Investing in the South,
lower middle-market focus.

Overview

MSouth Capital provides customized debt and minority equity financing solutions to lower middle market companies based primarily in the South*. We support management teams pursuing acquisitions, recapitalizations, generational transfers and other corporate initiatives. Based in Atlanta, Georgia, we have a long track record of successful investing in the lower middle market, delivering resources typically only available to larger firms. A key element of our investment strategy is partnering with proven management teams that have a track record of value creation.

MSouth Capital is a portfolio company of MSouth Equity Partners IV, L.P., an investment partnership managed by MSouth Equity Partners, LLC. Based in Atlanta, with an office in Nashville, MSouth Equity Partners, LLC., is a PE firm that has raised $2.2 billion of capital across four funds.

*Includes: Alabama, Arkansas, the Carolinas, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

What We Offer

We take a partnership approach with management to assist in implementing a range of strategic, operation and financial functions to help create value.

Growth
  • Prioritization of strategic objectives
  • Mergers & acquisitions
  • Geographic expansion
  • Customer and partner introductions
  • Sales & markets strategy and execution
  • Product / service strategy and roadmap
Human Capital
  • Organization structure
  • Compensation and incentives
  • Bench strength and talent enhancement
  • Recruiting
Performance Improvement
  • KPI development
  • Enhanced financial reporting
  • Salesforce effectiveness
  • Operational scaling
  • Marketing and channel optimization
  • Procurement and supply chain optimization
  • Pricing strategy
Financial & Capital Markets
  • Optimization of capital structure
  • Capital markets access and strategy
  • Tax structuring

Our Philosophy

Back Proven Management Teams

The cornerstone of our investment philosophy is that we seek to partner with outstanding management teams. We believe that the most critical element in any successful investment is the people. For this reason we attempt to partner with successful, experienced management teams. We expect these individuals to have significant ownership stakes in their company, to share our commitment to stable and sustainable growth and to maintain the highest standard of integrity.

Align Economic Incentives

While most of the capital committed will typically be in the form of a debt instrument, we are also interested in providing equity investments (up to 49% ownership). We believe minority equity ownership strengthens our shared commitment to success and ensures that our interests are aligned with those of our management partners.

Be a Trusted Capital Partner

We look to management to run the business while we aim to be an asset to management as a knowledgeable, interested, fair and trusted capital partner. Generating consistent growth requires collaboration. We are open and involved and encourage frequent informal communication with our management partners. Our role is to support management, and we will leverage our resources and network to help create value where we can.

At-A-Glance

$3 - $10M
EBITDA
< $30M
Debt Investment
< $10M
Minority Equity

Investment Criteria

We seek to be a trusted capital partner to proven management teams

fit
Strategic Fit
  • Excellent management team
  • Located in the South
  • Strategic use of capital proceeds
  • Within target industry
focus
Lower Middle Market Focus
  • At least $3M of EBITDA
  • Up to $30M Check size
  •     Larger checks through partnerships
  • Flexible and customized structures
financial
Financial
  • History of stable growth and profitability
  • Predictable cash flows
  • Strong free cash flow conversion

Team

Frank Izzo

Frank Izzo

Chief Executive Officer

Derek R. Crevello

Derek R. Crevello

Managing Director

Kyle D. McCuen

Kyle D. McCuen

Principal

Adam Klein

Adam Klein

Senior Associate

Nikhil Patel

Nikhil Patel

Associate

Contact

MSouth Capital

About MSouth

We are a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $200 million. Based in Atlanta with an office in Nashville, we invest primarily in the South with a consistent focus on management buyouts of companies in sectors where we have significant investment, management and transactional experience. We invest with the objective of increasing operating cash flow through growth initiatives and active ownership. A key element of our investment strategy is partnering with proven management teams to create value. Founded in 2007, MSouth manages $2.2 billion across four funds. MSouth is the successor to Cravey, Green & Wahlen, which was founded in 1984.

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