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Parallel Investment Partners Featured in Private Equity International

Parallel Investment Partners and White Deer's successfull final exit from Accelerated Companies was recently featured in Private Equity International magazine.  Read more...

Parallel Investment Partners Completes Final Realization of Successful Investment in Accelerated Companies

*Parallel Investment Partners LLC *(“Parallel”), a Dallas-based private investment firm, today announced the final exit of its successful investment in *Accelerated Companies* LLC (“Accelerated”) through its sale to Dover Corp. (NYSE: DOV) on September 30 for a purchase price of $430 million. Dover Corp. announced the sale on October 2. Parallel, which held its interest in Accelerated through Trilogy Production Equipment LLC (“Trilogy”), had earlier sold the majority of its interest in Accelerated via a recapitalization in partnership with White Deer Energy in January 2012. Following the White Deer recapitalization, Parallel had retained a considerable interest in the company. Read more...

2013 Year in Review

As we enter the current year, we are pleased to provide a recap of both our activities in 2013 and our goals and initiatives as we progress in 2014. 2013 marked another year of healthy revenue and EBITDA growth for our portfolio companies, posting double-digit increases over 2012 based on our current 2013 estimates. Over the course of 2013, we succeeded in scaling and adding value to our portfolio companies while continuing to execute strong realization events for our investors.  Read more...

2012 Holiday Update

As you have likely read in the press, Starbucks recently announced its agreement to acquire our portfolio company, Teavana (NYSE: TEA), for $620 million in cash. This highly strategic transaction represents a terrific outcome for Teavana’s shareholders, founders Andy and Nancy Mack, Teavana’s management team, and investors in SKM Equity Fund III. Read more...