Parkway Capital

Parkway Capital is the mezzanine credit affiliate of Calvert Street. The Parkway Capital investment team focuses on making mezzanine debt and minority equity investments in lower middle market companies. We partner with management teams, independent sponsors, and other private equity groups to pursue growth opportunities, enable balance sheet recapitalizations, and / or facilitate ownership transfers. We invest in a broad range of industries including manufacturing, distribution, consumer products, business and industrial services, and healthcare. Our investment size is $3 million to $12 million per transaction and the companies we support have revenues of at least $10 million and EBITDA of at least $2 million.

Since 2000, Parkway Capital has provided flexible junior capital alternatives. The Principals of Parkway Capital joined forces with the team at Calvert Street in 2019. Collectively, the Parkway Capital investment professionals have invested more than $400 million of capital across 60+ portfolio companies.