CapitalSouth Growth Fund Completes $4.7 Million Investment in S&S Management Group, LLC
CHARLOTTE, N.C., April 30, 2015 (GLOBE NEWSWIRE) -- CapitalSouth SBIC Fund IV, L.P. (the "CapitalSouth Growth Fund") announced today that it recently invested $4.7 million, in a combination of secured debt and preferred equity, in S&S Management Group, LLC.
Headquartered in Morehead City, North Carolina, S&S Management Group provides third-party investigative and litigation support services, armed and unarmed guards, concierge security services, vehicle patrol, and CCTV monitoring services for retailers, hotels, malls, and government entities.
The investment made by the CapitalSouth Growth Fund will support the Company's next phase of growth.
About CapitalSouth Growth Fund:
CapitalSouth Growth Fund and its CapitalSouth Partners predecessors were founded as early as 1998 to provide financial solutions to lower and traditional 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. To learn more about CapitalSouth Growth Fund, please visit www.CapitalSouthPartners.com
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 100 transactions, representing approximately $700 million of investments in a variety of industries throughout North America. Capitala Group manages both public capital (Capitala Finance Corp. (Nasdaq:CPTA)) and private capital (including but not limited to the CapitalSouth Growth Fund) for its investors and seeks to partner with strong management teams to create value and serve as long term partners. For more information visit www.CapitalaGroup.com.
CONTACT: Capitala Group Stephen Arnall, Chief Financial Officer 704-376-5502 email@example.com