Parkway Capital (“Parkway”) 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 the recapitalization of the Company. Parkway Capital and Farragut Capital Partners 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 Farragut Capital Partners, Parkway is excited to support the Company’s growth initiatives.

PARKWAY CAPITAL OVERVIEW

Since 2000, Parkway Capital has had a history of investing alongside management, funded and independent equity sponsors, and family offices, providing flexible junior capital alternatives for lower middle market companies. Joining forces with the Calvert Street Capital Partners team in 2019, Parkway has an experienced, mezzanine-focused investment group that continues a more than two-decade long legacy of making mezzanine and minority equity investments. The Parkway investment professionals have collectively invested more than $450 million of capital across 60+ portfolio companies.

KEY CONTACTS FOR INVESTMENT OPPORTUNITIES

 

Andy Silverman asilverman@cscp.com 443-573-3709

Nelson Westwood nwestwood@cscp.com 443-573-3712

 

CONTACT INFORMATION FOR PARKWAY CAPITAL TEAM

Michael Coiro mcoiro@cscp.com 443-573-3713

Andy John ajohn@cscp.com 443-573-3710

Drex Knight dknight@cscp.com 443-573-3715

Chris Pope cpope@cscp.com 443-573-3714

Christine Vaile cvaile@cscp.com 443-573-3719