MSouth Equity Partners

MSouth Equity Partners is a private equity firm based in Atlanta, Georgia, founded in 2007. The firm focuses on acquiring, managing buyouts, and recapitalizing lower middle-market companies, particularly in the southern United States, spanning from Texas to Virginia. MSouth specializes in investments across various sectors, including distribution, niche manufacturing, business services, telecommunications, and media. The firm aims to identify and invest in lower mid-market and distressed opportunities, leveraging its expertise to enhance the value of its portfolio companies.

Bacon Jr., CPA, CPA, David F.

Partner

Barry L. Boniface

Partner

John L. Brolly

Associate

Dan Campbell

Partner

Matthew J. Craine

Senior Associate

Joseph P. Debartolo

Associate

Mark L. Feidler

Partner

Anthony M. Hauser

Principal

Ryan N. Kopec

Vice President

Michael David Long

Partner

Bart A. McLean

Senior Adviser

Thomas C McThenia

Associate

Elle C. Mcleod

Associate

Wanda R. Morgan

CFO

S. Wilkes Murray

Senior Associate

Geoffrey Neville

Associate

Jerry B. Nowlin

Vice President

Peter S. Pettit

Partner

Charles J. Stubbs

Partner

44 past transactions

Lync Health Partners

Venture Round in 2021
Lync Health Partners is a company focused on acquiring, developing, and managing ambulatory surgery centers in collaboration with physicians across the United States. Established in 2021, Lync Health Partners aims to enhance the capabilities of its physician partners by enabling them to offer higher-acuity surgical procedures, such as total joint replacements, spine surgeries, and cardiology interventions. This initiative aligns with a national trend toward increasing outpatient surgical volumes, driven by federal reimbursement policies that promote the transition of specific care services from inpatient to outpatient settings. Through its experienced leadership, Lync Health Partners seeks to facilitate the distribution and growth of healthcare services within the ambulatory surgery sector.

Summit Spine and Joint Centers

Private Equity Round in 2021
Summit Spine and Joint Centers is a medical practice company that specializes in the fields of pain management, personal injury, and worker's compensation. Its mission is to help patients regain and improve their quality of life, and at the same time provide compassionate care, one patient at a time. It was founded in 2014 and headquartered in Lawrenceville, Georgia.

MSouth Capital

Venture Round in 2021
MSouth Capital, established in 2020 and headquartered in Atlanta, Georgia, specializes in customized debt and minority equity financing solutions for lower middle market companies, primarily in the Southern United States. The firm focuses on supporting management teams involved in acquisitions, recapitalizations, generational transfers, and other corporate initiatives. With a strong history of successful investments in the lower middle market, MSouth Capital aims to provide resources generally accessible only to larger firms. A central aspect of their strategy is to partner with experienced management teams that demonstrate a proven ability to create value. MSouth Capital operates as a portfolio company of MSouth Equity Partners IV, L.P., which is managed by MSouth Equity Partners, LLC, a private equity firm with a significant capital raising history.

iBenefit Communication

Private Equity Round in 2020
iBenefit Communication is a provider of employee benefit communication, engagement, and education services.The Company partners with insurance and benefit brokers to provide critical services to the various stakeholders in the employee benefit ecosystem. The Company’s revenue model is based on commission from voluntary benefit product sales and, as such, the Company is able to provide employers with a no-fee benefit communication, education, and engagement service. Employees receive 1-on-1 benefit counseling designed with the employer and delivered by trained & licensed benefit experts.

iBenefit Communication

Acquisition in 2020
iBenefit Communication is a provider of employee benefit communication, engagement, and education services.The Company partners with insurance and benefit brokers to provide critical services to the various stakeholders in the employee benefit ecosystem. The Company’s revenue model is based on commission from voluntary benefit product sales and, as such, the Company is able to provide employers with a no-fee benefit communication, education, and engagement service. Employees receive 1-on-1 benefit counseling designed with the employer and delivered by trained & licensed benefit experts.

Nth Degree

Acquisition in 2019
Nth Degree, Inc. provides trade show management, event marketing, and global exhibition services. Nth Degree, Inc. was formerly known as Installation and Dismantle, Inc. and changed its name to Nth Degree, Inc. in January 1996. The company was founded in 1979 and is based in Duluth, Georgia with additional locations in the United States.

