Patriot Capital Announces Investment in TopDown, Inc.

Patriot Capital (“Patriot”), a multi-strategy middle market investment firm, is pleased to announce its support of the majority recapitalization of TopDown, Inc. (“Top Down”), an industry-leading designer, manufacturer, and supplier of branded automotive aftermarket products. Patriot joins a Valesco Industries-led partnership alongside Brookside Capital Partners, Tecum Capital, and a Valesco Industries Limited Partner investing subordinated debt and equity.

TopDown, founded in 1979 and headquartered in Southern California, is the industry leader in OEM-quality replacement convertible tops which are one piece of an expansive offering that includes Jeep tops and aftermarket automotive soft goods such as seating upholstery, headliners, carpets and door panels. TopDown is committed to providing the automotive industry with leading product designs and quality, supported by excellent service levels and competitive prices. As a result of the Company’s manufacturing expertise, TopDown is a leading aftermarket provider with the capability to produce products for effectively all makes, models and production years.

For more information on this transaction, please contact:

Dan Yardley, Managing Director
Charles Adams, Associate Managing Director