Growth Capital • Automotive

KT Capital Partners, Parkway Capital and Pine Street Capital Partners Invest In Dealer Solutions & Design

On September 30, 2021, private equity firm KT Capital Partners, mezzanine finance firm Parkway Capital and mezzanine finance firm Pine Street Capital Partners invested in automotive company Dealer Solutions & Design

Investment Context
  • This is KT Capital Partners’ 2nd, Parkway Capital’s 1st and Pine Street Capital Partners’ 3rd transaction in the Automotive sector.
  • This is KT Capital Partners’ 9th, Parkway Capital’s 16th and Pine Street Capital Partners’ 40th transaction in the United States.
  • This is KT Capital Partners’ 4th, Parkway Capital’s 1st and Pine Street Capital Partners’ 1st transaction in Georgia.
Investment Fate
  • Dealer Solutions & Design was sold to a strategic buyer in 2023.

Explore All 183 Growth Capital Automotive Deals - Search the Database Free


Investment Summary

Date September 30, 2021
Target Dealer Solutions & Design
Sector Automotive
Investor(s) KT Capital Partners
Parkway Capital
Pine Street Capital Partners
Deal Type Growth Capital
Advisor(s) Generational Group (Financial)

Target Company

Dealer Solutions & Design

Duluth, Georgia, United States
Dealer Solutions & Design is a provider of the automotive fixed operation approach to design and outfitting fixed operations facilities with shop equipment for new and renovated automobile dealerships. DSD has now been involved in over 700 facility projects. Dealer Solutions & Design was founded in 2005 and is based in Duluth, Georgia.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investors Overview 3

Investor

KT Capital Partners

Atlanta, Georgia, United States

Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

KT Capital Partners is a private investment group that looks to partner with management is acquiring Southeast US-based companies generating revenues from $5 to $50 million with an enterprise value of $5 to $50 million and at least $1 million of EBITDA. Prospective businesses generally have established products or services; operate in stable, growing markets; exhibit 'reasonable' opportunities for growth; and possess 'opportunities to create efficiencies through process improvements'. KT Capital Partners is based in Atlanta, Georgia.


Deal Context for Investor #
Overall 9 of 11
Sector: Automotive 2 of 2
Type: Growth Capital 2 of 2
State: Georgia 4 of 5
Country: United States 9 of 11
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 ITA Window Fashions

Ormond Beach, Florida, United States

ITA Window Fashions is a manufacturer of residential and commercial window coverings components for manufacturers and finished products, window coverings for distributors and retailers. ITA Window Fashions was founded in 1986 and is based in Ormond Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Estimating Edge

Boynton Beach, Florida, United States

Estimating Edge is a developer of The EDGE commercial construction estimating, project management tracking, and takeoff software for acoustical, drywall, EIFS, fireproofing, flooring, painting, roofing, wall paneling, and waterproofing contractors. Estimating Edge was founded in 1986 and is based in Boynton Beach, Florida.

Sell -
Investor
DESCRIPTION

Parkway Capital is the mezzanine finance unit of Calvert Street Partners. Parkway's investments typically take the form of subordinated debt, which can be combined with a junior secured loan or preferred stock. If an opportunity calls for common equity, Parkway can also co-invest with other shareholders. Parkway looks to commit $3 to $12 million of capital per transaction in companies with at least $10 million in revenue and EBITDA in excess of $2 million. Funds are generally used to support business expansions, corporate acquisitions, leverage buyouts, recapitalization, ownership transfers, and 'wealth diversification'. Parkway Capital was formed in 2000 and became a unit of Calvert Street in 2019.


Deal Context for Investor #
Overall 17 of 30
Sector: Automotive 1 of 1
Type: Growth Capital 3 of 9
State: Georgia 1 of 1
Country: United States 16 of 29
Year: 2021 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Phoenix Feeds & Nutrition

New Haven, Vermont, United States

Phoenix Feeds & Nutrition is a manufacturer of advanced dairy feed products and value-added nutrition services. Phoenix Feeds & Nutrition offers its feed products to farms and independent nutrition specialists throughout New England and New York. Phoenix Feeds & Nutrition is based in New Haven, Vermont.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 Pacific West

Salt Lake City, Utah, United States

Pacific West is an industrial and mechanical contracting firm that provides a wide range of services to clients including the construction of railroad locomotive fueling facilities, rail yard air brake networks, wastewater treatment facilities, above and below ground mechanical facilities and security fencing. Additional services include 24/7 emergency response assistance, environmental remediation work, trenchless pipe activity, vacuum truck resources and a variety of ongoing maintenance services. Pacific West was founded in 1988 and is based in Salt Lake City, Utah.

Buy -
Investor

Pine Street Capital Partners

Albany, New York, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2004
PE ASSETS 425M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Pine Street Capital Partners provides mezzanine capital to small and medium-sized private and public companies. PSCP will consider investments from $3 to $15 million in companies generating at least $10 million of sales. Target sectors include manufacturing, business services, consumer products, healthcare and media. PSCP prefers investments in the Northeast and Mid-Atlantic regions of the US, but will consider opportunities nationwide. Investment funds are typically used to support strategic acquisitions, growth, management and employee buyouts, and leveraged recapitalization. PSCP will not invest in the real estate, biotech and oil & gas industries. Pine Street Capital Partners was formed in 2004 and is based in Albany, New York.


Deal Context for Investor #
Overall 40 of 49
Sector: Automotive 3 of 4
Type: Growth Capital 12 of 18
State: Georgia 1 of 1
Country: United States 40 of 49
Year: 2021 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 First Impression Ironworks

Gilbert, Arizona, United States

First Impression Ironworks is a manufacturer and installer of custom ornamental ironwork serving the residential repair and remodels market. The Company boasts an expansive product line of decorative security doors, iron entry doors, gates, staircases, rails, and other iron products, all completely customizable by its metal artisans. First Impression Ironworks was founded in 1995 and is based in Gilbert, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-01 Lumina

Phoenix, Arizona, United States

Lumina is a network of patient-centric optometric practices. Lumina was founded in 2020 and is based in Phoenix, Arizona.

Buy -