BIG Language Solutions

Private Equity Round in 2019
BIG Language Solutions is disrupting the language industry by assembling a portfolio of high-performing and complementary LSPs.

BIG Language Solutions

Acquisition in 2019
BIG Language Solutions is disrupting the language industry by assembling a portfolio of high-performing and complementary LSPs.

Eco-Site

Private Equity Round in 2018
Eco-Site, Inc. is a company based in Durham, North Carolina, that specializes in developing and operating wireless communications sites and infrastructure systems. Founded in 2012 by experienced professionals from the wireless industry, Eco-Site focuses on providing real estate solutions that facilitate network densification and expansion. The company builds, owns, and operates wireless towers in strategically desirable locations, offering a range of services including build-to-suit towers, colocation solutions, and retail properties. By providing customized and scalable infrastructure options, Eco-Site aims to meet the evolving needs of wireless carriers across the nation.

TRP Construction Group

Acquisition in 2017
TRP is a leading provider of thermoplastic striping, painting and markers, rumble strips and traffic control services, including: delineation devices, warning signs and maintenance and consulting services. The majority of the company’s revenue is derived directly or indirectly from the Texas Department of Transportation and local municipalities.

1Path

Acquisition in 2017
Whether it's IT support or solutions you need, Onepath Systems LLC is your go-to company when it comes to quality IT services. Atlanta trusts our expertise in providing top-notch technology solutions!

1Path

Private Equity Round in 2017
Whether it's IT support or solutions you need, Onepath Systems LLC is your go-to company when it comes to quality IT services. Atlanta trusts our expertise in providing top-notch technology solutions!

Eco-Site

Private Equity Round in 2017
Eco-Site, Inc. is a company based in Durham, North Carolina, that specializes in developing and operating wireless communications sites and infrastructure systems. Founded in 2012 by experienced professionals from the wireless industry, Eco-Site focuses on providing real estate solutions that facilitate network densification and expansion. The company builds, owns, and operates wireless towers in strategically desirable locations, offering a range of services including build-to-suit towers, colocation solutions, and retail properties. By providing customized and scalable infrastructure options, Eco-Site aims to meet the evolving needs of wireless carriers across the nation.

The Intersect Group

Private Equity Round in 2017
The Intersect Group is a staffing and recruiting company that provides staffing and consulting services.

Southern Air & Heat Holdings

Acquisition in 2016
A provider of HVAC repair, service and installation in Florida and North Carolina

Diversified Systems

Private Equity Round in 2016
Diversified Systems was formed in 1993 and started as a full service systems and media technology integration company addressing the technical needs of the Broadcast, Audio/Visual, IT and RF market segments. Over the two decades, Diversified Systems grew from a regional System Integrator into one of the strongest, nationally recognized integration companies in the industry. [1] During this evolution and as the marketplace demanded new services, Diversified Systems added two companies that offer solutions focused on customer requirements. In 2000, the Diversified Media Group (DMG) was formed to supplement the company’s integration services and focus on communications consulting, private network development, content development, and content distribution over terrestrial and satellite links. In 2010, Diversified acquired major interest in Skyweb Digital Media and they became part of the Diversified family. Its focus was on providing commercial businesses with the latest in HD Video and IPTV related hardware and programming alternatives and Digital Rights Management for companies large and small. In 2013, Diversified acquired Snader & Associates, with several offices located in California. As a successful and nationally recognized systems integration company they immediately contributed new ideas and talent to the Diversified family. Their executive team, sales account executives, engineers and project managers have all been instrumental in Diversified’s growth and made the company even stronger today. After building successful businesses and becoming dominate marketing leaders in each market segment the marketplace again demanded changes. In 2016 a new single Diversified was formed to create a unified brand that addresses all the portfolio of services Diversified’s business units provide. Our customers demanded a “one hand to shake” service model and now the company is strategically aligned with solutions teams to meet complex demands. Having seamless engineering experts that focus on solving unique and complex problems available to all facets of our clients’ businesses creates the successful formula for communication and results. [1] Diversified’s System Division is ranked #3 in AV Systems Integration [Source: System Contractor News, December, 2015] and #1 in Broadcast/Production Integration.

