7 Seas Capital Co-Leads Investment in Precision Piping Products

The investment in Precision Piping Products (P3) by a group led by 7 Seas Capital and Tico Capital Partners underscores the growing importance of innovative pipe protection solutions in the construction and transportation industries. P3, known for its patented adhesive process and proprietary solutions, stands at the forefront of protecting flanges and pipes from debris and corrosion, a critical need in infrastructure development and maintenance.

This recapitalization effort, supported by Parkway Capital and Pine Street Capital Partners, not only fuels P3's expansion but also highlights the confidence of investors in specialized manufacturing firms that offer unique, patented technologies. With Parkway Capital's history of investing in companies with strong revenue and EBITDA, this move signals a robust outlook for P3's market potential and its role in advancing pipe protection standards.

The involvement of Calvert Street Investment Partners, through its Parkway Capital unit, further emphasizes the strategic nature of this investment. Calvert Street's extensive portfolio and investment history in middle-market companies provide a solid foundation for P3's growth trajectory. This development is a testament to the vitality of the lower-middle market sector and its capacity to drive innovation in niche industries.