Consumer Products & Services

 

Since 1992, the Principals of Parallel have invested over $180 million in nine successful Consumer Products and Services companies.  Parallel’s unique capabilities in Consumer categories have resulted in a highly-successful track record investing in lower middle-market Consumer Products and Services companies.

 

Targus

Leading global supplier of mobile computing cases and accessories.  Parallel’s principal worked successfully with the founder to complete strategic acquisitions, enhance the management team and institutionalize the Company.  EBITDA increased by over 500% prior to the sale of Targus to a private equity firm in 2006.

 

Environmental Lighting Concepts

Leading designer and marketer of specialty lighting products sold under the brand name OTT-LITE. The company’s products use proprietary technology to replicate natural daylight indoors.  In partnership with Parallel, the company increased revenues and EBITDA over 100% prior to the sale of OTT-LITE to a private equity firm in 2006.

 

Regional Management Corp.

Leading provider of installment loans to consumers under-served by traditional financial institutions.  In partnership with Parallel, RMC has expanded and enhanced the company’s management team, implemented more sophisticated marketing strategies and significantly grown its branch network.  This has resulted in substantial revenue and EBITDA growth.