Farragut Invests in Douglas-Guardian Services Corporation

WASHINGTON, D.C. – Farragut Capital Partners, Inc. is pleased to announce the closing of an investment in Douglas-Guardian Services Corporation (“Douglas-Guardian”).  Farragut invested unitranche debt to support the acquisition of Douglas-Guardian by RCap Investors, LLC (“RCap”), a Wayne, Pennsylvania-based independent sponsor making control and minority investments in lower middle market companies.

Founded in 1870 and based in Houston, Texas, Douglas-Guardian is a provider of risk mitigation solutions to asset-based lenders.  The Company’s solutions include monitoring, inspecting, and managing loan collateral such as automobiles, manufactured homes, recreational vehicles, agricultural equipment, and other durables.  Douglas-Guardian serves global, national, and regional banks and independent financing providers as well as leading manufacturers and their captive finance companies.  Douglas-Guardian administers loan collateral in every U.S. state and many of the Canadian provinces.

“We are pleased to partner with Douglas-Guardian CEO Bruce Lurie, his executive management group, and Farragut Capital Partners,” said Randall Kutch, General Partner of RCap.  “Douglas-Guardian is a deeply entrenched player in the collateral management space and has some of the most enduring customer relationships in the industry and we are excited about the growth prospects that lie ahead.”

Javier Aguirre of Farragut added, “Douglas-Guardian has a long operating history and a strong presence in the collateral inspection industry. Our team is excited to have the opportunity to partner with Bruce and the RCap team on this investment.”