Sidereal Capital and Management Recapitalize Mike Alexander Company (MALCO)

Sidereal Capital Leads Recapitalization of Peachey Hardwood Flooring with Parkway and Farragut

October 3, 2023

Manufacturing

Sidereal Capital Group led a recapitalization of Peachey Hardwood Flooring, partnering with the company's senior management while Parkway Capital and Farragut Capital Partners provided subordinated/unitranche debt and equity financing. The transaction provides liquidity to owner Don Coleman and will fund increased production capacity and growth initiatives at the Reedsville, Pennsylvania manufacturer of premium hardwood flooring and millwork.

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.

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.

Six Pillars Partners Recapitalizes Royalty Roofing and Majestic Facility Experts

October 31, 2023

Construction

Six Pillars Partners led a recapitalization of Royalty Roofing and sister company Majestic Facility Experts to support national growth and pursue add-on acquisitions. Capital for the transaction was provided by Centerfield Capital Partners, Petra Capital Partners, Concentric Investment Partners, and UMB Capital Corporation; founder Andy Royalty remains as President and the Company completed a strategic bolt-on at closing.

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.

Carousel Capital Recapitalizes McCorquodale Transfer, LLC

July 13, 2023

Logistics & Distribution

Carousel Capital has recapitalized McCorquodale Transfer, LLC (MTI), partnering with founder Bart McCorquodale and management to provide growth capital and support the company's buy-and-build strategy. MTI, a Birmingham-based residential services and white-glove relocation platform with seven branches across the Southeast, will use the partnership to expand organically and via strategic acquisitions.