XLCS Partners, Inc., a leading middle market investment bank, served as exclusive advisor to White Distribution & Supply, LLC (WDS), a portfolio company of Slate Capital Group, in its sale to AFC Industries (AFC), a portfolio company of Bertram Capital.

Slate invests in companies with cash flows of $3 million to $15 million and the CDM buy expands current portfolio to four operating companies.

Private equity, which has long prized fixed-service contracts and break/fix businesses in the red-hot HVAC market, is seeing the benefits of backing businesses offering upgrades and replacement work as U.S. commercial buildings enter a retrofit cycle.

PE Firm Invests in HVAC and Plumbing Contractor VMG.

Cumberland Diversified Metals is acquired by Slate Capital Group.

Slate Capital Group Invests in VMG, a Sterling, Va.-based HVAC and plumbing contractor focused on commercial projects.

Slate Capital Group, a private equity investment group invests in Vertical Mechanical Group (VMG), a full-service HVAC and Plumbing contractor specializing in large scale commercial projects.

Vertical Mechanical Group (VMG), a full-service HVAC and plumbing contractor specializing in large scale commercial projects received investments from Slate Capital Group.

Slate Capital Group, a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies, announced today its most recent investment, Vertical Mechanical Group (VMG). Based in Sterling, Virginia, VMG is a full-service HVAC and Plumbing contractor specializing in large scale commercial projects.

Slate Capital Group, a private equity investment group, has acquired Cumberland Diversified Metals, a value-added distributor and broker of specialty metals.

Private equity investment group Slate Capital Group has acquired Cumberland Diversified Metals (CDM), a Cleveland-based value-added distributor and broker of specialty metals.

Cumberland Diversified Metals, a leading value-added distributor and broker of specialty metals, was acquired by Slate Capital Group.

Slate Capital Group acquired Cumberland Diversified Metals, a Cleveland-based specialty metals distributor. Financial terms were not disclosed.

Slate Capital Group has acquired Cumberland Diversified Metals, a distributor and broker of metals.

Slate Capital Group, a private equity investment group with offices in Baltimore, Nashville, Tennessee, and Cincinnati that partners with lower-middle market companies, Wednesday acquired Cumberland Diversified Metals, a leading value-added distributor and broker of specialty metals.

Slate Capital Group, a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies, announced today its acquisition of Cumberland Diversified Metals, a leading value-added distributor and broker of specialty metals.

Slate Capital Group, a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies, announced today its acquisition of Cumberland Diversified Metals, a leading value-added distributor and broker of specialty metals.

An East Coast private equity firm has made Cincinnati one of its first markets for expansion with a new office. Slate Capital Group, based in Baltimore, Md., is expanding with its first locations outside its home market by adding offices in Cincinnati and Nashville, Tenn.

Slate Capital Group, a private equity investment firm, has expanded to the Midwest with new presences in Nashville and Cincinnati. Parker Davis, Erik Ginsberg and Rick Corcoran will manage the Baltimore, Nashville and Cincinnati offices, respectively.

Slate Capital Group, a private equity investment firm that partners with lower-middle market companies, announced today its expansion to the Midwest with new local presences in Nashville, TN and Cincinnati, OH. Parker Daviswill manage the Baltimore office, where Slate was established in 2004. Erik Ginsberg and Rick Corcoran will manage the Nashville and Cincinnati offices, respectively.