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Oct 2016

Midwest Mezzanine invests in K2 Industrial Services

K2 Industrial Services is an outsourced provider of a broad range of services to a variety of end-markets, including facilities in the steel, refining, power, paper and chemical industries. The Company performs mission-critical industrial cleaning (hydro-blasting, vacuum services, hydro excavation, etc.), “multi-craft” services (coating, insulation, and roofing), and specialty services that stem from regular and routine maintenance, planned shutdowns, scheduled turnarounds or outages.  The Company is also capable of handling capital works, unplanned projects, and emergency projects as needed. K2’s services ensure customers’ production equipment operates safely and efficiently while minimizing downtime.

Midwest Mezzanine Funds invested subordinated debt to assist The Halifax Group, the Company’s equity sponsor, with a refinancing of K2’s existing debt.

Oct 2016

Midwest Mezzanine invests $8.4 million in Frontier Fire

Frontier Fire is Colorado’s leader in fire and life safety services, providing a comprehensive service offering for the installation and maintenance of both fire suppression and alarm and detection (“A&D”) systems. The Company’s end-to-end service offering consists of three main segments: Installation (New and Retrofit), RSI (Repair, Service and Inspection), and more recently, A&D. Frontier has developed expertise in backflow testing, design services, and fabrication in addition to the Company’s installation, maintenance and inspection services, to enhance their value-add to their customers.

MMF invested $8.4 million of one-stop debt and equity to support the acquisition of Frontier Fire by Champlain Capital Partners.