Slate Capital Group Invests in Vertical Mechanical Group

Modigent Acquires VMG Mechanical

July 15, 2025

HVAC & Mechanical

Modigent has acquired VMG Mechanical, an Orlando-based commercial HVAC and plumbing contractor, adding the firm to Modigent's national platform. The deal gives VMG access to capital, vendor relationships, and back-office support while Modigent expands its footprint and service capabilities across Central Florida.

Ridgemont Equity Partners Provides Growth Capital to Crete Mechanical Group

June 2, 2022

HVAC & Mechanical

Ridgemont Equity Partners provided significant growth capital to Crete Mechanical Group (CMG) to support the build-out of a national platform of HVAC, electrical, plumbing and building automation service companies. Financing for the transaction was led by Ares Management Corporation and Churchill Asset Management; terms were not disclosed.

Gridiron Capital Acquires Vertical Supply Group from Platte River Equity

April 12, 2022

Manufacturing

Gridiron Capital has acquired Vertical Supply Group (VSG), a Greensboro, North Carolina-based manufacturer, distributor, and direct e-commerce retailer of arborist tools, ropes, rescue and fall protection equipment, from Platte River Equity. Platte River will retain an ongoing stake in the business while Gridiron will partner with VSG management to support growth and pursue acquisition opportunities to expand the company's branded product portfolio and market reach. Financial terms were not disclosed.

Incline Equity Partners Acquires VMG Health from Northlane Capital Partners

April 18, 2024

Healthcare Services

Incline Equity Partners has acquired a majority equity interest in VMG Health from Northlane Capital Partners, with VMG management and an extensive employee shareholder group retaining a significant ownership stake. VMG Health, a Dallas-based healthcare valuation, compliance and advisory firm, will partner with Incline to expand service lines and software products organically and through accelerated M&A.

Jacmel Growth Partners Invests in Virtual Technologies Group

September 12, 2022

IT Services

Jacmel Growth Partners has made a minority growth investment in Virtual Technologies Group (VTG), a Maumee, Ohio–based IT, security, and cloud services provider. The capital will support VTG's growth strategy and expand its service capabilities (including its Comm-Core cloud division); KeyBank provided financing and Woodbridge International served as sell-side advisor.

Slate Capital Group Invests in Nova Technologies

June 18, 2021

Aerospace & Defense

Slate Capital Group has made an equity investment in Nova Technologies, a Tallahassee-based provider of military training and simulation services. Outcome Capital advised Nova on the transaction; the investment will provide growth capital to expand Nova's training, simulation, and sustainment capabilities for U.S. and allied defense customers.