MTN Capital Partners
Portfolio Companies of MTN
Rita's Italian Ice

In 2016, Argosy Private Equity and MTN Capital acquired a controlling equity stake in Rita’s Italian Ice. Ranked #33 overall in Nation's Restaurant News "Consumer Picks 2016" in the Limited-Service category, Rita's Franchise Company is the largest Italian Ice concept in the world with more than 600 stores in the U.S. The company is aggressively expanding internationally with operating locations in the Philippines, Canada and the Middle East.
www.ritasice.com

JSI Store Fixtures Logo

In 2012, RFE Investment Partners and MTN co-sponsored with management the acquisition of JSI Store Fixtures. JSI Store Fixtures is a market-leading designer and manufacturer of high-quality merchandising displays for the supermarket industry. The company has won numerous awards for providing customized solutions for its clients.
www.jsistorefixtures.com

Revolutiondance Logo

Revolution Dancewear (“Revolution”) is a leading designer and marketer of specialty dancewear and footwear as well as dance recital costumes. Revolution sells its products directly through dance schools throughout the United States. Founded in 1996, the Company offers a full product line of footwear, bodywear and recital costumes to serve the needs of dancers across several dance style categories including tap, jazz, ballet, and hip hop. MTN Capital Partners co-invested in the deal with PNC Equity Partners, management and two other equity investors.
www.revolutiondance.com

Joliet Logo

Joliet Equipment Corporation (“Joliet”) is a leading supplier of new and remanufactured AC and DC traction motors for the oil and gas drilling and exploration industries and other high power, large motor industrial applications. The Company also provides industrial motor repair services. Over its 75 year history, Joliet has built one of the most recognizable trade names in the motor industry, both domestically and internationally. Argosy Partners was the lead investor.
www.joliet-equipment.com

Sound Lounge Logo

Sound Lounge is a leading audio post-production company in the United States providing sound mixing services for television and radio commercials, and feature films. MTN was a co-sponsor in the deal alongside Argosy Partners, BIA Digital Partners LP, GMB Mezzanine Capital, LP, and the management.
www.soundlounge.com

Former Portfolio Companies of MTN
Arizona AFO Logo

Arizona AFO is a 2011 add-on acquisition to The Orthotics Group. Arizona AFO sells a variety of ankle foot orthotics products to more than 1,000 orthotists and prosthetists practitioners in North America.
www.arizonaafo.com

Balducci's Logo

Balducci's is a 2009 add-on to Kings Supermarkets. Balducci's is a small-box gourmet and specialty food retailer with two formats: A traditional grocery store format branded Balducci's, and an urban food-to-go format branded Balducci's Gourmet to Go. It has eight locations in New York, Connecticut, Maryland, and Virginia.
www.balduccis.com

Kings Logo

Kings Supermarkets is a high-end grocery store chain with 24 stores located in Northern New Jersey and Long Island, New York. Kings was a subsidiary of Marks & Spencer PLC. The Investor Group was able to execute a sale/leaseback transaction on the owned real estate which funded over two-thirds of the purchase price. MTN was a co-sponsor in the deal alongside Angelo, Gordon & Co, and management.
www.kingswebsite.com

Langer Logo

One month after the acquisition of TOG, the same investment group acquired the orthotics business of Langer, Inc. (“Langer”). Langer is the third largest orthotics manufacturer in the United States. The two companies were merged creating the second largest orthotics company in North America.
www.langerinc.com

The Orthotic

Headquartered in Markham, Ontario, The Orthotic Group ("TOG") is the largest Canadian manufacturer and distributor of custom prescription orthotics, and orthotic footwear. MTN Capital Partners co-invested in the deal with PNC Equity Partners and management.
www.theorthoticgroup.com

Transactions

Power Tools Company

MTN identified a power tools company with revenues of over $30 million offered for sale in a limited auction. MTN professionals did due diligence together with their industry expert and selected a capital partner who acquired the company.
www.powertoolco.com


Lexington Precision Corporation (“Lexington”) is one of the premier suppliers of molded rubber components in the world. Lexington has achieved dominant positions within its served markets by delivering advanced product solutions and leveraging its proprietary capabilities in product development, mold making, materials development, manufacturing and testing. Its two primary product lines are (i) insulators for automotive ignition systems; and (ii) molded rubber components for medical devices. These products are sold to a number of blue- chip companies serving the automotive aftermarket, medical, automotive original equipment (“OEM”), and general industrial markets.

Lexington emerged from bankruptcy on July 30, 2010. Aurora Resurgence exchanged an investment in Lexington's subordinated debt, acquired at a discount during the bankruptcy, for a controlling equity stake in the company. Management is also an investor. MTN Capital Partners initiated this transaction.
www.lexingtonprecision.com

Capital Contractors

Capital Contractors, Inc. (“Capital Contractors”), founded in 1963, is one of the nation’s largest independent janitorial services companies.  A leader in the outsourced facilities maintenance industry, Capital Contractors provides cleaning and certain other facilities maintenance services to approximately 4,500 customers in all 50 states, Canada, and Puerto Rico through a network of approximately 1,600 independent contractors.  Capital Contractors services approximately 7,000 locations per day.  Palladium Equity Partners, LLC is the lead capital provider along with management.  MTN Capital Partners initiated this transaction.
www.capcleaning.com

Home Decor Logo

Home Décor Innovations is a leading supplier of mirrored closet doors, closet organization and wall décor products in North America and Europe. The Company provides functional and fashionable products to various channels including home improvement, mass retail, professional builders and the European retail furniture channel. Home Décor Innovations was a division of The Stanley Works. Wellspring Capital Management was the lead investor.
www.aurahomedesign.com

Portfolio Companies before MTN
Access Line Technologies, Inc  

Provider of personal telecommunication services

Alabama Pine & Pulp Company  

Producer of Southern bleached softwood kraft pulp

Citi Trends  

Specialty retailer of discount fashion apparel (f/k/a Allied Fashion, Inc.)

Cost Plus, Inc.  

Specialty retailer of home furnishings and gourmet foods

e.spire Communications, Inc.  

Competitive local exchange carrier ("CLEC")

Envirodyne Industries, Inc.  

Manufacturer of food packaging

James Cable Partners, L.P.  

Cable television multiple system operator

Kasper By A.S.L., Ltd.  

Manufacturer and marketer of women's suits and sportswear

Larizza Industries, Inc.  

Manufacturer of plastic automotive components

Marks Bros. Jewelers, Inc.  

Retail jewelry chain

Phar-Mor, Inc.  

Deep discount drug store chain

The Leslie Fay Company  

Manufacturer and marketer of dresses and women's sportswear

TransCare Corporation  

Ambulance and ambulette provider

Note: These transactions were completed by the partners at prior firms and include both private equity and distressed debt investments.