Granite Creek Capital Partners and Patriot Capital Invest in Salem One

Salem One Acquires iTek Graphics; Backed by Granite Creek and Patriot Capital

February 1, 2024

Packaging

Salem One, a Granite Creek Capital Partners portfolio company, has acquired iTek Graphics, a printing and graphics company based in Concord, North Carolina. The transaction was funded by Granite Creek’s FlexCap III fund with a co-investment from Patriot Capital and will operate iTek as a stand-alone division of Salem One, expanding Salem One’s printing, packaging and corporate communications capabilities in the Southeast.

Granite Creek Capital Partners Invests in CP Direct

February 17, 2023

Marketing & Advertising

Granite Creek Capital Partners led an investment in CP Direct Holdings, L.L.C., a Lanham, Maryland-based direct mail printing services provider, with co-investments from Everside Capital Partners and senior financing provided by Cadence Bank. Granite Creek partners joined CP Direct's board as the firm said the investment will support expansion of the company's direct mail and corporate communications capabilities and accelerate growth.

The Granite Group Acquires Salem Plumbing Supply

December 22, 2024

Building Products

The Granite Group has acquired Salem Plumbing Supply, a multi-location plumbing and heating distributor in Massachusetts. The acquisition, for which terms were not disclosed, was advised on the sell-side by The Beringer Group and strengthens The Granite Group’s presence in eastern Massachusetts.

Granite Creek Capital Partners Acquires NYP Corp.

November 14, 2023

Manufacturing

Granite Creek Capital Partners, a Chicago-based private investment firm, has acquired NYP, LLC (d/b/a NYP Corp.), a value-added packaging manufacturer and distributor headquartered in Elizabeth, New Jersey. As part of the transaction Robert Dahl was named CEO and Granite Creek partners joined NYP's board; sellers included long-time owner-operators Christopher and Jerry LaBelle. Granite Creek said it will support product diversification, expansion, and continued growth at the company.

Granite Creek Capital Partners Invests in Pinstripes, Inc.

May 31, 2023

Restaurants & Hospitality

Granite Creek Capital Partners, a Chicago-based private investment firm, has made a growth investment in Pinstripes, Inc., an operator of dining and entertainment venues combining bowling, bocce, and Italian-American cuisine. The capital will be used to finance Pinstripes' expansion—the company operates 13 venues with six additional locations under construction across multiple states.

Clavis Capital Partners Acquires DCG ONE

January 2, 2020

Marketing & Advertising

Dallas-based private equity firm Clavis Capital Partners acquired Seattle-based marketing services and specialty print provider DCG ONE, with the transaction closing on January 2, 2020. DCG ONE — founded in 1965 and led by Brad Clarke, Tammy Peniston and Terry Storms — operates four production facilities with over 300 employees and provides specialty print, packaging and outsourced marketing solutions to major brands.