FAQ: Crescentia Capital's Investment in C&D Industrial Maintenance

What is the main purpose of Crescentia Capital’s investment in C&D Industrial Maintenance?

The investment is intended to fuel organic growth initiatives and strategic acquisitions, helping C&D build the Southeast’s leading door and dock services platform.

Who are the key companies and individuals involved in this transaction?

Crescentia Capital (equity buyout unit of Calvert Street Investment Partners) is investing in C&D Industrial Maintenance, with key executives including Michael Booth (partner and CIO) and Brian Guerin (managing partner).

What geographic areas does C&D Industrial Maintenance serve?

C&D serves customers in Florida, Georgia, Tennessee, Alabama, Mississippi, Arkansas, North Carolina, and South Carolina.

What other companies are in Crescentia Capital’s current portfolio?

Crescentia Capital’s current portfolio of nine companies includes All Clear, D2K, and Terra Nova.

What financial and legal advisors were involved in this transaction?

Current Capital Partners acted as financial advisor to Crescentia Capital, Petra Capital Partners provided financing, and Stevens & Lee and Willkie Farr & Gallagher served as legal counsel.

What is the relationship between Crescentia Capital and Calvert Street Investment Partners?

Crescentia Capital is the equity buyout unit of Calvert Street Investment Partners, which also operates Parkway Capital providing mezzanine debt and minority equity investments.

What is the scale of Calvert Street Investment Partners’ overall investment activities?

As of June, Calvert Street had invested over $1.1 billion, including about $615 million in equity buyout investments and about $525 million in mezzanine and minority equity investments across over 145 middle-market companies.

When was C&D Industrial Maintenance founded and what services do they provide?

C&D Industrial Maintenance was founded in 2018 and provides commercial door and loading dock services across the Southeast region.