Portfolio Companies

Global Power Products

  • Current

  • Manufacturing

  • December 2021

  • Lawrenceville, GA

  • MTN Capital Partners and Argosy Private Equity acquired AM-GPP Holdings, LLC d/b/a Global Power Products in partnership with its Founders. Founded in 1995, GPP has developed a unique line of products in the utility grade electrical transfer switch, electric meter and electric safety markets. The Company’s switches allow for an effortless installation as compared to conventional switches. The Company’s unique, meter-mounted approach to its transfer switches has positioned it on a high-growth trajectory. In addition to transfer switches, the Company also manufactures electrical submeters, surge suppressors, and current transformers for commercial, industrial, and residential markets.

Rita’s Franchise Company

  • Realized

  • Franchisor

  • December 2016

  • Trevose, PA

  • MTN Capital Partners and Argosy Private Equity acquired a controlling equity stake in Rita’s Italian Ice. Founded in 1984 by Bob Tumolo, a former Philadelphia fire fighter, Rita’s is a nationally recognized brand of frozen treat stores. Since its founding, the Company has grown substantially and now features a franchise system of over 600 units in the U.S. and internationally. Rita’s provides its franchisees with proprietary products and recipes, research and development support, real estate services, a dedicated advertising fund, and various other operations and administrative support services.

JSI Store Fixtures

  • Realized

  • Supermarket Fixtures and Equipment

  • December 2012

  • Milo, Maine

  • MTN Capital Partners and RFE Investment Partners acquired JSI Store Fixtures along with management. JSI Store Fixtures is a market-leading designer and manufacturer of high-quality merchandising displays and refrigeration units for the supermarket industry. The company has won numerous customer awards for providing customized solutions for its clients.

Revolution Dancewear

  • Realized

  • Dancewear

  • June 2010

  • Niles, IL

  • MTN Capital Partners and PNC Equity Partners acquired Revolution Dancewear along management and two other equity investors. Revolution Dancewear is a leading designer and marketer of specialty dancewear and footwear as well as dance recital costumes. Revolution sells its products directly through dance schools throughout the United States. Founded in 1996, the Company offers a full product line of footwear, bodywear and recital costumes to serve the needs of dancers across several dance style categories including tap, jazz, ballet, and hip hop.

Joliet Equipment

  • Realized

  • Traction Motors

  • December 2008

  • Joliet, IL

  • MTN Capital Partners and Argosy Partners acquired Joliet Equipment. Joliet Equipment is a leading supplier of new and remanufactured AC and DC traction motors for the oil and gas drilling and exploration industries and other high power, large motor industrial applications. The Company also provides industrial motor repair services. Over its 75-year history, Joliet Equipment has built one of the most recognizable trade names in the motor industry, both domestically and internationally.

The Orthotic Group

  • Realized

  • Orthotics

  • October 2008

  • Toronto, Canada

  • MTN Capital Partners and PNC Equity Partners acquired The Orthotic Group with management. The Orthotic Group is the largest Canadian manufacturer and distributor of custom prescription orthotics, and orthotic footwear.

Langer Biomechanics

  • Realized

  • Orthotics

  • October 2008

  • Deer Park, NY

  • MTN Capital Partners and PNC Equity acquired the orthotics business of Langer Biomechanics one month after the acquisition of The Orthotics Group. Langer Biomechanics is the third largest orthotics manufacturer in the United States. The two companies were merged creating the second largest orthotics company in North America.

Arizona AFO

  • Realized

  • Orthotics

  • September 2011

  • Mesa, AZ

  • MTN Capital Partners and PNC Equity acquired Arizona AFO as an add-on acquisition to The Orthotics Group. Arizona AFO sells a variety of ankle foot orthotics products to more than 1,000 orthotists and prosthetists practitioners in North America.

Kings Supermarkets

  • Realized

  • Supermarkets

  • April 2006

  • Parsippany, NJ

  • MTN Capital Partners and Angelo Gordon acquired Kings Supermarket along with management. Kings Supermarkets is a high-end grocery store chain with 24 stores located in Northern New Jersey and Long Island, New York. Kings was a subsidiary of Marks & Spencer PLC. The Investor Group was able to execute a sale/leaseback transaction on the owned real estate which funded over two-thirds of the purchase price.

Balducci’s

  • Realized

  • Specialty Food Stores

  • April 2009

  • Germantown, MD

  • MTN Capital Partners and Angelo Gordon acquired Balducci's as an add-on to Kings Supermarkets. Balducci's is a small-box gourmet and specialty food retailer with two formats: A traditional grocery store format branded Balducci's, and an urban food-to-go format branded Balducci's Gourmet to Go.

Sound Lounge

  • Realized

  • Media Services

  • October 2005

  • New York, NY

  • MTN Capital Partners, BIA Digital Partners LP, GMB Mezzanine Capital LP, and Argosy Partners acquired Sound Lounge with management. Sound Lounge, is a leading audio post-production company in the United States providing sound mixing services for television and radio commercials, documentaries, tv shows and feature films.