Patriot Capital is pleased to announce a new subordinated debt investment in Vander-Bend Manufacturing, LLC, made in in support of Aterian Investment Partners acquisition of the company.

Founded in 1979, Vander-Bend is a leading developer, manufacturer, and assembler of precision products sold into medical technology, data center infrastructure, semiconductor capital equipment, and other end market applications. Vander-Bend distinguishes itself through its prototyping and engineering expertise, production capabilities, and quality reputation to partner with early stage, high growth companies in Silicon Valley. Vander-Bend's production capabilities include precision machining, precision sheet metal fabrication, electro-mechanical assembly, and prototyping through production support.

On working with Patriot, Daniel Phan of Aterian Investment Partners said, "Aterian is pleased to close this transaction and partner with Patriot Capital. Both firms share common goals of supporting growth and strategic initiatives to drive the business to its next level. We are both looking forward to working with the management team to execute on its plan and continue providing the highest quality products to our customers."

This is the third platform investment for Patriot's fifth private investment fund.

About Patriot Capital

Patriot Capital is a leading provider of growth capital to small and medium-sized privately-held companies seeking to finance business expansion, acquisitions, management buyouts and balance sheet recapitalizations. Our senior deal professionals each have more than 20 years of corporate finance and operating experience, enabling us to provide the companies that we invest in with seasoned business judgement as well as strategic capital. Patriot Capital typically invests $5 to $20 million in the form of subordinated debt and equity and we can arrange larger transactions through relationships with our limited partners.