Corbel Capital Partners Realizes Investment in L.M.L. Estate Management

Press Release Feb 13, 2023 5:00 PM EST

LOS ANGELES, February 13, 2023 (Newswire.com) – Corbel Capital Partners (“Corbel”) is pleased to announce that Corbel has successfully realized an investment (the “Transaction”) in the L.M.L. Estate Management portfolio of brands, which was sold to Crane Group, a family-owned investment holding and management company based in Columbus, Ohio.

The Company, which was re-named Fairwood Brands by Crane, is a Fort Wayne, Indiana-based portfolio of high-end design, installation, and maintenance services businesses for landscapes, hardscapes, and more. Since Corbel’s investment in January 2022, the Company has expanded its geographic reach into three new regions via three add-on acquisitions, funded by Corbel, which significantly grew revenue and profitability. The exit represents an exceptional outcome for both the Company and Corbel, and substantially validates Corbel’s ability to act as a strategic partner and capital provider beyond Corbel’s initial investment.

“We are thrilled to have the passionate team at Crane Group as partners,” said Jason Allevato, founder of Appalachian Capital Holdings, the sponsor equity partner which initially sourced the platform and initiated the portfolio build-out. “This transaction is an excellent example of Corbel’s ability to creatively structure win-win capital solutions which create opportunities for operators to grow their businesses.”

“The Corbel team was a pleasure to work with,” said Scott Morris, co-founder of L.M.L. Estate Management. “Corbel’s strategic thinking and capital support for the Company helped us continue to provide an unprecedented level of service to our growing customer base.”

About Corbel Capital Partners
Corbel is a Los Angeles based independent investment firm that makes investments into owner-entrepreneur-run businesses. For more information, visit www.corbelcap.com.

About Appalachian Capital
Appalachian Capital Holdings (“AppCap”) is an Ohio-based family investment office and independent private equity sponsor that seeks to acquire and grow consumer-facing, service-oriented businesses. For more information, visit www.appcapholdings.com.

About Crane Group
Crane Group is a family-owned company that passionately invests in business, people, and good. Based in Columbus, Ohio and powered by 75 years of proven success, they help partners and communities thrive by providing strategic leadership, flexible capital, and a collaborative spirit. They are creating a future where businesses succeed by running thoughtfully and equitably while uplifting others. www.cranegroup.com

About Fairwood Brands
Fairwood Brands is a nationwide family of companies that create premium outdoor spaces while delivering gold-standard customer service. These companies specialize in luxury landscaping and estate management—providing partnership that anticipates people’s needs and then delivers exceptional results.

Source: Corbel Capital Partners

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Ismailov claims to be politically persecuted thumbnail

Ismailov claims to be politically persecuted

Ismailov priveden juče u Viši sud, Foto: SAVO PRELEVIC Azerbejdžanski oligarh Telman Ismailov tvrdi da nema nikakve veze sa ubistvom dvojice privrednika u Moskvi i da je potjernica raspisana za njim proizvod političkog i ekonomskog progona ruskih vlasti. On je to rekao pred sudijom za istragu Višeg suda u Podgorici Vladimirom Novovićem, koji mu je…
Read More
The first response to the Algerian commentator Draghi after accusing him of “insulting” and “insulting” the Moroccan people thumbnail

The first response to the Algerian commentator Draghi after accusing him of “insulting” and “insulting” the Moroccan people

الجزائر ـ متابعات: دافع المعلق الرياضي الجزائري في شبكة “بي إن سبورتس”، حفيظ دراجي، عن نفسه بعد انتشار منشور تم نسبه إليه بمواقع التواصل، “يسب” فيه مملكة المغرب، عن طريق الرد على رسالة لإحدى الفتيات. وانتشرت صورة على مواقع التواصل، يزعم ناشروها أن دراجي “يسب” فيها المغرب وشعبه، وهو ما نفاه المعلق الجزائري. وكتب دراجي،…
Read More
More sleep and a better quality of life: homeschooling also had advantages thumbnail

More sleep and a better quality of life: homeschooling also had advantages

Lockdown zum Pandemie-Beginn Mehr Schlaf und bessere Lebensqualität: Homeschooling hatte auch Vorteile Die Schulschliessungen im Frühling 2020 wirkten sich teilweise auch positiv auf das gesundheitliche Wohlbefinden vieler Jugendlicher aus. Das zeigt eine neue Studie der Universität Zürich. Die Forschenden plädieren nun für einen späteren Schulstart am Morgen. Der fehlende Schulweg im Lockdown brachte Schülerinnen und…
Read More
Actress Pens Emotional Tribute to Late Actor, Junior Pope thumbnail

Actress Pens Emotional Tribute to Late Actor, Junior Pope

A Nigerian actress, Onyinye has mourned the death of actor, Junior Pople. Recall that the actor died after drowning on a movie set. Onyinye took to Facebook to mourn the death of the actor. She wrote: “Boss… my heart is really heavy writing this. 😭😭😭😭 I’m shocked. 😢😢 I don’t even know what to say…
Read More
沖縄県の観光業界団体、県に事業規模に応じた経営支援を要望、県内旅行の支援キャンペーン再開も thumbnail

沖縄県の観光業界団体、県に事業規模に応じた経営支援を要望、県内旅行の支援キャンペーン再開も

沖縄ツーリズム産業団体協議会および沖縄県観光協会等協議会は、沖縄県と沖縄県議会に対して、コロナ禍における観光産業の再興に向けた支援などで要請書を提出した。「新型コロナウイルス感染症の影響を受けている観光産業の再興に関する条例」に基づく経営支援については、データに基づいた経営規模、損失額に応じた支援を求めたほか、現在支援を受けている飲食業以外の事業者への事業規模に応じた支援の検討を要請した。「まん延防止等重点措置指定に伴う沖縄県対処方針」を受けてのキャンセルに対する事業支援については、県内旅行を推進する「おきなわ彩発見キャンペーン事業」での取消料対象期間外も含めた事務経費の損害補填への支援に加えて、修学旅行や団体旅行のキャンセルに対する損失補填も求めた。観光回復に向けて令和4年度の観光予算確保については、事業継続に向けて固定経費支援、人材育成、安全安心の受け入れ体制の強化に対する予算措置の検討を要請。まん延防止等重点措置延長に伴う方針緩和では、人数制限などの感染防止策を講じたうえで、「おきなわ彩発見キャンペーン事業」の再開を求めた。このほか、ワクチン接種率向上、PCR検査の拡大、抗原定性検査キットの流通確保を要請した。
Read More
Paintsil: We’ll beat Gabon to redeem image thumbnail

Paintsil: We’ll beat Gabon to redeem image

Joseph Paintsil - Black Stars Ghana midfielder, Joseph Painstil has assured Ghanaians that the Black Stars will give their best in subsequent matches to redeem themselves after the painful 1-0 defeat to the Atlas Lions Morocco. Sofiane Boufal scored the only goal when Morocco played Ghana in the Africa Cup of Nations (AFCON) Group C…
Read More
Index Of News
Total
0
Share