Graycliff Partners Provides Subordinated Debt and Minority Equity to Palmetto Moon

Sidereal Capital Leads Recapitalization of Palmetto Adhesives

February 28, 2023

Manufacturing

Sidereal Capital Group led a recapitalization of Palmetto Adhesives Company, LLC, partnering with the company's senior management while Parkway Capital, Spring Capital Partners, Route 2 Capital Partners, and MPowered Capital provided subordinated debt and equity support. Palmetto Adhesives, a Greenville, South Carolina–based manufacturer and distributor of hot melt and water-based adhesives with additional facilities in New Jersey and California, will use the capital to support growth and expansion initiatives.

Graycliff Partners Recapitalizes PumpMan

June 29, 2021

Industrial Services

Graycliff Partners provided a unitranche debt facility, delayed draw term loan, and a minority equity investment to recapitalize PumpMan, Inc. The financing supports PumpMan’s acquisition-driven growth and expansion of its national pump systems maintenance and repair platform headquartered in Saddle Brook, New Jersey.

Graycliff Partners Invests in Fulham Co. Inc.

September 6, 2022

Manufacturing

Graycliff Partners LP completed an equity investment in Fulham Co. Inc., partnering with the existing management team and resulting in management increasing its ownership. The investment will support Fulham's growth initiatives and international expansion across its lighting component and power-supply product portfolios.

TPG Rise Climate Invests $150M in Palmetto

March 6, 2023

Renewable Energy

Palmetto, a technology-enabled residential solar and clean energy platform, raised $150 million from TPG Rise Climate to accelerate expansion of its software, product and operating platform. The investment will support growth of Palmetto's end-to-end residential solar capabilities and TPG Rise Climate's Steven Mandel will join Palmetto's board.

Graycliff Partners Acquires Ballymore Company, Inc.

March 11, 2021

Manufacturing

Graycliff Partners LP has completed the acquisition of Ballymore Company, Inc., a Coatesville, Pennsylvania-based designer and manufacturer of safety-focused material handling equipment. Brookside Capital Partners provided subordinated debt and an equity co-investment to facilitate the transaction; Graycliff plans to grow Ballymore organically and through add-on acquisitions while expanding its product line.

Graycliff Partners Invests in Vytex

September 16, 2025

Building Products

Graycliff Partners has made an investment in Vytex, LLC, a Laurel, Maryland-based manufacturer and installer of vinyl windows and patio/storm doors. Brookside Capital Partners provided subordinated debt and an equity co-invest to support Graycliff's investment; Graycliff and Vytex management plan to pursue organic and inorganic growth, new product development and geographic expansion.