News

« All Articles

Parkway Capital Announces Investment in Comprehensive Prosthetics and Orthotics

February 20, 2024

Parkway Capital (“Parkway”) is pleased to announce an investment in Comprehensive Prosthetics and Orthotics (“CPO” or the “Company”). Parkway and Northcreek Mezzanine partnered with the senior management team to lead the recapitalization of the Company.

Founded in 2006, CPO is a Midwest-based prosthetic and orthotic (“O&P care”) service provider to the adult and pediatric markets. The Company provides consultation and fitting services, follow-up treatment services and custom product fulfillment. CPO, headquartered in Peoria, IL, has 24 clinics and 10 satellite locations throughout Illinois, Iowa, Missouri, and Indiana.

For more information, please visit https://www.cpousa.com/

PARKWAY CAPITAL OVERVIEW

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.

CALVERT STREET OVERVIEW

Calvert Street Capital Partners is a multi-fund management company formed in 1995 to pursue investment strategies focused on the lower middle market. In addition to Parkway, the firm’s mezzanine investment strategy, Calvert Street makes control equity investments and utilizes a research driven approach to identify attractive businesses providing critical services to the industrial and commercial sectors. Collectively, Calvert Street’s and Parkway Capital’s investment professionals have invested in over 120 companies representing cumulative transaction values in excess of $1.5 billion.