Le Lézard
Classified in: Business
Subject: VEN

LO3 Capital Announces Investment in Diamond Builders, Inc.


NEW YORK, Feb. 22, 2024 /PRNewswire/ -- LO3 Capital, a private investment firm providing transformative capital to lower-middle market companies, announced today a debt and equity investment in Diamond Builders, Inc. ("DBI") alongside private equity firm Tamarix Equity Partners, a trusted partner to family and founder-owned businesses across North America.

DBI manufactures prefabricated modular buildings that serve a variety of government and commercial end markets, including education, industrial, natural disaster relief, healthcare, and military. Founded in 2002 in Douglas, GA, DBI has developed a reputation for quality and reliability over its 20+ year operating history.

Modular buildings have seen steady adoption over the last two decades as their suitability to various end markets and myriad benefits versus traditional construction have been increasingly recognized. DBI's wide array of high-quality and customizable modular structures provide long and short-term solutions to a diverse set of end users with a fast, cost-efficient, environmentally friendly, and reliable product.

"Diamond Builders has carved a fantastic position within the growing modular segment. We look forward to working with DBI and its founding family to build upon this stellar foundation and to continue delivering industry leading solutions" said Mark Hauser, Managing Partner at Tamarix.

Wesley Roberts, Partner at LO3 Capital, said, "DBI provides a first-class product to their customers. We are excited to partner with Tamarix and DBI during this next phase of growth."

About LO3 Capital
LO3 Capital is a minority owned private investment firm committed to helping lower-middle market companies grow. The firm has offices in Nashville, New York and Dallas and targets business with over $3 million of EBITDA across a variety of industries. LO3 Capital partners with management teams, business owners, and private equity firms to finance organic growth, acquisitions, recapitalizations, and ownership transitions. LO3 Capital was previously a division of Live Oak Growth Capital and continues to manage the Live Oak Growth Capital funds. For more information, please visit lo3capital.com.

About Tamarix Equity Partners
Tamarix Equity Partners, a middle market private equity firm based in New York City, invests in founder and family-owned companies at an inflection point in their growth, providing capital, resources and expertise to support long term, sustainable returns for all stakeholders. For more information, please visit tamarixequity.com

SOURCE LO3 Capital LLC


These press releases may also interest you

at 00:14
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for April 19, 2024. OKX...

18 avr 2024
DHGATE Group has won the "Best B2B Cross-Border E-Commerce Marketplace Company China 2024" award at the Global Business & Finance Magazine Awards. The award recognizes leading enterprises with innovation and leadership from various industries, and...

18 avr 2024
Vipshop Holdings Limited , a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for three years...

18 avr 2024
LEEF Brands, Inc. ("LEEF" or the "Company")  , a premier vertical cannabis operator, today announces that the holders of its 11.0% Secured Convertible Debentures due September 9, 2024 (the "September 9 Debentures") have approved proposed amendments...

18 avr 2024
SK Telecom today announced a collaboration with Aptos Labs, Brevan Howard, and Microsoft to deliver to the global financial market Aptos Ascend, a suite of end-to-end institutional solutions including a permissioned network and Digital Asset...

18 avr 2024
Curio Legacy Ventures, Inc., a Washington DC-based company dedicated to advancing a closed fuel...



News published on and distributed by: