Boston, MA, Capstone Headwaters, a leading international investment banking firm, advised Milrose Consultants (“Milrose”) on its partnership with Southfield Capital. Terms of the deal were not disclosed.
Based in New York City and founded in 1988, Milrose is a premier provider of building code compliance and consulting solutions that caters to the Class A commercial real estate market. For the past 30 years, Milrose has earned a reputation as the industry leader in the tri-state area and has consulted on iconic buildings or real estate developments such as Macy’s Herald Square, Madison Square Garden, 30 Rockefeller Plaza and Hudson Yards, among many others.
“[Capstone Headwaters is] an amazing team of professionals. The choice we made to have Capstone represent us was, in my opinion, the best one we made in 32 years,” commented William Rose, Co-Founder of Milrose Consultants. “We’ve come to an amazing realization of a dream that I know would not have happened without Capstone.”
“The founders of Milrose are leaders in building compliance services, providing value-add consulting, permit expediting and various other mission-critical solutions,” said Todd McMahon, Managing Director at Capstone Headwaters. “Their remarkable portfolio is a testament to their position as the premier choice in real estate expediters. This transaction will enable the next step in the continued growth and success of Milrose, and we are incredibly proud to have served as their advisor throughout this process.”
Southfield Capital, a private equity firm based in Greenwich, CT, has invested successfully in lower middle market businesses since 2002. It invests in exceptional, growing companies in the lower middle market and works collaboratively with owners and managers to take their businesses to the next level.