Leading micro-cap investment firm adds three new properties in the Carolinas
Succession Capital Partners (SCP), a specialty-private equity firm focused on the micro-cap alternative asset class in the Mid-Atlantic and Southeast, announced today the acquisition of three new income-producing properties in North Carolina and South Carolina. The South Carolina properties are located in Columbia and Clemson, with Dollar General as the tenant. The North Carolina property is located in Smithfield, with Family Dollar as the tenant.
“These acquisitions further Succession’s mission of delivering superior returns to our investors by identifying market inefficiencies in the micro-cap alternative asset class,” said Matt Malone, managing partner of Succession Capital Partners. “Our innovative micro-cap model has allowed us to source great real estate assets with high-quality tenants that provide consistent, reliable, and current yield returns for our investors. We look forward to continuing to grow both our private equity and real estate portfolio.”
These income-producing properties will add to SCP’s portfolio, which grew by eight properties in 2015, with acquisitions in Virginia, West Virginia, South Carolina and North Carolina. Current tenants include industry leaders such as Mattress Firm, AT&T, Advance Auto Parts, O’Reilly Auto Parts, Dollar General and Family Dollar.
About Succession Capital Partners
Succession Capital Partners, (SCP) is a specialty-investment firm focused on the micro-cap alternative asset class in the Mid-Atlantic and Southeastern United States. SCP invests private equity in both operating companies and real-estate assets under $30 million in enterprise value.
SCP has a unique blend of investment and operational experience. Drawing on more than 80 years of experience in alternative-asset investing, operational management and real-estate investment, SCP offers a comprehensive suite of services rarely found in one firm. SCP exploits the inefficiencies inherent to the micro-cap asset class to deliver superior returns to our investors.
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