Mosaic Capital Partners Invests in Gautier Steel ESOP

Mosaic Capital Partners Invests in Zero Waste Recycling ESOP

August 31, 2021

Environmental Services

Mosaic Capital Partners announced an investment in the newly formed Zero Waste Recycling ESOP, enabling employee ownership while providing capital to support growth. Financial partners on the transaction included Lafayette Square, Morgan Stanley Private Credit and Impact Engine; CEO Will Simmons will continue to lead the business from its two processing facilities in Charlotte, North Carolina and Lancaster, South Carolina.

Mosaic Capital Partners Invests in Ickler Electric ESOP

May 28, 2025

Construction

Mosaic Capital Partners has invested in the newly formed IE Group Holdings, Inc. ESOP (Ickler Electric), enabling a transition to employee ownership while founder Randy Minnier remains President and CEO. Financial partners on the transaction included UMB Bank and Lafayette Square, and Capstone Partners served as financial advisor to Ickler Electric; the Company employs nearly 350 people and is headquartered in Poway, California.

Mosaic Capital Partners Facilitates ESOP Acquisition of Boston Barricade

July 19, 2019

Building Products

Mosaic Capital Partners announced an ESOP-backed acquisition of Boston Barricade Holdings, Inc., enabling founders Bob and Cynthia Putnam to provide liquidity and transition ownership to employees while retaining Bob Putnam as CEO. Boston Barricade is a nationwide provider of modular barricade systems, retail graphics and installation services headquartered in Vero Beach, Florida; Boxwood Partners served as the company’s financial advisor.

Mosaic Capital and Graycliff Support ESOP Acquisition of Custom Profile Holdings

April 23, 2019

Manufacturing

Mosaic Capital Partners led the creation of an Employee Stock Ownership Plan (ESOP) to acquire Custom Profile Holdings, a Grand Rapids-based manufacturer of plastic profile extrusions. Graycliff Partners provided $12.5 million of subordinated debt and structured equity to support the ESOP transaction, which transferred ownership from prior investor Blackford Capital and provides liquidity and growth capital to the business and employee-owners.

Mosaic-led ESOP Acquires NuSource Financial from Tonka Bay

March 9, 2021

IT Services

Mosaic Capital Partners led an employee stock ownership plan (ESOP) to acquire NuSource Financial, a bank-technology and ATM/branch transformation provider headquartered in Eden Prairie, Minnesota, from Tonka Bay Equity Partners. Stellus Capital Management provided first-lien term loan financing and a structured equity co-investment to support the transaction; Pagemill Partners served as NuSource's financial advisor.

Eagle Merchant Partners Invests in ES Integrated

September 29, 2025

Industrial Services

Eagle Merchant Partners, an Atlanta-based private equity firm, has made a strategic investment in ES Integrated, an industrial cleaning, environmental and waste services provider headquartered in Charleston, South Carolina. The partnership will support ESI's geographic and service-line expansion, pursue strategic acquisitions, and retain the company's existing leadership team.