1. Home >
  2. Investors >
  3. Private Equity Firm >
  4. United States >
  5. South Carolina >
  6. Azalea Capital

Azalea Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Azalea Capital has acquired 1 company. It has also invested in 6 others.

Azalea Capital’s most common sectors for investment areengineering (12%) and food (12%) . The Firm’s most common investment types include growth capital (44%) and buyout (lbo, mbo, mbi) (20%). In total, Azalea Capital has invested in 9 US states.

In the last 3 years, Azalea Capital has exited 3 companies. The Firm’s most common exit type is trade sale (34%).

Subscribe to Mergr to view Azalea Capital’s full profile and discover more small private equity firm investors just like it.

M&A Summary

  • M&A Total Activity40
    • M&A Buy Activity25
    • M&A Sell Activity15
  • Total Sectors Invested 18
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 15
  • M&A Advisors 1

Azalea Capital

Azalea Capital

55 Beattie Place, Suite 1500,
Greenville, South Carolina 29601
United States
(864) 235-0201
www.azaleacapital.com

Azalea Capital is a private investment firm focused on providing equity capital to privately owned middle-market companies located in the Southeast US. Prospective transaction situations include management buyouts, divestitures, recapitalizations, and growth financings. Target companies typically have at least $10 million in revenue and are profitable with up to $8 million of EBITDA. Sectors of interest include niche manufacturing, value-added distribution, business services, consumer products, and healthcare. Azalea was formed in 1995 and is based in Greenville, South Carolina.


Investment Criteria

Sectors of Interest: Aerospace, Automotive, Business Services, Chemicals, Consumer Products, Distribution, Energy Services and Equipment, Engineering, Food, Healthcare Services, Information Technology, Manufacturing, Packaging, Plastics, Real Estate

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Growth Capital, Recapitalization, Secondary Buyout, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 10 100
Target EBITDA 1 10
Investment Size - -
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.4/yr) # 18 - - 2 3 2 25
Sell (1.0/yr) # 10 2 2 1 - - 15
  40

Most Recent M&A

Company Date Value Type
The Pickle Juice Co. 2025-06-18 - Growth Capital
Mesquite, Texas · www.picklepower.com
ASAP Response, Inc. 2025-05-13 - Growth Capital
, United States
The Virginia Food Group 2024-11-08 - Growth Capital
Wakefield, Virginia · www.vadinerrestaurant.com
Rainbow Restoration of Greenville SC 2024-08-07 - Divestiture
Greenville, South Carolina · www.rainbowrestores.com
Low Falls Nursery, Inc. 2024-03-26 - Growth Capital
Cameron, South Carolina · www.lowfallswholesalenursery.com
Brittle-Brittle, Inc. 2023-07-12 - Growth Capital
DeSoto, Texas · www.brittle-brittle.com
Modus LLC 2023-04-04 - Trade Sale
Washington, District of Columbia · www.discovermodus.com
Landscapers Supply, Inc. 2023-02-14 - Growth Capital
Greenville, South Carolina · www.landscapers-supply.com
Ark Naturals Co. 2022-09-07 - Trade Sale
Tampa, Florida · www.arknaturals.com
Power Services Group, Inc. 2022-07-11 - Secondary Sale
Cape Coral, Florida · www.powerservicesgroup.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Consumer Products 2 (25%) - 3 (12%) -
Engineering - - 3 (12%) -
Food 1 (13%) - 3 (12%) -
Business Services - - 2 (8%) -
Aerospace - - 1 (4%) -
Agriculture 1 (13%) - 1 (4%) -
Automotive - - 1 (4%) -
Beverages 1 (13%) - 1 (4%) -
Chemicals - - 1 (4%) -
Consumer Services 1 (13%) - 1 (4%) -
Distribution - - 1 (4%) -
Energy Services and Equipment - - 1 (4%) -
Franchising 1 (13%) - 1 (4%) -
Information Technology - - 1 (4%) -
Machinery 1 (13%) - 1 (4%) -
Packaging - - 1 (4%) -
Plastics - - 1 (4%) -
Real Estate - - 1 (4%) -
Total 8 - 25 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 8 (100%) - 25 (100%) -
  South Carolina 3 (38%) - 10 (40%) -
  Georgia - - 4 (16%) -
  Florida - - 3 (12%) -
  Texas 2 (25%) - 2 (8%) -
  Virginia 1 (13%) - 2 (8%) -
  Illinois 1 (13%) - 1 (4%) -
  North Carolina - - 1 (4%) -
  District of Columbia - - 1 (4%) -
Total 8 - 25 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 7 (88%) - 11 (44%) -
Buyout (LBO, MBO, MBI) - - 5 (20%) -
Divestiture 1 (13%) - 3 (12%) -
Consolidation - - 2 (8%) -
Recapitalization - - 2 (8%) -
Stake Purchase - - 2 (8%) -
Total 8 - 25 -

Exits by Deal Type

Type Total # Value
Secondary Sale 6 (40%) -
Trade Sale 5 (33%) -
Bankruptcy 1 (7%) -
Recapitalization 1 (7%) -
Trade Sale - Public Company 1 (7%) -
Unknown 1 (7%) -
Total 15 -

Top M&A Advisors

Financial Deals
Harris Williams
 1

M&A Connections

Deals
Acquired from
Strategic(s)
4%
1 (4%)
Exited to
Investor(s)
40%
6 (40%)
Strategic(s)
33%
5 (33%)

Investor Summary

Investor Type

Private Equity Firm

Size

Small

Established

1995

Specialist/Generalist

Generalist

Leadership

Patrick Duncan

Co-Founder & Managing Partner

Marshall Cole, III

Managing Partner & CFO

Ben Wallace

Partner

Meredith Pflug

CFO

Ed Stein

Director of Business Development

FAQ

When was Azalea Capital founded?

Azalea Capital was founded in 1995.

What type of investor is Azalea Capital?

Azalea Capital is a private equity firm.

Where is Azalea Capital headquartered?

Azalea Capital is headquartered in Greenville, South Carolina.

 Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
Get Full Access

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore an investment firm’s investment criteria, deal history, portfolio, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Mergr

Solution for

Product

Company

Legal