Curated News
By: NewsRamp Editorial Staff
June 19, 2025
Parkway Capital Invests in Precision Piping Products, Bolstering Industrial Innovation
TLDR
- Parkway Capital's investment in Precision Piping Products offers a strategic advantage in the niche market of flange protection, leveraging P3's patented adhesive technology for industry leadership.
- Parkway Capital's mezzanine investment in P3 involves subordinated debt and equity, targeting companies with $10M annual revenue and $2M EBITDA, showcasing a structured approach to lower-middle market financing.
- This investment supports P3's innovative flange protectors, contributing to safer and more efficient construction and transportation industries, thereby enhancing infrastructure durability and environmental protection.
- Discover how P3's unique adhesive solution revolutionizes flange protection, a testament to innovation in manufacturing and distribution sectors.
Impact - Why it Matters
This investment highlights the growing importance of specialized industrial solutions like P3's patented flange protectors, which play a critical role in infrastructure and construction projects. For stakeholders, it signifies confidence in innovative manufacturing technologies and the potential for growth in the industrial sector. Readers should care as it reflects broader trends in investment towards companies that offer unique, patented solutions, indicating a healthy, evolving market for industrial innovations.
Summary
In a significant move within the industrial sector, Parkway Capital, the mezzanine arm of Calvert Street Investment Partners, has invested in Houston-based Precision Piping Products (P3), a leader in manufacturing and distributing flange protectors. The investment, whose amount remains undisclosed, was facilitated by Tico Capital Partners and 7 Seas Capital, alongside the company's senior management, marking a pivotal recapitalization effort. P3's innovative adhesive process, protected by patents, distinguishes its products in the flange protection market.
Parkway Capital, known for its mezzanine debt and minority equity investments ranging from $3 million to $12 million, targets companies with at least $10 million in annual revenue. This investment underscores Parkway's commitment to supporting lower-middle market companies across various sectors, including manufacturing and industrial services. Calvert Street Investment Partners, with over $1.1 billion invested across 145 middle-market companies, continues to expand its portfolio through strategic investments like this one in P3.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Parkway Capital Invests in Precision Piping Products, Bolstering Industrial Innovation
