Azalea Capital
Azalea Capital is a private equity firm based in Greenville, South Carolina, founded in 1995. The firm specializes in investing in lower middle-market companies, focusing on management buyouts, recapitalizations, divestitures, and growth capital investments. It targets firms with annual revenues between $10 million and $100 million and EBITDA ranging from $1 million to $10 million. Azalea Capital primarily invests in sectors such as business services, industrial services, manufacturing, healthcare, consumer products, and aerospace, with a particular emphasis on companies located in the Southeastern United States. The firm seeks to acquire both majority and minority stakes and typically prefers to hold a board position in its portfolio companies. Azalea Capital invests in privately held operating companies through common and preferred equity, and it also engages in add-on investments without a minimum size requirement.
Private Equity Round in 2018
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.
Private Equity Round in 2016
ACL AirShop Inc. specializes in leasing, selling, repairing, and managing unit load devices (ULD) for air carriers across various regions, including Europe, North America, South America, Africa, and Australia. The company offers a diverse range of products such as pallets, containers, fire containment covers, and pallet stackers, as well as manufacturing cargo nets and straps. Headquartered in Greenville, South Carolina, ACL AirShop operates manufacturing facilities in the United States and Europe, supported by a strong operational presence in North America, Latin America, and Europe. The company serves numerous prominent passenger and air cargo carriers, delivering unique products and services tailored to the needs of the aviation industry.
Private Equity Round in 2009
Sage Automotive Interiors develops and manufactures innovative automotive bodycloth and headliners preferred by automotive manufacturers around the world. They have established a reputation for being on the cutting edge of design and engineering, with technical capabilities supported by world-class manufacturing. With Sage Automotive Interiors, you'll get the same quality products, experienced people, outstanding service and technological know-how you'd expect, plus a new outlook, new options and a fresh commitment to being a truly global organization, servicing customers in every hemisphere and every time zone.
Private Equity Round in 2005
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.
Private Equity Round in 2003
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.