MSouth Equity Partners, an Atlanta-based private equity firm, announced the closing of its newest investment. In partnership with the company’s management team, MSouth completed the acquisition of Nth Degree, Inc. MSouth invests primarily in the South with a consistent focus on management buyouts of business services, specialty distribution, niche manufacturing, healthcare services, and telecommunications/media companies. To date MSouth has acquired approximately 35 companies in the southeast.
The Company is one of the nation’s leading providers of exhibit management and event services. From its headquarters in Atlanta, Georgia as well as 23 satellite offices across North America and several major European cities, Nth Degree serves clients at over 13,000 event and trade show projects annually.
“Nth Degree has a demonstrated track record of leadership and success in the face-to-face marketing industry,” said Barry Boniface, Partner, MSouth Equity Partners. “Nth Degree’s customer base, experienced team, and commitment to innovation make it well-positioned to pursue a growth strategy centered on expanding its breadth and depth of services. We look forward to partnering with the management team to help the company grow in alignment with its customers’ global event marketing needs.”
Nth Degree CEO Rich Ennis and the existing executive team will continue to lead the company that entered its fifth decade in the industry earlier this year.
“Nth Degree is excited to partner with MSouth Equity Partners to expand the services and solutions we provide worldwide. Our customers will benefit from new investments that expand our in-house service offerings, enhance our capacity, and augment our technology tools to streamline the planning process,” said Ennis. “We are confident our partnership with MSouth Equity Partners will support our continued growth and success.”
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $200 million. With over $2.2 billion under management across four funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.
