Our current portfolio is an outstanding group of companies servicing diverse industries.
First Nations Capital Partners I, LLC – Current Portfolio Companies
Able Card, LLC
Able Card LLC acquired in 2009, was FNCP’s first portfolio investment. Able Card is a 30+ year-old company housed in a 53,000 sq. ft modern facility in Azusa, CA where it manufactures a full line of plastic cards for a variety of applications such as casino player cards, library cards, gift cards, loyalty cards, promotional cards, hotel room key cards, various ID cards such as for schools and tribal ID cards, ATM cards and membership cards. Able Card’s design team can help bring customer ideas to life and do so while offering unparalleled service and exceptional quality at an affordable price. The outstanding management team at Able Card each have over 20 years of experience in the print industry and their sales team are highly experienced experts ready to work with you today.
Everson Cordage Works
Everson Cordage Works In July, 2013, FNCP completed the acquisition of a majority interest in Everson Cordage Works from its founders, Ed and Larry Powers. Larry, who then managed the day-to-day operations for 8 ½ years and continued to hold a significant interest in the company. – retired at the beginning of 2022 at which time his interest was redeemed by the company. The company is now managed by three seasoned professionals who report directly to Mr. Upshur. Established in 1979, and housed in an 80,000 sq ft facility just outside Bellingham, WA, the company produces the highest quality twine and rope (cordage) for such diverse industries as fishing and marine, sports and recreation, equestrian and rodeo, government and military, safety, hammocks, parachutes, and even artwork and sculpture. Products are sold directly to OEMs and thru a network of 35 distributors to over 135 or so active accounts located across North America (including Alaska) and Canada.
First Nations Capital Partners II, LLC – Current Portfolio Companies
PRC Composites In January, 2015, FNCP II completed its first investment whereby it acquired control of this specialty manufacturer located in Ontario, CA. Previously named Plastics Research Corp (PRC), FNCP II renamed and re-branded this maker of customized shipping containers and other commercial products as PRC Composites. Major customers include General Atomics (the Predator drone), Boeing (the J-Dam smart bomb), UTC (Pratt and Whitney engine cowls) and the US Gov’t (PALCON). In 2015, the first year of FNCP II majority ownership, the company had revenue of $17 million. By 2021, company revenue exceeded $23 million with profitability increasing accordingly.
Advance Adapters LLC In January of 2017, FNCP II acquired a controlling interest in this Paso Robles, CA based manufacturer of specialized automotive after-market parts including the well known Atlas Transfer Case. Mike Partridge, the company’s President, continues to own a significant minority interest in the company which he ‘inherited’ from his father who founded the company along with another gentleman more than 45 years ago. Operating out of a 44,000 square ft modern facility, the company produces highly engineered drive train components and engine parts and mounts as well as exhaust headers and other related parts primarily used by the off-road enthusiast. The company sells its products to literally hundreds of specialized distributors, retailers and fabrication shops as well as directly to the consumer by way of a major internet retail business.
WCIS, LLC In October of 2021, FNCP II acquired a controlling interest in this Lebanon , OR based manufacturer of production equipment for the wood processing, recycling and energy industries. Its one-stop-shop experience provides comprehensive services including engineering, project management, procurement and manufacturing of complex material handling systems, installed professionally.