Investment Summary

RF Investment Partners and Hidden River Strategic Capital Invest In ProSite Services

On July 1, 2024, mezzanine finance firms RF Investment Partners and Hidden River Strategic Capital invested in business services company ProSite Services

Investment Highlights
  • This is RF Investment Partners’ 6th and Hidden River Strategic Capital’s 1st transaction in the Business Services sector.
  • This is RF Investment Partners’ 31st and Hidden River Strategic Capital’s 1st transaction in the United States.
  • This is RF Investment Partners’ 2nd and Hidden River Strategic Capital’s 1st transaction in North Carolina.

Investment Summary

Date 2024-07-01
Target ProSite Services
Sector Business Services
Investor(s) RF Investment Partners
Hidden River Strategic Capital
Deal Type Growth Capital

Target

ProSite Services

Charlotte, North Carolina, United States
ProSite Services provides portable sanitation and dumpster rental services to the construction, film, industrial, and other industries. ProSite Services is based in Charlotte, North Carolina.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor
DESCRIPTION

RF Investment Partners is a private investment firm focused on providing flexible capital solutions to small and mid-sized companies. The Firm looks to invest $10 to $40 million of equity/debt capital capital to support businesses with at least $10 million of revenue. Funds are generally used to support buyouts, recapitalizations, acquisitions, shareholder liquidity needs, and family successions. RF Investment Partners was formed in 2016 and is headquartered in New York City.


DEAL STATS #
Overall 32 of 36
Sector: Business Services M&A 6 of 8
Type: Growth Capital M&A Deals 11 of 11
State: North Carolina M&A 2 of 3
Country: United States M&A 31 of 35
Year: 2024 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-25 Nextpoint

Chicago, United States

Nextpoint delivers powerful cloud-based technology that automates litigation workflows for all matters from eDiscovery to trial. Nextpoint continues to see rapid adoption of the company's industry-leading software by law firms, corporations and government agencies of all sizes. Nextpoint was founded in 2001and is based Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 Covr

Springville, Utah, United States

Covr provides workforce management software to the post-acute care industry. The company's scheduling, communication, and engagement solutions help facilities streamline scheduling workflows, ensure regulatory compliance, and facilitate communication with employees. Covr was formed in 2016 and is based in Springville, Utah.

Buy -
DESCRIPTION

Hidden River Strategic Capital is an investment firm that provides structured capital—a blend of flexible debt and equity—to owner?operated small businesses across the US. The Firm typically invests between $and $25?million in companies with at least $10?million of revenue and durable business models, offering non?control capital solutions tailored for growth, acquisitions, refinancings, and liquidity events. Hidden River Strategic Capital is based in Radnor, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1