Seacoast Capital and Bochi Investments Recapitalize Superior Fruit Equipment

Seacoast Capital Invests in Focus Technology Solutions (Majority Recapitalization)

November 29, 2023

IT Services

Seacoast Capital has made its first investment from Seacoast Capital Partners V by providing equity and debt to support a majority recapitalization of Focus Technology Solutions alongside the company's management team. The financing enables a management-led recapitalization, promotes Chris Caprio to CEO, and provides working capital to support Focus's growth in managed IT, cloud and cybersecurity services.

Equity Group Investments Recapitalizes East Coast Warehouse & Distribution; Seacoast Capital Exits

February 3, 2022

Logistics & Distribution

Equity Group Investments has recapitalized East Coast Warehouse & Distribution (ECW), a temperature-controlled 3PL headquartered in Elizabeth, New Jersey, enabling Seacoast Capital to exit its non-control growth investment. Seacoast originally invested in 2018 (co-investing with Everside Capital Partners); terms of the recapitalization were not disclosed. ECW operates extensive refrigerated and ambient warehouse capacity and provides drayage, trucking, brokerage and customs exam services at major East Coast ports.

Bochi Investments Acquires Diversified Marine, Inc

July 9, 2025

Manufacturing

Bochi Investments, a Pacific Northwest private equity firm based in Lake Oswego, Oregon, has completed a platform acquisition of Diversified Marine, Inc (DMI), a Portland-based shipbuilder and shipyard services provider founded by Kurt Redd. DMI president Frank Manning will be elevated to owner and CEO as part of a management partnership; Umpqua Bank provided debt financing and legal advisors included McGuire Woods (for Bochi) and Miller Nash (for the Redd family).

Main Street Capital Provides $26M Minority Recapitalization of Superior Rigging & Erecting Co.

September 2, 2020

Construction

Main Street Capital Corporation completed a $26.0 million investment to facilitate a minority recapitalization of Superior Rigging & Erecting Co., funded via a combination of first-lien senior secured term debt and a direct equity investment. Superior, headquartered in Atlanta, Georgia, provides rigging, steel erection and crane & equipment rental services across the southeastern United States; Main Street also provided access to additional term debt to support future growth.

Seaport Capital Recapitalizes Exacom

December 1, 2020

Software

Seaport Capital has made a significant investment to recapitalize Exacom, a developer of multimedia recording and logging solutions for public safety, government, utilities, healthcare and other mission-critical markets. The transaction converts Exacom’s ESOP ownership structure and provides capital to accelerate growth while keeping the existing management team, led by President and CEO Al Brisard, in place.

Vopne Capital Provides Growth Capital to Coastal Manufacturing

January 18, 2023

Manufacturing

Vopne Capital made a growth capital investment in Coastal Manufacturing to support the company's next stage of expansion and innovation. Coastal Manufacturing, headquartered in Watsonville, California and founded by Mark Hoffseth, designs and manufactures food processing equipment for leafy greens, vegetables, frozen fruits and confectionery markets.