May 15, 2014
MSouth Announces the Successful Exit of GaiaTech Inc.
Atlanta, GA (May 15, 2014) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of GaiaTech Inc., a leading provider of value-added environmental risk management and engineering services.
"We are proud of how the GaiaTech team has grown and extended the company’s market leadership in the environmental services industry over the past six years” said Mike Long, an MSouth Partner. “Backing a strong management team, led by GaiaTech’s outstanding CEO, Phil Newton, was key to the company’s growth and expansion of its suite of services."
GaiaTech is a recognized leading provider of environmental risk management consulting services to transaction-oriented clients – private equity firms, investment bankers, strategic buyers and law firms. The company also provides value-driven technical advice, environmental management training and compliance services geared towards correcting environmental deficiencies with an emphasis on cost containment and efficiency improvement.
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 $25 - $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. MSouth is a successor to Cravey, Green & Wahlen, Inc. which was founded in 1984.