Safemark

Acquisition in 2015
Leader in electronic safes to the global hospitality industry

CRH Healthcare

Acquisition in 2015
CRH Healthcare, LLC is a prominent operator of urgent care centers based in Atlanta, Georgia, founded in 1989. The company manages several brands, including Urgent Medcare, Peachtree Immediate Care, and Patients First, which provide comprehensive urgent care, primary care, and occupational health services. CRH Healthcare focuses on delivering accessible, high-quality care for injuries, illnesses, and minor emergencies through a network of clinics primarily located in the Southeast. Staffed by board-certified physicians trained in various medical specialties, these centers aim to provide comfortable and convenient healthcare experiences for patients. With support from private equity firms, CRH Healthcare has established itself as a leader in the urgent care sector, operating the largest network of centers in the Atlanta area.

Children & Teen Dental

Private Equity Round in 2015
Children & Teen Dental provides dental support organization services to pediatric dental and orthodontic offices in attractive east coast markets. The Company centralizes all administrative services which allows the clinical staff to focus 100% of their time on patient care.

Children & Teen Dental

Acquisition in 2015
Children & Teen Dental provides dental support organization services to pediatric dental and orthodontic offices in attractive east coast markets. The Company centralizes all administrative services which allows the clinical staff to focus 100% of their time on patient care.

Tachyon

Acquisition in 2015
Tachyon is providing services like design, construct, optimize and maintain wireless and fiber networks.

USA Television Holdings

Private Equity Round in 2014
USA Television Holdings, LLC ("USA TV") is a company focused on acquiring local broadcast television stations in attractive, mid-tier markets in the U.S. USA TV currently manages five stations which have entrenched market positions in cities with attractive underlying economic fundamentals. Collectively, the USA TV stations reach nearly two million people daily.

USA Television Holdings

Acquisition in 2014
USA Television Holdings, LLC ("USA TV") is a company focused on acquiring local broadcast television stations in attractive, mid-tier markets in the U.S. USA TV currently manages five stations which have entrenched market positions in cities with attractive underlying economic fundamentals. Collectively, the USA TV stations reach nearly two million people daily.

Crom

Private Equity Round in 2014
Crom, LLC, is a long-established provider of pre-stressed concrete water tank design and construction services to water and wastewater customers primarily in the southeastern United States and select international locations. Since 1952, Crom has built more than 4,000 tanks for municipalities and private sector customers. With tank capacities ranging from a few hundred thousand gallons to several million gallons, Crom tanks are suitable for diverse functions including potable and reuse water storage, wastewater treatment, thermal storage, flow equalization, and industrial storage and treatment.

Crom

Acquisition in 2014
Crom, LLC, is a long-established provider of pre-stressed concrete water tank design and construction services to water and wastewater customers primarily in the southeastern United States and select international locations. Since 1952, Crom has built more than 4,000 tanks for municipalities and private sector customers. With tank capacities ranging from a few hundred thousand gallons to several million gallons, Crom tanks are suitable for diverse functions including potable and reuse water storage, wastewater treatment, thermal storage, flow equalization, and industrial storage and treatment.

Technical Innovation

Acquisition in 2012
Provider of design-build video-centric communication services in the United States. The company designs and installs visual communication technology in the facilities of corporations, organizations and educational institutions. It also provides design-build custom software development, enterprise video, audio conferencing, integration, project management, training and ongoing customer support services, as well as equipment sales.

Power Generation Services

Acquisition in 2012
Power Generation Services is a turnkey provider of managed energy services for distributed generation and distributed energy resources to commercial customers in North America. PoGens provides a complete energy management infrastructure that includes installation, monitoring, control, compliance and dispatch of their customers’ emergency generation assets into deregulated power markets. In an increasingly complex and ever changing energy environment, their mission is to leverage their national energy services platform to assist customers in the transition toward cleaner energy, while enhancing profitability of generation assets.

