MS Capital Advises NexBelt
MS Capital is pleased to announce that NexBelt LLC (“NexBelt”) has been recapitalized by TEAM Partners, a Dallas-based private investment firm. MS Capital acted as the exclusive financial advisor to NexBelt.
Founded in 2010 by Eddie Rowland, Francis Rowland, and Tom Hunsucker, NexBelt is a market leader that designs, manufactures, and sells ratchet belts. NexBelt has continuously engineered improvements to the ratchet system and developed new and exciting product lines.
Based in Rancho Cucamonga, California, NexBelt sells belts to golf, everyday carry (“EDC”), casual, and luxury dress belt customers. The Company is known for quality in the marketplace and has experienced rapid sales growth in recent years.
TEAM Partners is a Dallas-based private investment firm focused on investing in leading, lower middle-market companies. TEAM targets family-owned and owner-operator businesses seeking a dynamic financial partner to execute an ownership change. Since 2000, the principals of TEAM have completed 30 acquisitions and have developed a proven track record of working with management to maximize the full potential of a company.
The deal represents another successful transaction for MS Capital in the consumer products space.
MS Capital is a sister company to Marshall & Stevens Incorporated. MS Capital provides M&A advisory, capital markets, corporate finance, and investment banking services to a diverse client base, including corporations, financial institutions, financial sponsors, and private equity groups.
For more information about MS Capital, visit ms-cap.com or call 213-612-8000.
To learn more about MS Capital’s advisory role in mergers and acquisitions visit https://ms-cap.com/services/mergers-acquisitions/