Aldine and Provariant Invest in Smart Vent Holdings

Provariant Equity Partners Recapitalizes Smart Vent with Kaulig Capital Participation

January 5, 2024

Building Products

Provariant Equity Partners completed a recapitalization of Smart Vent, with participation from Kaulig Capital and in partnership with Smart Vent owners Mike Graham and Tom Little. Smart Vent and its affiliate Floodproofing.com are providers of flood mitigation and prevention products serving residential, commercial, and municipal markets; the investment will support growth and expand weather-mitigation offerings.

Aldine Capital Partners and Stoic Holdings Invest in Accredited Home Elevator

January 14, 2021

Manufacturing

Aldine provided a subordinated note and equity investment alongside Stoic Holdings in Accredited Home Elevator, a home elevator manufacturer, installer and maintenance services provider founded by Scott Wallace Sr. and Scott Wallace Jr. Accredited serves homebuilders, architects, contractors and homeowners along the U.S. East Coast; the financing is intended to support growth, platform development and add-on activity.

Prospect Partners and Aldine Capital Recapitalize ProClip USA

January 17, 2020

Manufacturing

Prospect Partners completed a recapitalization of ProClip USA, LLC, a Madison, Wisconsin-based designer and distributor of mounting solutions for mobile electronic devices, with a subordinated debt and equity co-investment from Aldine Capital Partners. Enterprise Bank & Trust provided senior debt financing, Promontory Point Capital advised the sellers, and founder Bjorn Spilling will continue as CEO as the company pursues organic growth and add-on acquisitions.

AVALT and VantEdge Acquire Suburban

July 8, 2024

Construction

AVALT, a Boston-based private equity-focused family office, and VantEdge, a Kansas City-based family office investment firm, have acquired Suburban Intermediate Holdco, Inc., a Waukesha, Wisconsin provider of drywall, insulation, steel framing and custom finish installation services. The sponsors invested alongside members of Suburban's management and plan to pursue an acquisition-driven strategy to expand the platform's geographic footprint beyond Wisconsin; terms were not disclosed. High Street Capital sold the company.

Aldine Capital and Conanicut Capital Invest in Capstone Integrated Solutions / Retail Process Engineering

September 11, 2024

IT Services

Aldine Capital Partners, alongside Conanicut Capital, provided subordinated debt and equity to Capstone Integrated Solutions and Retail Process Engineering to form "Capstone Holdco," a platform focused on retail and payment-processing software, consulting, and managed services. The investment will support the new platform’s growth and pursue add-on acquisitions to expand its outsourced digital transformation and supply-chain technology capabilities.

Aldine Invests in Firehouse Strategies and Fisher Nut Company

September 28, 2022

Marketing & Advertising

Aldine Capital Partners provided subordinated debt and an equity investment in two companies: Firehouse Strategies (alongside Semper Fi Partners) and Fisher Nut Company (alongside Rural American Fund). The investments are growth-capital financings intended to support expansion and operations for the two businesses — a Washington, D.C. public affairs/PR firm and an almond processing company based in Modesto, California.