Nashville-based Harpeth Capital has announced it advised in the placement of a $15 million senior credit facility for Osprey Minerals Mine.
Synovus Bank provided the financing.
Based in Mt. Croghan, South Carolina, and founded in 2018, Osprey Sands (which does business as Osprey Minerals Mine) is a surface sand mine that digs, washes, processes and mixes concrete, mortar, and asphalt in addition to dozens of specialty sands (e.g., for golf courses).
Osprey Sands primarily serves the growing Charlotte market — concrete and asphalt infrastructure companies — along with golf and athletic facilities, building contractors, and lawn and garden suppliers.
“We greatly enjoyed the opportunity to … explore opportunities to expand Osprey Sands’ holdings and offerings,” Adam Landa, Harpeth Capital managing director, said in a release.
In addition, Harpeth Capital announced its Harpeth Ventures Opportunity Fund participated in San Francisco-based health care benefits technology company Venteur’s recent $20 million Series A funding round.
According to a release, the round was led by Informed Ventures and American Family Ventures, with participation from Morgan Health, Ingeborg Investments, Catalyst by Wellstar, Plug and Play, Revelry Venture Partners, Houghton Street Ventures and Techstars.
Stacy Edgar serves as co-founder and CEO of Venteur.
“With our relationship-driven approach, we were fortunate to meet Stacy in early 2024 and have followed their growth closely,” Chuck Byrge, Harpeth Capital president, said in a release.
“We couldn’t be more excited about their future and the tailwinds driving ICHRA (individual coverage health reimbursement arrangement) adoption.”
Franchise industry veteran Shelly Sun Berkowitz has announced the launch of Founder 2 Founder, an advisory firm designed to help company founders grow, plan for succession, and navigate sales of their businesses.
Shelly Sun Berkowitz
Courtesy of Shelly Sun Berkowitz
Berkowitz, the founder of the BrightStar Care brand, said in a release Founder 2 Founder offers guidance for company founders targeting $5 million or more in EBITDA within 24 months.
“Selling part or all of your business is never just a financial decision. It’s personal. It’s emotional. And it’s incredibly complex,” Berkowitz said in the release.
“Having built and sold a national franchise brand, I’ve lived it. And now I’m here to help others do the same with clarity and confidence.”
Berkowitz launched BrightStar Care, a national home health care and medical staffing company, in 2002 and grew it into a franchise system with more than 400 locations, employing over 20,000 professionals and generating $750 million in system-wide revenue.
In early 2025, Berkowitz sold a majority stake in BrightStar to Peak Rock Capital. She remains a material shareholder and board member.
American Rebel inks deal with Minuteman Food Mart
Nashville-based American Rebel Holdings has announced additional retail expansion for its beverage division.
Specifically, and according to a release, American Rebel Light Beer has secured retail authorization in 62 Minuteman Food Mart locations across North Carolina and South Carolina.
Financial terms of the deal were not disclosed in a release.
Minuteman Food Mart, operated by Campbell Oil Company, was founded in 1976 and is found primarily in the Carolinas.
“We’re fired up to partner with Minuteman Food Marts to bring American Rebel Light to even more proud Americans,” said Todd Porter, President of American Rebel Beverage. “This milestone reflects our commitment to celebrating American values while fueling our rapid growth in key Southeastern markets.”
American Rebel bills itself as a designer, manufacturer and marketer of branded safes, personal security and self-defense products and apparel.
