MANHATTAN BEACH, CA – CriticalPoint Partners, LLC (“CriticalPoint”) is pleased to announce that it acted as the exclusive financial advisor to YSN Imports, Inc. d/b/a Flame King (“Flame King” or the “Company”) on its recapitalization with Main Street Capital Corporation (NYSE: MAIN) (“Main Street”). Main Street, along with its co-investor, completed the new portfolio investment to provide growth capital and to support the Company’s future initiatives and working capital needs.
Founded in 1998 and headquartered in Pico Rivera, California, Flame King (www.flameking.com) is a leading supplier of propane storage solutions and accessories. The Company sells its products to recreational consumers via retailers, propane tank exchangers, RV OEMs and direct to consumers through eCommerce platforms. The Company also supplies commercial and industrial customers and offers a complete line of steel propane cylinders including refrigerant, buffer, and forklift cylinders available in various sizes ranging from 1 lb. to 420 lb. for recreational, commercial, industrial, and home applications.
Israel Schochet and Sam Newman, Flame King’s founders commented, “The CriticalPoint team was an invaluable resource to guide us through our transaction process with their expert strategic advice. We are extremely pleased with the client servicing and attention to detail throughout the transaction as we look forward to our future growth.”
CriticalPoint served as the exclusive financial advisor to Flame King in connection with the transaction. The transaction, led by Diane Cabo and Nick Cipiti on behalf of CriticalPoint, demonstrates the firm’s expertise in middle market transactions and commitment to act as a trusted advisor with proven abilities to deliver for its clients.
Please contact Diane Cabo or Nick Cipiti with any questions about this transaction.
Diane Cabo
Managing Director
Direct: (310) 321-4406
[email protected]
Nick Cipiti
Managing Director
Direct: (310) 321-4172
[email protected]
About CriticalPoint
Headquartered in Los Angeles, CriticalPoint is a leading full-service financial M&A firm that uniquely combines the best of investment banking, private capital, and valuation service offerings. CriticalPoint executes, sources, and invests in deals across a wide variety of industries for the traditionally underserved middle market. Since our founding in 2012, our mission has been to serve the needs of owners, entrepreneurs, management teams, and stakeholders with our experience, knowledge, and expert judgment, to help them realize their companies’ greatest potential. From our deep-rooted foundation in private equity and investment banking, and our devotion to deal origination and business development, combined with being entrepreneurs at heart, we believe we are differentiated and well positioned to help companies wherever they are in their life cycle.
