Stellus Capital Management Supports Palm Peak's Acquisition of Pacific Shoring Products
On February 4, 2025, Stellus Capital Management, LLC announced its collaboration with Palm Peak Capital in the acquisition of Pacific Shoring Products, LLC, a distinguished manufacturer of trench safety equipment. This strategic partnership involves the provision of senior debt financing along with an equity co-investment to bolster the acquisition process.
Founded in 2005 and headquartered in Santa Rosa, California, Pacific Shoring has positioned itself as a leader within its niche, driven by regulatory demands for trench safety. Their innovative products are crucial for contractors, ensuring workforce safety during various infrastructure projects, including the installation of utility lines ranging from water to telecommunications and gas. Currently, Pacific Shoring's offerings are accessible via around 280 dealer locations across North America, Australia, and Europe, serving high-quality equipment rental companies.
Dante Pavone, Vice President at Palm Peak, reflected on the long-standing industry presence of Pacific Shoring, stating, "After two decades of proven performance, they are set to achieve even greater milestones in the future." He praised the collaboration with Stellus, noting their in-depth understanding of the business landscape and the strategic foresight essential for tapping into future capital needs and growth plans.
Stellus' Managing Director, Adam Pollock, expressed gratitude for the trust that Palm Peak has shown in them to finance this pivotal investment. Pollock underscored Pacific Shoring's advantageous positioning in a landscape marked by favorable regulatory trends focusing on worker safety and the burgeoning infrastructure project market worldwide.
The partnership aims not only to facilitate a successful transition of ownership but also to support Pacific Shoring's next phase of growth by leveraging extensive industry expertise. The transaction aligns with a growing trend, as regulations around safety in construction and infrastructure projects continue to intensify globally.
This investment by Stellus Capital underscores a commitment to enhancing safety standards in the industry while also representing a significant step for Palm Peak as it navigates the acquisition landscape. With a strong foundation and a promising future, Pacific Shoring is well-prepared to capitalize on upcoming opportunities, ensuring both worker safety and community welfare in an ever-evolving regulatory environment.
In conclusion, the combined forces of Stellus Capital Management and Palm Peak Capital mark a pivotal moment for Pacific Shoring Products. The collaboration is set to not only foster immediate growth but also shape the company's trajectory in ensuring safety in trench work, ultimately benefiting contractors and communities alike.
Founded in 2005 and headquartered in Santa Rosa, California, Pacific Shoring has positioned itself as a leader within its niche, driven by regulatory demands for trench safety. Their innovative products are crucial for contractors, ensuring workforce safety during various infrastructure projects, including the installation of utility lines ranging from water to telecommunications and gas. Currently, Pacific Shoring's offerings are accessible via around 280 dealer locations across North America, Australia, and Europe, serving high-quality equipment rental companies.
Dante Pavone, Vice President at Palm Peak, reflected on the long-standing industry presence of Pacific Shoring, stating, "After two decades of proven performance, they are set to achieve even greater milestones in the future." He praised the collaboration with Stellus, noting their in-depth understanding of the business landscape and the strategic foresight essential for tapping into future capital needs and growth plans.
Stellus' Managing Director, Adam Pollock, expressed gratitude for the trust that Palm Peak has shown in them to finance this pivotal investment. Pollock underscored Pacific Shoring's advantageous positioning in a landscape marked by favorable regulatory trends focusing on worker safety and the burgeoning infrastructure project market worldwide.
The partnership aims not only to facilitate a successful transition of ownership but also to support Pacific Shoring's next phase of growth by leveraging extensive industry expertise. The transaction aligns with a growing trend, as regulations around safety in construction and infrastructure projects continue to intensify globally.
This investment by Stellus Capital underscores a commitment to enhancing safety standards in the industry while also representing a significant step for Palm Peak as it navigates the acquisition landscape. With a strong foundation and a promising future, Pacific Shoring is well-prepared to capitalize on upcoming opportunities, ensuring both worker safety and community welfare in an ever-evolving regulatory environment.
In conclusion, the combined forces of Stellus Capital Management and Palm Peak Capital mark a pivotal moment for Pacific Shoring Products. The collaboration is set to not only foster immediate growth but also shape the company's trajectory in ensuring safety in trench work, ultimately benefiting contractors and communities alike.
Topics Financial Services & Investing）
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