Farragut Invests in Crestcom International Holdings, LLC

WASHINGTON, DC. – Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce the closing of an investment in Crestcom International Holdings, LLC (“Crestcom” or “the Company”).  Farragut invested subordinated debt and preferred equity to refinance existing debt and support growth initiatives at the Company.  The Crestcom transaction marks the second investment of the firm’s latest investment vehicle.

Headquartered in Denver, Colorado, Crestcom is a leading provider of management training and leadership development services which it conducts through a network of approximately 200 franchise outlets located in over 60 countries around the world.  The Company was founded over 30 years ago and is owned by Progress Equity Partners, a lower middle market private equity firm with offices in Denver and Dallas.  Crestcom’s training is a blend of live classroom seminars and video-based instruction supplemented by a growing collection of online curriculum and tools.  The Company’s training is geared toward executives at small-to-midsize companies across industries.  Crestcom’s franchise outlets are located in such diverse places as Germany, Canada, the U.S., Saudi Arabia, Vietnam, and India. 

Alan Cuthbertson of Farragut said of the transaction, “We’re excited to partner with Progress Equity in this transaction.  Crestcom has been a leader in the management training industry for decades and has built a sprawling network of franchises across the globe.  With Progress Equity’s support and guidance, the Company has improved its core offering and laid the groundwork for meaningful growth over the coming years.”

Steve Sangalis of Progress Equity Partners added, “Partnering with Farragut provides us a tremendous opportunity to continue Crestcom’s growth.  They have been true professionals to work with during the investment process and we are thrilled to be aligned with the team at Farragut.”

Farragut Expands Team & Announces New Investment

Farragut Expands Team & Announces New Investment

WASHINGTON, D.C. - Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce two exciting milestones: the addition of Connor Davis to its investment team and the closing of an investment in Phelps Industries, LLC. Connor joined Farragut in January as an Associate and will support investment activity of Farragut's second fund, Farragut SBIC Fund II, LP. Phelps marks the first investment of the new fund. 

Farragut Invests in Ted's Bulletin Holdings, LLC

Farragut Invests in Ted's Bulletin Holdings, LLC

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Ted’s Bulletin Holdings, LLC.  Farragut invested subordinated debt and preferred equity in support of the acquisition of the Ted’s Bulletin group of restaurants from Matchbox Food Group.  The acquisition was led by Steve Salis, CEO of Salis Holdings and a successful entrepreneur known for building brands across a range of hospitality, leisure, real estate and retail businesses, and private equity firm JPB Capital Partners, a leader in retail and consumer-focused lower middle market buyouts.