CenterOak Partners Majority Recapitalizes Palmetto Exterminators

CenterOak-backed Palmetto Exterminators Acquires PestNow and Forms Entomo Brands

August 1, 2023

Environmental Services

CenterOak Partners' portfolio company Palmetto Exterminators has acquired PestNow and consolidated the businesses under a new operating platform, Entomo Brands. The combined company will be headquartered in Charleston, South Carolina, operate 17 branches across six states, employ more than 350 team members, and plans further organic growth and add-on acquisitions.

Carousel Capital Recapitalizes Palmetto Infusion Services

April 16, 2019

Healthcare Services

Carousel Capital partnered with Palmetto Infusion Services management to recapitalize Palmetto, a leading operator of ambulatory infusion centers. The recapitalization will provide growth capital to expand Palmetto's footprint across the Southeast and support continued delivery of specialty infusion and in-home administration services.

CenterOak Partners Completes Majority Recapitalization of Guardian Access Solutions

September 13, 2023

Industrial Services

Dallas-based private equity firm CenterOak Partners completed a majority recapitalization of Guardian Access Solutions, a Nashville-headquartered provider of design, installation, maintenance, and repair services for exterior access control systems across the Southeastern U.S. The transaction transfers majority ownership from Brixey & Meyer Capital to CenterOak, with Guardian's management team remaining in place and plans to pursue accelerated organic growth and add-on acquisitions to expand the company's service footprint.

CenterOak Partners Majority Recapitalizes HK Solutions Group

July 14, 2021

Environmental Services

CenterOak Partners completed a majority recapitalization of HK Solutions Group, a Des Moines-based provider of water and wastewater infrastructure inspection, cleaning, repair and industrial services in the U.S. Midwest. The HK Solutions management team, led by CEO Wade Anderson, will remain in place as CenterOak plans to grow the business organically and via add-on acquisitions to expand service capabilities and market presence.

CenterOak Partners Completes Majority Recapitalization of GNAP

November 1, 2018

Industrial Services

CenterOak Partners, a Dallas-based private equity firm, completed a majority recapitalization of GNAP, a Grand Rapids, Michigan-based specialty distributor of industrial abrasive products, equipment and specialty ceramics. CEO Michael Currie and the existing management team will remain in place as CenterOak partners with the company to support geographic expansion and growth of its product suite; terms were not disclosed.

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.