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Pacific Mercantile Bank Supports Vopne Capital’s Investment in RatPac Dimmers

May 29, 2018, 08:00 AM
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Pacific Mercantile Bank announced that it has provided the financing to support Vopne Capital's equity investment in RatPac Dimmers, the leading manufacturer of lighting control and power distribution products for the motion picture and entertainment industry. RatPac Dimmers also utilizes a full suite of Pacific Mercantile Bank's depository products and cash management services.

Vopne Capital is a Bay Area-based private equity firm investing in growing, profitable companies in the lower middle market. Vopne undertakes investments, recapitalizations and acquisitions of manufacturing and industrial services companies with experienced management teams, engineered and differentiated products, and a focus on quality and customer service.

"RatPac has built a great reputation for creating innovative, easy-to-use products for film and television production, and we are excited about the opportunities to continue growing this business," said Jim Bloom, Managing Partner of Vopne Capital.  "Having relationships with both Vopne Capital and RatPac Dimmers, Pacific Mercantile Bank was the ideal partner to work with on the financing for this investment.  Pacific Mercantile's knowledge and insight into RatPac's business enabled their team to put together a credit package that facilitated an efficient closing for this investment."

"Vopne has a great track record of working with its portfolio companies to generate operational improvements and enhance the value of its investments," said Zach Martin, Senior Vice President at Pacific Mercantile Bank.  "We appreciate Vopne's prudent approach to capital structure, which made this an attractive financing opportunity for Pacific Mercantile."

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