Community Bankers try variable pay confab - Atlanta Business Chronicle:

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, whose business focuses on alternative energy, begam raising the funds on May 27, the filinb states, through options and warranta oncompany stock. Parties involved in the deal includweMarion Smith, Renewvia CEO; George Jarrard III; and Henrty Gregory Jr. The compang has raised $1 million of the offerin g thus far, with $944,000 left to sell to prospectiver investors, the filing states. Atlanta-based LLC has purchased two lightintg companies with operations across the and the deal is financed by a local mezzanine investor. Toxaway Capital has acquired the operationdof Houston-based and Ltd., a United Kingdo company.
The companies sell and service marine navigationa l lightingat ports, harbors, oil rigs, towers and buoys. Termzs of the deal were not but locally basedinvested $4 million in subordinated mezzanine financing in the Toxaway’s two new acquisitions bring the private equity firm’e total number of investments to five. The firm investzs in Southeastern companies with lessthan $50 million in total focusing on distribution, servicwe and lighting businesses.