Svoboda, Collins LLC said it partnered with executive management and PNC Mezzanine Capital to buy a stake in Cape Electrical Supply.
Girardeau, Mo.-based Cape Electrical has 18 locations in Missouri, Illinois, Kentucky and Tennessee.
“We look forward to maintaining the strong culture that Cape has developed while partnering with their outstanding management team in the company’s next phase of growth,” said John Svoboda, senior managing director. “This investment reflects Svoboda, Collins’ continuing focus on partnering with top-tier management teams to invest in and help build leading companies in our target sectors.”