Concentric Announces Investment in Roebuck Wholesale Nursery and Landscaping
Concentric Announces Investment in Roebuck Wholesale Nursery and Landscaping
Concentric Announces Investment in Roebuck Wholesale Nursery and Landscaping
Concentric Investment Partners (“Concentric”) is excited to announce a new investment in Roebuck Wholesale Nursery and Landscaping, Inc. (“Roebuck”). Based in the Greenville-Spartanburg metro area, Roebuck is a leading provider of commercial and residential landscaping services serving the growing South Carolina, North Carolina, and Georgia markets.
Concentric partnered with Route 2 Capital Partners to provide debt and equity in support of CID Capital's acquisition of Roebuck.
About Concentric
Headquartered in Raleigh, North Carolina, Concentric provides flexible capital solutions to lower-middle market businesses across the United States. The partners at Concentric – Brent Burgess, Matt Young, and Corbin Graves – have worked together for over a decade and collectively invested more than $1.4 billion in over 100 businesses. Concentric is currently investing out of a $266 million fund.
Concentric targets companies with $3-15 million of EBITDA and partners with private equity firms and independent sponsors, as well as directly with business owners, to finance changes of control, acquisitions, recapitalizations, and growth. Concentric typically makes $5-20 million investments in the form of unitranche debt, subordinated debt, and equity co-investments, and can lead debt transactions as large as $50 million.
Please reach out to a member of our team if you would like to discuss a new transaction opportunity.