Eagle Merchant Partners (EMP), an Atlanta-based private equity firm specializing in franchise and multi-unit businesses, has acquired a majority stake in Sam the Concrete Man (SamCo), the largest residential concrete services franchisor in the United States. SamCo is a franchised provider of driveway and sidewalk repair, patio installations, and other residential concrete projects. Its franchisees […]
Archives for October 29, 2024
Nautic Partners Raises $4.5 Billion for Eleventh Fund
Nautic Partners has announced the close of its latest fund, Nautic Partners XI LP (“Fund XI”), with $4.5 billion in limited partner commitments, surpassing its initial target of $3.75 billion. The fund reached its hard cap and attracted a diverse group of investors, including public and private pension plans, insurers, health systems, fund of funds, […]
L2 Point Closes Oversubscribed Inaugural Fund
L2 Point Management has announced the closing of its first structured equity fund, L2 Point Opportunities Fund I LP (“Fund I”), with $312 million in capital, exceeding its target. Combined with an additional $148 million raised through Fund I co-investment vehicles, the firm’s total capital raised reaches $460 million. Limited partners in Fund I include […]
Canaccord Genuity Strengthens TMMIS Group with Lance Maerov Hire
Canaccord Genuity has announced the addition of Lance Maerov to its U.S. investment banking team as a managing director within the technology, media, marketing, and information services (TMMIS) group. Mr. Maerov joins Canaccord Genuity from Dinmont Ridge, a firm he founded in 2023 to provide advisory services to private equity and strategic investors. At Canaccord […]
