Blue Highway Capital, headquartered in Philadelphia, Pennsylvania, is proud to announce its September 3, 2021 growth equity investment in Rico Industries, Inc., a sports and entertainment memorabilia manufacturer and distributor.
Located in Heath Springs, South Carolina, Rico Industries is a fourth-generation family-run business with over 140 employees. The Company’s products are manufactured and assembled in its 120,000 square foot facility and are distributed through a variety of channels.
“We’re grateful to Rico and its founding family for allowing Blue Highway to partner in its growth,” said Christine Jones, Managing Partner of Blue Highway Capital. “As the first outside investor in the Company’s history, we appreciate the unique opportunity we have to be part of Rico’s legacy.”
“Our 90 years of combined experience at Rico has taught my brother and I the importance of finding the right partners,” said Cary Schack, President of Rico. “As owners we look forward to taking the next steps ahead in our evolution by matching the ingenuity of our team with the experience of Blue Highway Capital.”
For more information, please visit www.ricoinc.com.