BNET Industries

Last Fiscal Year Sales:$13.0M
  • Private
  • US
Dow Jones Description

Candy & Other Confectionery Products

Number of Employees 115
Contact Information

213 Candy Ln

Boone, North Carolina 28607

www.hospitality...

(828) 264-3045

NAICS Code Nonchocolate Confectionery Manufacturing: 311340

Recent Events

  • Consumer Demand Drives Leading Hospitality Manufacturer to Launch PartySweets.com. Affordable Personalized Candy Favors and...

    11/11/09 - Product Announcement - View Story

News & Analysis

hospitality mints llc - All News and Analysis

Decision Makers

Name (plus bio) Position
Allen Peterson CEO
Conley Stegal Vice President
MICHAEL J FAREMOUTH Director

Board of Directors

Name (plus bio) Position
Randall M Kob Board Observor
Eric Bacon Chairman of the Board
Douglas Kelley Board Member
Kyle Bradford Board Member

Organization Position Status
Hospitality Mints LLC CEO Current

Organization Position Status
Hospitality Mints LLC Vice President Current

Organization Position Status
Prudential Capital Group Managing Director Current
Hospitality Mints LLC Board Observor Current
Tepsco Board Observor Current
Pricoa Capital Group Current
Tepsco Board of Directors Current
Hospitality Mints LLC Board of Directors Current
University of Missouri MBA Former
Eastern Illinois University BS Former

Organization Position Status
Linsalata Capital Partners Senior Managing Director Current
Adorn LLC Chairman of the Board Current
Hospitality Mints LLC Chairman of the Board Current
Royal Baths Manufacturing Co. Director Current
Diversco Holdings Inc. Director Current
Overton's Inc. Director Current
Neff Motivation Inc. Director Current
Augusta Sportswear Inc. Director Current
Care and Company President and Chief Operating Officer Former
McKinsey & Company, Inc. Consultant Former
Stanford University M.B.A. Degree Former
Albion College Bachelor of Arts Former

Douglas Kelley joined American Capital’s Dallas office in 2004 and is a Principal in the Sponsor Finance Group. He is responsible for originating, executing, and managing debt and minority equity investments in partnership with other financial sponsors. Mr. Kelley has made debt and equity investments in private companies within a range of industries including food, healthcare, technology, and energy services. Mr. Kelley serves on the board of directors or as board observer of several American Capital investments, including Corrpro, Hospitality Mints, CreditCards.com and Direct Mail Holding. He previously served on the board of directors of BPWest. Prior to joining American Capital, Mr. Kelley was an Associate at J.P. Morgan in its Los Angeles-based investment banking practice; was an Associate and founding member of the Los Angeles office of The Beacon Group, a New York-based merchant banking firm which managed over $2 billion of private equity capital and provided strategic advisory services to both middle-market and Fortune 500 clients; and was a Financial Analyst in the New York-based leveraged finance group of Credit Suisse First Boston. Mr. Kelley holds M.B.A. and B.B.A. degrees from the McCombs School at The University of Texas at Austin.

Organization Position Status
American Capital Strategies, Ltd. Principal, Sponsor Finance Current
Hospitality Mints LLC Board Member Current
Elmer's Products, Inc. Analyst Former
Beacon Group Associate Former
Focus Strategies, LLC Analyst Former
Corrpro Companies, Inc. Board of Directors Former
The University of Texas M.B.A. Former
The University of Texas B.B.A. Former
Beacon Group Member Former

Kyle Bradford joined American Capital in March 2002 and is a Principal in the Dallas Buyout Group. He is responsible for originating, executing and managing investments in middle-market companies across a variety of industry sectors, including healthcare services, life sciences, and consumer products, among others. Mr. Bradford currently serves on the board of directors of American Capital portfolio companies Future Food and The Meadows and is a board observer of Scientific Protein Laboratories. Prior to joining American Capital, Mr. Bradford worked in the Technology Investment Banking Division of Salomon Smith Barney in New York. At Salomon, Mr. Bradford specialized in equity and debt underwriting and merger and acquisition advisory assignments for companies in various technology sectors. Before Salomon, he worked in the Syndicated Finance Group of Banc of America Securities in New York. Mr. Bradford received a Masters in Professional Accounting and a Bachelors of Business Administration from the University of Texas at Austin.

Organization Position Status
American Capital Strategies, Ltd. Principal, Buyouts Current
Hospitality Mints LLC Board Member Current
Banc of America Securities LLC NA Former
Salomon Smith Barney, Inc. Former
Salomon Smith Barney Former
The University of Texas at Austin Masters in Professional Accounting Former
The University of Texas Masters In Professional Accounting Former
The University of Texas Bachelors of Business Administration Former
The University of Texas at Austin Bachelors of Business Administration Former

Mr. Faremouth's responsibilities include acquisition searches, due diligence, negotiations, financing and Portfolio Company oversight. He serves on the Transtar Holding Company and the Harden Manufacturing Corporation oversight teams. Before joining Linsalata Capital Partners in 2005, Mr. Faremouth spent two years at the Matco Tools subsidiary of Danaher Corporation where he was a Product Manager. While there, he was responsible for profit and loss, new product introductions, market research and business strategy for the Hardline product category. Mr. Faremouth began his professional career at Ernst & Young where he spent six years and rose to the level of Manager. At Ernst & Young, he spent four years in the Audit practice working on manufacturing and distribution companies followed by two years in the Litigation Advisory Services practice working on lost profits analysis and post-acquisition disputes. Mr. Faremouth has a Bachelor of Business Administration degree in Accounting from the University of Michigan and an M.B.A. from the Darden School at the University of Virginia. He is a Certified Public Accountant.

Organization Position Status
Linsalata Capital Partners Vice President Current
Harden Manufacturing Corp. Current
Hospitality Mints LLC Director Current
Matco Tools Corp. product manager Former
Danaher Corporation Former
University of Virginia M.B.A. Former
Darden Graduate School of Business Administration M.B.A. Former
University of Michigan Bachelor of Business Administration Degree In Accounting Former
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