White Wolf Private Credit Recapitalizes Pacific Power & Systems

Pacific Power & Systems Acquires Adkins Electric

November 19, 2021

Construction

Pacific Power & Systems (PPS), a platform company backed by White Wolf Capital, has acquired Adkins Electric, a Jacksonville, Florida-based full-service electrical contractor. White Wolf provided capital (senior term debt, preferred equity and a minority common equity co-investment) to PPS to complete the add-on acquisition, expanding PPS's service capabilities and geographic footprint in Northern Florida and the Southeast; terms were not disclosed.

White Wolf Capital Recapitalizes JS Global

February 1, 2021

Government & Public Sector

White Wolf Capital has completed a recapitalization of JS Global, a Maryland-based government services contractor that builds anti-terrorism and force protection systems. Management will remain a significant minority investor; the transaction provides JS Global with additional capital and resources to accelerate organic growth and pursue M&A initiatives.

Heartwood Partners Makes Growth Investment in Norlee Group; White Wolf Exits

November 5, 2024

Industrial Services

Heartwood Partners made a growth investment in Norlee Group, a Jacksonville, Florida-based provider of electrical, mechanical, technology, fire protection and engineering services, with White Wolf Capital exiting its prior investment. Heartwood is partnering with Norlee's management to accelerate organic growth and support add-on acquisitions; since the investment Norlee has completed three strategic acquisitions to expand capabilities and market presence in Florida. Transaction terms were not disclosed.

Seneca Partners Acquires Wyoming Corporate Services with Financing from White Wolf and Source Capital

November 6, 2023

Professional Services

Seneca Partners acquired Wyoming Corporate Services, a Cheyenne-based corporate formation and registered agent services company. Source Capital (via SCCO IV) and White Wolf Private Credit provided debt financing and an equity co-investment to close the transaction and fund growth and compliance-related initiatives; the seller was owner Gerald Pitts.

NewCo Plastics (White Wolf) Acquires Magenta and Affiliates with LO3 Capital Financing

May 28, 2024

Manufacturing

White Wolf Capital Group’s platform NewCo Plastics has acquired Magenta LLC and its affiliates Permian Plastics LLC and MM Plastics LLC, expanding its vertically integrated custom injection molding capabilities across medical, personal care, pharmaceutical, food & beverage and other end markets. LO3 Capital provided a senior subordinated debt and equity investment to support NewCo’s acquisition as part of White Wolf’s platform build strategy.

White Wolf's Seacoast Service Partners Acquires Cypress Plumbing

September 10, 2024

HVAC & Mechanical

Seacoast Service Partners, a platform formed by White Wolf Capital Group, has acquired Cypress Plumbing, a locally operated plumbing company based in Fort Myers, Florida. The deal is the sixth add-on for the SSP platform and expands the platform's footprint and service capabilities in Southwest Florida.