News
Parkway Capital Portfolio Company GTA Containers Obtains HubZone Certification
Parkway Capital (“Parkway”) is pleased to announce that its portfolio company, GTA Containers (“GTA”), has been certified as a Historically Underutilized Business Zone (HUBZone) small business concern by the U.S. Small Business Administration (SBA). This certification recognizes GTA’s commitment to fostering economic development and employment growth in historically underutilized business zones.
Founded in 1988 and headquartered in South Bend, IN, GTA is a manufacturer of flexible containers and secondary containment systems, fluid storage and transfer solutions, and vehicle covers, liners and doors for the U.S. military and commercial applications. Igor Popov, CEO of GTA Containers, said: “The HUBZone certification reinforces GTA’s commitment to our local community and positions us for accelerated growth, expanded service offerings, new job creation and further contributions to the economic development of South Bend”.
Andrew John, Partner of Parkway, said: “Obtaining HUBZone Certification is a tremendous accomplishment and reflects GTA’s commitment to the South Bend business community. We are particularly pleased given that our fund is licensed by the SBA as a Small Business Investment Company (SBIC), and we appreciate the commitment to historically underutilized areas. We are extremely proud of the GTA team and delighted with their continued success.”
For more information, please visit https://www.gtacontainers.com/
About Calvert Street Investment Partners
Calvert Street Investment Partners invests in lower middle-market companies through two distinct investment strategies: Crescentia Capital, its equity buyout business; and Parkway Capital, its mezzanine business. Collectively, Calvert Street Investment Partners’ investment professionals have invested over $1.1 billion in 145+ companies since 1995.
About Parkway Capital
Since 2000, Parkway Capital has made investments in partnership with management, funded and independent equity sponsors, and family offices, providing flexible junior capital alternatives for lower middle market companies. Joining forces with the Calvert Street Capital Partners team in 2019, Parkway has an experienced, mezzanine-focused investment group that continues a more than two-decade long legacy of making mezzanine and minority equity investments. The Parkway investment professionals have collectively invested more than $500 million of capital across 70+ portfolio companies.