Brookside Capital Partners (“Brookside”) is pleased to announce its investment in C. Cowles & Company (“Cowles” or the “Company”). Founded in 1838 and headquartered in North Haven, Connecticut, Cowles (www.ccowles.com) designs and manufactures mission-critical burners, controls, and related components for residential and commercial boiler systems.
Brookside provided senior debt and an equity co-investment to support the acquisition of Cowles by Bluezone Investment Partners (“Bluezone”), a Boston-based control private equity firm specializing in lower middle-market companies generating between $3 to $15 million of EBITDA.
“Cowles has built an outstanding reputation and its long-standing customer relationships, engineering expertise and commitment to quality have established a durable market position,” said Nicholas Ganias, Partner at Brookside Capital Partners. “We are excited to partner with Bluezone to support the Company’s continued growth, expand its capabilities and build upon its legacy of delivering mission-critical solutions to its customers.”
About Brookside Capital Partners
Brookside has invested $1.5 billion since its founding in 2001. We are a leading provider of flexible capital solutions to lower middle-market companies, typically in the form of subordinated debt, unitranche loans and minority equity co-investments. Brookside generally invests $5 million to $30 million per transaction and has the resources to complete larger transactions, as well, by partnering with limited partners and associates. As a firm, we believe in partnership, collaboration, and achieving results together. We value the relationships with our sponsor and management partners and seek to find credit solutions that work for each unique situation. We deliver on our promises.
Please contact us or visit brooksidecp.com or our LinkedIn profile for additional information. We welcome investment proposals and promise a prompt and confidential response.