Seacoast Capital and Wildwood Capital Recapitalize Mail America

Equity Group Investments Recapitalizes East Coast Warehouse & Distribution; Seacoast Capital Exits

February 3, 2022

Logistics & Distribution

Equity Group Investments has recapitalized East Coast Warehouse & Distribution (ECW), a temperature-controlled 3PL headquartered in Elizabeth, New Jersey, enabling Seacoast Capital to exit its non-control growth investment. Seacoast originally invested in 2018 (co-investing with Everside Capital Partners); terms of the recapitalization were not disclosed. ECW operates extensive refrigerated and ambient warehouse capacity and provides drayage, trucking, brokerage and customs exam services at major East Coast ports.

Macquarie Asset Management Recapitalizes Coastal Waste & Recycling

June 20, 2023

Environmental Services

A fund managed by Macquarie Asset Management has completed the recapitalization of Coastal Waste & Recycling and become the company's majority owner. Coastal, a vertically integrated solid waste and recycling operator headquartered in Boca Raton, Florida, will continue to be led by CEO Brendon Pantano while prior investors Summer Street Capital Partners and Concentric Equity Partners exit and retain a minority stake alongside management.

Seacoast Capital & Galaxi Group Provide Growth Capital to CityLeaf and Medallion Landscape

September 28, 2021

Environmental Services

Seacoast Capital and Galaxi Group jointly provided $9.6 million of subordinated debt and redeemable preferred stock as non-control growth capital to support a strategic alliance between CityLeaf and Medallion Landscape. The investment is intended to accelerate geographic expansion and broaden the combined firm’s indoor and outdoor landscaping, living wall, arbor care and maintenance services across the San Francisco Bay Area.

Thesis Capital Partners, Seacoast Capital and Tamarix Recapitalize Cadillac Services

January 15, 2025

Industrial Services

Thesis Capital Partners led a recapitalization of Cadillac Services, a Bayamón, Puerto Rico-based provider of uniform rental, laundry and dust control services, with investment support from Seacoast Capital, Tamarix Capital Partners and Cadillac management. The transaction provides liquidity to certain shareholders (including the Shulevitz family) and supplies capital and debt to support Cadillac's growth, market-share expansion and expanded service offerings across healthcare, pharmaceutical, industrial and retail end markets.

Seacoast Capital Invests in Focus Technology Solutions (Majority Recapitalization)

November 29, 2023

IT Services

Seacoast Capital has made its first investment from Seacoast Capital Partners V by providing equity and debt to support a majority recapitalization of Focus Technology Solutions alongside the company's management team. The financing enables a management-led recapitalization, promotes Chris Caprio to CEO, and provides working capital to support Focus's growth in managed IT, cloud and cybersecurity services.

The Shoreham Group and Parkway Capital Recapitalize Merrill Industries

November 16, 2023

Packaging

The Shoreham Group led a recapitalization of Merrill Industries, LLC, partnering with the company’s senior management. Parkway Capital supported the transaction by providing subordinated debt and minority equity to back the recapitalization of the corrugated packaging manufacturer serving Southern New England.