Clearwell Group Recapitalizes Steadfast Alliance

January 22, 2025

Tampa-based family office Clearwell Group has completed a recapitalization of Steadfast Alliance, a Florida commercial landscape maintenance, installation and environmental services provider. The transaction was led by Clearwell with support from Centerfield Capital and First Merchants Bank; Steadfast's management, led by John Faulkner, will remain in place and retain a significant stake as the company scales.

Buyers
Clearwell Group, Centerfield Capital Partners, First Merchants Bank
Targets
Steadfast Alliance
Location
Florida, United States
Transaction Type
Recapitalization

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