Golden Gate Capital Recapitalizes All My Sons Moving & Storage

Golden Gate Capital Recapitalizes Parallel Advisors; Parallel Acquires AUTUS Asset Management

January 5, 2023

Wealth Management

Parallel Advisors completed a recapitalization led by its management team and Golden Gate Capital to accelerate organic growth and M&A. In connection with the investment, Parallel acquired AUTUS Asset Management, bringing the combined firm to approximately $5.7 billion in AUM, and prior minority investor Emigrant Partners fully exited.

Golden Gate Capital Recapitalizes Tidal Wave Auto Spa

December 30, 2020

Automotive

Golden Gate Capital has recapitalized Tidal Wave Auto Spa, partnering with founder and CEO Scott Blackstock, who will remain CEO and a significant shareholder. The transaction will provide development resources to support aggressive new-unit expansion, acquisitions and continued growth of the company's Unlimited Wash Club membership program; terms were not disclosed.

Golden Gate Capital Recapitalizes Virginia Green

January 3, 2024

Environmental Services

Golden Gate Capital has completed a recapitalization of Virginia Green, a Richmond-based provider of residential and commercial lawn treatment services, in partnership with founder and CEO Gil Grattan who remains a significant shareholder and will continue as CEO. The investment will support Virginia Green’s expansion into existing and adjacent geographies and help scale its subscription-based lawn care platform.

Mainsail Partners Invests $41.5M in SmartMoving

August 23, 2022

Software

Growth equity firm Mainsail Partners has invested $41.5 million in SmartMoving, a Dallas-based provider of business management software for the moving and storage industry. The capital will be used to accelerate product development and enhance services and customer support as SmartMoving scales its cloud-based platform.

Hemingway Capital Leads Recapitalization of GTA Containers; Parkway Capital and Farragut Invest

March 15, 2022

Manufacturing

Hemingway Capital led a recapitalization of GTA Containers, LLC, partnering with the company's senior management. Parkway Capital and Farragut Capital Partners each provided subordinated debt and equity to support the transaction and to back GTA's growth and product expansion initiatives.

Golden Gate Capital Invests in Covia Following Chapter 11 Emergence

December 31, 2020

Industrial Services

Golden Gate Capital announced an investment in Covia as the company emerged from Chapter 11 after completing a financial restructuring that reduced long-term debt by approximately $750 million and cut fixed costs, including railcar obligations, by about $300 million. Golden Gate and its affiliates are the largest individual shareholder in Covia, a supplier of mineral-based material solutions headquartered in Independence, Ohio with an extensive network of plants and terminals across North America.