Enceladus Partners Announces Investment in Smith Excavating, LLC
December 10, 2025
Enceladus Partners, a family office, completed an investment in Smith Excavating, LLC, a second‑generation infrastructure services company headquartered in Winston‑Salem, North Carolina. Generational Group advised the transaction; Enceladus said the capital will support regional expansion, fleet and technology investments (including GIS capabilities), and partnership with CEO Matthew Smith to scale the business across the Mid‑Atlantic.
- Buyers
- Enceladus Partners
- Targets
- Smith Excavating, LLC
- Sellers
- Smith family / Matthew Smith (CEO)
- Industry
- Infrastructure
- Location
- North Carolina, United States
- Transaction Type
- Growth capital
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