Harpeth Capital is pleased to announce it provided advisory services to the Board of Directors of Fort Lee, NJ-based Pioneer Power Solutions, Inc. (NASD:PPSI) in support of the company’s sale of its Pioneer Custom Electrical Products, LLC business unit to Mill Point Capital. Additional information on the transaction is available here.

“We appreciate Harpeth Capital stepping up on a compressed timeframe to assist the company with additional analyses to allow for the transaction to proceed as planned,” said Nathan Mazurek, Chairman and CEO. Chuck Byrge, President, added, “This marks the third instance across two public companies in which we have had the opportunity to work with Nathan. We congratulate Pioneer on this important transaction.”

This assignment illustrates another example in which Harpeth Capital has assisted a micro-cap public company with a fairness opinion or other analyses in support of their strategic initiatives.