DeltaPoint Capital IV, L.P.
PACS Industries, Inc.
PACS Industries, Inc. is a leading independent manufacturer of medium-voltage metalclad switchgear, Power and Control Center (PCC) buildings, and structural substations. The Company serves electric utilities, large manufacturing plants, and many other industries that require large blocks of electric power to operate their facilities such as the steel industry, the data center industry, the wind power industry, the oil & gas industry, and the railway traction industry, among others. DeltaPoint's strategy is to achieve significant growth through organic means and by acquisition, taking advantage of the Company's proprietary technology, while enhancing value by professionalizing and refining the Company's managerial activities. PACS is located in Bethpage, NY and Mt. Vernon, OHVisit PACS Industries website
DeltaPoint Capital Management, LLC has formed a holding company, Biomaxx, Inc. (Biomaxx), to acquire a controlling interest and assist in the recapitalization of PA Pellets, LLC, Choice Property Management, Inc., Choice Carriers, LLC. and Choice Brokerage, LLC. Collectively, these entities form a biomass management company that produces a variety of wood products, including wood pellets for residential heating fuel, while also engaging in forestry operations. DeltaPoint has invested in Biomaxx to properly capitalize the company in order to execute on its strategy of acquiring other wood pellet manufacturers throughout the northeast. DeltaPoint and management intend to deploy the company's acquisition strategy immediately and hope to execute on one of several already identified targets in the next six months.Visit PA Pellets, LLC website