Argosy Partners: Mezzanine, Mezzanine debt, Subordinated debt, Private equity, Mezzanine financing, Equity funding, Equity investment, Preferred Stock, Expansion capital, Expansion financing, Growth capital, Acquisition financing, Acquisition capital, Leveraged buyout, Management buyout, LBO, MBO, Mezz, Small business investment company, SBIC, Recapitalization, Sub debt, Growth financing, Later stage investor, Equity investor, Co-investor, Buyout financing, Debenture SBIC, Mezzanine investment, Lower middle market, Manufacturing, Business services, Pennsylvania, New Jersey, New York, Delaware, Mid Atlantic, Institutional investor

"Argosy's focus on manufacturing and business services gave them a head start in understanding our business. More than just a source of capital, Argosy has been a great business partner offering productive input and support to management."

Louis T. Pepper,
President,
Executive Air Support, Inc.

Tharpe http://www.tharpe.com
Supplier of full-choice recognition programs and products for service, retirement, sales and safety occasions for employees. Argosy purchased $1,500,000 of convertible preferred stock to facilitate a management-led buyout.

Ambath / Rebath http://www.ambath.com http://www.rebath.com
Manufacturer and installer of bathtub liners, wall surround units and vanity countertops in hotel bathrooms (direct) and residential bathrooms (through a franchisee network). Argosy invested $2,600,000 in a subordinated note and common units to facilitate a management-led buyout.

DelStar Technologies http://www.delstarinc.com
Manufacturer of specialty extruded apertured films, netting, and non-woven products for filtration, medical and industrial applications. Argosy invested $3,000,000 in a subordinated note, warrants, and convertible preferred stock to facilitate a management-led buyout.

Keystone Helicopter http://www.keystonehelicopter.com
Provider of a full range of helicopter services including air ambulance and flight department management, maintenance, refurbishment and aircraft completions. Argosy invested $2,500,000 in a subordinated note with warrants to finance growth.

Security Services of America http://www.teamssa.com
Provider of unarmed security guard, patrol and inspection services. Argosy invested $3,875,000 in subordinated notes, warrants and convertible preferred units to finance internal growth and acquisitions.

Aladdin Food Management http://www.aladdinfood.com
Regional provider of outsourced food, nutrition and dining management services primarily to higher education and private school markets. Argosy invested $2,500,000 in a subordinated note, warrants and convertible preferred stock to facilitate a management-led buyout.

Berger Holdings http://www.bergerbros.com
Manufacturer of roof drainage products and snow control systems used primarily in the home remodeling and renovation markets. Argosy invested $2,000,000 in a subordinated convertible note and common stock to finance growth.

Clearwater Holdings http://www.cwichem.com
Manufacturer of specialty chemicals and provider of services for exploration, production and transportation of oil and gas. Argosy invested $1,600,000 in a subordinated note with warrants to finance an acquisition.

Eldorado Stone http://www.eldoradostone.com
World's second largest manufacturer and franchiser of branded manufactured stone products and stone making molds for residential and commercial buildings. Argosy invested $2,000,000 in a subordinated note, warrants and member units to facilitate a management-led buyout.

Atlantic Aviation http://www.atlanticaviation.com
Franchiser and operator of fixed base operators ("FBOs") providing a full range of support services to the general aviation industry. Argosy invested $2,000,000 in a subordinated note, warrants and member units to finance growth and a change of ownership.

Great Clips http://www.greatclips.com
Franchiser of the nation's largest chain of walk-in hair cutting salons focusing on quality, convenient, low cost haircuts. Argosy invested $1,500,000 in convertible preferred stock, warrants and common stock to facilitate a recapitalization.

Hi-Temp Specialty Metals http://www.hi-tempmetals.com
Recycler and toll converter of high temperature refractory metals, namely tantalum, molybdenum, and tungsten. Argosy invested $1,950,000 in a subordinated note with warrants to finance a change of ownership.