Capitala Announces Exit of Growth Fund from BTM

11/14/19

By Ryan Haar, NC Biz News

Capitala Group, a provider of capital to lower and middle market companies, announced the exit of CapitalSouth Growth Fund IV, L.P. from BTM Company, LLC, in a statement Wednesday.

Capitala first invested in BTM, a manufacturer of sheet metal products for automation, in June 2015 to provide them with capital insights for growth.

“This is a great example of our growth capital strategy at work and we wish them continued success in the future,” said Adam Richeson, managing director of Capitala Group.

Capitala Group is an asset management firm and has invested in over 150 companies since its start in 1998.

Shares of Capitala Finance Corp. were trading at $8.59 on Wednesday, up 12 cents.

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