Patriot Capital Group is pleased to announce a growth capital investment in ThinkBig Networks, LLC  

Patriot Capital (“Patriot”), a multi-strategy middle market investment firm, is pleased to announce a growth capital investment in ThinkBig Networks, LLC (“ThinkBig”), a leading FTTP (fiber-to-the-premises) internet service provider deploying a state-of-the-art broadband network, for residential and commercial customers, in four counties across the state of Maryland: Harford County, Kent County, Queen Anne’s County and Charles County. 

ThinkBig was founded in 2016 by Dee Anna Sobczak and Mark Wagner, two veterans in the telecom and fiber broadband networks industries. ThinkBig’s current network consists of hundreds of fiber miles and thousands of homes and businesses passed, including some of the most rural areas of the state. Patriot’s growth investment, in addition to partnerships with state and local governments, will allow the Company to accelerate its development, bringing fiber connectivity to thousands of homes and businesses in both underserved and unserved parts of the state.

“We are so excited about the opportunity in front of us, to bring fast, reliable internet service, which is a necessity in today’s world, to the homes and businesses across the state of Maryland and other neighboring regions. I am grateful to have the opportunity to partner with Patriot Capital for the second time in my career, providing me, my Co-Founder Mark and our team the assurance that we have a dedicated and supportive team to successfully execute on our vision to create digital equity for underserved communities,” said Dee Anna Sobczak, COO of ThinkBig Networks, LLC.

For more information on this transaction, please contact:

Stacey Wittelsberger, Principal
Dan Yardley, Managing Director
Zac Davliakos, Analyst

Patriot Capital Celebrates Major Milestone

Patriot Capital Group is pleased to announce an exciting milestone – our family of funds has exceeded $1 billion in total dollars invested.

Since 2000, Patriot Capital funds have made 143 platform investments in lower middle market businesses across five investment vehicles. As our portfolio has grown, so has the Patriot team – today we have offices in Baltimore, Chicago, Dallas and Charlotte.

We’re thankful for the hard work and commitment of the current and former team members of Patriot Capital over the years that have enabled us to achieve this milestone. In addition, the $1 billion mark could not have been reached without the trust placed in the Patriot team by our investors and the U.S. Small Business Administration (SBA), portfolio company management teams, referral sources, and investment partners. We are grateful for the relationships and friendships that have been built over the last 22+ years and look forward to continued success and new partnerships in the years to come.

Patriot Capital is Pleased to Announce the Addition of Three New Team Members

Patriot Capital Group, a multi-strategy middle-market investment manager and advisory services platform, is pleased to announce the recent additions of Nick Dunbar, Alex Tyroler, and Zac Davliakos to the Patriot team.

Nick Dunbar joined Patriot in January 2022 as a Finance Associate. Mr. Dunbar’s addition to the Patriot platform further builds out Patriot Capital Group’s accounting, investor reporting, and financial planning capabilities. Prior to joining Patriot, Mr. Dunbar was a Senior Fund Accountant at StepStone Group (formerly Greenspring Associates). Mr. Dunbar began his career with Cohen & Company — a regional accounting, tax, and consulting firm — as a member of their investment industry services audit practice. Nick is a graduate of High Point University with a BS in Accounting and is based in Patriot’s Baltimore office. Nick is a Baltimore native, where he lives today with his wife, Julia, and dog, Brody.

Alex Tyroler joined the Patriot Capital Group in April 2022 and is based in Patriot’s Charlotte, NC, office. Mr. Tyroler joins Patriot from Citizens, where he served in the Investment Bank’s sell-side advisory team, primarily focused on consumer and multi-unit retail transactions. Prior to Citizens, Mr. Tyroler was a Senior Consultant with Elliott Davis’s Transaction Advisory Services team in Charlotte, NC, and began his career in BDO’s audit practice in McLean, VA. Alex is a graduate of Virginia Tech and holds a BS in Accounting and Information Systems. Mr. Tyroler has passed all four sections of the uniform CPA examination and is a registered representative holding an active Series 79 license. Alex is a northern Virginia native and currently lives in Charlotte with his wife, Lucy, and Goldendoodle, Charlie.

Zac Davliakos also joined the Patriot Capital Group in April 2022 and is based in Patriot’s Baltimore, MD, office. Before joining Patriot, Mr. Davliakos held roles in the Asset Management and Financial Planning & Analysis divisions of Corporate Office Properties Trust (COPT), a publicly traded REIT with investments primarily in the metro Washington, D.C., region. Mr. Davliakos began his career with the Federal Deposit Insurance Corporation (FDIC), serving in a rotational training program in the Risk Management Supervision and Consumer Protection verticals. Zac received his BS in Finance from Loyola University Maryland, where he was a four-year member of the varsity lacrosse team, serving as team captain his senior year. Zac also played with the Greek National Lacrosse Team at the 2018 World Lacrosse Championship in Israel.

Please join us in welcoming Nick, Alex, and Zac to the Patriot Capital team.

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