Brookside Capital Partners is pleased to announce its investment in NewBold, LLC ("NewBold").
Founded in 1994 and headquartered in Greenville, SC, NewBold is a leading provider of managed technology services to the quick service restaurant, retail, warehousing and healthcare industries. NewBold supports point-of-sale ("POS"), automatic identification and data capture (“AIDC”), and payment device product lines, with services including on-site service response, depot repair services, technology procurement and deployment, configuration and integration, help-desk support, and payment device encryption and injection services.
Brookside Capital Partners provided subordinated debt and an equity co-investment to support the acquisition of NewBold by Fort Point Capital, a Boston, MA-based growth- focused private equity firm specializing in service-oriented companies in the middle market.
Brookside has invested $1.3 billion since its founding in 2001. We are a leading provider of flexible capital solutions to lower middle-market companies, typically in the form of subordinated debt, unitranche loans and minority equity co-investments. Brookside generally invests $5 million to $30 million per transaction and has the resources to complete larger transactions, as well, by partnering with limited partners and associates. As a firm, we believe in partnership, collaboration, and achieving results together. We value the relationships with our sponsor and management partners and seek to find credit solutions that work for each unique situation. We deliver on our promises.
 
INVESTMENT CRITERIA
>$15 million revenue
>$4 million EBITDA
EBITDA margins over 10%
Stable historical performance and predictable cash flows
Please contact us or visit our website at www.brooksidecp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.
