Merion Investment Partners provided subordinated debt & equity to support an add-on acquisition by Nelbud Services Group, Inc. (“Nelbud”), a Merion portfolio company.
Nelbud is a leading provider of commercial kitchen fire prevention and related maintenance services, including exhaust and ventilation system cleaning and inspection. The acquisition, Nelbud’s second, advances the company’s strategy to expand geographically into attractive growth locations in the Midwest.