Brookside Capital Partners is pleased to announce an investment in Five Lakes Manufacturing ("Five Lakes" or the “Company”). Founded in 1994 and headquartered in Clinton Township, MI, Five Lakes is a leading U.S. manufacturer of commercial and architectural interior doors and serves as a key partner to building product dealers, distributors and contractors.  The Company sells into a diversified mix of end-markets and offers a broad array of wood door types, including solid core, mineral core, hollow core, lead lined and plastic laminated.     

Brookside Capital Partners provided subordinated debt and an equity co-investment to support the acquisition of Five Lakes by Valesco Industries, LLC. "We were impressed by Five Lakes' leading market position and grateful to Valesco for selecting us to participate in this transaction" said Corey Sclar, Managing Partner at Brookside Capital Partners. "Five Lakes has a reputation for excellence and we look forward to supporting them as they enter this next phase of growth."

Brookside has invested $1.4 billion since its founding in 2001.  We are a leading provider of flexible capital solutions to lower middle-market companies, typically in the form of subordinated debt, unitranche loans and minority equity co-investments. Brookside generally invests $5 million to $30 million per transaction and has the resources to complete larger transactions, as well, by partnering with limited partners and associates. As a firm, we believe in partnership, collaboration, and achieving results together. We value the relationships with our sponsor and management partners and seek to find credit solutions that work for each unique situation. We deliver on our promises.

Investment Criteria

• >$15 million revenue
• >$4 million EBITDA
• EBITDA margins over 10%
• Stable historical performance and predictable cash flows
• Strong management teams
• Identifiable competitive advantages

Preferred Sectors

• Business Services
• Consumer
• Distribution
• Healthcare Services
• Manufacturing
• Transportation & Logistics

Please contact us or visit our website at www.brooksidecp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.