Clarion Capital Partners Makes Strategic Investment in OpenRoad Lending

Clarion Capital Partners Completes Strategic Investment in Narrative Strategies

February 15, 2024

Marketing & Advertising

Clarion Capital Partners completed a strategic growth investment in Narrative Strategies, an integrated public affairs and corporate reputation agency. Narrative’s founding partners retain a significant ownership stake and will continue to lead operations as the investment will support capability expansion, geographic growth, and future M&A activity.

L Catterton, THOR, Long Light Capital and Chesapeake Partners Invest in Open Road Resorts

September 3, 2024

Restaurants & Hospitality

L Catterton led a strategic growth investment into Open Road Resorts, joined by THOR Industries, Long Light Capital, and Chesapeake Partners, to scale the RV-park and campground platform across the United States. The capital will support ORR’s acquisition of additional parks, investments in amenities and infrastructure, and marketing and brand-building to expand its geographic footprint.

Clarion Capital Partners Makes Strategic Investment in Ad.net

July 20, 2021

Marketing & Advertising

Clarion Capital Partners completed a strategic growth investment in Ad.net, a Los Angeles-based provider of digital performance advertising. Financing for the transaction included unitranche and other debt from PennantPark Investment Advisers, Stellus Capital Management and Five Points Capital (which also made an equity co-investment); Ad.net's CEO and founder Jon Waterman retained a significant ownership stake and will remain CEO.

Trivest Partners & LP First Capital Form OpenRoad and Acquire Four Collision Repair Shops

September 6, 2022

Automotive

Trivest Partners and LP First Capital announced the formation of OpenRoad, a family of collision repair center brands, alongside the acquisitions of four collision repair shops: Car Crafters (Albuquerque, NM), Drury and Moss Body Shop (Amarillo, TX), 1st Choice Collision (Houston, TX), and Helotes Collision (Helotes, TX). The platform (OpenRoad) now operates multiple locations across the Southwest and will be led by CEO Tom Csekme; founders/managers of acquired shops (including Jim and Sean Guthrie of Car Crafters) are expected to remain in leadership roles.

Clarion Capital Partners Invests in Ready Credit Corporation

June 2, 2023

Payments & Fintech

Clarion Capital Partners completed a control investment in Ready Credit Corporation (including its Reverse ATM subsidiary) on May 25, 2023. The partnership will fund product and infrastructure enhancements, geographic expansion and go-to-market growth as Ready Credit scales its cash-to-card prepaid kiosk payment solutions for airlines, venues, transit authorities and other consumer-facing businesses.

Ridgemont Equity Partners Leads Recapitalization of RoadOne IntermodaLogistics

January 5, 2023

Logistics & Distribution

Ridgemont Equity Partners led a recapitalization of RoadOne IntermodaLogistics alongside the company’s management and existing investor Nonantum Capital Partners. The transaction provides growth capital to support RoadOne’s geographic and service-line expansion, M&A activity, and technology investments; financial terms were not disclosed.