Farragut Capital Partners Announces Investment in Source Technologies, Inc.

Farragut Capital Partners, LLC is pleased to announce the closing of an investment in Source Technologies, Inc.  Founded in 1986 and based in Charlotte, N.C., Source is the leading provider of specialized magnetic ink character recognition printers to the financial services industry.  In partnership with Lexmark, the Company offers a complete secure check-printing solution used in over 17,000 bank branches nationwide.  Source is a portfolio company of StoneCalibre, LLC, a California-based private investment firm specializing in the acquisition of lower middle-market companies. 

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Alan Cuthbertson
Farragut Capital Partners Announces Addition of New Member to Investment Team; Final Close of Fund III

Farragut Capital Partners, LLC, a mezzanine investment firm offering customized financing solutions to lower-middle market private companies, is pleased to announce the addition of Alan Cuthbertson as a Principal.  Alan was previously with MCG Capital Corporation and he brings nearly ten years of experience in private debt and equity investing in the lower middle market

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Alan Cuthbertson
Industrial Services Group Completes Acquisiton, Expands into Plastics with New Compositech Division

Farragut Capital Partners, LLC, a Chevy Chase-based mezzanine investment firm offering customized financing solutions to lower-middle market private companies, is pleased to announce that its portfolio company Industrial Services Group, Inc. has acquired K-Industries, Inc.  K-Industries, a pioneer in the field of fiberglass-reinforced plastics, will join ISG’s family of industrial services divisions under a new name: Compositech.

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Alan Cuthbertson