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Private Equity

Vesta Modular Announces New Investment From Balmoral Funds

by vcaonline.com posted 2months ago 23 views
LOS ANGELES, November 16, 2018-- VESTA Modular, a leading provider of modular buildings, today announced it had completed a transaction with California-based Balmoral Funds, LLC ("Balmoral"). The transaction solidifies a partnership whereby Balmoral and management acquired the outstanding ownership interests of VESTA's initial investors - Soaring Pine Capital, LLC and Wells Fargo Central Pacific Holdings. All parties involved believe this new capital structure will position VESTA for continued growth. This transaction marks a new chapter in VESTA's journey as the company continues to increase revenues and market-share within the modular sales and leasing industry.

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