CapitalSouth SBIC Fund IV recently invested USD5.8 million in Stadium Consolidation (Staging Concepts) in a combination of subordinated debt and preferred equity.
Headquartered in Minneapolis, Minnesota, Staging Concepts is a manufacturer of staging and seating risers, acoustical products, and railing products for sports stadiums, performing arts facilities, and live event venues. The Company also manufactures modular and custom stainless steel railings systems and fabricates aluminium rails for commercial high-rise construction projects.
CapitalSouth Growth Fund’s investment will help the Company’s next phase of growth.
