News

Partial Exit of PSA Investment

Brighton Partners sold a portion of its investment in PSA Worldwide, a Colorado Springs based distributor of prevention education and awareness materials, in a recapitalization transaction led by Dry Fly Capital.  Brighton continues to own a minority equity position in the business.

Brighton Partners Closes Second Private Equity Fund

Brighton Partners, LLC (“Brighton”) an Atlanta-based private equity firm, announces the final closing of its second investment fund: Brighton Micro-Cap Fund II, LP (“BMCF II”), a $30.0 million committed fund formed to make control equity investments in companies with $10 to $30 million of revenue and less than $3 million of EBITDA.  The initial closing for BMCF II took place on October 17, 2023 while the second and final closing occurred on March 15, 2024.  In addition to the principals of Brighton, investors in BMCF II include individuals with private equity experience, entrepreneurs, and founders of Brighton portfolio companies.  Brighton’s first committed fund, Brighton Micro-Cap Fund, LP, was raised in 2017 and has completed four platform investments and a series of add-on acquisitions.

Generations A/V Acquisition

Crew One Productions, Inc. acquired the membership interests of Generations A/V, LLC, a provider of skilled temporary labor for concerts and other large events in the Houston, TX area.  With this acquisition, Crew One expands its operations to Texas, joining offices in Atlanta, Memphis, Chattanooga, Nashville, Orlando, Tampa and Miami.

Don Kelly Joins Crew One as CEO

Crew One Productions, Inc., a leading provider of skilled temporary labor for concerts, music festivals, and other live events, is pleased to announce the appointment of Don Kelly as CEO.  Prior to joining Crew One, Don founded 3090 Ventures and served as COO to Summit Series.  Don previously spent nearly 10 years with Live Nation Entertainment and C3 Presents (a festivals division of Live Nation) in various leadership roles, and prior to that served as COO and General Counsel for Voodoo Music Experience, helping negotiate Voodoo’s sale to Live Nation.  A native of New Orleans, Don earned Bachelor of Science in Business and Juris Doctor degrees from Louisiana State University.

First Uniform Acquisition

Read’s Uniforms, LLC, a portfolio company of Brighton Partners, has acquired the assets of First Uniform, Inc. (“First Uniform”). First Uniform distributes medical uniforms throughout the Southeast via in-hospital stores, mobile stores, and e-commerce, including customer-dedicated portals.

Innercept Management Corporation Acquisition

Crew One Productions acquired the assets of Innercept Management Corporation, a provider of skilled temporary labor for concerts and other large events in South and Central Florida.

Tim Jorgensen Joins Crew One Productions as President

Crew One Productions, Inc., a leading provider of skilled temporary labor for concerts, music festivals, and other live events, is pleased to announce the appointment of Tim Jorgensen as President.  Prior to joining Crew One, Tim was a Regional Vice President at ASM Global, overseeing stadium, arena and theater relationships throughout the U.S.  Tim previously spent 10 years with Live Nation Entertainment in various senior operations roles.  A native of San Diego, Tim earned a degree in Hospitality Management and Hotel Administration from the University of Nevada – Las Vegas.

Colorado Industrial Packaging Investment

Brighton completed a platform investment in Colorado Industrial Packaging (“CIP”). CIP designs, manufactures and distributes engineered packaging solutions. The Company serves a diverse base of customers located throughout the U.S. from facilities in Colorado Springs and Denver. The CIP transaction represents the first institutional capital invested in the business. Brighton Partners will work closely with management to invest in systems, people and infrastructure, all in support of accelerated growth.

Lejoy Uniforms Acquisition

Read’s Uniforms acquired the assets of Lejoy Uniforms, a distributor of uniforms to hospitals and physician offices in the Birmingham, AL area. 

Jean’s Uniforms Acquisition

Read’s Uniforms acquired the assets of Jean’s Uniforms, a distributor of uniforms to hospitals and physician offices in the Spartanburg, SC area.