News & Updates
HCAP Partners Announces Exit of Portfolio Company Protect Plus Air Holdings, LLC
October 18, 2017 – HCAP Partners announced the recapitalization of Protect Plus Air Holdings, LLC, a leading manufacturer and distributor of residential air filtration products and accessories in the US.
Huntington Capital Announces Investment in Leading Residential Air Filter Company
November 3, 2014: Huntington Capital Fund III announced that it has completed an $8.0 million mezzanine loan and equity investment in Protect Plus Air Holdings, LLC (“PPAH”), which is owned by the Lackey Group and is headquartered in Hickory, North Carolina.
Huntington Capital Announces Merger and Recapitalization of Five Air Filtration Entities
Jan 4, 2012 – Huntington Capital Fund II, LP (“Huntington”), a San Diego based lower-middle market focused private equity fund, has announced the funding of a syndicated mezzanine loan to Protect Plus Air Holdings, LLC (“PPAH”), a newly formed holding company that will own a 100% interest in a multi-branded platform of five operating entities within the residential air filter category.
2011 Innovation Award – Purafilter and Web Products
30-Aug-2011 - Protect Plus Air, majority owner of Huntington Capital Fund II portfolio companies Purafilter and Web Products, was announced as the 2011 Innovation Award Winner for the AC/Furnace Filter Category ahead of 3M and Flanders.