CHARLOTTE, NC, October 16, 2024 -- Capitala Group (“Capitala”), a Charlotte-based firm providing private credit and private equity to small businesses, is pleased to announce its recent debt and equity co-investment in Stueve Construction (“Stueve” or the “Company”).
Based out of Algona, Iowa, Stueve is the go-to provider for fertilizer storage solutions to the largest fertilizer manufacturers, distributors, retailers, and cooperatives in the U.S., completing over 1350 projects over the last 65+ years. Stueve invented the “rodless” dry fertilizer storage facility, which is now the standard for all large, dry fertilizer storage facilities.
“Capitala is excited to partner with the Stueve team to continue the Company's storied history of driving innovation in support of America's critical agricultural industry," said, Jack Vander Leeuw, Director at Capitala Group.
Capitala’s flexible capital mandate provided needed capital to assist in the acquisition and support the Company’s next phase of growth.
About Capitala Group
Capitala Group is an asset management firm that has been providing private credit and private equity capital to lower- and middle-market businesses across North America for over twenty-five years. Since our inception in 1998, Capitala has invested and managed over $2.7 billion* utilizing our flexible capital mandate to deliver creative financing solutions. We aim to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success. For more information, visit www.CapitalaGroup.com.
Press Contact:
Katina Cole Jakubowski
Director of Marketing
kjakubowski@capitalagroup.com
*Includes invested capital since inception, callable capital to commingled funds and available credit facilities, and discretionary and non-discretionary managed accounts.