Realized Investment

Soff-Cut International, Inc., founded in 1988, is a producer of saws and saw blades for the cutting of concrete. The company is the dominant producer of early-entry concrete cutting equipment which reduces the random cracking of concrete slabs and flatwork.

In June 1999, Caltius Mezzanine helped finance the acquisition of Soff-Cut by Westar Capital. Caltius and Allied Capital provided subordinated debt structured as senior subordinated notes with warrants.

Corona, California