Faegre Drinker provided legal counsel to Los Angeles-based investment firm Caltius Equity Partners in its significant investment in APHIX, a founder-owned provider of commercial landscape services in Kentucky and Tennessee. The transaction marks the first time APHIX has partnered with an institutional investor.
Caltius was founded in 1999 in Los Angeles, California, and has been a source of private capital to leading lower middle-market companies for over 20 years. The partnership with APHIX is a continuation of Caltius' experience in the facility services industry, which includes its past investment in Air Conditioning Innovative Solutions.
Read the full press release for more information on the deal.