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They were looking for financial discipline, integrity, deal savvy
— everything it takes to deliver superior results. They found
the whole package at Northstar Capital...
6.1.07 Sale of Convergent Resources, Inc. investment for $22,507,390.
Northstar Mezzanine Partners IV L.P. invested in Convergent Resources, Inc. on November 3, 2006. On June 1, 2007, the Fund received a complete payoff of over $22 million for its debt and warrants.
4.20.07 Northstar Mezzanine Partners III L.P. and Northstar Mezzanine Partners IV L.P. invest $16,000,000 in Security American Financial Enterprises, Inc.
Security American Financial Enterprises, Inc. (SAFE) is a provider of dental, vision and group life insurance to individuals and small to medium sized businesses. NMP III’s investment is $2,673,585 and NMP IV’s investment is $13,326,415 in Preferred Equity.
4.2.07 Northstar Mezzanine Partners IV L.P. invests $19,000,000 in Crownline Boats, Inc.
Crownline Boats, inc. is a manufacturer of sterndrive powerboats. Fund IV’s investment takes the form of a $15,000,000 Subordinated Note and $4,000,000 in Common Equity.
3.15.07 Northstar Mezzanine Partners IV L.P. invests $9,000,000 in Foam Rubber, Inc.
Foam Rubber, Inc. is a fabricator of polyurethane foam seats used in school buses, office furniture and other seating applications. NMP IV’s investment takes the form of an $8,000,000 Subordinated Note with Warrants and $1,000,000 in Preferred Equity.
3.1.07 Northstar Mezzanine Partners IV L.P. invests $10,600,000 in EMS Management and Consultants, Inc.
EMS Management and Consultants, Inc. is an emergency management services billing and reimbursement provider. Fund IV’s investment takes the form of a $600,000 drawn revolver, $9,250,000 Senior Subordinated Note and $750,000 in Common Equity.
1.2.07 Northstar Mezzanine Partners IV L.P. invests $8,300,000 in A&D Environmental Services, Inc.
A&D Environmental Services, Inc. is a provider of environmental services to industrial and commercial firms and environmental consultants. NMP IV’s investment takes the form of a $300,000 drawn revolver, $7,000,000 Senior Subordinated Note and $1,000,000 in Common Equity.
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