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

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.

Sidereal Capital and Management Recapitalize Mike Alexander Company (MALCO)

May 15, 2024

Manufacturing

Sidereal Capital Group partnered with senior management (led by Micha Alexander) to recapitalize Mike Alexander Company, Inc. (MALCO), a Tulsa-based manufacturer of refractory anchors and custom metal fabrication. Parkway Capital and Farragut Capital Partners provided subordinated debt and equity to support the transaction as part of a generational transition from founder Mike Alexander to his son Micha; terms were not disclosed.

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.

Shoreline Equity Partners Forms Pavement Partners and Recapitalizes Finley Asphalt & Concrete

June 30, 2021

Construction

Shoreline Equity Partners formed Pavement Partners Holding, LLC and recapitalized Finley Asphalt & Concrete to create a platform for acquiring pavement repair and maintenance providers across the U.S. Finley’s founders (Erick and Lewis Finley) remain in leadership and co-investors including Harvey & Company joined the transaction; senior debt was provided by M&T Bank and South State Bank.

Parkway Capital Recapitalizes Phoenix Feeds & Nutrition

September 8, 2021

Agriculture

Parkway Capital, the mezzanine investment arm of Calvert Street Investment Partners, provided subordinated debt to lead a recapitalization of Phoenix Feeds & Nutrition, marking the company's first institutional capital. The financing is intended to support PFN's growth initiatives and expansion of operations across New England and New York.

KT Capital Leads Recapitalization of Dealer Solutions & Design

November 9, 2021

Automotive

KT Capital partnered with Dealer Solutions & Design’s senior management to lead a recapitalization of Duluth, Georgia‑headquartered Dealer Solutions & Design (DSD). Parkway Capital (the mezzanine affiliate of Calvert Street Investment Partners), Callodine Strategic Credit, and Pine Street Capital Partners provided subordinated debt and equity to support the transaction and fund DSD’s expansion across the United States.