Progress Equity Partners Recapitalizes Salisbury Moore with Farragut, NewSpring Mezzanine and Salem Investment Partners

Progress Equity Partners Leads Recapitalization of Hanson Lab Solutions

April 20, 2023

Building Products

Progress Equity Partners led a recapitalization of Hanson Lab Solutions, LLC with subordinated debt and equity provided by First Capital Partners and NewSpring Mezzanine, and debt support from Enterprise Bank & Trust. The capital package will support Hanson Labs — a Camarillo, California-based manufacturer and full-service supplier of laboratory casework, fume hoods and lab interiors — in its continued growth and geographic expansion, including recent entry into the Denver market.

NewSpring Mezzanine and Jackson Partners Recapitalize GLH Construction

March 12, 2020

Construction

NewSpring Mezzanine participated in an investment to support a majority recapitalization of GLH Construction led by Jackson Partners. The capital will be used to hire additional employees and invest in sales and marketing as GLH, a Windsor, Colorado-based infrastructure contractor, pursues regional growth.

Farragut Capital Partners and Watervale Equity Partners Recapitalize EMX Industries

July 25, 2024

Manufacturing

Farragut Capital Partners provided senior subordinated debt and equity to support a recapitalization of EMX Industries alongside Watervale Equity Partners and members of EMX’s senior leadership, including CEO Joseph Williams. EMX, a Cleveland-based manufacturer of electronic sensors for access control and industrial automation, will use the transaction to support growth and future momentum under the new capital structure.

Renovus Capital Partners Invests in SolomonEdwards

April 20, 2022

Professional Services

Renovus Capital Partners has made a significant growth capital investment in SolomonEdwardsGroup, LLC, a national professional services firm focused on strategy execution. The capital will be used to invest in the team and delivery capabilities and to accelerate SolomonEdwards' expansion as a platform company.

Farragut Capital Partners and Promise Holdings Recapitalize Malley's Candies

February 14, 2023

Food & Beverage

Farragut Capital Partners provided subordinated debt and preferred equity to support a recapitalization of Malley's Candies led by Promise Holdings, with co-investment from Charter Growth Capital and a group of local Cleveland investors. The transaction preserves family management—CEO Mike Malley and his siblings remain with the business—and will support the long-running Cleveland confectioner and its retail footprint.

Strength Capital Partners and Neuberger Berman Recapitalize ESP Associates

July 9, 2025

Engineering Services

Strength Capital Partners closed a single-asset continuation vehicle to recapitalize ESP Associates, providing liquidity to Strength Capital’s existing investors and bringing in follow-on capital led by investment funds affiliated with Neuberger Berman. The transaction includes significant rollover by SCP and the ESP management team and is intended to fund organic growth and strategic add-on M&A to expand the platform’s geographic footprint and service offerings.