Azalea Capital

Azalea Capital, established in 1995, is a Greenville, South Carolina-based private equity firm. It focuses on investing equity capital in lower middle-market companies across the Southeastern U.S., with annual revenues ranging from $10 million to $100 million. The firm specializes in facilitating management buyouts, business recapitalizations, and growth plans, targeting investments in sectors such as business services, industrial, consumer goods, and healthcare.

Marshall H. Cole

Managing Partner and CFO

Patrick A. Duncan

Co-Founder and Managing Partner

William Lucas

Principal

Ben Wallace

Partner

Past deals in South Carolina

Muffin Mam

Private Equity Round in 2018
Muffin Mam, Inc. is a manufacturer and distributor of a variety of baked goods, primarily targeting retailers and food service outlets. Established in 1990 and based in Simpsonville, South Carolina, the company specializes in crème cakes, muffins, pound cakes, brownies, and angel food cakes, developed from homemade recipe formulas. Muffin Mam caters to a diverse clientele that includes grocery stores, club stores, airlines, convenience stores, and cafeterias, offering customized packaging solutions to meet specific client needs. The company is recognized for its range of traditional, decorated, and uniced cakes, appealing to a wide array of taste preferences in the food industry.

Power Equipment Maintenance

Private Equity Round in 2003
Power Equipment Maintenance (PEM) is a provider of maintenance and modification services tailored to the power generation industry, including nuclear, fossil, and hydro sectors. Founded in 1996 by Keith W. Ravan in Anderson, South Carolina, the company has built a reputation for delivering high-quality, performance-driven solutions that prioritize customer satisfaction. PEM offers a range of specialized services, such as turbine and generator inspection and repair, contract maintenance, and technical augmentation. The company's core capabilities encompass outage execution, equipment repair and refurbishment, process piping, and equipment installation. Additionally, PEM provides comprehensive support services, including balance of plant maintenance and reactor coolant pump services, ensuring a holistic approach to power generation maintenance. Over the years, PEM has experienced significant growth and success, establishing itself as a full-service provider in the industry.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.