Milton Street Capital Majority Recapitalizes PurgeRite, LLC
October 4, 2023
Milton Street Capital completed a majority recapitalization investment in PurgeRite, LLC, a provider of mechanical flushing and filtration services for water-based HVAC and geothermal systems. GulfStar Group served as exclusive financial advisor; the investment will fund geographic expansion, increased capacity, and investments in people, equipment, and technology to support growth across mission-critical end markets such as data centers, semiconductor fabrication, education, and healthcare.
- Buyers
- Milton Street Capital, LLC
- Targets
- Purge Rite, LLC
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Transaction Type
- Recapitalization
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