New Orleans (January 21, 2014) - LongueVue Capital (“LVC”), a New Orleans-based private equity firm, announced today it has invested both equity and mezzanine capital in Premier Store Fixtures (“Premier”), a leading provider of customized interior fixtures for the retail industry.
Founded in 2000 by the current senior management team, Premier supplies fixtures for the opening, refreshing, and remodeling of retail stores. The company’s design, engineering, manufacturing, and logistics capabilities are critical for retailers to maintain attractive store footprints and to support the constant roll-out of new products. Premier is headquartered in Hauppauge, NY, with operations facilities in Richmond, VA and satellite offices and warehouses across the country.
LVC partnered with Connecticut-based Ironwood Capital and the current management team to facilitate the transaction. “Premier’s strong growth over the past several years is a testament to the company’s unwavering commitment to customer service and high quality products,” said Rick Rees, Co-founder and Managing Partner of LongueVue Capital. “We are thrilled to partner with Premier’s outstanding management team as the company enters its next stage of growth.”
Nelson Goodman, Co-Founder and Senior Executive Vice President at Premier, commented, “We look forward to working with our new partners to build upon our past success and take Premier to the next level.” Goodman continued, “Both LongueVue Capital and Ironwood Capital have strong track records of successfully partnering with companies such as Premier, and their experience and resources will be instrumental as we grow the business.”
About LongueVue Capital:
Founded in 2001, LongueVue Capital is a New Orleans-based private equity firm that focuses on providing human capital, financial capital, and a skill set built upon a successful 18-year track record of partnering with entrepreneurs and management teams to drive value creation in middle market companies. Having managed over $500 million of capital spanning three funds coupled with 150 years of combined operating and investing experience, our team is the ideal partner for middle market companies at inflection points and seeking to maximize value.
Our opportunistic investment strategy provides the flexibility to partner with attractive businesses across a variety of industries and situations, and we tailor transaction structures to meet the company and stakeholders’ objectives. While we are selective with our investment strategy, we target growth-oriented companies with scalable, sustainable business models and exceptional leadership teams.
Our proactive, hands-on approach enables us to be thoughtful stewards of our portfolio companies and trusted and dependable strategic partners to all stakeholders. Together with our entrepreneur and management team partners, we help create superior value for our portfolio companies and investors.
To learn more about LongueVue Capital, please visit our website at www.lvcpartners.com.
For inquiries, please contact email@example.com or call 504.293.3600.
LVC is headquartered in New Orleans and maintains an office in Park City, UT to help us provide national coverage for transaction sourcing and portfolio company support.
We would love to hear more about your business. To discuss an opportunity or share materials about your business, please contact Charles Cox or fill out the form.