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KT Capital, Capitala Finance Corp. and CableOrganizer.com Announce Purchase of EquiCross, Inc.
FORT LAUDERDALE, Fla., Aug. 13, 2014 /PRNewswire/ -- CableOrganizer.com, a top provider of cable management, networking, and electrical solutions, announces that it recently acquired EquiCross Inc., located in Tampa, Florida. EquiCross is a leading supplier ofproducts focused on crowd control, traffic, safety, hospitality, and event management. CableOrganizer.com is one of several portfolio companies owned by Atlanta based Private Equity firm KT Capital. KT Capital purchased CableOrganizer.com in May 2013 from its founders with support from Capitala Finance Corp.
CableOrganizer.com will continue operating EquiCross's CrowdControlStore.com (EquiCross's shopping portal) as a stand-alone site. The site has been offering quality crowd management products such as barricades, stanchions and traffic cones since 2000. CableOrganizer.com brings significant depth in SEO and Pay-Per-Click marketing, logistics, IT and sales support to EquiCross that it believes will accelerate the company's already strong growth. CableOrganizer.com will also begin offering several of the top selling crowd control products on its own site under its safety and security categories.
Going forward, CableOrganizer is committed to continue providing EquiCross's customers with high quality products, low prices, reliable in-stock quantities, and fast delivery times. In order to ensure the continuity of outstanding service, products, and delivery times, the company is in the process of opening a new West Coast warehouse that will enable shipping to most of the U.S. in less than two days.
CableOrganizer.com has been providing customers with expert knowledge and unmatched customer service since 2002. "We think having these two teams join forces will accelerate the group's growth to the next level, and unlock the potential that is clearly evident in a fast-growing company like EquiCross," said Jim Tapp, a managing director with KT Capital. EquiCross is the first add-on acquisition CableOrganizer.com has completed since its acquisition by KT Capital and the company is continuing to look for additional strategic add-on opportunities.
About KT Capital
KT Capital is an Atlanta based private equity fund investing in lower middle market opportunities, with a focus on profitable and growing businesses led by Founders and strong management teams. To learn more, visit ktcapital.net.
About Capitala Finance Corp.
Capitala Finance Corp. (NASDAQ: CPTA) is a business development company providing customized financing solutions to lower middle-market companies and financial sponsors. Since inception in 1998, Capitala has made investments in a wide variety of industries and seeks to invest throughout the United States and Canada.
Capitala is headquartered in Charlotte, NC and operates full-service offices in Raleigh, NC; Atlanta, GA; Louisville, KY; Ft. Lauderdale, FL; and Washington, D.C.
Founded in February 2002 and headquartered in Fort Lauderdale FL, CableOrganizer.com is a leading online provider of network, electrical, and cable management solutions for the home, office, warehouse, jobsite and more.
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