Blackstreet Capital Holdings Acquires the Assets of Premier Care in Bathing

6/14/16

CHEVY CHASE, Md.--(BUSINESS WIRE)--Premier Care, LLC, an affiliate of Blackstreet Capital Holdings, LLC (BCH), has acquired substantially all of the assets of Premier Baths, Inc. in a foreclosure sale under the Uniform Commercial Code. Premier Care, headquartered in South Daytona, FL, provides safe bathing solutions for seniors, veterans, those with limited mobility or people living with disabilities. The Company’s products proudly are made in the USA out of its manufacturing facility in Lexington, NC. BCH is run by Murry Gunty, Chief Executive Officer, and Lawrence Berger, Chief Investment Officer.

“Our partnership with BCH will enable Premier Care to be a leader and innovator in safe bathing solutions,” said the Company’s Chief Operating Officer, Tony Long. “With BCH’s investment, we look forward to enabling our customers to rediscover their independence while continuing to live at home with our walk-in bath tubs and showers.”

“We’re excited about the future of Premier Care,“ said Murry Gunty, CEO of BCH. “Through the outstanding work of Kevin Kuby, President, and Tony Long, COO, the business has a solid foundation and is poised for growth. Premier Care provides a wonderful, safe bathing solution for seniors, veterans or individuals with limited mobility or disabilities who would like to continue living at home.”

BCH is a diversified holding company that seeks investments in debt and equity of companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH seeks to invest in a range of industries including education, manufacturing, sports and entertainment, distribution, ecommerce, technology, and franchising.

About Blackstreet Capital Holdings, LLC

Blackstreet Capital Holdings, LLC is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, sports and entertainment, and direct-to-consumer. Mr. Gunty and Mr. Berger have deep experience buying companies that are either underperforming businesses, in out-of-favor industries or are undergoing some form of transition. BCH seeks investments in a range of industries, including education, manufacturing, sports and entertainment, distribution, ecommerce, and franchising.

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