Investors include financial institutions, pension funds, insurance companies, funds of funds, and family investment offices.
CapStreet III has already invested approximately 30% of its capital commitments in three platform investments:
– GHX Holdings, LLC, a Houston, Texas-based fabricator and distributor of industrial gaskets and hoses with operations throughout the United States;
– Trinity Steel Holdings, LLC, a Trinity, Texas-based provider of structural steel fabrication services to the industrial and power markets
– Thorpe Holdings, LLC, a Houston, Texas-based distributor of industrial insulation, refractory and acid masonry products and provider of related design, engineering, and installation services to the petrochemical, refining, alumina, waste incineration and utility industries.
CapStreet makes control investments in companies headquartered in Texas and the Sunbelt states with initial EBITDA between $5m and $15m.
Since inception, in 1990, the firm has completed 30 investments.