Fund V and its investment advisory business have been renamed Parallel49 Equity. The name Parallel49 Equity signifies the firm’s roots and presence on both sides of the 49th Parallel, which connects Canada and the United States. It is a fitting reference to the firm’s long history of successful investing
Parallel49 Equity announces the acquisition of Gold Standard Baking (“GSB”). Based in Chicago, IL, GSB is a leading full-service bakery specializing in fully-baked, thaw-and-serve croissants, danishes and other sweet baked goods, sold through multiple channels in the food industry. Founded in 1987, GSB has grown from a gourmet neighborhood
Parallel49 Equity announces the acquisition of Certified Recycling (“Certified”). Certified is a leading provider of recycling and waste solutions services in Southern California. Matt Dalton, co-owner of Certified, says, “This transaction was a fantastic outcome for the company’s shareholders and employees. The investment from Parallel49 Equity presents our family’s