AlturnaMATS, Inc. was founded in 1995 in Titusville, PA by a heavy equipment mechanic seeking a better way to prevent ground damage from equipment during excavation and construction work. He developed plastic protection mats that proved to be much more durable than the plywood alternative. In addition to protecting landscaping, the mats have a patented tread to provide traction for transport equipment. In 2006, the owner decided to sell the business to existing management, who had been responsible for the growth of the business over the last four years. F.N.B. Capital Corporation, LLC provided the mezzanine debt necessary to complete the acquisition. Today, the mats are used globally throughout the construction and drilling industries and are also used by golf courses, cemeteries and universities. Additional information is available at the Company's website www.alturnamats.com. Read more about this transaction.
Ashton Potter Security Printing is a Buffalo, New York based company focused on the high security printing market. The Company has become one of the top suppliers to the United States Postal Service producing over 10 billion postage stamps annually and has best in class printing capabilities. Additional products include stamped envelopes and cards for the USPS as well as tax revenue stamps for domestic and international governments. The Company has also moved into the brand identity protection market to help protect clients from counterfeit products. Additional information, including how to order your own personalized stamped envelopes, can be found by visiting the Company's website www.AshtonPotter.com Read more about this transaction.
Cadence Capital Management is a Boston, Massachusetts-based investment management firm specializing in actively managed domestic equities. Cadence Capital Management was founded in 1988 with $20 million of seed capital from Pacific Mutual Life Insurance Company. In 2005, the company’s employees acquired their firm with a capital infusion from Rosemont Capital. Cadence Capital Management is now an independent, majority employee-owned investment management firm. In 2010, F.N.B. Capital Corporation provided mezzanine financing to recapitalize the company’s balance sheet and position it for continued growth.
Cadence has a tenured and experienced management team with a proven track record, as well as a customer services program that has helped the company grow to over $5 billion in assets under management. The company has a diverse client base which includes corporate pension plans, corporate non-ERISA accounts, endowments and foundations, Taft-Hartley plans and public pension funds. Cadence is also a sub-advisor for mutual funds in the Managers Investment Group Series (Managers Cadence Capital Appreciation Fund, Managers Cadence Focused Growth Fund, Managers Cadence Mid-Cap Fund and Managers Cadence Emerging Companies Fund).
To learn more about this company, please visit their website at www.cadencecapital.com. Read more about this transaction.
Celtic Healthcare is a multi-state, comprehensive, Medicare-certified, skilled home healthcare and hospice service organization. Celtic Healthcare was founded in 1996 in Mars, Pennsylvania, by Arnie Burchianti, a practicing physical therapist. Celtic’s service area now stretches throughout Western, Central and Northeast Pennsylvania, Northeast Ohio and Montgomery and Baltimore counties in Maryland. Celtic Healthcare has earned national recognition for its technology and specialized chronic disease management programs utilizing Telehealth technology. Celtic has also been honored with numerous awards including Best Places to Work, Fastest Growing Company, Homecare Marketing and Homecare Elite Status. The cash infusion provided by F.N.B. Capital Corporation was used to complete Celtic’s acquisition of Hospice Community Care in Scranton, PA. This acquisition expands Celtic’s geographic presence in Eastern Pennsylvania and enhances the Company’s ability to provide quality hospice services throughout its operating footprint. To learn more about this company, please visit their website at www.celtichealthcare.com. Read more about this transaction.
Thorley Industries, LLC is a Pittsburgh-based company that was founded in 2005 by Henry Thorne and Rob Daley. The Company currently specializes in the development of innovative products sold under the 4momsTM brand name. The name comes from the first research focus group of “four moms" who have been instrumental in the development of product ideas that serve as Real-Life Solutions from Real-Life MomsTM. From these ideas, the Company engineered products that would allow routine parenting tasks to become "easier for moms and safer for kids". Additional information can be found by visiting the Company's website at www.4momsonline.com. Read more about this transaction.
Paragon Asset Recovery Services, Inc., based in Coraopolis, PA, near downtown Pittsburgh, is a specialty services firm with a focus on identification, billing and recovery of third party deductibles and subrogation on behalf of large property and casualty commercial insurance companies. Since 1994, Paragon has partnered with clients to improve their financial performance. F.N.B. Capital Corporation’s investment supported an acquisition led by Joseph Warnagiris, Paragon’s Chief Executive Officer. Additional capital was provided to fund future growth initiatives. “We see this partnership with F.N.B. Capital as a great opportunity to continue to build Paragon. From our very first conversations with F.N.B. Capital, we felt comfortable with their approach and that they would take the time necessary to understand the unique nature of our business,” noted Warnagiris. More information can be found by visiting the Paragon’s website at www.paragonars.com. Read more about this transaction.
B.J. Alan Company, Inc. is a Youngstown, Ohio based company that was founded in the 1970s by current CEO Bruce Zoldan. Operating under the well known Phantom Fireworks brand name, the Company has expanded to become the second largest importer and wholesaler of consumer fireworks in the nation. Additionally, Phantom is the largest operator of permanent retail fireworks showrooms in the United States with 52 locations serving over 350,000 customers a year, and during the peak selling season Phantom will sell products through over 1,000 temporary locations. Additional information including a product catalogue and store locations can be found by visiting the Company's website www.Fireworks.com. Read more about this transaction.
Founded in 1983 and operating out of Southport, North Carolina, Tri-Tech, Inc. is a leading designer, manufacturer, and distributor of over 4,000 law enforcement products. It is also one of the largest manufacturers of forensic evidence collection kits, DNA collection kits used in crime laboratories, and other customized crime scene investigation kits. Now doing business as Tri-Tech Forensics, Inc., the Company’s products are also utilized by forensic labs, law enforcement agencies, professional sports teams, drug testing laboratories, and large corporations throughout the world. F.N.B. Capital provided mezzanine financing to support the acquisition of the assets of Tri-Tech, Inc. by Point Lookout Capital Partners II, L.P., a Manhattan-based private investment firm. “Tri-Tech has had an outstanding reputation in the forensics market for many years," said James Cesare, Managing Partner of Point Lookout Capital Partners. “Given the increasing levels of accountability required from the judicial system, crime scene investigation products are becoming more sophisticated and the users are demanding higher quality products," he added. For more information, please visit the company’s website at www.tritechusa.com. Read more about this transaction.