Cave Creek Capital (“CCCM”) is pleased to announce its investment in Air Waves LLC (“Air Waves”), a leading provider of on demand garment printing and fulfillment services. Air Waves services several major online retailers, including Amazon, Zulily and Walmart.com by offering thousands of creative, high quality apparel products with rapid turnaround time and “mass customization” capabilities unmatched by competitors. As apparel sales move online, Air Waves is uniquely positioned to offer products and services that enable E-tailers to improve their quality, selection and turnaround time for end customers.
CCCM’s recapitalization funded a repurchase of shares from Management, in conjunction with a strong team of investment partners, including Stewart Capital, C3 Capital, and Northwood Ventures.
Goldblum Lentz & Co (“GLC”), a leading Denver-based investment banking firm represented the buyer as financial advisor. During the process, GLC developed a strong rapport with the seller and was instrumental in guiding the transaction to a successful close. Paul Pickard of Stewart Capital commented, “GLC was critical in bringing this deal together. Not only did they make the initial introductions, but they played a central role in critical negotiations.” Marc Wolfram and William White, partners at Goldblum Lentz & Co, were lead on this transaction.