Capitala Group, a middle market provider of public and private capital, announced today that CapitalSouth SBIC Fund IV, L.P. (the “CapitalSouth Growth Fund”) invested a combination of debt and equity in Installs Inc., LLC (“Installs” or the “Company”), in support of Graycliff Partners’ investment in the Company.
Headquartered in Buffalo, New York, Installs is a national provider of last mile logistics services for major retail chains and e-commerce businesses. Founded in 1994, Installs was the first national independent installation services provider of consumer electronics and appliances and currently maintains one of the largest networks of multi-skilled independent and certified technicians. This fully-vetted nationwide network of 3,400 technicians, combined with the company’s proprietary software system and 150+ employee contact center, allows retailers to outsource their complex installation and delivery dispatch needs across every zip code in the continental United States.
“We are excited to partner with management and Graycliff Partners on this deal to elevate Installs to the next level,” said Joe Alala, Chairman and CEO of Capitala Group. “Installs has a powerful vision for their future, and they have proven themselves committed to their customers and service capabilities with their ongoing customer base growth.”
K&L Gates LLP acted as legal counsel to CapitalSouth Growth Fund.
About Capitala Group
Capitala Group is a leading provider of capital to lower and traditional middle market companies, through its family of credit focused funds. Since 1998, Capitala Group's managed funds have participated in over 133 transactions, representing over $1.2 billion of investments in a variety of industries throughout North America. Capitala Group manages both public capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala Private Credit Fund V, L.P. and CapitalSouth SBIC Fund IV, L.P.) for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners. For more information, please visit www.CapitalaGroup.com.
About CapitalSouth Growth Fund
CapitalSouth Growth Fund and its CapitalSouth Partners predecessors were founded in 1998 to provide financial solutions to lower middle market companies. The CapitalSouth Growth Fund invests in mature companies, making debt and equity investments typically between $2 million and $10 million and invests in a variety of industries throughout the United States.