About Us: Portfolio Companies

Current

Engineering Support Personnel (“ESP”) provides outsourced engineering, technical and other services to the Department of Defense, supporting military training and simulation systems and equipment. 

Pine Creek is the controlling investor having led the acquisition of ESP in partnership with CEO John Russell and senior management, and is pleased to have The Cohen Group and Dan Gillis, former CEO, SAGA Systems, as co-investors in this transaction.  Regions Bank provided debt financing.

Headquartered in Orlando, FL, ESP focuses on flight simulator maintenance and training and live fire range management at military installations throughout the United States and Japan.  For more information, please visit www.espinc1.com.

 

Noble Logistic Services, Inc. (“Noble”) is a national non-asset based provider of outsourced, dedicated logistics to customers requiring time critical local and regional delivery services. 

Pine Creek is the controlling investor in this transaction and led the deal in partnership with former CEO Ed Tonkon and senior management.

Noble distributes automobile parts from large wholesale automotive dealerships/parts distributors to other wholesalers, smaller dealerships and repair shops.  Similarly, the company delivers pharmaceutical products to end users from regional distribution centers and also works with the healthcare and retail industries.  Noble operates from 32 locations in 20 states and is headquartered in Houston, TX.  For more information, please visit www.noblelogistics.com.

 

Exits

Drew Foam Companies Inc. (“Drew”) is a leading producer of specialty foams used primarily in packaging and building applications.

Pine Creek is the controlling investor in this transaction and led the deal in partnership with senior management. PNC provided debt financing for this transaction and Spring Capital provided both mezzanine and equity capital.

Established in 1964, the company manufacturers expanded polystyrene products at its Monticello, AR, headquarters and an additional factory in Portland (TN) has established itself as a high-quality, value-added specialty foam supplier. For more information, please visit www.drewfoam.com.

 

Headquartered in South Boston (VA), Hilden America, Inc. (“Hilden”) is a luxury linen provider to high-end hotels and restaurants and specializes in long staple Egyptian cotton bed, table and bath linen, as well as terry towels, robes and slippers.

Pine Creek is the controlling investor in this transaction and partnered with CEO Russell Basch. Incumbent lender SunTrust Bank provided the debt financing.

Hilden customers include the Sun Valley Company, The Greenbrier, The Breakers, The Homestead, the Jefferson Hotel and the Pebble Beach Company. The Company has a cut and sew facility in Virginia and has been manufacturing and distributing linens for more than 130 years. For more information, please visitwww.hildenamerica.com.

 

The CrossGlobe Group was founded in 1951 as Lydall Transport, Ltd. and is a comprehensive supplier of distribution and transportation services to producers of specialized products that need expert care and handling, including paper and other forest products, base metals, beverages, and many other products and commodities.

Pine Creek is the controlling investor in this transaction and partnered with CEO Bill Franks, Jr.

CrossGlobe's service offerings include warehousing, truckload hauling, drayage, and customized value-added services in those areas. CrossGlobe is headquartered in Glen Allen, Virginia and operates distribution facilities in Monson, Massachusetts, Newport News, Virginia, Portsmouth, Virginia and Savannah, Georgia. For more information, visit www.crossglobegroup.com.