June 30, 2014
MSouth Announces the Successful Exit of Thompson Industrial Services, LLC
Atlanta, GA (June 30, 2014) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of its interest in Thompson Industrial Services LLC, a leading provider of industrial cleaning services to a broad base of over 275 industrial facilities located throughout the Southeast and Midwest.
"For many years, Greg Thompson and his team have done a very good job growing the business, both through organic initiatives and by successfully making multiple add-on acquisitions.” said Bart McLean, an MSouth Partner. “This transaction provides liquidity to our MSouth investors, while enabling the company to continue with its growth plan."
Thompson serves diverse end markets such as pulp and paper, power, steel and metals, chemicals and plastics and oil and gas. Thompson's mission-critical services improve the longevity and safety of its customers' plants and equipment, materially improving profitability by restoring efficiency to its clients' production processes.
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 $25 - $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. MSouth is a successor to Cravey, Green & Wahlen, Inc. which was founded in 1984.