Curated News
By: NewsRamp Editorial Staff
June 19, 2025
Parkway Capital Invests in Precision Piping Products
TLDR
- Parkway Capital's investment in Precision Piping Products offers a strategic advantage in the niche market of flange protection, leveraging patented adhesive technology for industry leadership.
- Parkway Capital and partners structured a recapitalization of Precision Piping Products through subordinated debt and equity, targeting companies with $10M revenue and $2M EBITDA.
- Investing in Precision Piping Products supports innovation in protecting infrastructure, contributing to safer and more efficient construction and transportation industries worldwide.
- Precision Piping Products stands out with its patented adhesive process for flange protectors, a game-changer in pipeline preservation during transit and construction.
Impact - Why it Matters
This investment highlights the growing interest and confidence in innovative manufacturing solutions within the industrial sector. For readers, it signifies the potential for advancements in piping protection technologies, which are crucial for infrastructure and construction projects. The involvement of established financial players like Parkway Capital and Calvert Street Investment Partners also reflects the vitality of the lower-middle market as a source of innovation and economic growth.
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, co-led by Tico Capital Partners and 7 Seas Capital, alongside Parkway and Pine Street Capital Partners, marks a significant recapitalization of 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, showcasing its commitment to fostering growth in lower-middle market companies.
Calvert Street Investment Partners, with its two units including Parkway Capital and 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 potential seen in innovative manufacturing solutions and the broader industrial sector. The collaboration between these financial powerhouses and P3's management team is poised to drive the company's expansion and innovation in the piping products market.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Parkway Capital Invests in Precision Piping Products