EQI

Private Equity Round in 2012
EQI is a global provider of critical supply chain management services, including sourcing, manufacturing and logistics, for OEMs who procure metal castings. Castings are used by industrial companies across diverse end-markets, including material handling, aerial work platform, construction, forestry and agricultural industries. EQI specializes in counterweights, which balance the weight of large loads and are essential to safely and efficiently operate utility vehicles and machinery.

EQI

Acquisition in 2012
EQI is a global provider of critical supply chain management services, including sourcing, manufacturing and logistics, for OEMs who procure metal castings. Castings are used by industrial companies across diverse end-markets, including material handling, aerial work platform, construction, forestry and agricultural industries. EQI specializes in counterweights, which balance the weight of large loads and are essential to safely and efficiently operate utility vehicles and machinery.

Education Networks of America

Private Equity Round in 2011
ENA provides managed network and communication services to customers in the education, library and government sectors. Their scalable solutions facilitate collaboration, increase productivity and decrease the cost of information management through the convergence of data, voice and video technologies. ENA currently manages multiple statewide and district-wide education and library networks successfully serving over 5,000 end sites, 560 school districts, 230 libraries, more than 2.5 million students, teachers and administrators and more than 6.2 million librarians and patrons. ENA has recently been awarded the statewide Internet access and managed network services contract for the Indiana Department of Education E-Rate Consortia, which serves 350 school corporations, and the Indiana State Library Internet Consortium, which serves 220 library locations. Empowered by their networks, ENA’s customers can focus on what matters most: preparing students, strengthening communities and leading enterprises to excel in the 21st century.

Education Networks of America

Acquisition in 2011
ENA provides managed network and communication services to customers in the education, library and government sectors. Their scalable solutions facilitate collaboration, increase productivity and decrease the cost of information management through the convergence of data, voice and video technologies. ENA currently manages multiple statewide and district-wide education and library networks successfully serving over 5,000 end sites, 560 school districts, 230 libraries, more than 2.5 million students, teachers and administrators and more than 6.2 million librarians and patrons. ENA has recently been awarded the statewide Internet access and managed network services contract for the Indiana Department of Education E-Rate Consortia, which serves 350 school corporations, and the Indiana State Library Internet Consortium, which serves 220 library locations. Empowered by their networks, ENA’s customers can focus on what matters most: preparing students, strengthening communities and leading enterprises to excel in the 21st century.

PetroLiance

Acquisition in 2011
PetroLiance provides implementing an innovative approach to the distribution of petroleum products and marketing .PetroLiance was founded to anticipate and respond to the fundamental changes that are occurring in the diesel fuels industry, by implementing an innovative new approach to the distribution of petroleum products and marketing. The ultimate outcome of this endeavor will be improved operations, a higher level of service and responsiveness and, above all, greater profitability for our customers.

PetroLiance

Private Equity Round in 2011
PetroLiance provides implementing an innovative approach to the distribution of petroleum products and marketing .PetroLiance was founded to anticipate and respond to the fundamental changes that are occurring in the diesel fuels industry, by implementing an innovative new approach to the distribution of petroleum products and marketing. The ultimate outcome of this endeavor will be improved operations, a higher level of service and responsiveness and, above all, greater profitability for our customers.

United Communications

Acquisition in 2011
United Communications provides fast Internet speed up to ONE GIGABIT delivered over our state of the art fiber network.It supplies high-speed internet and WiFi services, as well as digital TV and phone service for residential customers and enterprise-class businesses in Middle Tennessee.With the evolution of the Internet, United continued to innovate and was one of the first companies in Middle Tennessee to introduce a Fiber-to-the-Home network. Headquartered in Chapel Hill, TN, United Communications has an fiber network with over 1,000 route miles of fiber backbone connecting in Nashville and covering portions of Nolensville, Brentwood, College Grove, Chapel Hill, Belfast, Shelbyville, and Flat Creek.

Fischbein International

Venture Round in 2011
Fischbein designs and manufactures bag packaging equipment and complete systems. Fischbein has been the leader in sewing and sealing systems by delivering highly engineered, robust and dependable solutions. Serving customers worldwide in agriculture, animal feed, seed, pet food, chemical, mineral, milling, food, building material, medical and pharmaceutical industries, Fischbein has a full range of sealing, filling, weighing, handling, and palletizing equipment that is sold and serviced in more than 190 countries.

