Brookside Capital Partners is pleased to announce a successful exit from T-H Marine Supplies, LLC (“T-H Marine”). Founded in 1975 and headquartered in Huntsville, AL, T-H Marine is a vertically integrated innovator and provider of recreational boat parts and marine accessories to original equipment manufacturers and the boat aftermarket. It provides parts to virtually every recreational boat platform produced in the United States, including bass boats, offshore fishing boats, pontoon boats, ski boats and runabouts.
In April 2019, Brookside Capital Partners provided subordinated debt and an equity co-investment to facilitate the acquisition of T-H Marine by Valesco Industries, LLC, a private equity firm headquartered in Dallas, TX.
“Brookside Capital Partners comes to the table with creative and flexible financing solutions and acts as a true partner, so we were pleased to have had their support to help fuel the growth of T-H Marine over this investment period,” said Jack Sadden, Partner of Valesco Industries.
“We are delighted to have had the opportunity, once again, to work with Valesco Industries and the management team of T-H Marine,” said Corey Sclar, Managing Partner of Brookside Capital Partners. “This investment was an attractive outcome for our limited partners, and we wish the team of T-H Marine continued success.“
About Brookside Capital Partners
Founded in 2001, Brookside Capital Partners has invested over $1 billion across four funds. The Firm is a leading provider of debt and minority equity to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions, providing flexible capital solutions to support buyouts, leveraged recapitalizations, strategic acquisitions and growth capital.
Please contact us or visit our website at brooksidecp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.