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Investments

4

Portfolio Exits

1

About Opus Equity Partners

Opus Equity Partners, an extension of Opus Bank, works with successful companies and entrepreneurial owners and executives who believe in their company's potential for additional value creation but require the support of a flexible and sophisticated equity partner.

Opus Equity Partners Headquarter Location

19900 MacArthur Blvd 12th Floor

Irvine, California, 92612,

United States

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Latest Opus Equity Partners News

Opus Bank’s Merchant Banking Division Advises Destination Pet on Its Placement of Debt and Equity Growth Capital

Oct 10, 2017

Startup 365 Posted on Bank (“Opus”) (NASDAQ: OPB) announced today that its Merchant Banking division, through its broker-dealer subsidiary, Opus Financial Partners, served as financial advisor to Destination Pet, LLC (“Destination Pet”), a leading provider of a broad array of pet care services, on its placement of $30 million of debt and equity growth capital. The financing was led by McLarty Capital Partners (“McLarty”), an SBIC debt and equity provider to lower middle market companies. Opus Bank’s bank-sponsored SBIC Fund, Opus Equity Partners, which made a growth equity investment in Destination Pet earlier this year to support the company’s initial nine-location platform, also provided additional growth capital alongside McLarty’s financing. This transaction further highlights the capabilities of Opus Bank’s Merchant Banking platform as a one-stop principal investment and advisory solution. Dale Cheney, President of the Merchant Banking division, stated, “We are excited to further our relationship with Shane Kelly and the rest of the Destination Pet team, and look forward to working alongside the company as it continues on its growth trajectory. The long-term capital solution provided by McLarty and Opus Equity Partners will enable Destination Pet to execute on its national expansion strategy through the continued acquisition and buildout of top-quality pet care facilities.” Shane Kelly, CEO of Destination Pet, commented, “We are enthusiastic to partner with McLarty as we continue to grow the Destination Pet platform. The new financing from McLarty and the additional growth capital from Opus Equity Partners will allow us to bring the Destination Pet experience to an even greater number of pet owners and their pets.” Parris Boyd, Principal of McLarty, added, “Destination Pet has built an incredible business supported by a clear growth strategy and a significant pipeline of acquisitions in the pet care space. We look forward to a successful partnership with Shane and his experienced team of executives as they expand Destination Pet to become a leading provider of pet care services.” About Opus Bank’s Merchant Banking Division Opus Bank’s financial advisory platform that provides a broad range of direct investment and advisory solutions to lower middle-market companies. The Merchant Banking division includes Opus Equity Partners, LLC, the advisor to the Opus Bank-sponsored private equity SBIC Fund that provides growth capital to successful and dynamic companies in need of a capital solution beyond what is customarily available from traditional bank sources. The Merchant Banking division also includes Opus Financial Partners, LLC, Opus Bank’s wholly-owned registered broker-dealer, an investment banking group that provide advisory solutions to lower middle-market companies for mergers & acquisitions, leveraged buy-outs, growth equity capital, junior and senior debt, recapitalizations, and other broad transactional support to assist companies in their business development efforts. California-chartered commercial bank with $7.7 billion of total assets, $5.2 billion of total loans, and $6.3 billion in total deposits as of June 30, 2017. Opus Bank provides superior ideas and solutions, and banking products to its clients through its Retail Bank, Commercial Bank, Merchant Bank and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, public finance, media and entertainment, corporate finance, multifamily residential, commercial real estate and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy and performance improvement through its Merchant Banking Division and its broker-dealer subsidiary, Opus Financial Partners, LLC, Member FINRA/SIPC. Opus Bank’s alternative asset IRA custodian subsidiary has $16 billion of custodial assets and more than 52,000 client accounts as of September 15, 2017, which client accounts are comprised of self-directed investors, financial institutions, capital raisers and financial advisors. Opus Bank operates 51 banking offices, including 31 in California, 17 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona and one in Portland, Oregon. Opus Bank is an Equal Housing Lender. For additional information about Opus Bank, please visit our goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking information presented in this press release is not a guarantee of future events, and actual events may differ materially from those made in, or suggested by, the forward-looking information contained in this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “intend” or “expect” or variations thereon or similar terminology. All such statements speak only as of the date made, and Opus undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Contacts

Opus Equity Partners Investments

4 Investments

Opus Equity Partners has made 4 investments. Their latest investment was in Destination Pet as part of their Unattributed on October 10, 2017.

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Opus Equity Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/10/2017

Unattributed

Destination Pet

$30M

No

4

6/22/2017

Private Equity

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10

5/31/2017

Private Equity

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$99M

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10

3/31/2017

Private Equity

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10

Date

10/10/2017

6/22/2017

5/31/2017

3/31/2017

Round

Unattributed

Private Equity

Private Equity

Private Equity

Company

Destination Pet

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Amount

$30M

$99M

New?

No

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Co-Investors

Sources

4

10

10

10

Opus Equity Partners Portfolio Exits

1 Portfolio Exit

Opus Equity Partners has 1 portfolio exit. Their latest portfolio exit was Destination Pet on November 13, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/13/2019

Acquired

$99M

1

Date

11/13/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

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