Spring Capital Closes New Investment in Southern Shade Tree Company
SPRING CAPITAL PARTNERS V, L.P.
is pleased to announce the closing of an investment in
Southern Shade Tree Company
Subordinated Debt and Preferred Equity
Transaction Overview
Spring Capital Partner V, L.P. (“SCP V”) invested subordinated debt and common equity to support Mosaic Capital Partners’ acquisition of Southern Shade Tree Company (“SST” or the “Company”). SCP V partnered with Pine Street Capital Partners and Southfield Mezzanine in financing this transaction.
About Southern Shade Tree Company
Founded in 1954, Southern Shade Tree Company is vertically integrated landscaping service company, offering new construction and maintenance landscaping services. SST owns Bentwood Farms, which grows and sells sod and other horticulture products.
About Spring Capital Partners
Spring Capital Partners (www.springcap.com) was founded in 1999 to provide mezzanine capital to growing small and medium sized businesses. The firm is currently investing out of its fifth fund, SCP V, a $375 million SBIC. SCP V invests subordinated debt and minority equity, typically in the range of $4 million to $25 million per investment, in change of control/buyout transactions, often with committed private equity funds and independent sponsors, as well as in support of acquisitions, growth, and minority recapitalizations.