December 21, 2022
VC5 Partners, LLC (“VC5”) is pleased to announce the successful sale of our portfolio company, Rayne Staffing, LLC (“Rayne”), to White Wolf Capital (“White Wolf”) through their new platform Critical Energy Infrastructure Services, LLC (“CEIS”), formed to acquire U.S. based companies focused on serving the critical energy infrastructure industry.
Rayne Staffing, a leading provider of engineering, construction management, and skilled trades professionals, has experienced impressive growth under VC5 Partners’ guidance and investment over the past five years. We are proud of the hard work and dedication of the Rayne team and are confident that the company will continue to thrive under the leadership of White Wolf Capital.
Phil Vanderslice, Managing Partner at VC5, said, “We are excited to see Rayne Staffing join forces with White Wolf Capital. The combination of Rayne’s expertise in providing highly specialized engineering, construction management, and skilled trades professionals with White Wolf’s successful track record of taking companies to the next level is a perfect fit. We have no doubt that this partnership will bring tremendous growth and success for both companies.”
Elie P. Azar, Managing Director of White Wolf, added “The Rayne team has developed tremendous relationships within the energy infrastructure sector over its history and we believe our partnership will provide the Company with access to additional capital and resources to execute on their growth aspirations. We are thrilled to partner with the Rayne team and help them achieve their next phase of growth.”
VC5 Partners would like to thank the entire Rayne team for their incredible commitment, effort, and contributions to the company’s success, and we look forward to seeing the company continue to grow and succeed in the future.
This acquisition demonstrates the strength of the relationship between VC5 Partners and our portfolio companies. We are committed to supporting the growth and success of these companies through strategic investments and partnerships.
We are excited to see what the future holds for Rayne and White Wolf Capital, and we look forward to continuing to work with and support the growth of innovative startups.
About VC5 Partners
VC5 Partners is a private investment firm founded in 2011. We specialize in providing early-stage investments in entrepreneurs and companies in a variety of industries. At VC5 Partners, we believe in the power of hardworking entrepreneurs and are dedicated to helping them succeed.
We understand that starting and growing a business can be overwhelming, with numerous tasks and responsibilities competing for an entrepreneur’s time and attention. That’s why we offer support beyond just financial investment, offering coaching and mentorship, and managing all aspects of back-office functions and other distractions that may get in the way of an entrepreneur’s success.
Our goal is to give entrepreneurs the freedom to focus on their business ideas and the business itself, while we handle everything else. By working closely with our portfolio companies, we strive to create a partnership that allows them to achieve their full potential.
VC5 Partners is always on the lookout for hardworking entrepreneurs with innovative ideas and a passion for success. If you are looking for a partner to help you focus on what matters most, we would love to hear from you.
For further information, please visit https://www.vc5partners.com
About CEIS
CEIS is a holding company that was formed by White Wolf Capital to partner with and acquire U.S. based companies focused on providing human capital solutions and services to power generation customers, including utilities, nuclear facilities, and government agencies with revenues of $10 million to $100 million. For further information, please visit: http://www.ceis.com
About Rayne
Rayne Staffing is a Houston-based staffing company focused on recruiting and providing highly specialized engineering, construction management, and skilled trades professionals on a contract, contract-to-hire, and direct placement basis. Rayne serves a variety of end markets, including utilities, nuclear power generation, renewables, manufacturing, chemicals, construction, and more. For further information, please visit: http://www.raynestaffing.com
About White Wolf
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle-market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with up to $200 million in revenues and up to $20 million in EBITDA. Typical situations include management buyouts leveraged buyouts, recapitalization, and investments for growth. Preferred industries include manufacturing, business services, government services, infrastructure services, information technology, security, aerospace, and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: http://www.whitewolfcapital.com.