Brookside Capital Partners is pleased to announce its investment in TopDown, Inc. (“TopDown”). Founded in 1979 and headquartered in North Hollywood, CA, TopDown is an industry leading designer, manufacturer, and supplier of branded automotive aftermarket products. The company’s portfolio of brands collectively offers a variety of niche automotive soft good products, including convertible and Jeep tops, seat covers, headliners, carpet and door panels covering a broad range of vehicle makes, models, and production years.
Brookside Capital Partners provided subordinated debt and an equity co-investment to facilitate the majority recapitalization of TopDown by Valesco Industries, LLC. Additional investors in the transaction were Patriot Capital and Tecum Capital. Enterprise Bank & Trust provided senior debt financing.
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.