Capitala Group Announces Investment in American Landscaping Partners, LLC

Rhea-AI Summary

Capitala Group has announced a significant investment of $35.9 million in Cold Bore Capital to help establish American Landscaping Partners, LLC (ALP). This funding consists of a senior secured debt facility and minority equity, aimed at supporting ALP's growth by acquiring additional landscaping businesses across the U.S. Based in Nashville, TN, ALP operates in the residential and commercial landscaping sectors. Capitala has invested over $2.0 billion in approximately 170 companies since its inception in 1998.

Positive

• Investment of $35.9 million supports growth of American Landscaping Partners.
• Capitala has a long history of investing over $2.0 billion in 170 companies.

Negative

• None.

CHARLOTTE, N.C., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Capitala Group (“Capitala”), a provider of capital to lower middle market companies, announced today that it recently originated a combination of a senior secured debt facility and minority equity totaling $35.9 million to support Cold Bore Capital in the formation of American Landscaping Partners, LLC (“ALP”).

Based out of Nashville, TN, ALP is an owner and operator of residential and commercial landscaping services businesses across the United States. Capitala’s investment will help fund the company’s next phase of growth as it looks to acquire additional landscaping companies across the country.

About Capitala Group

Capitala Group is an asset management firm that has been providing capital to lower middle market companies throughout North America for over twenty years. Since our inception in 1998, Capitala has invested over $2.0 billion in approximately 170 companies and seeks to partner with strong management teams to create value and aims to generate superior returns for our individual and institutional investors. For more information, definitions and details visit our website at www.CapitalaGroup.com

Contacts:
Steve Arnall
CFO | Investor Relations
sarnall@capitalagroup.com

Katina Cole Jakubowski
Marketing | Communications
kjakubowski@capitalagroup.com

FAQ

What is the recent investment made by Capitala Group in 2021?

Capitala Group invested $35.9 million in Cold Bore Capital to establish American Landscaping Partners, LLC.

What will the $35.9 million investment by Capitala Group be used for?

The investment will support American Landscaping Partners in acquiring additional landscaping businesses across the United States.

Where is American Landscaping Partners, LLC located?

American Landscaping Partners, LLC (ALP) is based in Nashville, TN.

How long has Capitala Group been providing capital to companies?

Capitala Group has been providing capital to lower middle market companies for over 20 years.

How much total investment has Capitala Group made since its inception?

Since its inception in 1998, Capitala Group has invested over $2.0 billion.