Turning Rock Partners Exits Next Level Aviation via Management-Led Recapitalization

Turning Rock Partners Provides $30M Expansion Capital to SilverLeaf Wealth Management

March 19, 2025

Financial Services

Turning Rock Partners, a New York-based private investment firm, has provided $30 million in secured expansion financing to SilverLeaf Wealth Management, an independent wealth advisory firm headquartered in Omaha, Nebraska. The capital will support SilverLeaf's growth plan — including its acquisition strategy — and help the firm expand services to a broader client base.

Turning Rock Partners and IFM Support SMC Infrastructure Partners' Recapitalization of General Asphalt

February 15, 2022

Infrastructure

Turning Rock Partners completed a $25 million investment to support SMC Infrastructure Partners' recapitalization of General Asphalt Co., a Miami-based paving contractor. The transaction was supported by debt funds managed by IFM Investors and aims to expand General Asphalt's capabilities into airport and broader transport infrastructure under SMC's Infra Build Holdings.

Summit Park Completes Majority Recapitalization of Elliott Aviation

February 18, 2020

Aerospace & Defense

Charlotte-based private equity firm Summit Park completed a majority recapitalization of Elliott Aviation, a Moline, Illinois-based provider of MRO, FBO and aircraft sales/brokerage services. Stellus Capital Management provided unitranche debt financing to support the transaction, and Elliott's founder Wynn Elliott retains a minority ownership stake while Summit Park will partner with management to pursue growth.

Turning Rock Partners Provides $60M Growth Financing to Main Street Auto

July 28, 2025

Automotive

Turning Rock Partners closed a $60 million growth financing to Main Street Auto, a founder-led automotive aftermarket services platform headquartered in Atlanta, Georgia. The capital will support Main Street Auto’s buy-and-build strategy to expand its footprint across the southern United States and accelerate acquisitions and operational scaling.

Level Equity Recapitalizes TeamDynamix with K1 Rolling a Material Stake

December 21, 2022

Cloud & SaaS

Level Equity Management has made a majority investment in TeamDynamix, a Columbus-based provider of ITSM, PPM and iPaaS software, while existing investor K1 Investment Management exited but rolled a material portion of proceeds back into the business and will remain a significant equity holder. The recapitalization is intended to provide growth capital to accelerate product innovation and expand TeamDynamix's market share across industries such as financial services, healthcare and the public sector.

Main Street Capital Completes $45M Minority Recapitalization of Specialty Aircraft Distributor

September 2, 2025

Aerospace & Defense

Main Street Capital Corporation completed a $45.0 million investment to facilitate a minority recapitalization of an unnamed, Southeastern U.S.-based specialty aircraft distributor. The transaction provides liquidity to the Company's CEO (the sole owner) and consists of first lien senior secured debt plus a direct minority equity investment.