Canopy Capital Partners Acquires Majority Stake in Cloud 9 Services
February 15, 2022
Canopy Capital Partners, a Tampa-based private equity firm, acquired a majority stake in Cloud 9 Services (Orlando), a specialist underground water and sewer infrastructure contractor. The founders Rick and Lucy Fender remain involved while day-to-day operations will be led by promoted President Curtis Walker as Canopy positions Cloud 9 as a platform for growth; the deal closed January 31, 2022.
- Buyers
- Canopy Capital Partners, LLC
- Targets
- Cloud 9 Services, LLC
- Sellers
- Rick Fender, Lucy Fender
- Platforms
- Cloud 9 Services, LLC
- Industry
- Infrastructure
- Location
- Florida, United States
- Transaction Type
- Buyout
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