Investment Summary

Mosaic Capital Partners, Pine Street Capital Partners and Firefly Group Invest In EMT

On August 5, 2014, mezzanine finance firm Mosaic Capital Partners, mezzanine finance firm Pine Street Capital Partners and private equity firm Firefly Group invested in healthcare services company EMT

Investment Highlights
  • This is Mosaic Capital Partners’ 1st, Pine Street Capital Partners’ 3rd and Firefly Group’s 1st transaction in the Healthcare Services sector.
  • This is Mosaic Capital Partners’ 3rd, Pine Street Capital Partners’ 20th and Firefly Group’s 1st transaction in the United States.
  • This is Mosaic Capital Partners’ 1st, Pine Street Capital Partners’ 1st and Firefly Group’s 1st transaction in Missouri.

Investment Summary

Date 2014-08-05
Target EMT
Sector Healthcare Services
Investor(s) Mosaic Capital Partners
Pine Street Capital Partners
Firefly Group
Deal Type Growth Capital

Target

EMT

St. Louis, Missouri, United States
EMT is a provider of non-emergency medical and student transportation. EMT uses transportation to enable people with needs to live fuller, active lives. EMT offers ambulatory, para-lift, and stretcher transportation services to city, county, and federal agencies, hospitals, school districts, nursing homes, and other institutions with special-needs clientele. EMT was founded in 1996 and is based in St. Louis, Missouri.

Search 202,137 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Investor(S) 3

DESCRIPTION

Mosaic Capital Partner is a private investment firm focused on providing equity and mezzanine capital to lower middle-market companies with at least $10 million in revenue. The Firm has a special interest in companies with ESOPs and will consider businesses operating in a range of sectors including business services, chemicals, consumer products, environmental, food/beverages, healthcare services, distribution, machinery, and niche manufacturing. The Firm's geographic preference is businesses in the Southeast, Midwest, and Mid-Atlantic US. Mosaic Capital Partners was formed in 2011 and is headquartered in Charlotte, North Carolina.


DEAL STATS #
Overall 3 of 9
Sector (Healthcare Services) 1 of 1
Type (Growth Capital) 2 of 3
State (Missouri) 1 of 1
Country (United States) 3 of 9
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-31 Gautier Steel

Johnstown, Pennsylvania, United States

Gautier Steel is a producer of hot rolled carbon and alloy flats, sharp cornered squares, and special sections. Gautier Steel is based in Johnstown, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 ETAK Systems

Charlotte, North Carolina, United States

ETAK Systems is an outsourced service provider to wireless carriers for scheduled maintenance and installation activities for wireless communication infrastructures in six primary regions throughout the U.S. ETAK’s wireless communication infrastructure services include reserve battery power installation/replacement, power plant upgrades, and capacity-expanding radio installations for carriers. Specializing in services related to communication infrastructure, ETAK also offers site reviews, location analysis, engineering audits, battery testing, small cell, and distributed antenna system installation. ETAK Systems was founded in 1997 and is based in Charlotte, North Carolina.

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 (PSCP) 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 STATS #
Overall 20 of 41
Sector (Healthcare Services) 3 of 4
Type (Growth Capital) 8 of 12
State (Missouri) 1 of 1
Country (United States) 20 of 41
Year (2014) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Tristan Medical Care

Raynham, Massachusetts, United States

Tristan Medical Care provides primary care, urgent care, and other medical services from seven locations in southeastern Massachusetts. Tristan Medical Care was founded in 2001 and is based in Raynham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-09 Rite-Air

Bellmawr, New Jersey, United States

Rite-Air is a full-service HVAC/R contractor that specializes in commercial air conditioning, heating, and refrigeration services. Rite-Air Mechanical provides energy-efficient services for the installation, maintenance, and repair of a wide range of heating, cooling, ventilation, and refrigeration systems. Rite-Air was founded in 2008 and is based in Bellmawr, New Jersey.

Buy -
DESCRIPTION

The Firefly Group is an investment firm focused on investing in growth-oriented lower-middle market companies. The Firm looks to invest in companies with EBITDA greater than $1 million. Prospective transaction types include management buyouts and stake purchases. Sectors of interest include aerospace, building materials, business services, defense, distribution, manufacturing, and transportation. The Firefly Group is based in Carmel, Indiana.


DEAL STATS #
Overall 1 of 6
Sector (Healthcare Services) 1 of 1
Type (Growth Capital) 1 of 2
State (Missouri) 1 of 1
Country (United States) 1 of 6
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-06 Dealers Wholesale

Indianapolis, Indiana, United States

Dealers Wholesale is a manufacturer, distributor, and installer of specialty building materials. Dealers Wholesale provides value through the entirety of the construction process, working collaboratively as a partner with your development, construction and management teams. Dealers Wholesale was founded in 1963 and is based in Indianapolis, Indiana.

Buy -