Patriot Capital Group is pleased to announce a new subordinated debt investment in EastPoint Sports, Ltd. LLC, made in support of Mason Wells' acquisition of the Company.
Based in Succasunna, New Jersey, EastPoint is a developer, importer, and marketer of indoor and outdoor recreational sporting goods. With an office in Shanghai, China and 3PL facilities in California and Ontario, Canada, the Company sells through retail and e-commerce channels. Owned and licensed brands include Go! Gater, Majik, Rec-Tek, Classic Sport, Narwhal, NHL, HEAD, and PENN. For more information, please visit the EastPoint website at www.eastpointsports.com.
About Patriot Capital
Patriot Capital is a leading provider of growth capital to small and medium-sized privately-held companies seeking to finance business expansion, acquisitions, management buyouts and balance sheet recapitalizations. Our senior deal professionals each have more than 20 years of corporate finance and operating experience, enabling us to provide the companies that we invest in with seasoned business judgement as well as strategic capital. Patriot Capital typically invests $5 to $20 million in the form of subordinated debt and equity and we can arrange larger transactions through relationships with our limited partners.
