Strength Capital Partners and Neuberger Berman Recapitalize ESP Associates
July 9, 2025
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.
- Buyers
- Strength Capital Partners, Neuberger Berman, ESP Associates management team
- Targets
- ESP Associates, Inc.
- Sellers
- Strength Capital Partners' existing investors
- Industry
- Engineering Services
- Location
- South Carolina, United States
- Transaction Type
- Recapitalization
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