Tracked deals
12
12 tracked deals across 2021-2025.
Greensboro, North Carolina, United States
Salem Investment Partners is an investment firm based in North Carolina specializing in mezzanine debt and equity investments in privately held, lower middle-market businesses across a wide range of industries, primarily in the eastern United States. The firm has over $500 million under management.
Tracked deals
12
12 tracked deals across 2021-2025.
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
6 buyout · 4 recapitalization · 1 addon
Last 4 years
Supporting Data
Broadtree Partners, a lower middle market private equity firm based in Charlotte, has acquired The CFO Project, a membership-based education and mentorship platform for accountants, CPAs and bookkeepers. The deal—supported by Salem Investment Partners—will position The CFO Project to scale its digital Certified CFO program and community of 500+ members under new CEO Dyanna Salcedo.
Azalea Capital has acquired Virginia Food Group (VFG), owner of brands including Virginia Diner, Feridies, The Peanut Shop of Williamsburg, and Red Rocker Candy. Farragut Capital Partners provided senior subordinated debt and equity alongside NewSpring Capital and Salem Investment Partners to support the acquisition, with Atlantic Union Bank providing senior debt financing.
A111 Capital has completed a majority buyout of Burnyzz, an Ocala, Florida-based classic car restoration, sales and service business. The transaction is supported by subordinated debt and equity investments from Farragut Capital Partners, NewSpring Mezzanine (NewSpring Capital), Pine Street Capital Partners and Salem Investment Partners to fund Burnyzz’s continued growth and capacity expansion while founder/management remain in place.
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.
L2 Capital completed the acquisition of Kosmos Q, a premium barbecue brand founded by Darian Khosravi, and appointed Scott Jensen as CEO. Oxer Capital Partners and Salem Investment Partners provided debt financing and co-invested; Generational Equity advised the seller. Terms were not disclosed.
Tecum Capital has made an investment in CM Industries, a Lake Zurich, Illinois-based manufacturer of welding equipment and consumable welding supplies, joining with CM Industries' senior management, Stacker Holdings, and Salem Investment Partners as co-investors. The capital will support expansion of CM Industries' manufacturing capacity and geographic reach across distributor channels serving markets in the United States, Mexico, Canada and Germany.
L2 Capital has made a strategic investment in The iFranchise Group and TopFire Media, a combined franchise consulting and digital marketing platform that serves franchisors. Merion Investment Partners and Salem Investment Partners co-invested alongside L2, with debt financing provided by First Bank of New Jersey; terms were not disclosed.
Directional Capital acquired Purple RTO Holdings, a franchisee operating Rent-A-Center locations across the Midwest and Southwest, with subordinated debt and minority equity provided by Spring Capital Partners IV alongside NewSpring Mezzanine and Salem Investment Partners. The transaction covers Purple’s ~63 retail Rent‑to‑Own locations (branded Purple Cactus and Purple Horseshoe) and expands Directional’s retail footprint.
Mosaic Capital Partners led an investment into the newly formed Gautier Steel Holdings Inc. ESOP, supporting the combination of two mills operating in Johnstown, Pennsylvania. Financial partners in the transaction included Tecum Capital, Salem Investment Partners and Patriot Capital, and CEO Glen Buckley will continue to lead the business while employees receive substantial retirement benefits through the ESOP.
L2 Capital's portfolio company Family Quest (the operator of Jurassic Quest) acquired Open World, Inc., the touring operator behind Brick Fest Live, to expand its family-entertainment touring platform. Farragut Capital Partners provided subordinated debt and equity to Family Quest to support the acquisition and refinance the company's existing debt, with Oxer Capital and Salem Investment Partners co-investing.
L2 Capital Partners recapitalized YakAttack, a vertically integrated designer and U.S. manufacturer of kayak fishing accessories headquartered in Farmville, Virginia. Salem Investment Partners and Oxer Capital provided debt financing and co-invested; terms were not disclosed. L2 said it will partner with founder Luther Cifers and management to expand product development, sales channels and distribution.
KLH Capital partnered with the management team of The Warehouse Rentals & Supplies (TWRS) in a recapitalization that gives management an ownership stake and brings in Salem Investment Partners as a financing partner. The deal will provide capital and resources to support TWRS’s growth as a national platform for surface-preparation equipment rental, value-added distribution, and on-site services.
Turn tracked acquisition activity into an outreach-ready buyer list.