Midwest Growth Partners Acquires Incorp Holdings
December 18, 2020
Midwest Growth Partners led a transaction to acquire Incorp Holdings, LLC, with subordinated debt and equity provided by NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street), Lowe Capital, Spring Capital, Pete Vrettakos, and Incorp's senior management team. Incorp, an Evansville, Indiana-based specialty contractor providing insulation, scaffolding and multi-craft industrial services, will use the proceeds to expand service lines and geographic coverage to support organic and acquisitive growth.
- Buyers
- Midwest Growth Partners, NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street / Calvert Street Capital Partners), Lowe Capital, Spring Capital, Pete Vrettakos, Incorp senior management team
- Targets
- Incorp Holdings, LLC
- Industry
- Industrial Services
- Location
- Indiana, United States
- Transaction Type
- Buyout
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