Capitala Group Leads $37.0 Million Investment in Installs LLC
June 27 2018 - 7:45AM
Business Wire
Capitala Group (“Capitala”), a provider of capital to lower and
traditional middle market companies, announced today that it
recently originated and led an investment of senior secured debt
totaling $37.0 million in Installs LLC (“Installs”). Capitala made
its original investment in Installs alongside Graycliff Partners in
2016.
With major operations in Edison, New Jersey and Buffalo, NY,
Installs is a leader in last-mile delivery, assembly, installation,
warehousing and direct fulfillment services. Installs utilizes 23
strategically located warehouses across North America to service a
variety of customers including eCommerce and traditional retailers.
Capitala’s investment will help fund the company’s next phase of
growth.
About Capitala Group
Capitala Group is a leading provider of capital to lower and
traditional middle market companies. Since 1998, Capitala Group has
grown to be a $2.7 billion investment firm whose managed funds have
invested in over 145 businesses in a variety of industries
throughout North America. Capitala’s approach to investing, whether
in its growth fund strategy or its lower middle market credit
strategy, has proven to be a reliable and attractive financing
solution to our partners. Capitala Group manages both public
capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital
(Capitala Private Credit Fund V, L.P.; CapitalSouth SBIC Fund IV,
L.P.; and Capitala Specialty Lending Corp.) for institutional and
individual investors, and seeks to partner with strong management
teams to create value and serve as long term partners. For more
information visit our website at www.CapitalaGroup.com.
About Graycliff Partners LP
Graycliff Partners is an investment firm focused on lower middle
market investments. Graycliff seeks to partner with companies led
by strong, entrepreneurial management teams, providing capital for
acquisitions, management buyouts, recapitalizations, growth and
expansion. For more information about Graycliff Partners visit
www.graycliffpartners.com.
Forward-Looking Statements
This press release contains certain forward-looking statements.
Words such as “believes,” “intends,” “expects,” “projects,”
“anticipates,” and “future” or similar expressions are intended to
identify forward-looking statements. These forward-looking
statements are not guarantees of future performance, condition or
results and involve a number of risks and uncertainties. Actual
results may differ materially from those in the forward-looking
statements as a result of a number of factors, including those
described from time to time in the Capitala’s filings with the
Securities and Exchange Commission. Capitala Finance Corp.
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20180627005266/en/
Capitala GroupSteve Arnall, 704-376-5502Chief Financial
Officersarnall@capitalagroup.com
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