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Debt & Specialty Finance
resolutecap.com

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Investments

9

Funds

1

Partners & Customers

2

About Resolute Capital Partners

Resolute Capital Partners, fka Tenth Street Fund III, is a provider of mezzanine debt and minority equity for small, growing businesses throughout the United States.

Resolute Capital Partners Headquarter Location

20 Burton Hills Boulevard Suite 430

Nashville, Tennessee, 37215,

United States

615-665-3636

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Latest Resolute Capital Partners News

SEC Charges Two Companies and Their Principals with Misleading Investors in More Than a Dozen Oil and Gas Securities Offerings

Sep 24, 2021

FOR IMMEDIATE RELEASE Washington D.C., Sept. 24, 2021 — The Securities and Exchange Commission today charged Thomas Powell and Stefan Toth, and their entities, Resolute Capital Partners LTD LLC and Homebound Resources LLC, with making material misrepresentations and omissions in connection with more than a dozen unregistered oil and gas securities offerings. Powell and Toth were also charged with acting as unregistered brokers. All respondents have agreed to settle the SEC action. According to the SEC's order, between 2016 and 2019, the respondents and salespeople acting on their behalf sold debt and equity securities to retail investors in unregistered offerings based on working interests in oil and gas wells. The order finds that the respondents made material misstatements and omitted material facts in both debt and equity offerings. In particular, the respondents provided insufficiently supported projections of future oil production, made statements about potential tax benefits that were unavailable to certain investors, overstated cash reserves, and made incomplete disclosures regarding potential uses of investor funds, including the amount of funds that would be used for payments to prior debt and equity investors. The order further finds that the respondents should have known that their statements and omissions were materially misleading. "Today's settlements provide important protections for investors, including prohibiting the respondents from participating in any oil and gas offerings for two years and requiring an independent compliance consultant to review policies, procedures, and offering materials for any further offerings for three years," said Carolyn M. Welshhans, Enforcement Division Associate Director. "Investors are entitled to materially accurate disclosures so they can make informed investment decisions." The SEC's order finds that the respondents violated the antifraud provisions and the registration provisions of the Securities Act of 1933, and further that Powell and Toth acted as unregistered brokers. Without admitting or denying the SEC's findings, the respondents agreed to a cease and desist order and to undertakings that, among other requirements, prohibit them from participating in any unregistered oil and gas related offerings for two years, require them to post a referenced link to the SEC's order on all of their websites for three years, and require an independent compliance consultant for a period of three years. Powell and Toth also consented to collateral and penny stock bars and investment company prohibitions, with a right to apply for re-entry after two years. Finally, Resolute Capital and Homebound Resources each agreed to pay a civil penalty of $225,000, and Powell and Toth each agreed to pay a civil penalty of $75,000. The SEC's investigation was conducted by Brian Fitzsimons and Brian Vann with assistance from Joshua Braunstein, James Smith, Dean Conway, Jan Folena, Donald Furlano, and Deborah Russell. The investigation was supervised by Brian O. Quinn and Ms. Welshhans. The SEC appreciates the assistance of the Nevada Securities Division, the Securities Division of the Washington State Department of Financial Institutions, and the Financial Industry Regulatory Authority. ###

Resolute Capital Partners Investments

9 Investments

Resolute Capital Partners has made 9 investments. Their latest investment was in Powerhouse Maintenance as part of their Unattributed VC on May 5, 2018.

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Resolute Capital Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/24/2018

Unattributed VC

Powerhouse Maintenance

$8M

Yes

1

5/1/2018

Recap

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$99M

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10

Other Investors

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$99M

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10

Other Investors

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$99M

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10

Other Investors

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$99M

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10

Date

5/24/2018

5/1/2018

Round

Unattributed VC

Recap

Other Investors

Other Investors

Other Investors

Company

Powerhouse Maintenance

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Amount

$8M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

10

Resolute Capital Partners Acquisitions

1 Acquisition

Resolute Capital Partners acquired 1 company. Their latest acquisition was Cole Information Services on February 07, 2017.

Date

Investment Stage

Companies

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

Total Funding

Note

Sources

2/7/2017

Acq - Fin

Acq - Fin - II

2

Date

2/7/2017

Investment Stage

Acq - Fin

Companies

Valuation

Total Funding

Note

Acq - Fin - II

Sources

2

Resolute Capital Partners Fund History

1 Fund History

Resolute Capital Partners has 1 fund, including Resolute Capital Partners Fund IV.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/11/2017

Resolute Capital Partners Fund IV

$84.7M

3

Closing Date

4/11/2017

Fund

Resolute Capital Partners Fund IV

Fund Type

Status

Amount

$84.7M

Sources

3

Resolute Capital Partners Partners & Customers

2 Partners and customers

Resolute Capital Partners has 2 strategic partners and customers. Resolute Capital Partners recently partnered with Vertalo on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/23/2021

Vendor

Vertalo

United States

Resolute Capital Partners Chooses Vertalo for Investor Onboarding & Data Management Services

Resolute Capital Partners , a private equity firm that actively invests in and manages investments in the energy , real estate , and technology sectors has chosen Vertalo , an investor-focused digital asset management platform , to redesign its investment onboarding and data management platform .

1

8/1/2019

Vendor

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10

Date

4/23/2021

8/1/2019

Type

Vendor

Vendor

Business Partner

Vertalo

Country

United States

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News Snippet

Resolute Capital Partners Chooses Vertalo for Investor Onboarding & Data Management Services

Resolute Capital Partners , a private equity firm that actively invests in and manages investments in the energy , real estate , and technology sectors has chosen Vertalo , an investor-focused digital asset management platform , to redesign its investment onboarding and data management platform .

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Sources

1

10

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