MCRC Provides Debt and Equity to Support Acquisition of Boston Fire Sprinkler Protection, Inc.

Massachusetts Capital Resource Company Provides Subordinated Debt to wTe Recycling for Management Buyout

February 21, 2024

Industrial Services

Massachusetts Capital Resource Company (MCRC) provided a subordinated debt investment in wTe Recycling, Inc., with proceeds used to facilitate a management buyout. wTe Recycling, founded in 1990, operates metal-shredding and high-speed sorting equipment and supplies ferrous and non‑ferrous metals to domestic and international steel mills in the New England market.

Capitala Group and Trinity Private Equity Group Invest in Chief Fire Prevention & Mechanical Corp

December 19, 2019

HVAC & Mechanical

Capitala Group has closed a credit investment in Chief Fire Prevention & Mechanical Corp, a Mount Vernon, New York-based provider of commercial kitchen exhaust and pre-engineered fire suppression system services. The investment was made in partnership with Trinity Private Equity Group to support Chief Fire's management team and enable continued market-share growth organically and through acquisitions.

Massachusetts Capital Resource Company (MCRC) Provides Mezzanine Financing to PureHD, LLC

March 30, 2022

Telecommunications

Massachusetts Capital Resource Company (MCRC) made a mezzanine loan and equity investment in PureHD, LLC to support the founder's repurchase of outstanding shares held by third-party investors. PureHD, headquartered in Sudbury, Massachusetts, is a provider of commercial satellite TV and streaming/in-room entertainment services to hotels, military lodging, education, MDU and healthcare facilities.

MCRC Makes Growth Investment in Fulfillment America

July 30, 2024

Logistics & Distribution

MCRC has made a growth investment in Fulfillment America, a second-generation family-owned fulfillment and supply chain services provider with facilities in Billerica and Clinton, Massachusetts. The investment supplies working capital support to help Fulfillment America continue servicing national brands and support ongoing operations and growth.

Relay Fire & Safety Acquires Metro Fire Inspection

December 12, 2023

Industrial Services

Relay Fire & Safety, the Riverside-backed life safety platform, has acquired Metro Fire Inspection and Maintenance Inc., a New York City-area fire protection, inspection and maintenance services provider. The deal is an add-on to Relay's platform (backed by The Riverside Company) to expand the firm's footprint into the New York metro area and broaden local service capabilities.

Massachusetts Capital Resource Company Invests in OOFOS, Inc.

January 11, 2023

Consumer Products

Massachusetts Capital Resource Company (MCRC) announced a growth-stage investment in OOFOS, Inc., the active-recovery footwear designer and seller founded in 2011. The proceeds will fund continued sales growth for OOFOS' OOfoam recovery footwear and support the company's expansion in the consumer recovery/athletic footwear market.