Capstone Partners served as exclusive financial advisor to Cisco Investment Holdings LLC (“Cisco”), in its recapitalization by Stellex Capital Management (“Stellex”) and CIT Northbridge Credit (“CIT Northbridge”).
Co-headquartered in Odessa & Dallas, Texas and operating seven strategically positioned branches in the Texas Triangle (Dallas-Fort Worth, Austin & San Antonio) and West Texas / New Mexico,
Cisco is a leading one-stop provider of equipment rentals, new and used equipment sales, parts and service, offering a comprehensive portfolio of mid-sized construction and industrial equipment from industry-leading OEMs.
The Company serves a diverse roster of customers across a range of end markets including infrastructure & utility, public & private construction and midstream oil & gas – all of which are benefitting from national-and state-level infrastructure initiatives.
Stellex Capital Management is a New York-based private equity firm that invests in middle-market companies in North America and Europe across a variety of sectors including business & industrial services.
Stellex’s partnership with Management is predicated upon the intent to grow the platform via additional investment in fleet, facilities and personnel.
CIT Northbridge, a joint venture of First Citizens Bank, serves as an alternative lender to traditional banks by providing a broad range of flexible asset-based financing solutions.
Capstone Partners is the market leader in the equipment rental and dealer sectors, having completed 15 transactions since January 2021 with an aggregate value of $2.6 billion while publishing authoritative industry research.
[Capstone Partners] was an integral partner throughout the process in developing the story, working with financing parties and positioning Cisco for rapid growth with access to substantial new growth capital. [Capstone Partners]’s expertise in the equipment rental and dealer sectors, industry relationships and process dedication helped us achieve a fantastic outcome for the Company. We look forward to continuing to work with [Capstone] as a brainstorming partner in our next phase of growth.
