Capitala Group announces the successful sale of its remaining equity investment in Nth Degree, Inc., a market-leading provider of exhibit management and event services, to Shamrock Capital.?With the recent sale of Nth Degree, Capitala’s equity position has been fully realized, generating an 85% IRR since the initial investment was made. “Capitala has supported Nth Degree and its management since 2015. The Company’s partnership with MSouth Equity Partners began in December 2019 and withstood a global pandemic, economic headwinds, and a challenging interest rate cycle,” said Randall Fontes, Managing Director of Capitala. “If it weren’t for an extraordinary management team and support from MSouth Equity Partners, these results would not have been achievable.” Read the full press release here: https://lnkd.in/d7Pfx559 ***** Capitala Group?is an asset management firm that has been providing private credit and private equity capital to lower- and middle-market businesses across North America for over twenty-five years. Since our inception in 1998, Capitala has invested and managed over $2.7 billion* utilizing our flexible capital mandate to deliver creative financing solutions. We aim to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success. For more information, visit?www.CapitalaGroup.com. *Includes invested capital since inception, callable capital to commingled funds and available credit facilities, and discretionary and non-discretionary managed accounts. #privateequity #privatecredit #acquisitions #smallbusinesses #eventmanagement #exhibitmanagement
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Managing Director at Elliott Davis
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