Farragut Invests in GTA Containers, LLC

WASHINGTON, D.C. – Farragut Capital Partners (“Farragut”) is pleased to announce an investment in GTA Containers, LLC (“GTA” or the “Company”).  The transaction was led by Hemingway Capital, who partnered with the senior management team to lead a recapitalization of the Company. Farragut and Parkway Capital each invested subordinated debt and equity in support of the transaction.

Founded in 1988 and headquartered in South Bend, IN, GTA is a manufacturer of flexible containers and secondary containment systems, tactical fuel and water systems, and vehicle covers, liners and doors for military and commercial applications.  The Company specializes in temporary storage and distribution of fuel and water to support U.S. military forces and platforms.  In partnering with the management team, Hemingway Capital, and Parkway Capital Partners, Farragut is excited to support the Company’s growth initiatives.

“We look forward to continuing GTA’s longstanding commitment of quality and service to its customers, notably the U.S. Armed Forces, while supporting management’s efforts to design new systems and products for both military and commercial uses,” said Chris Nizolek, Partner at Hemingway Capital.

“GTA is an exceptional company that supports the interests of the United States both here and abroad.  We look forward to working with Hemingway Capital, Parkway Capital, and Management as GTA expands its products and capabilities”, said Phil McNeill, Managing Partner at Farragut Capital Partners.

For more information on GTA Containers, please visit www.gtacontainers.com.