DALLAS, TX – January 10th, 2023 – Strait Lane Capital Partners, LLC (“Strait Lane”), a family-owned private investment firm, is pleased to announce that SLCP Holdings, LLC (“Holdings”) has acquired PXP Solutions, LLC (“PXP”). In conjunction with the transaction, Holdings executed a new senior credit facility provided by East West Bank.

PXP’s Chief Executive Officer, Bruce Jolesch said, “I am extremely happy and excited to be working with the Strait Lane team. As PXP continues to grow, Strait Lane’s operational and financial expertise will be of significant value. Together with Strait Lane, we intend to maintain our unwavering commitment to our clients by providing first-class customer service and product quality. PXP and Strait Lane share the same vision and are excited to execute on the various growth initiatives, including an increased salesforce and an expanded operational footprint in the near future, reducing production lead-times and increasing customer satisfaction.”

Strait Lane’s Co-Founder and Managing Partner, Warren Edwards, added, “We welcome Bruce and PXP to the Strait Lane family. We are very impressed with PXP’s operations and its focus on phenomenal attention to client service. Bruce has built and grown an impressive organization. We intend to provide the necessary support and resources allowing Bruce to do what he does best: cultivate instrumental customer relationships and provide unparalleled customer service and product quality.

“East West Bank is delighted to collaborate with Strait Lane and the management team at PXP,” said Evan Sultzbaugh, VP-Relationship Manager of Commercial Lending. “We look forward to continuing our strong relationship with Strait Lane through the closing of this transaction and supporting its future investments.”

About PXP Solutions, LLC

PXP Solutions LLC, headquartered in Dallas, Texas, is a world leader in apparel, merchandising, and branding. Known for our large format printing capabilities, fashion forward graphic design, and innovative special effects, PXP offers a complete finishing and fulfillment operation. PXP works with a network of distributors to serve various clients spanning local restaurants to fortune 500 companies.

Three words best describe PXP Solutions: Quality, Service, and Innovation. We Strive to ensure that every event, every product, and every promotion receives the highest grade of excellence. With cutting edge in-house capabilities ranging from graphic design, printing and sourcing, to fulfillment and distribution, we are truly a vertically integrated manufacturer.

About Strait Lane Capital Partners

Strait Lane is a Dallas-based, family-owned private investment firm.  Founded in 2009 by veteran executives Mark King and Warren Edwards, Strait Lane pursues investments in targeted industries in which the principals of the firm have significant operating and investing experience. Strait Lane employs a buy and build investment approach over a longer-term investment horizon, creating value by helping companies grow organically and through acquisitions.

About East West Bank

East West Bank, the largest independent bank headquartered in Southern California, provides financial services that help customers reach further and connect to new opportunities. East West operates over 120 locations in the United States and abroad. The Bank’s markets in the United States include California, Georgia, Illinois, Massachusetts, Nevada, New York, Texas, and Washington. For more information on East West, visit www.eastwestbank.com.