Azalea Capital is a private equity firm based in Greenville, South Carolina, established in 1995. The firm specializes in investments in lower middle-market companies throughout the Southeastern United States, focusing on sectors such as manufacturing, aerospace, energy services, business services, consumer products, and healthcare. Azalea Capital engages in management buyouts, recapitalizations, divestitures, and growth capital investments, targeting companies with annual revenues between $10 million and $100 million and EBITDA ranging from $1 million to $10 million. The firm prefers to acquire both majority and minority stakes, often seeking board positions in its portfolio companies. It invests through common and preferred equity and also makes add-on investments without a minimum size requirement. Azalea Capital does not invest in startups and emphasizes structuring the balance sheets of its portfolio companies.
The Muffin Mam, Inc. manufactures and distributes baked goods to retailers and food service outlets. The company’s products include crème cakes, muffins, pound cakes, brownies, and angel food cakes. It also provides customize packaging solutions. The Muffin Mam, Inc. was founded in 1990 and is headquartered in Simpsonville, South Carolina.
Operator of natural products company intended for pets and companion animals. The company offers dental care, skin care, joint care and wellness product line that addresses remedy, health and lifestyle for dogs and cats and are developed in conjunction with leading holistic pet veterinarians, thereby giving them distinct points of differentiation in the marketplace.
The Jones history as meat cutters and butchers in the USA can be traced back sixteen decades to Stephen Jones, meat cutter in 1859 in Rome, New York, It moves down each generation from Jay W. Jones, meat cutter, moving to Clinton, Wisconsin in 1870, to Jay E. Jones, meat cutter, moving to Harvard, Illinois in 1902, to Robert M. Jones, meat cutter, opening Jones Packing Company in 1952 in Harvard, Illinois. With each new generation being trained in meat cutting and passing down the family tradition, Robert L. Jones worked in his father's meat packing plant until 1970.
ACL AirShop Inc. is a company that leases, sells, repairs, and manages unit load devices (ULD) for air carriers globally, including regions such as Europe, North America, South America, Africa, and Australia. The company offers a variety of products, including pallets, containers, air cargo pallets, fire containment covers, and pallet stacker products, while also manufacturing cargo nets and straps. Headquartered in Greenville, South Carolina, ACL AirShop operates manufacturing facilities in the United States and Europe, and has a significant presence in North America, Latin America, and Europe. The company's services cater to the needs of numerous leading passenger and air cargo carriers, ensuring they can effectively manage their aviation cargo requirements.
InTech Aerospace LLC, based in Houston, Texas, specializes in aviation technical and concierge services for airlines and government clients. The company provides a wide range of maintenance, repair, and operational services, focusing on on-site interior removals and installations. InTech Aerospace is adept at handling various components, including lavatory systems, coffee makers, composite and interior panels, galleys, bulkheads, and seating arrangements. Its expertise extends to the repair of essential aircraft parts such as toilets, sinks, floorboards, and seat covers, ensuring that both commercial and military aircraft meet operational standards.
Power Services Group, Inc. is a holding company based in Garden City, Georgia, that operates through its subsidiaries to provide a range of services for power plants. Established in 2012, the company specializes in the repair and maintenance of power generation equipment and machinery, ensuring optimal performance and reliability for its clients in the energy sector.
Modus LLC is a technology service provider based in Washington, D.C., specializing in support for corporate law departments and law firms. The company offers a comprehensive range of services that includes both onsite and remote data collection, encompassing evidence identification, harvesting, forensic imaging, and live data acquisitions. Additionally, Modus provides processing services that involve data analysis, metadata extraction, and quality control, among other tasks. The firm also facilitates hosting services, ensuring immediate data availability and advanced text analysis, while maintaining user security and project management capabilities. Modus LLC operates as a subsidiary of IVIZE Services, Inc.
5 Star Packaging is a provider of flexographic printing, converting, and laminating for both the industrial and consumer packaging markets. Chipboard boxes are the most widely used style of box for retail products. They implement digital printing technology for all types of products.
