Pacific Mercantile Bank has provided a multi-million dollar credit facility to Performance Inflatables.
“Performance Inflatables has developed a world-class family of brands offering innovative solutions to complex engineering problems ranging from 36,000 feet below sea level in the Mariana Trench to the expanse of our solar system,” said Yuta Matsui, partner at Pinewell Capital, the private equity sponsor of Performance Inflatables. “Over the past several years, we have acquired and consolidated a number of the leading performance inflatables companies in the world under the Performance Inflatables umbrella and created an industry powerhouse that provides superior products and services to our customers across the world.”
“Pinewell Capital has successfully executed upon its business consolidation model with Performance Inflatables and built a very strong position in an attractive market,” said Rob Parks, senior vice president at Pacific Mercantile Bank. “We are excited to work with such a dynamic company and help it continue to build its leadership position.”
