Capitala Group’s Growth Fund Announces Successful Exit of BTM
November 13 2019 - 7:45AM
Capitala Group (“Capitala”), a provider of capital to lower middle
market companies, is pleased to announce that CapitalSouth Growth
Fund IV, L.P. has had a successful exit from its investment in BTM
Company, LLC. (“BTM”), a manufacturer of sheet metal joining
systems and products for automation.
Headquartered in Marysville, Michigan, BTM is a global leader in
the design and engineering of specialty presses, production
systems, precision tooling and work holding equipment. For over 50
years, BTM has provided customers with innovative equipment and
tooling in the sheet metal industry.
“Capitala first invested in BTM in June 2015 and this
partnership provided necessary capital and insights to advance BTM
to the next phase of growth,” stated Adam Richeson, Managing
Director at Capitala Group. “This is a great example of our growth
capital strategy at work and we wish them continued success in the
future.”
About Capitala GroupCapitala Group is a $3.0
billion asset management firm that has been providing capital to
lower middle market companies through its credit, growth and equity
investment strategies throughout North America for twenty years.
Since its inception in 1998, Capitala has invested in over
150 companies and seeks to partner with strong management
teams to create value and generate superior risk-adjusted returns
for its individual and institutional investors. For more
information, definition and details visit Capitala Group’s website
at www.CapitalaGroup.com.
Contacts:
Steve ArnallCFO | COO sarnall@capitalagroup.com
Katina Cole Jakubowski Director of Marketing
kjakubowski@capitalagroup.com
SOURCE: Capitala Finance Corp.
Capitala Finance (NASDAQ:CPTA)
Historical Stock Chart
From Apr 2024 to May 2024
Capitala Finance (NASDAQ:CPTA)
Historical Stock Chart
From May 2023 to May 2024