Capitala Group Announces Investment in American Landscaping Partners, LLC
Capitala Group has announced a significant investment of $35.9 million in Cold Bore Capital to help establish American Landscaping Partners, LLC (ALP).
Sentiment and the balance of points
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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.
Details
News Market Reaction – CPTA
The recorded move for CPTA in the trading session of this news was +2.03%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
Contacts:
Steve Arnall
CFO | Investor Relations
sarnall@capitalagroup.com
Katina Cole Jakubowski
Marketing | Communications
kjakubowski@capitalagroup.com
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