Investment Summary

Parkway Capital Invests In Phoenix Feeds & Nutrition

On September 8, 2021, mezzanine finance firm Parkway Capital invested in agriculture company Phoenix Feeds & Nutrition

Investment Highlights
  • This is Parkway Capital’s 1st transaction in the Agriculture sector.
  • This is Parkway Capital’s 15th transaction in the United States.
  • This is Parkway Capital’s 2nd transaction in Vermont.

Investment Summary

Date 2021-09-08
Target Phoenix Feeds & Nutrition
Sector Agriculture
Investor(s) Parkway Capital
Deal Type Growth Capital

Target

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.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

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 STATS #
Overall 16 of 30
Sector: Agriculture M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 9
State: Vermont M&A 2 of 2
Country: United States M&A 15 of 29
Year: 2021 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 Pools on the Gulf

Mobile, Alabama, United States

Pools on the Gulf designs, installs, and services in-ground swimming pools in several markets along the gulf coast of Alabama and the Florida Panhandle. Pools on the Gulf is the largest franchisee within the Blue Haven Pools franchisor network. Pools on the Gulf was founded in 2000 and is based in Mobile, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 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.

Buy -