Charlotte-based Falfurrias Raises $7.2M

7/13/17

By Chris Roush, NC BIZ News

A Charlotte-based company that invests in other companies has raised nearly $7.2 million in an equity offering, according to a filing with the Securities and Exchange Commission.

Falfurrias Capital Partners raised the money from six investors, according to the filing.

Falfurrias was founded in 2006 by former Bank of America executives Hugh McColl and Marc Oken, as well as Ed McMahan, with the objective of investing in proven management teams to build middle market businesses.

The company invests in businesses with EBITDA of $3 million to $25 million across a range of sectors, including consumer and retail, food and beverage, business services, financial services, manufacturing, industrials, energy and health care.

Its past investments include Bojangles’ Inc.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

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