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Aequitas Capital Management's Catalyst Fund Purchases Skagit Gardens, Inc.


PORTLAND Portland, town, England
Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested.
, Ore. -- Aequitas Capital Management announced today that its Catalyst Fund has acquired Skagit Gardens, Inc.

Skagit Gardens is a wholesale greenhouse company located in Mount Vernon Mount Vernon, estate, United States
Mount Vernon, NE Va., overlooking the Potomac River near Alexandria, S of Washington, D.C.; home of George Washington from 1747 until his death in 1799.
, WA, specializing in producing and delivering annuals and perennials throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .

"We are extremely pleased to partner with Aequitas Capital Management's Catalyst Fund. The Skagit Gardens management team was instrumental in selecting our new partner and feels strongly that this long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 relationship and compatibility of core values will enable us to continue our customer focus," said Chris Colasono, President/CEO of Skagit Gardens. "We look forward to building a stronger future with Aequitas Capital as our strategic and financial partner."

The acquisition will enable Skagit Gardens to continue its vision of "Delighting Customers" through new introductions and exceptional service, plus expand Skagit's capacity and ability to service its customers.

"We have been impressed im·press 1  
tr.v. im·pressed, im·press·ing, im·press·es
1. To affect strongly, often favorably:
 with the service and value Skagit Gardens brings to its customers and are proud to partner with the Skagit management team to continue growing and delivering superior annuals and perennials in the Pacific Northwest," said Brian Oliver Brian Darnell Oliver (born June 1 1968 in Chicago, Illinois) is an American former professional basketball player who was selected by the NBA's Philadelphia 76ers in the 2nd round (32nd overall) of the 1990 Draft. , Executive Vice President, Aequitas Capital Management, Inc.

About Skagit Gardens, Inc.

Skagit Gardens, founded in 1966 and located in Mount Vernon, WA, is a Pacific Northwest wholesale grower and leader in selecting, producing and delivering superior annuals and perennials to independent retailers, landscapers and growers throughout the USA and Canada.

About Aequitas Capital Management

Established in 1993, Aequitas Capital is an innovative and socially conscious alternative asset management firm providing equity, debt and mezzanine mez·za·nine  
n.
1. A partial story between two main stories of a building.

2. The lowest balcony in a theater or the first few rows of that balcony.
 solutions to the middle market, healthcare and energy sectors. For more information, visit www.aequitascapital.com or call 503-419-3500.
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Jul 8, 2008
Words:271
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