine and structured equity partnership. The Peninsula Fund IV L.P. garnered $335 million of capital commitments from an overwhelmingly institutional investor base, including most Fund III investors. The Fund exceeded its fund-raising target of $300 million and was fully committed within several months of its launch. As was the case for its previous partnerships, the General Pa... CONTINUE READING
On August 10, 2001, the Detroit-based private investment firm of Peninsula Capital Partners held the second and final closing of its third investment partnership, The Peninsula Fund III L.P. The closing added $119 million to the Partnership, increasing its total capitalization to $271 million, a figure well in excess of the Partnership’s goal. Peninsula Fund III follows in the tradition of two predecessor partnerships as it is dedicated to providing mezzanine and structured equity capital... CONTINUE READING
Peninsula Capital Partners L.L.C. (Detroit, Michigan) — The principals of Peninsula Capital Partners are pleased to announce the final closing of Peninsula Fund II, a private investment partnership with $143.3 million of committed capital, a figure well in excess of the Fund II’s original $100 million target. Fund II focuses on providing hard-to-find subordinated debt, equity and late-stage venture capital to smaller middle-market companies requiring capital to fund growth, acquisitions or c... CONTINUE READING
Detroit, Michigan, January 1, 1997—the principals of Peninsula Capital Partners L.L.C. are pleased to announce the final closing of the Peninsula Fund LP, a $53.0 million mezzanine-debt private partnership dedicated to making investments in superior middle-market companies requiring capital to facilitate expansions, acquisitions or recapitalizations. The Fund targets investment sizes of $1.0 million to $6.0 million in manufacturing, distribution, financial services, retail, food and consumer p... CONTINUE READING
