November 11, 2016 – White Wolf Capital (“White Wolf”) is pleased to announce a recapitalization of NSC Technologies (“NSC”) establishing a partnership between NSC’s management team and White Wolf. Boxwood Partners LLC (“Boxwood”) served as the exclusive financial advisor to NSC. Details of the transaction were not disclosed.
Elie Azar, Managing Director of White Wolf, noted, “We are very excited to partner with Paul Rodriguez and his team at NSC. The folks at NSC have built a fantastic platform and we are looking forward to working with them to achieve industry-leading growth. In addition to focusing on organic growth opportunities, this partnership will provide NSC with access to additional capital and resources to accelerate M&A initiatives.”
Paul Rodriguez, Founder and CEO of NSC, commented, “Over the 16 years since I founded NSC we became a trusted supplier of staffing solutions for the global marine, energy, commercial, and industrial sectors. For several years I have been looking for the right partner to help us become the undisputed industry leader in innovation, customer service, scope, flexibility, and value creation for our customers. I have found that partner in White Wolf. The White Wolf team brings the breadth and depth of strategic, operational, business development, and financial know-how needed to achieve exponential growth with uncompromising customer service. The NSC team could not be more excited about this new partnership.”
NSC specializes in staffing and workforce management solutions for a wide range of industries including: defense, marine, energy and industrial markets. NSC’s staffing experts identify top technical professionals and craftsman who are reliable, verifiably skilled and safety-minded to support customers as direct hire or contingent employees. For further information, please visit: www.nsc-tech.com.
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.