News

Parkway Capital Announces Investment in Stokes Counseling

Parkway Capital (“Parkway”) is pleased to announce an investment in EBH Counseling Management, LLC (dba Stokes Counseling) (“Stokes” or the “Company”). Parkway invested subordinated debt and equity in supporting the recapitalization of Stokes led by Eads Bridge Holdings (“EBH”) and management.

About Stokes Counseling

Founded in 2011, Stokes provides mental health counseling to individuals, families, couples, and groups in the state of Connecticut. Headquartered in Naugatuck, CT, Stokes offers in-person and telehealth counseling services to its patients. The Company specializes in treating depression, anxiety, and PTSD with particular expertise in tailoring care for individuals in the LGBTQ+ community and families experiencing foster care or adoption challenges. In partnering with the management team and Eads Bridge Holdings, Parkway is excited to support the Company’s growth initiatives.

For more information, please visit https://stokescounseling.com/ and read EBH’s announcement about the investment here

About Parkway Capital

Since 2000, Parkway Capital has made investments in partnership with management, funded and independent equity sponsors, and family offices, providing flexible junior capital alternatives for lower middle market companies. Joining forces with the Calvert Street Capital Partners team in 2019, Parkway has an experienced, mezzanine-focused investment group that continues a more than two-decade long legacy of making mezzanine and minority equity investments. The Parkway investment professionals have collectively invested more than $500 million of capital across 70+ portfolio companies.