Canopy Capital Partners Recapitalizes Alloy Cladding Holdings
May 22, 2019
Canopy Capital Partners led a recapitalization of Alloy Cladding Holdings, a Jupiter, Florida-based industrial services contractor, partnering with Plexus Capital and with financing from Valley National Bancorp. The equity investment will fund growth and capability expansion to broaden Alloy Cladding's specialized welding, cladding and maintenance services across pulp & paper, chemical and other heavy industrial end markets while partnering with the Macdonald management team.
- Buyers
- Canopy Capital Partners, LLC, Plexus Capital, Valley National Bancorp
- Targets
- Alloy Cladding Holdings, LLC
- Industry
- Industrial Services
- Location
- Florida, United States
- Transaction Type
- Recapitalization
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