Tracked deals
12
12 tracked deals across 2018-2024.
Towson, MD, United States
Lower middle-market investment firm that partners with family, founder, and owner-operated businesses. Operates two complementary strategies: Crescentia Capital (equity buyouts) and Parkway Capital (mezzanine).
Tracked deals
12
12 tracked deals across 2018-2024.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
6 addon · 3 buyout · 2 recapitalization
Last 7 years
Supporting Data
AllClear Underground Solutions, LLC completed its acquisition of Engineered Spray Solutions (ESS), a spray-applied infrastructure rehabilitation and coatings provider focused on water, wastewater, and chemical containment systems. AllClear said the deal expands its Southeastern U.S. inflow and infiltration prevention capabilities, geographic reach, and service offerings.
Calvert Street Capital Partners portfolio company Machine Specialties, Inc. has acquired Cambridge Specialty Company, Inc., a Berlin, Connecticut-based precision manufacturer of flight-critical aerospace, defense and space components. The add-on expands MSI's capacity and capabilities, providing customer and service diversification while supporting growth initiatives.
Calvert Street Capital Partners has made a control investment to form a new platform, Traffic Safety (Traffic Safety Solutions Holdings, LLC), by acquiring D2K Traffic Safety, Inc. The investment is alongside industry veteran Kathi Holst (who will serve as Operating Partner) and is supported with mezzanine financing from NewSpring Mezzanine and Southfield Mezzanine to fund growth and future add-on acquisitions.
Arctaris Impact Investors (with co-investor Calvert Street Partners and support from ERIE Insurance, The Abell Foundation, and NIIF) made a follow-on growth equity investment in Up To Date Laundry (UTD), one of the largest healthcare laundry facilities on the U.S. East Coast. The capital will fund automation, energy-efficiency upgrades, linen purchases for new customers, and workforce expansion in Baltimore.
Calvert Street Capital Partners has formed a new platform, Allclear Underground Solutions, and acquired Rowland, Inc., a West Central Florida provider of underground water and wastewater infrastructure services. The investment, made in partnership with Rowland's senior management and led operationally by CEO Brian Johnson, positions Allclear to pursue further add-on acquisitions and expand services for municipal and utility customers across Florida and the Southeast.
Calvert Street Capital Partners recapitalized Machine Specialties, Inc. (MSI) in partnership with the company's management team to support MSI's next phase of organic and acquisitive growth. The transaction closed on September 20, 2021 and positions MSI to expand capabilities serving aerospace & defense, medical, industrial and other end markets.
Parkway Capital, the mezzanine investment arm of Calvert Street Investment Partners, provided subordinated debt to lead a recapitalization of Phoenix Feeds & Nutrition, marking the company's first institutional capital. The financing is intended to support PFN's growth initiatives and expansion of operations across New England and New York.
Calvert Street-backed pharmacy software provider FDS completed a strategic merger with Amplicare effective August 31, 2020, combining Amplicare's Medicare plan comparison and decision-automation tools with FDS's New Era Pharmacy platform. The combined organization will remain based in Fort Worth, Texas, operate additional locations in New York City and Columbia, Maryland, and serve more than 15,500 pharmacies nationwide to expand capabilities and data-driven services for community pharmacies.
Technical Diagnostic Services (TDS), backed by Calvert Street, has acquired Potomac Testing, Inc., a Crofton, Maryland-based provider of low- and medium-voltage electrical testing, maintenance and engineering services. The businesses will continue to operate under distinct brands and the deal is positioned as an add-on to expand TDS's service footprint and capabilities in the Mid-Atlantic.
Advanced Grinding Solutions, operating as Abrasive Form and owned by Calvert Street Capital Partners, has acquired Sun Country Industries from McNally Industries. The acquisition expands Abrasive Form’s precision machining and assembly capabilities to better serve aerospace and industrial gas turbine customers.
Thermal Process Holdings, a platform formed by Calvert Street Capital Partners and led by John Hubbard, acquired Hudapack Metal Treating, Inc. and P&L Heat Treating. Patriot Capital provided senior debt and equity financing to support the transaction as TPH continues a buy-and-build strategy in the thermal processing industry.
Calvert Street Capital Partners has completed the acquisition of Zebra Environmental & Industrial Services and named Bill Hunter as President and CEO. Founded in 2005 by David and Amy Tedder, Zebra is a regional provider of environmental, industrial, and emergency response solutions across the southeastern United States; Calvert Street plans to support Zebra's growth and expand its multidisciplinary service offering.
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