Everside Capital Partners Announces Exit of Alcrete
September 2025
Everside is pleased to announce the full realization of its investment in Alcrete LLC (the “Company”), a precast concrete manufacturer with plants throughout the Southeast. The transaction included the refinancing of Everside’s senior subordinated debt position and the simultaneous redemption of its equity warrants.
Founded in 2021 and headquartered in Oakbrook Terrace, IL, Alcrete is a manufacturer of precast and prestressed concrete products including stormwater, sanitary, bridge, and specialty structures. Alcrete provides construction contractors with precast and prestressed concrete solutions for vital infrastructure projects.
Everside partnered with a trusted Midwest-based SBIC in March 2023 to support Alcrete’s first add-on acquisition of a complementary precast concrete business. During our investment period, the Company executed on both organic and inorganic growth strategies, achieving consistent revenue and earnings growth.
Everside is an SEC-registered investment advisor, as well as a SBIC (Small Business Investment Company) license holder based in New York, NY. With $2.5 billion in assets under management across its funds, Everside partners with leading SBIC managers in the lower middle market through its primary and secondary investing strategies, and also makes direct credit and equity investments in small businesses through its direct investing strategies. As a flexible capital provider, Everside offers debt and structured equity solutions for recapitalizations, acquisitions, liquidity events, and management buyouts.
For more information, please visit us at everside.com.
*This communication is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or of any fund or account Everside Capital Partners, LLC (the “Adviser”) manages or offers. Although the information provided herein has been obtained from sources which the Adviser believes to be reliable, we do not guarantee its accuracy, and such information may be incomplete or condensed. Registration with the SEC does not imply (i) a certain level of skill or training or (ii) an endorsement by the SEC. The information is subject to change without notice and the Adviser has no obligation to update you.
This document should not be the basis of an investment decision. An investment decision should be based on your customary and thorough due diligence procedures, which should include, but not be limited to, a thorough review of all relevant term sheets and other offering documents as well as consultation with legal, tax and regulatory experts. Statements made in this release include forward-looking statements which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” or believe,” or other variations thereon. Certain information contained herein constitutes opinions, intentions, or beliefs of the Adviser, which may be preceded by the terms “belief,” “opinion,” or other similar terms. Such statements of “opinion” merely represent the Adviser’s state of mind and should not be construed as a material statement of fact. Any use of adjectives or superlatives included herein are a good faith opinion of the Adviser including but not limited to language such as “exhaustive,” “superior,” or “leading,” and should not be construed as material statements of fact. Further, other third parties may not agree with the opinions of the Adviser.