Configure’s strategic approach and ability to react quickly to real-time macroeconomic events were instrumental in the completion of a successful transaction.
Configure Partners Advises Palm Beach Capital on its Majority Purchase of Growve
Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement, special situations, and M&A advisory services, announced today its role as financing advisor for credit facilities related to Palm Beach Capital’s majority purchase of Growve. This transaction represents Configure’s first partnership with Palm Beach Capital.
Growve is a leading multi-channel wellness platform offering a diverse portfolio of health, wellness, and beauty products across several brands. The company leverages strong in-house expertise across digital marketing, marketplace management, manufacturing, and supply chain to drive consistent growth.
“Configure’s strategic approach and ability to react quickly to real-time macroeconomic events were instrumental in the completion of a successful transaction,” said Palm Beach Capital Director Dylan Sloane. “Configure ran a smooth, efficient process, and we are excited to work together on future opportunities.”
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and negotiation of the financing-related documentation.
“We’re pleased to have supported Palm Beach Capital in their successful financing of Growve,” said Configure Managing Director Doug Clarida. “With the right capital partners now in place, Growve can focus on its strategic initiatives and maintain its growth trajectory. We look forward to watching its continued success.”
About Growve (https://www.growve.com/)
Growve is a $400+ million health and wellness company specializing in vitamins, minerals, and supplements and active nutrition. With a portfolio of over 2,000 SKUs, 15+ owned brands, and a global team of more than 500 employees, Growve boasts leadership in numerous wellness categories, best-in-class e-commerce capabilities, multi-channel distribution, and in-house manufacturing and logistics.
About Palm Beach Capital (www.pbcap.com)
Founded in 2001, Palm Beach Capital is a middle-market private equity investment firm based in West Palm Beach, Florida. Currently investing out of its sixth committed fund, the firm focuses on high-growth investment opportunities and partners with management teams in management buyouts, recapitalizations, and growth equity investments. Since its inception, Palm Beach Capital has made investments in 57 portfolio companies, with a focus on business services, healthcare, and transportation and logistics sectors. For more information, please visit the firm’s website at www.pbcap.com.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, special situations, and M&A advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s credit resolution and special situations practice is the trusted advisor for stakeholders confronting capital structure challenges. Our people-smart team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our clients’ teams, delivering unmatched results and an exceptional client experience.