McGuireWoods advised Exeter Street Capital Partners in its recapitalization of Price Circuits LLC and Circuitronics LLC, completed in partnership with Capitala Group, Five Points Capital and the Varghese family.
The transaction — Exeter’s fourth platform investment — launches a new buy-and-build strategy targeting the design, prototyping, and pre- and mid-commercial fabrication of advanced printed circuit boards for the aerospace and defense, consumer and niche industrial markets.
The McGuireWoods deal team was led by partner J.D. Costa and included Nicholas Arlen Tremps, Josh Powers, Jon Neal and Paul Navarro. Yuan-Ying Hsu and Donald Kwasigroch advised on debt finance matters. Phillip Coover and Madeline Cain provided counsel on real estate matters.
McGuireWoods also advised Exeter’s portfolio company, Persona Services Group, in its acquisition of Sheer Service LLC and certain assets of EVO Door & Window LLC. Sheer and EVO are leading facility services providers for some of the largest brands in the United States. The combined company offers customers one-stop facility services capabilities covering a wide range of requirements and will leverage the size and scale of Persona Services Group to accelerate growth.
Costa led the McGuireWoods team representing Persona Services Group. Neal, Navarro, Joseph Reynolds, Nicole Dalrymple and Andrew Skowronski also advised on the acquisition, while Hsu and Kwasigroch handled debt finance matters.
“We were pleased to assist Exeter in these strategic transactions and demonstrate the depth of experience our team brings to independent sponsor deals,” Costa said. “Independent sponsors are a critical and growing part of the private equity landscape, and our platform is built to support them at every stage, from initial platform acquisitions through add-on growth and recapitalizations.”
McGuireWoods represents independent sponsors and capital partners in majority and minority equity investments. The firm’s 9th annual McGuireWoods Independent Sponsor Conference will take place Oct. 27-28, 2026, in Dallas. Registration is now open. In addition to hosting the leading national conference, the firm provides unparalleled resources across the independent sponsor community through year-round networking groups, curated introductions and online resources.