In late 2014, CapX Partners invested in Gro-Well Brands, headquartered in Phoenix, Arizona. Gro-Well is the largest company in the Southwest specializing in the production and marketing of natural and organic lawn and garden products. Global Environment Fund has successfully acquired and recapitalized Gro-Well, with management providing CapX its targeted mid-teens internal rate of return for a second lien debt investment.
“CapX stepped up and helped Gro-Well with a tranche of patient junior capital that propelled the company’s growth and allowed them to capture another beachhead home improvement account. We wish GEF and management all the best moving forward.” - Jeffry S. Pfeffer, Managing Partner