Home / Knowledge / News / Apparel/Garments / Perfection Uniforms closes on new senior debt facility
Perfection Uniforms closes on new senior debt facility
May '11
Perfection Uniforms LLC, the leading innovator in Police, Fire, EMS and DNR uniforms, has closed on a new senior debt facility as provided by First Capital. This new senior debt financing follows the August 2010 acquisition of Perfection Uniforms by SteveCo, LLC, a holding company controlled by Steve D. Olesky and Steve M. Gilkeson, the current and long time senior executive officers of Perfection Uniforms.

Steve Olesky, President of Perfection Uniforms, states: “With our new senior debt relationship with the First Capital team, we now have the necessary capital financing availability to pursue the Perfection Uniforms growth strategy aggressively going forward and importantly, the means to realize our full potential. We are very grateful to First Capital and our investors for their support and for their recognition and understanding of our vision for the future growth of Perfection Uniforms.”

Perfection Uniforms, a premium brand of Police, Fire, DNR and EMS uniforms, is known for its innovative product development initiatives which have resulted in a designation as one of Apparel magazine's “Top 50 Most Innovative Companies.” Additionally, Perfection Uniforms has held the Uniform Market's UNIVATOR award for five consecutive years by successfully applying the best that technology has to offer, to enhance uniform image, comfort, and performance.

Steve Gilkeson, CMO, notes: “We will continue to pioneer new concepts such as our groundbreaking eco-responsible MtxEcoSeries uniforms. Furthermore, with this new capital financing commitment by First Capital, we will continue to strengthen our marketing presence to agencies across the US and Canada now that Perfection Uniforms directly controls its marketing and sales functions as transitioned since our purchase of our Company back in August 2010.”

Perfection Uniforms was represented and assisted in this transaction by:

Mark B. Frost of Frost & Co., LLC, a boutique investment banking firm, headquartered in Nashville, Tennessee. Frost & Co. advised Perfection Uniforms and arranged the financing. An affiliate of FrostCo is also a co-owner of Perfection Uniforms.

Tracy A. Powell and Gregory J. Pease of Nashville based law firm Sherrard & Roe PLC, served as counsel to Perfection Uniforms.

First Capital, founded in 1987, is a specialized commercial finance company providing working capital lines of credit to small and medium sized US companies.

Perfection Uniforms LLC

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search