December 14, 2023, Greenville/Charleston, SC. Route 2 Capital Partners (“R2CP”) is pleased to announce its recent subordinated debt and equity investment to support the acquisition of a premier manufacturer of live event special effects (the “Company”) by Emko Capital (“Emko”). This is the second platform investment R2CP has made alongside Emko.
The Company has a long and distinguished history of delivering high-quality special effects solutions to a diverse clientele, including Fortune 500 companies, major entertainment studios, theme parks and sports teams. The Company’s team of seasoned professionals is renowned for their creative, innovative, and cost effective special effects solutions for a wide range of events.
Scott Kester, Managing Partner of R2CP, commented, “R2CP is pleased to support Emko and the great team at the Company to continue its strong growth. The Company has built a solid reputation in the industry and there are tremendous opportunities to grow both organically and through add ons of adjacent services and products.”
Josh Kowitt, Managing Partner at Emko Capital, stated, “We are delighted about our investment. The company has earned a strong reputation for excellence and possesses a talented team we are excited to partner with. The live event industry has recovered nicely post-COVID, and we believe there are opportunities for strategic investments and growth. More so, we are excited to continue our multi-year and multi-investment partnership with R2CP. Scott, Jay and the R2CP team are fantastic partners.”
R2CP is a private investment firm providing flexible junior capital solutions to lower middle-market companies, primarily in the southern U.S. The firm’s partners possess over 100 years of combined investment, transactional and operational experience. R2CP seeks to invest in established companies with minimum annual revenues and EBITDA of $10 million and $2 million, respectively, that generate predictable and profitable cash flows. R2CP’s investment proceeds will be used to execute growth and expansion plans, support business recapitalizations and facilitate management buyouts. R2CP reviews opportunities in niche manufacturing, business services, consumer products and services, and specialty distribution. For more information, visit www.route2capital.com.
