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The Capital Corporation Advises ProSource, LLC on its Partnership with CID Capital

The Capital Corporation is pleased to announce that ProSource, LLC (“ProSource”, headquartered in Greenville, South Carolina) has secured growth capital from CID Capital (“CID Capital”, headquartered in Indianapolis, Indiana). ProSource is one of the premier plumbing, kitchen and lighting solution providers in the Southeastern United States, operating five showroom locations across the Upstate of South Carolina/Western North Carolina markets.

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The Capital Corporation advises THG Corporation on its sale to KLX, Inc.

The Capital Corporation is pleased to announce the sale of THG Corporation (“THG”, headquartered in Northborough, Massachusetts) to KLX, Inc. (“KLX”, headquartered in Wellington, Florida). THG is one of the premier “Tri-Technology” Parker Hannifin motion and controls solutions provider that serves the Massachusetts, Connecticut, New Hampshire, Vermont, Maine, and Rhode Island markets. KLX is the world’s leading independent distributor of aerospace fasteners, consumables, and logistics services.

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The Capital Corporation advises SolBright Renewable Energy, LLC on its sale to Arkados Group, Inc.

The Capital Corporation is pleased to announce the sale of SolBright Renewable Energy (“SolBright”, headquartered in Charleston, South Carolina) to Arkados Group (“Arkados”, headquartered in Newark, New Jersey). SolBright is an award-winning, vertically integrated service provider of turnkey solar photovoltaic solutions to the commercial, industrial, and military markets. Arkados is a public company (OTC: AKDS) that provides unique software and systems that enable the Internet of Things (IoT) applications for both commercial and industrial customers.

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The Capital Corporation advises Highlands Diversified Services, Inc. on its sale to Bear Diversified, Inc.

The Capital Corporation is pleased to announce the sale of Highlands Diversified Services (headquartered in London, Kentucky) to Bear Diversified (which is a privately held, parent company of Cleveland, Ohio-based Northern Stamping, Inc.). Highlands is a leading manufacturing solutions provider for the telecommunications, automotive, aerospace, appliance, and other industrial industries. Northern Stamping is a supplier of complex metal stampings and highly engineered welded assemblies to the automotive industry since 1989.

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The Capital Corporation advises Steeger USA on its sale to Machine Solutions, Inc.

The Capital Corporation is pleased to announce the sale of Steeger USA (headquartered in Spartanburg, South Carolina) to Machine Solutions (headquartered in Phoenix, Arizona). Steeger USA is the leading manufacturer of braiding equipment for the medical device industry. Steeger USA will become a Machine Solutions company, significantly expanding the newly combined company’s range of products and services across its three brands: MSI, Vante and Steeger USA.