Atlanta, GA (June 5, 2020) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of Crom LLC (“Crom”) to Sciens Water. Crom designs, builds, and maintains prestressed concrete water and wastewater tanks for municipal and industrial customers across the U.S. southeast. The company is headquartered in Gainesville, FL and has constructed over 4,300 tanks since its founding in 1953.

“We are very pleased with the result of our investment in Crom,” said Mike Long, an MSouth Partner. “Backing a talented management team with deep experience in prestressed concrete was critical to the value creation we experienced during our investment.”

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. Based in Atlanta, with an office in Nashville, 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. With over $2.2 billion under management across four funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.