Thompson Industrial Services

Private Equity Round in 2010
Provider of industrial cleaning and maintenance services intended to serve pulp and paper, steel, chemical, plastics, power generation and other process industries. The company offers a wide range of services that include water blasting, vacuuming, chemical cleaning, cryogenic cleaning and pneumatic and hydro-vacuum excavation services, thereby delivering the safest and better quality industrial cleaning services

Vectorply Corporation

Acquisition in 2010
Vectorply is a developer and manufacturer of high-performance reinforcement fabrics used in composite materials. Vectorply produces a broad range of non-crimp fabrics for use in wind power, industrial, marine, sports/recreation, and transportation applications. Approximately 83% of the Company’s sales are derived from fabrics made of glass fibers, with the remainder divided between carbon and aramid fibers. Vectorply’s products provide superior materials solutions when compared to traditional materials (such as steel, wood, and concrete) and to earlier generations of woven composite reinforcement fabrics.

EmployBridge

Private Equity Round in 2009
EmployBridge Holding Company is a staffing services provider based in Atlanta, Georgia, specializing in skilled light industrial personnel across various sectors, including specialty manufacturing, warehousing/logistics, and transportation. Established in 1997 and formerly known as Career Blazers, the company operates under several brands, including ResourceMFG, ProLogistix, ProDrivers, and Employment Plus. EmployBridge focuses on filling a wide range of positions, from entry-level to senior executive roles within logistics and supply chain management, as well as staffing for manufacturing, accounting, and healthcare sectors. The company offers various staffing solutions such as temporary, temp-to-hire, and direct-hire placements, alongside workforce management strategies and human resource outsourcing. EmployBridge aims to meet the evolving needs of corporations by providing effective staffing solutions and skilled workforce training services.

EmployBridge

Acquisition in 2009
EmployBridge Holding Company is a staffing services provider based in Atlanta, Georgia, specializing in skilled light industrial personnel across various sectors, including specialty manufacturing, warehousing/logistics, and transportation. Established in 1997 and formerly known as Career Blazers, the company operates under several brands, including ResourceMFG, ProLogistix, ProDrivers, and Employment Plus. EmployBridge focuses on filling a wide range of positions, from entry-level to senior executive roles within logistics and supply chain management, as well as staffing for manufacturing, accounting, and healthcare sectors. The company offers various staffing solutions such as temporary, temp-to-hire, and direct-hire placements, alongside workforce management strategies and human resource outsourcing. EmployBridge aims to meet the evolving needs of corporations by providing effective staffing solutions and skilled workforce training services.

The Coastal Companies

Acquisition in 2009
Founded in 1992, The Coastal Companies has emerged as a major distributor of fresh produce and dairy and is a leading regional processor of fruits and vegetables. Based in Baltimore/Washington, The Coastal Companies and its subsidiaries, Coastal Sunbelt Produce and East Coast Fresh, operate a fleet of 175 trucks and deliver daily to foodservice customers across six states and the District of Columbia. The company also serves major retail and wholesale customers along the East Coast.

BC Technical

Acquisition in 2009
BC Technical is a non-OEM provider of diagnostic imaging solutions and services. They provide the same level of resources, quality and expertise expected from large OEMs with the added flexibility and value expected of smaller Independent Service Organizations (ISOs). BC Technical offers refurbished NM, SPECT, SPECT/CT, PET, PET/CT, CT and MRI systems from all major OEM’s, nationwide on-site service in all 50 states and personal technical/clinical support, all with uncompromised reliability, quality and value.

BC Technical

Venture Round in 2009
BC Technical is a non-OEM provider of diagnostic imaging solutions and services. They provide the same level of resources, quality and expertise expected from large OEMs with the added flexibility and value expected of smaller Independent Service Organizations (ISOs). BC Technical offers refurbished NM, SPECT, SPECT/CT, PET, PET/CT, CT and MRI systems from all major OEM’s, nationwide on-site service in all 50 states and personal technical/clinical support, all with uncompromised reliability, quality and value.