JZ Capital Ptnrs Ltd JZCP Completes Sale of Two Investments

 
TIDMJZCP 
 
JZ CAPITAL PARTNERS REALISES TWO INVESTMENTS FOR $11.5 MILLION 
 
10 October 2016 
 
JZ Capital Partners Limited (LSE:JZCP.L or "JZCP"), the London listed fund that 
invests in US and European micro-cap companies and US real estate, has realised 
two of its investments, Southern Petroleum Laboratories ("SPL") and Metpar, for 
a combined $11.5 million. 
 
Southern Petroleum Laboratories 
 
JZCP received proceeds of $8.4 million from the sale of SPL, a leader in oil & 
gas measurement and laboratory services, which is approximately the company's 
carrying value. JZCP also received warrants for approximately $0.5 million on 
day one value in the new buyer as well as a dividend of $1.3 million from SPL 
in July 2015. 
 
Metpar 
 
JZCP received proceeds of $3.1 million from the refinancing of Metpar, a 
manufacturer of restroom partitions, which is a significant uplift to the 
company's carrying value of $0.8 million. JZCP received proceeds of $3.1 
million over the lifetime of the Metpar investment in addition to the $3.1 
million recently received. 
 
David Zalaznick, JZCP's Founder and Investment Adviser, commented: "We are 
pleased with the outcomes of both of these sales, particularly with SPL given 
the challenging energy market, and wish the companies the best of luck for the 
future." 
 
                                     Ends 
 
For further information: 
 
Ed Berry / Kit Dunford                           [phone] 
FTI Consulting 
 
 
 
David Zalaznick                                  [phone] 
Jordan/Zalaznick Advisers, Inc 
 
 
 
Paul Le Ray                                       [phone] 
JZ Capital Partners 
 
About JZCP 
 
JZCP is a London listed fund which invests in US and European micro-cap 
companies and US real estate. Its objective is to achieve an overall return 
comprised of a current yield and capital appreciation. JZCP receives investment 
advice from Jordan/Zalaznick Advisers, Inc. ("JZAI") which is led by David 
Zalaznick and Jay Jordan. They have worked together for 30 years and are 
supported by teams of investment professionals in New York, Chicago, London and 
Madrid. JZAI's experts work with the existing management of micro-cap companies 
to help build better businesses, create value and deliver strong returns for 
investors. JZCP also invests in mezzanine loans, first and second lien 
investments and other publicly traded securities. For more information please 
visit www.jzcp.com 
 
 
 
END 
 

(END) Dow Jones Newswires

October 10, 2016 02:00 ET (06:00 GMT)