McGuireWoods advised private equity firm Chartwell Investments Entrepreneur
& Founder Capital (CHIEF Capital) in
its growth investment in
Guardian Fleet Services Inc., a provider of towing, recovery and specialized transportation
services. The investment will accelerate Guardian’s growth trajectory as it
continues expanding its industry-leading capabilities and geographic
CHIEF Capital provides flexible private equity for entrepreneurs,
family-owned businesses and corporate carve-outs. It focuses on lower
middle-market companies with an emphasis on healthcare, healthcare
services, business services and niche manufacturing segments. Guardian
Fleet Services has 23 locations throughout Florida and Georgia.
Partner Tom Zahn,
chair of McGuireWoods’ Corporate & Private Equity Department, and
Stuart Rasley led the deal team, which included associates
Ryan Sanders and Erin Ball.
Penny Zacharias and associate
Matthew VanDyke assisted on the transaction.
“We value our longstanding relationship with CHIEF Capital and were pleased
to assist in closing an important transaction for our client,” Zahn said.
McGuireWoods has represented CHIEF Capital and its portfolio companies in
nearly a dozen transactions. Notably, the firm represented portfolio
company TTG Imaging in several deals, including its sale to Sentinel
Capital Partners in 2021.
McGuireWoods ranked among
the leading law firms for U.S. M&A deals in 2022. Its private equity capabilities have earned nationwide recognition from
Chambers USA and
The Legal 500. The firm also was a finalist in six deal categories for the
2022 M&A Advisor Awards, which recognized top corporate transactions and the firms involved in