Mosaic Capital Partners Invests In St. Louis-Based EMT
CHARLOTTE, N.C., Aug. 6, 2014 /PRNewswire/ -- Charlotte-based Mosaic Capital Partners, LLC ("Mosaic") is pleased to announce its subordinated debt and equity investment in Express Medical Transporters in St. Louis, MO ("EMT" or "The Company"). Pine Street Capital Partners served as co-investors in the transaction.
"This has been an extremely exciting year for our fund so far," said Dabney Smith, one of the managing partners at Mosaic. "Coming off the heels of receiving our SBIC license, we are so pleased to complete our second investment. Our colleagues at Butcher Joseph Hayes first introduced us to EMT."
Keith Butcher, one of the founding partners of both Butcher Joseph Hayes and Mosaic Capital Partners, will soon take a seat on EMT's Board of Directors. Butcher expressed, "EMT has tremendous potential. When you consider their history of success along with the growth opportunities they've already identified, it's quite exciting to have a role in The Company's development moving forward."
The team at Mosaic Capital Partners has more than 100 years of combined experience in corporate finance and investment management. All five managing partners have successfully founded and operated their own firms, generating exceptional investment performance records.
ABOUT MOSAIC CAPITAL PARTNERS, LLC
Based in Charlotte, NC, Mosaic Capital Partners, LLC ("Mosaic") is a private investment firm providing mezzanine debt and equity to privately held lower middle market companies. Mosaic employs traditional private equity buyout strategies along with the partners' unique expertise in Employee Stock Ownership Plans (ESOPs) to help business owners achieve their liquidity, wealth transfer and ownership transition goals. Mosaic's strategy is to partner with quality management teams at sound companies in stable industries to help drive value growth.
ABOUT EXPRESS MEDICAL TRANSPORTERS
With 10 locations in seven states, Express Medical Transporters ("EMT") is a nationally recognized provider of non-emergency medical and student transportation. Founder Bernie Squitieri started EMT with the goal of using transportation to enable people with special needs to live fuller, more active lives. EMT offers ambulatory, para-lift, and stretcher transportation services to city, county, and federal agencies, hospitals, school districts, nursing homes, and other institutions with special-needs clientele.
ABOUT BUTCHER JOSEPH HAYES, LLC
Butcher Joseph Hayes is an investment bank headquartered in St Louis, MO with coverage in Chicago, Washington DC, and Charlotte, NC. BJH provides investment banking advisory services to lower middle market companies. With more than $2 billion in successfully completed ESOP structured transactions, BJH is known as a leader in the ESOP field.
CONTACT FOR MOSAIC CAPITAL PARTNERS:
William Hayes
Managing Partner
Mosaic Capital Partners
101 S. Tryon St., Suite 2620
Charlotte, NC 28280
PH: 704-626-6433
Email: [email protected]
http://www.mosaic-cp.com
CONTACT FOR BUTCHER JOSEPH HAYES:
Rose Newport
Director of Marketing
Butcher Joseph Hayes
101 S. Hanley Rd., Suite 1450
Clayton, MO 63105
PH: 314-549-4045
Email: [email protected]
www.butcherjoseph.com
SOURCE Mosaic Capital Partners, LLC
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