Brookside Capital Partners Recapitalizes Lynn Electronics, LLC

Exeter Street Capital Partners Recapitalizes Price Circuits LLC and Circuitronics LLC

August 4, 2026

Industrial Services

Exeter Street Capital Partners (the private equity affiliate of Patriot Capital Group) announced the recapitalization of Price Circuits LLC and Circuitronics LLC, forming a new buy-and-build strategy for advanced printed circuit boards (PCBs). The transaction is completed in partnership with Capitala Group, Five Points Capital, and the Varghese family, which remains a shareholder, with Pinnacle Bank providing senior working capital financing.

Valesco Industries and Brookside Capital Partners Complete Majority Recapitalization of Five Lakes Manufacturing

July 9, 2025

Manufacturing

Dallas-based private equity firm Valesco Industries completed a majority recapitalization of Five Lakes Manufacturing, a Clinton Township, Michigan manufacturer of interior commercial and architectural wood doors. Brookside Capital Partners provided subordinated debt and an equity co-investment alongside the selling shareholders, with Comerica Bank as senior lender; the transaction will support growth, new machinery investments and geographic expansion.

Sound Growth Partners and Everside Capital Partners Majority Recapitalize Sunny Communications

September 24, 2024

Telecommunications

Sound Growth Partners, with capital from Everside Capital Partners, completed a majority recapitalization of Sunny Communications, LLC, a Lakewood, Colorado-based provider of refurbished land mobile radio equipment, repair services, and rentals. The transaction provides liquidity to founders Dave and Tracy Sungelo while supporting Sunny's continued growth as a key supplier to first responders and municipalities.

LXP Recapitalizes Black Creek Integrated Systems Corp.

May 3, 2024

Software

LXP, LLC completed a recapitalization of Black Creek Integrated Systems Corp., a provider of proprietary public safety software and facility control systems for high-security corrections facilities; the transaction closed on April 9, 2024. Midwest Mezzanine provided subordinated debt and a partial equity investment to support the deal while Third Coast Bank provided senior debt; Brady Hughes will become CEO and founder Ike Newton will transition to the board.

Brookside Capital Partners Invests in Principal LED, Inc.

December 12, 2022

Manufacturing

Brookside Capital Partners provided subordinated debt and a preferred-equity co-investment to support the growth strategy of Principal LED, Inc., a San Angelo, Texas-based manufacturer of LED modules and lighting components. Principal is an existing portfolio company of Valesco Industries, LLC; the capital package is intended to support the company's expansion and growth initiatives in the electrical sign and architectural illumination markets.

Hamilton Robinson Capital Partners Recapitalizes Signal Control Products with Brookside Capital Participation

January 11, 2022

Infrastructure

Hamilton Robinson Capital Partners, together with management, has recapitalized Signal Control Products, a Branchburg, New Jersey-based value-added distributor and solutions provider of traffic signal control equipment. Brookside Capital Partners provided subordinated debt and an equity co-investment to facilitate the transaction, which will provide capital and resources to support Signal Control's next phase of growth and capability expansion.