FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Capitala Group Announces Investment in Installs, Inc.

November 07, 2016, 07:48 AM
Filed Under: Technology

Capitala Group, a middle-market provider of public and private capital, announced that CapitalSouth SBIC Fund IV, L.P. (the “CapitalSouth Growth Fund”) invested a combination of debt and equity in Installs Inc., LLC (“Installs” or the “Company”), in support of Graycliff Partners’ investment in the Company.

Headquartered in Buffalo, New York, Installs is a national provider of last mile logistics services for major retail chains and e-commerce businesses. Founded in 1994, Installs was the first national independent installation services provider of consumer electronics and appliances and currently maintains one of the largest networks of multi-skilled independent and certified technicians. This fully-vetted nationwide network of 3,400 technicians, combined with the company’s proprietary software system and 150+ employee contact center, allows retailers to outsource their complex installation and delivery dispatch needs across every zip code in the continental United States.

“We are excited to partner with management and Graycliff Partners on this deal to elevate Installs to the next level,” said Joe Alala, Chairman and CEO of Capitala Group. “Installs has a powerful vision for their future, and they have proven themselves committed to their customers and service capabilities with their ongoing customer base growth.”

K&L Gates LLP acted as legal counsel to CapitalSouth Growth Fund.

Capitala Group is a leading provider of capital to lower and traditional middle-market companies, through its family of credit focused funds. Since 1998, Capitala Group's managed funds have participated in over 133 transactions, representing over $1.2 billion of investments in a variety of industries throughout North America. Capitala Group manages both public capital and private capital for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners.

CapitalSouth Growth Fund and its CapitalSouth Partners predecessors were founded in 1998 to provide financial solutions to lower middle market companies. The CapitalSouth Growth Fund invests in mature companies, making debt and equity investments typically between $2 million and $10 million and invests in a variety of industries throughout the United States.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.