What's New

Parallel's Summer 2010 Update

Despite the recent uncertainty exhibited in the public markets, our portfolio companies have continued their positive trends in year-over-year revenue and EBITDA growth which began in the latter half of 2009.  Since the low point of the recession in Q2 2009, the *Parallel portfolio aggregate EBITDA has increased over 30%*.  While we cannot handicap the likelihood of a “double dip” recession, we feel very confident that our portfolio companies are well positioned for continued strong value creation, having enhanced their organizations and maintained low leverage levels over the last 18 months. Read more...

Parallel's 2009 Year End Review

We are very pleased with the performance of our portfolio in the back half of 2009.  Our management teams' strategic cost and liquidity management measures taken in the first half of the year, combined with improving year-over-year revenues in Q3 and Q4, enabled our portfolio companies to increase aggregate EBITDA more than 40% over the second half of 2008.  Selected highlights are as follows: Read more...