Seacoast Capital Announces Successful Recapitalization of Patriot Environmental Services, Inc.
Summary
Patriot is now capitalized to pursue a growth strategy that will strengthen the companys leadership position in the environmental services industry. Jeff Holland, Partner at Seacoast Capital, stated "Patriot is a leading company in the environmental services space and we look forward to helping them grow and expand." Patriot delivers the highest quality of service by employing talented and reliable individuals with extensive and broad-ranged experiences, and providing them with the tools and technology necessary to meet client needs. As a result of clients trust, Patriot now has a team of over 250 employees to handle difficult and delicate work, safely and responsibly. Seacoast Capital (http://www.seacoastcapital.com/) was founded in 1994 to make non-controlling subordinated debt and equity investments in privately-held lower middle market companies.