Pine Tree Equity Partners
Capital for Samll Companies

Pine Tree Equity Acquires Celtic Capital

In the most challenging of financing markets, Pine Tree Equity I, LP ("Pine Tree Equity") acquired Celtic Capital Corporation ("Celtic Capital" or the "Company") in December 2008. The Company, founded in 1982 and headquartered in Santa Monica, CA, is a leading regional provider of asset based financing from $500,000 to $5,000,000 to small businesses in the western United States.

Pine Tree Equity partnered with the founding entrepreneur of Celtic Capital to reacquire the platform from Discovery Bancorp. Subsequently, Pine Tree Equity acquired add-on portfolios of asset based loans to small businesses from Sovereign Bank and Textron Financial Corporation. For additional information, please visit www.celticcapital.com.


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Celtic Capital

 

Pine Tree Equity
Pine Tree Equity, based in Miami, FL, is a private equity firm with committed equity capital focused on the investment in all expansion of small capitalization companies - with revenue of $10.0 million to $50.0 million - in partnership with management. For additional information, please visit www.pinetreeequity.com or please call Jeff Settembrino.
 
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