April 07, 2017

MSouth Announces the Successful Exit of Power Pro-Tech Services

Atlanta, GA (April 7, 2017) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of Power Pro-Tech Services (“PPT”), a subsidiary of EnergyCo. Holdings, to PowerSecure, a subsidiary of Southern Company. PPT is the largest generator maintenance service provider with an in-house technician force and expertise in the servicing of distributed power systems including generators, switchgear, solar inverters and fuel cells. The Company has a large and loyal customer base in industries ranging from data centers to hospitals, telecommunications, cable, property management, retail and beyond.

“We are very pleased to announce the successful sale of Power Pro-Tech to PowerSecure,” said Barry Boniface, an MSouth Partner. “The transaction is the realization of a long-term investment strategy that has generated a good return for our investors. The successful outcome is a direct result of Bob Byrne and his team’s hard work and dedication to the Company’s customers and employees.”

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 $150 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of companies in sectors where the firm has significant investment, management and transactional experience. MSouth invests with the objective of increasing operating cash flow through growth initiatives and active ownership. A key element of MSouth's investment strategy is partnering with proven management teams to create value. Founded in 2007, MSouth manages $1.3 billion with three active funds.  MSouth is the successor to Cravey, Green & Wahlen, which was formed in 1984.