Corbel Capital Partners Realizes Investment in L.M.L. Estate Management
LOS ANGELES, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Corbel Capital Partners ("Corbel") is pleased to announce that Corbel has successfully realized an investment (the "Transaction") in the L.M.L.
- LOS ANGELES, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Corbel Capital Partners ("Corbel") is pleased to announce that Corbel has successfully realized an investment (the "Transaction") in the L.M.L.
- Estate Management portfolio of brands, which was sold to Crane Group, a family-owned investment holding and management company based in Columbus, Ohio.
- Since Corbel's investment in January 2022, the Company has expanded its geographic reach into three new regions via three add-on acquisitions, funded by Corbel, which significantly grew revenue and profitability.
- The exit represents an exceptional outcome for both the Company and Corbel, and substantially validates Corbel's ability to act as a strategic partner and capital provider beyond Corbel's initial investment.