Davis, CA and Portland, OR – August 7, 2017 — CVF Capital Partners (“CVF”) announces the opening of a new Portland, Oregon office. This Pacific Northwest office allows CVF to expand beyond their California presence and be closer to Pacific Northwest lower-middle and middle-market companies. Since 2012, CVF has completed three successful transactions in Oregon for Source Logistics (Beaverton), Pioneer Recycling (Clackamas), and Precision Machine and Manufacturing (Eugene).
José Blanco, Managing Partner at CVF, commented, “We have done business for years in Oregon. Having a local Portland office will allow us to broaden our reach into Oregon as well as Washington and Idaho and be closer to business owners, advisors, and bank partners.”
CVF recently launched its third fund, CVF III, and will seek to take advantage of the positive macroeconomic outlook and the high potential of dynamic middle market businesses. CVF will continue to invest in mezzanine capital through subordinated debt and equity instruments in lower-middle and middle-market companies throughout California, the Pacific Northwest and the broader U.S. Southwest. Ed McNulty, CVF Managing Partner added, “We continue to expand our geographic footprint and seek out the best deal partners in all areas. To date, we have done deals throughout the western United States, particularly in California, Washington, and Oregon. Opening a Pacific Northwest office is a natural extension for us and demonstrates our belief in this market.”
As part of this new expansion, CVF has brought on board Mr. Mike Stedron to head the Portland office. Brad Triebsch, another CVF Managing Partner commented, “We are very happy to have Mike join us from KeyBank in Portland. Having Mike lead our efforts in the Pacific Northwest will be instrumental in continuing our firm’s growth and success.” Triebsch continued, “Mike has a demonstrated track record developing new markets and building the trust and confidence needed to assist entrepreneurs in financing their business needs.”
CVF III intends to invest between $5 and $20 million dollars per transaction in mezzanine debt and/or equity. CVF will continue to focus on financing acquisitions, management buyouts, recapitalizations, expansions, and strategic opportunities with a generalist industry approach.
About CVF Capital Partners and Central Valley Fund
CVF Capital Partners and The Central Valley Fund was established in 2005 to finance later-stage growth and buy outs opportunities of small businesses through mezzanine debt and preferred equity investments with over $325 million in committed capital. The fund has three offices in California – Davis, Fresno and San Diego and one in Portland, Oregon. It is focused on making investments in California and throughout the Western United States. For more information, please visit www.cvfcapitalpartners.com.