KLMK group
Private Equity Round in 2010
KLMK group provides health care construction services.The Company offers planning, analysis, implementation, management, and consulting services for health care facility construction projects. KLMK Group serves customers throughout the United States
SAGE Automotive Interiors, Inc. specializes in designing, developing, and manufacturing automotive interior solutions for various vehicle types, including cars, trucks, and SUVs. The company offers a range of interior fabrics used in seats, headliners, door panels, and consoles, catering to the needs of automotive manufacturers globally. Founded in 2009 and headquartered in Greenville, South Carolina, SAGE operates additional facilities in North America, Brazil, China, Europe, India, Japan, Korea, and Thailand. Formerly known as Milliken Automotive Division, it is now a subsidiary of Asahi Kasei Corporation. SAGE Automotive Interiors is recognized for its innovative designs and engineering capabilities, providing high-quality products and services to enhance the automotive interior experience.
ETAK Systems Inc. provides battery, DC power, DAS, drone flights, LTE and small cell installation and testing services, as well as site audit services for wireless carriers in the United States. The company’s battery services include battery visual inspections, conductance and resistance measurements, site photography, analysis and reporting, neutralizing, cleaning, battery strap tear downs, and power alarm testing services. It offers power plant installation, LTE deployment, new build, hot swap, and other works inside/outside of the maintenance window; drone flight services for wireless and energy industries, including inventory/warranty audits, pre-installations audits, post-installation audits, and real estate surveys; installation, fiber jumpers handling, and PIM testing services for LTE systems; and servicing and installing small cells. ETAK Systems Inc. was founded in 1997 and is headquartered in Charlotte, North Carolina. It has operations in Atlanta, Georgia; Charlotte, North Carolina; Chicago, Illinois; Columbus, Ohio; Los Angeles, California; DC/Baltimore, Maryland; Richmond, Virginia; and Seattle/Portland, Washington.
Sunbelt Chemicals
Private Equity Round in 2007
Sunbelt Chemicals is a distributor of branded and private label chemicals for the consumer and professional market. It offers products and chemicals for all commercial and residential pools as well as a broad range of detergents, cleaners, surface treatment, and preparation products for the home improvement, grocery, and automotive markets. The company was founded in 1982 and is based in Palm Coast, Florida.
5 Star Packaging is a provider of flexographic printing, converting, and laminating for both the industrial and consumer packaging markets. Chipboard boxes are the most widely used style of box for retail products. They implement digital printing technology for all types of products.
Spartan Foods of America, Inc., operating under the brand Mama Mary's, specializes in the production of gourmet pizza crusts and related products. Founded in 1986 and based in Spartanburg, South Carolina, the company offers a variety of pizza crusts, including flatbread, stone-fired, and gluten-free options, as well as pizza sauces and gourmet pepperoni. Its products are distributed through supermarkets across the United States, the Caribbean, Mexico, and Canada. As of mid-2015, Spartan Foods operates as a subsidiary of B&G Foods Inc.
Canterbury Engineering is a supplier of engineered parts used by manufacturers of plastic and rubber products. The company's products consist of replacement parts and include feed screws, barrels, crossheads, and tools for wire and cable, medical tubing, and plastic pipe and hose extrusion, as well as feed screws and barrels for injection molding.
Power Equipment Maintenance providers of maintenance and modification services to the power generation industry. President and CEO Keith W. Ravan founded Power Equipment Maintenance in Anderson, South Carolina in 1996 with a vision of being a quality, performance driven provider of solutions with an end result of customer satisfaction. PEM has experienced exceptional growth and success in providing high quality services, safely to the power generation industry. PEM has developed into a full service provider to the power generation industry in four core business areas: Nuclear Fossil Hydro Wind Specialized services offered to their customers include turbine / generator inspection and repair, turnkey projects, contract maintenance, staff augmentation, equipment repair & refurbishment and installations. Their core capabilities include outage execution services, turbine / generator services, staff and technical augmentation, balance of plant services, equipment repairs and refurbishing, process piping, equipment installations, total scope and supplemental maintenance.
Tekgraf
Private Equity Round in 2001
Tekgraf is a master distributor for products from Epson, HP, Canon and others and serving a base of some 150 resellers.
Industrial Specialty Fabrics
Private Equity Round in 2001
Industrial Specialty Fabrics is a manufacturer of engineered, wide woven substrates to the mechanical rubber goods market.
Designer and manufacturer of flexible packaging, specialty plastic films, and value-added plastic films catering to food and beverage, medical and industrial markets. The company's product line includes bags, can liners, perforated sheets, pallet covers, vacuum bags, lidding stocks, protective masking films, and sealant layer films, thereby providing custom-engineered solutions to solve the toughest flexible packaging challenges.
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