- Consistent and profitable performance
- Proven Market Opportunity
- Maintainable EBITDA Margins of 15% or greater
Peter White
Vice President
Peter is a New Hampshire native and attended the University of New Hampshire for his bachelor’s. Peter joined the firm after investing in growth stage healthcare technology and services companies with TT Capital Partners. Peter started his career in investment banking with Piper Jaffray, where he focused on sell-side advisory and capital raising for medical device companies. Peter loves all-things Boston sports and does not understand why Minnesotans call lake homes “cabins”, independent of building material or size.
Direct: 651.289.4782
Mobile: 603.933.3548
Email: [email protected]
Brian K. Smith
Founder Chairman
Brian co-founded PCM in 1998 and is the Chairman of the firm. Prior to PCM, Brian was Senior Vice President of Northland Investment Holdings and the Managing Partner of Northland Business Capital, a company that invested in private equity and subordinated debt instruments. Brian earned a bachelor’s degree from Mankato State University and his MBA University of St. Thomas. Brian is a Minnesota native, spends many of his weekends on a tractor and often drives straight from “the farm” to board meetings.
Steven Halverson
Partner
Steve joined PCM in 2013 and is responsible for investment origination and portfolio company oversight. Prior to joining PCM, Steve was an analyst at Wilary Winn, where he specialized in the valuation of distressed assets and advised on mergers and acquisitions. Steve earned his bachelor’s degree from the University of Wisconsin-La Crosse and his MBA from the University of Minnesota. Steve is also a CFA® Charterholder. A native of southern Minnesota, Steve is an aspiring golfer in the summer and a perennially disappointed Vikings fan and outdoorsmen come fall.
Direct: 651.289.4785
Mobile: 612.802.2424
Email: [email protected]
Suburban Manufacturing
Monticello, Minnesota
Acquired July 2023
www.gosuburban.com
Suburban Manufacturing is a diversified manufacturer of industrial equipment and textiles for the Fluid Power industry. Suburban maintains three nationally recognized brands: Tsunami Compressed Air Solutions, LubeMinder Automatic Oil & Grease Systems and Python Protective Sleeves + Covers. The Company serves hundreds of customers, including globally-recognized OEMs across the Agriculture, Construction and Industrial Products markets.
Add-on Acquisitions: Suburban Manufacturing is seeking add-on acquisitions across directly competitive or complementary product offerings in the Fluid Power market.
APG Cash Drawer, LLC
Minneapolis, Minnesota
Acquired October 2008
www.cashdrawer.com
In the nearly 37 years since it was founded, APG Cash Drawer has emerged as the premier supplier of the most durable and dependable cash drawers, mobile cash drawer solutions, accessories and parts to the point-of-sale industry. Its products can be found in a variety of domestic and international retail environments including fast food, hospitality, fine dining, gasoline service stations, mass merchandising, convenience stores, and general retail applications. APG’s sterling reputation as the market share leader has been obtained by offering a value proposition consisting of 1,600 SKUs, fast delivery, competitive price points, and very high levels of on-time and accurate shipments.
Shur-Co, LLC
Shur-Co®, LLC is the largest manufacturer of high quality, heavy duty tarp and cover containment systems in the US. The Company has been researching, designing and developing tarping and containment solutions since its founding in 1954 building multiple products for the Agriculture, Construction, and Flatbed industries. In 1982 Shur-Co® revolutionized the truck-cover industry with its patented Shur-Lok® Roll-Up Tarp system by enabling one person standing on the ground to open, close, and secure a cover for a 45′ grain trailer. The Company remains the market share leader through continuous product innovation and manufacturing excellence, supported by synergistic marketing and distribution strategies. Shur-Co® has extraordinary brand equity as a result of its industry-leading products, exceptional service and fiercely-loyal end users. WHEN YOU NEED TO BE SURE, MAKE IT SHUR-CO®.
Gary Platt Manufacturing, LLC
Gary Platt Manufacturing, LLC produces seating exclusively for casinos including slots, table games, poker, bar-top, and bingo. The Company was founded on the concept that a high quality, more comfortable chair would increase a player’s “time on device” and, as a result, casino revenues. By specializing in casino seating Gary Platt has become the recognized leader in performance seating by casino customers and casino management. The Company supplies OEM’s IGT, Bally, and WMS with seating for all of their participation games. In addition, Gary Platt chairs have been sold directly into over 305 casinos throughout North America and the Company’s development of the multimedia slot chair in 2009 started a revolution in the industry. There is a Gary Platt chair in virtually every North American casino. GARY PLATT. PLEASE REMAIN SEATED.
Birchwood Casey, LLC
Birchwood Casey, LLC (BC), headquartered in Eden Prairie, Minnesota, is a developer and marketer of sporting goods used by shooting enthusiasts. The Company is a vendor to top sporting goods retailers and distributors such as Walmart, Gander Mountain, Cabela’s, and Dick’s Sporting Goods. Its products can be found nationally in over 5,000 retail stores. BC’s Shoot-N-C® line of reactive shooting targets, first introduced in 1990, has grown to become the nation’s leading reactive brand of target. The Company’s reactive targets display a bright ring of fluorescent chartreuse around each bullet hole, which provides shooters instant visual feedback. In addition, the Company also offers traditional paper targets, durable steel and plastic targets, wood and metal finishing products, gun maintenance and cleaning products and other accessories including gun cases. BC remains a market share leader through its high product quality, ongoing product innovation, reliable product fulfillment and best of class customer service.
Maverick Enterprises, Inc
Founded in 1992, Maverick Enterprises, Inc is the leading manufacturer of secondary closures (capsules) for the US premium wine industry. In its fully vertically integrated facility in the heart of wine country, Maverick designs, prints, and forms capsules for many of the largest wine producers in the US. The Company’s unique approach to production via a highly refined manufacturing process, coupled with attention to the smallest detail, make its products a critical component of customers’ branding strategies. Its unmatched technical expertise combined with a dedicated local presence and commitment to service excellence have entrenched Maverick as the industry and market share leader. MAVERICK – INNOVATION. QUALITY. SOLUTIONS.
Reliable Property Services
Winter and summer property services provider for commercial properties and golf courses throughout the Midwest.
www.rpsmn.com
Advanced Web
Manufacturer and flexographic printer of multi-colored pressure sensitive labels, specialty items and flexible packaging products
www.awtlabelpack.com
Bix Produce Company, LLC
The industry leader in specialty produce distribution throughout the Minneapolis St. Paul metropolitan area, greater Minnesota, Western Wisconsin, and Eastern North Dakota.
www.bixproduce.com
