Progress Equity Partners Leads Recapitalization of Hanson Lab Solutions

Progress Equity Partners Recapitalizes Salisbury Moore with Farragut, NewSpring Mezzanine and Salem Investment Partners

September 10, 2024

Construction

Progress Equity Partners has completed a recapitalization of Salisbury Moore, a Raleigh, North Carolina-based hotel renovation and remodeling company. Farragut Capital Partners, NewSpring Mezzanine, and Salem Investment Partners invested subordinated debt and equity to support the recapitalization and enable Salisbury Moore’s continued growth; existing management will remain in place.

NewSpring Mezzanine and Jackson Partners Recapitalize GLH Construction

March 12, 2020

Construction

NewSpring Mezzanine participated in an investment to support a majority recapitalization of GLH Construction led by Jackson Partners. The capital will be used to hire additional employees and invest in sales and marketing as GLH, a Windsor, Colorado-based infrastructure contractor, pursues regional growth.

Strength Capital Partners and Neuberger Berman Recapitalize ESP Associates

July 9, 2025

Engineering Services

Strength Capital Partners closed a single-asset continuation vehicle to recapitalize ESP Associates, providing liquidity to Strength Capital’s existing investors and bringing in follow-on capital led by investment funds affiliated with Neuberger Berman. The transaction includes significant rollover by SCP and the ESP management team and is intended to fund organic growth and strategic add-on M&A to expand the platform’s geographic footprint and service offerings.

Align Capital Partners Recapitalizes Premier Biotech

December 7, 2022

Medical Devices

Align Capital Partners has completed a recapitalization of Premier Biotech, a Minneapolis-based provider of point-of-care drugs of abuse testing devices and accredited laboratory services. Cascadia Capital served as exclusive financial advisor; Align will partner with management to scale the business, accelerate product development and expand the company's reach across workplace, government and clinical end markets.

CenterOak Partners Majority Recapitalizes HK Solutions Group

July 14, 2021

Environmental Services

CenterOak Partners completed a majority recapitalization of HK Solutions Group, a Des Moines-based provider of water and wastewater infrastructure inspection, cleaning, repair and industrial services in the U.S. Midwest. The HK Solutions management team, led by CEO Wade Anderson, will remain in place as CenterOak plans to grow the business organically and via add-on acquisitions to expand service capabilities and market presence.

Prairie Capital, Skyline Global Partners and S2G Ventures Recapitalize Lief Labs

October 26, 2021

Food & Beverage

Prairie Capital VII, Skyline Global Partners and S2G Ventures have partnered with Lief Labs' management and founder Adel Villalobos to recapitalize Lief Labs, a Valencia, California-based dietary supplement formulator and contract manufacturer. The recapitalization provides growth capital and strategic advisory to support investments in technology, raw materials and formulations, supply chain, human capital, production capacity and potential add-on acquisitions while the existing management team and CEO remain in place.