Patriot Capital Announces Investment in Auburn Armature
Patriot Capital II, L.P. is pleased to announce an investment in Auburn Armature, Inc. Patriot Capital provided financing to the company to support management’s growth plans.
Auburn Armature, Inc. distributes and repairs electrical power equipment and provides related services in the northeastern Unites States, primarily in New York State. The Company is headquartered in Auburn, NY with four branches to serve the market.
Patriot Capital is a leading source of growth capital for middle-market companies seeking to finance business expansion, acquisitions, management buyouts or balance sheet recapitalizations. Patriot Capital II and its predecessor Funds, Allegiance Capital and Patriot Capital I have over $270 million of capital under management.
Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods.