Difficult economic times don't stop this private equity firm
MIAMI, Sept. 8, 2008 — With rumblings of doom and gloom in the business world, Park Capital Group LLC ) is a breath of fresh air. The Miami-based private equity firm is intent on investing $1 billion in business and real estate developments over the next year.
Founder/CEO Matthew Kleinsmith hopes that other financial firms will follow in its footsteps. It's a tough act to follow. In September 2008 alone, Park Capital Group will finance over $200 million in projects across North America.
"This country was built by entrepreneurs," said Kleinsmith, "and our banks have all but turned their backs on these same people in their time of need. Park Capital Group will strive to achieve its goal of a $1 billion capital infusion into our economy."
An entrepreneur at heart, Kleinsmith speaks from experience. He has owned and operated many companies over the years. "I understand my clients' perspective and where they are coming from," he says.
Kleinsmith says Park Capital is aggressively looking for investment-worthy people and projects – both foreign and domestic – including startups, recapitalization, commercial real estate and humanitarian programs. Park Capital has funded businesses in the U.S., Mexico, Vietnam and Canada. The company's focus is its equity-leveraging and asset-based lending program. Kleinsmith explains: "We utilize our numerous overseas banking relationships to grow our funding base."
"Our goal is to form partnerships where both parties benefit," continues Kleinsmith. "We want to build long-lasting relationships with our clients. Another important goal for us is to build our philanthropic work. We are pledging 10 percent of yearly profits to charities across the U.S."
Kleinsmith recently formed the nonprofit "Helping Heroes" for wounded and killed-in-action soldiers and their families. He said the program's goal is to provide financial assistance for military families that are suffering. A veteran himself, Kleinsmith has earmarked $300 million for the project and is forming an all-veteran board of directors.
His business is driven by principles as well. "Park Capital was founded on integrity, honesty and fairness. That is the basis of every project we undertake, and it guides us on a daily basis, both in our business and our philanthropic lives."
For more information, visit , email Email or call 877-266-4425.
About Park Capital Group LLC
Park Capital Group LLC, is at the forefront of the investment community. Its investment committee has a combined total of more than 100 years of business, financial and entrepreneurial experience.
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