Curated News
By: NewsRamp Editorial Staff
June 19, 2025
Parkway Capital Invests in Precision Piping Products for Industrial Innovation
TLDR
- Parkway Capital's investment in Precision Piping Products offers a strategic advantage by backing a company with patented adhesive technology in the flange protection market.
- Parkway Capital and Pine Street Capital Partners invested in subordinated debt and equity for P3, a company with proprietary adhesive solutions for flange protectors.
- This investment supports P3's innovative flange protection solutions, contributing to safer and more efficient construction and transportation industries globally.
- Discover how P3's unique adhesive process revolutionizes flange protection, setting new standards in the industry with its patented technology.
Impact - Why it Matters
This investment signifies a vote of confidence in Precision Piping Products' innovative flange protection solutions, highlighting the importance of specialized manufacturing in the industrial sector. For readers, it underscores the dynamic nature of investment in niche markets and the potential for such investments to drive innovation and growth in industries critical to infrastructure and construction.
Summary
Parkway Capital, a mezzanine unit of Calvert Street Investment Partners, has made a strategic investment in Precision Piping Products (P3), a Houston-based manufacturer of flange protectors. This investment, facilitated by Tico Capital Partners and 7 Seas Capital, alongside Parkway and Pine Street Capital Partners, marks a significant recapitalization for P3. Known for its patented adhesive process and proprietary solutions, P3 stands out in the flange protection industry. Parkway Capital specializes in mezzanine debt and minority equity investments, with a portfolio that spans various sectors, demonstrating its commitment to fostering growth in lower-middle market companies.
Calvert Street Investment Partners, with its dual focus on mezzanine financing through Parkway Capital and private equity via Crescentia Capital, has a robust track record of over $1.1 billion in investments across more than 145 middle-market companies. This investment in P3 underscores the firm's strategy to support innovative companies with unique market positions. The collaboration highlights the potential for growth and innovation in the industrial sector, particularly in specialized manufacturing and distribution.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Parkway Capital Invests in Precision Piping Products for Industrial Innovation
