Crescentia Capital Invests in Southeast Door & Dock Leader C&D Industrial

Crescentia Capital, the equity buyout unit of Towson, Maryland-based Calvert Street Investment Partners, has made a strategic growth investment in Bradenton, Florida-based C&D Industrial Maintenance, a leading provider of commercial door and loading dock services across the Southeast. This investment is poised to fuel both organic growth initiatives and strategic acquisitions as C&D aims to build the region's premier door and dock services platform. Founded in 2018, C&D serves customers across eight states including Florida, Georgia, Tennessee, and the Carolinas, positioning it for significant expansion with this new capital infusion.

The transaction involved several key financial and legal advisors, with Current Capital Partners serving as financial advisor to Crescentia Capital, while Petra Capital Partners provided crucial financing support. Legal counsel was handled by Stevens & Lee and Willkie Farr & Gallagher, ensuring the deal's smooth execution. Crescentia Capital's leadership team includes Michael Booth, a former Ernst & Young executive who serves as partner and chief investment officer, and Brian Guerin, managing partner, both bringing extensive M&A expertise from their backgrounds at major accounting firms. This investment adds to Crescentia's portfolio of nine companies, which includes All Clear, D2K, and Terra Nova.

Calvert Street Investment Partners, which operates both Crescentia Capital and Parkway Capital, has demonstrated substantial financial muscle with over $1.1 billion invested across more than 145 middle-market companies. Parkway Capital specializes in mezzanine debt and minority equity investments ranging from $3 million to $12 million per transaction, typically targeting companies with $10 million in annual revenue. This strategic move reinforces Calvert Street's commitment to building regional leaders through targeted investments in specialized industrial services companies.