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Paisley Capital is a private investment partnership between two experienced operating and finance professionals. Paisley invests in small- to medium-sized businesses located in the upper Midwest.

Investment Criteria

  • Revenue of $5 to $50 million or EBITDA > $500,000
  • Preferably located in the upper Midwest (Minnesota, Iowa, Wisconsin, Dakotas)
  • Private companies across all industries
  • Companies in need of ownership transition, capital, operational assistance and/or reorganization
  • 100% buyout, majority or minority investments

Our Partners

Brad McDowell

Brad’s primary skills center around sales, marketing, strategy and general management. Prior to Plastic Resource, Brad worked in in private equity, investment banking and commercial finance. Brad graduated with B.A. in economics from Carleton College and was a member of the football team. Brad is married with three grade-school-age children.

Steve Chesley

Steve’s primary skills center around finance, accounting, information technology and general management. Prior to Plastic Resource, Steve owned and operated a commercial truck dealership with over 200 employees. Steve graduated with B.S.B. in finance and an M.B.A from the University of Minnesota and was a member of the golf team. Steve is married with two high-school-age children.

Investments

In 2020, Paisley Capital acquired Intelligere Solutions, Inc. (www.intelligeresolutions.com), a provider of interpretation services to limited English proficiency ("LEP") patients in hospitals, clinics, and other health care environments. Intelligere's business suffered substantial disruption and financial impairment related to the COVID-19 pandemic. Paisley worked with Intelligere's owners, senior and subordinated debt holders, and unsecured creditors to recapitalize the business and position it for future growth. In 2021, Intelligere combined with another Minnesota-based language service provider, ARCH Language Solutions, Inc., Thereafter, Intelligere was acquired by Propio, LLC, a leading national language service provider.

In 2011, Steve and Brad acquired Plastic Resource (www.plasticresource.com), a short-run, quick-turn manufacturer of stored value cards and key tags (e.g. gift, loyalty, membership) from its creditors. The transaction not only satisfied the owners’ personal credit obligations, but also ensured the company was sufficiently capitalized to continue operations. During Steve’s and Brad’s 8 years of ownership, Plastic Resource organically grew revenue 150%. In 2019, Plastic Resource was acquired by a card printing company that intends to use Plastic Resource’s complimentary market niche as a platform for growth.