MCRC Provides Mezzanine Capital for Allen & Gerritsen’s Acquisition of the Neiman Group MCRC is pleased to announce its investment in Allen & Gerritsen to support their acquisition of the Neiman Group.  Allen & Gerritsen, a privately held company located in Boston’s Seaport District, is an advertising agency that strategically combines technology, creativity, media and analytics to develop digital, experiential and traditional branding experiences.  It has been ranked by Advertising Age as one of the Top 50 Independent advertising agencies [...]

MCRC Provides Mezzanine Capital in Marcou’s Acquisition of  BostonCoach Mass. Capital is pleased to announce its investment in Marcou Transportation Group to support Marcou’s acquisition of BostonCoach from Fidelity Investments.  Marcou, a privately held company located in Waltham, MA, offers a broad range of transportation services including chauffeured limousines, taxis, and school buses for students with special needs.  The company also manages “The RIDE”, a transportation service for people with disabilities, under a contract with the MBTA.  The acquisition of BostonCoach, [...]

Mass. Capital portfolio company Exergen Corporation recently announced a donation of $10,000 to The One Fund Boston to help those affected by the Boston Marathon tragedy.  The donation was made in honor of the many doctors and nurses of the Boston Marathon Medical Team, which is manned by volunteers.  The Boston Marathon Medical Team has provided medical care at the finish line and along the race route every year since 1978 and is the oldest such medical care organization in [...]

Mass. Capital is pleased to announce a new investment in World Energy Solutions, Inc. (NASDAQ: XWES). Headquartered in Worcester, MA, World Energy is an energy management services firm that brings together the passion, processes and technologies to take the complexity out of energy management and turn it into bottom-line impact for businesses, institutions and government.  To date, the Company has transacted more than $40 billion in energy, demand response and environmental commodities on behalf of its customers, creating more than [...]

Mass. Capital is very pleased to announce that Paul Bolger, a thirty year banking veteran, has joined the company.  Prior to joining MCRC, Paul served in senior management positions at BayBank, BankBoston and Sovereign Bank.  At Sovereign, he was Executive Vice President and Chief Credit Officer and head of commercial real estate, corporate lending and loan syndications.  Paul was a Founding Partner and Managing Director of Marathon Investment Partners, a $50 million SBIC.  Most recently he served as Executive Vice [...]

Mass. Capital is pleased to announce that its long time portfolio company Fiberspar Corporation has been acquired by National Oilwell Varco (NYSE: NOV).  Fiberspar manufactures and supplies advanced spoolable fiber-reinforced composite pipe for oilfield operators.  Fiberspar’s primary product line, marketed as LinePipe™, is used by crude oil and natural gas producers in surface applications which benefit from LinePipe’s rapid installation process and its corrosion resistance. Mass. Capital first invested in Fiberspar twenty-five years ago and again in 2007.  In 2010 [...]

MCRC is pleased to announce a new investment in Dynasil Corporation of America (NASDAQ: DYSL).  In addition to extensive contract research at its Watertown, MA subsidiary RMD, Inc., Dynasil develops and manufactures detection and analysis technology, precision instruments and optical components for the Homeland Security, medical and industrial markets.  Combining world-class technology with expertise in research and materials science, Dynasil is commercializing products including dual-mode radiation detection solutions for Homeland Security and commercial applications, probes for medical imaging and sensors [...]

MCRC is pleased to announce a new investment in Motion Recruitment Partners, Inc.  Founded in 1994 Motion Recruitment Partners, a privately held company headquartered in Boston, MA, operates two staffing divisions under different operating brands. One division is comprised of two agency networks (Jobspring Partners and Workbridge Associates) which place information technology professionals on a permanent, full-time and temporary contract basis. Both agencies operate out of nine major cities across the US. The other division (Seven Step Recruiting) is an [...]

MCRC is pleased to announce a new investment in Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of report analytics software and services.  Datawatch’s technology empowers organizations to transform the massive amounts of valuable information that is trapped in static reports, PDF files, HTML and other content-rich, but difficult-to-use data sources, into a dynamic information analytics system that accelerates and improves decision-making throughout their operations.  Datawatch is headquartered in Chelmsford, Massachusetts, with offices in London, Munich, Sydney and Manila, and [...]

SLEEPMED, INC. Mass. Capital is pleased to announce a new investment in SleepMed Inc., a privately held company headquartered in Peabody, MA and Columbia, SC.  SleepMed is the largest private sleep diagnostics and ambulatory EEG provider in the nation with hundreds of hospital-based, physician-based and freestanding sites.  Nearly 100,000 sleep studies and over 25,000 days of ambulatory EEG testing are performed each year.  Mass. Capital’s subordinated debt investment was done in conjunction with a new senior debt facility from J.P. [...]