Named Founder Friendly Investors 2021 by Inc.
On December 24, 2021, Valesco closed its eleventh platform investment out of Valesco Fund II. Headquartered in Shelby, Michigan, Silver Street, Inc. d/b/a mediatechnologies (“MediaTech” or the “Company”) is a premier, custom, and semi-custom furniture manufacturer producing robust, high-quality furniture for the K-12 education market. MediaTech offers customers a complete range of products in the seating, tables, desks, storage, and workstation categories.
MediaTech cultivates strong relationships with its clients, including national dealers and school district hired architects, allowing the Company to fully integrate itself into projects at the beginning of the design and sales process. The Company operates out of highly automated production facilities, enabling it to transform raw materials into unique, one-of-a-kind, products and learning environments for its customers. Leveraging a national sales presence, MediaTech sells across the United States resulting in a well-known and respected brand.
Valesco is supporting a control recapitalization, partnering with the existing management team and HighGrove Companies to optimize essential business processes. Additionally, Valesco has identified substantial growth opportunities via operational improvements, expanding the sales and marketing team, and extending the Company’s geographic presence. Subordinated debt was provided by Valesco, and a senior revolver was funded by a senior lender who is also an investor in Valesco Fund II.
Valesco continues to seek investment opportunities to provide equity and subordinated debt for control buyout, recapitalization, minority, management buyout, and mezzanine situations from Valesco Fund II. Mediatechnologies is a great example of relationship, partnership, and creativity to find the best possible outcome for the business, existing owners, and Valesco. The Company is poised for continued success, and we are enthused to add MediaTech to our growing portfolio.
Valesco is a Dallas, Texas based private equity firm that focuses on making control and non-control investments in select growth-oriented small- and lower- middle-market businesses engaged in manufacturing, distribution and business-to-business services. Valesco specializes in partnering with a company’s management team to support its growth objectives. As long-term industry veterans, the principals have capitalized and built numerous successful businesses, serving those companies in varying roles as investors, managers, advisors and directors.