Since 2008, Medallion Capital has been a proud partner and investor in Reel Power International, Inc. (“Reel Power,” formerly Tulsa Power). Reel Power designs and engineers specialized reeling and coiling equipment and material handling solutions for a wide range of industrial applications.

Originally competing in cyclical oil and gas end markets, Reel Power needed a long-term, flexible partner like Medallion Capital to fully maximize their value creation strategy.

Our initial debt and subsequent equity investments supported Reel Power's early growth. Upon repayment of the note, we retained our equity holdings, confident in the Company's long-term potential.  Reel Power has executed on that potential, and over the last several years, has diversified into high-growth industrial segments that benefit from AI and data center tailwinds.

In November, our confidence was rewarded as Reel Power was sold and Medallion's equity realized, highlighting how our evergreen fund model allows us to stay invested and aligned with management through multiple stages of growth well beyond a typical SBIC timeline. 

We have taken a similarly long-term approach with Quaker Bakery Brands, which we financed in 2012 and 2017 to support expansion and product innovation. Quaker's majority shareholder and CEO reflects on the partnership:

"...Medallion provided critical capital which assured a healthy balance sheet during several expansions, an equity restructuring, COVID/inflationary stressors, and productivity and growth projects funded with CAPEX. During that time, Quaker more than tripled in growth and is now the nation's third-largest shelf-stable pizza crust company."

Together, these outcomes reflect what we aim to bring to every relationship: long-term alignment, flexibility without artificial timelines, consistent capital across cycles, and a commitment to helping small businesses succeed.