Private Equity DealCloud’s User Base Grows with Addition of CapitalSouth Investments, LLC

Share Article

CapitalSouth chooses Private Equity DealCloud’s platform to manage its pipeline of investment opportunities and monitor its expanding portfolio of growth companies

DealCloud, LLC announced today that it has added CapitalSouth Investments, LLC (CapitalSouth) to its growing base of PE DealCloud users. CapitalSouth, a mezzanine and equity capital provider also based in Charlotte, selected DealCloud’s industry specific SaaS platform to support its fund operations and to manage its portfolio and fundraising activities. Business Development Manager, Adam Richeson, said, “We looked at different solutions, but ultimately decided on PE DealCloud because it was engineered for the business that we do. During the demonstration, we could immediately tell the PE DealCloud team had designed the platform for the intentional use of Alternative Investment professionals. We weren’t looking for a CRM for widgets where we’d have to compromise on industry workflows and nomenclature.” CapitalSouth trialed PE DealCloud before deciding if it fit their needs. As part of the trial, DealCloud imported CapitalSouth’s data so that the experience was more beneficial and companies, contacts, and deals resonated with the firm.

CapitalSouth wanted a platform that met several specific criteria. The solution had to tailor to their workflow process, fit the firm’s nomenclature, be implemented quickly, and make day-to-day operations more efficient. One of the aspects that stood out to CCO & Director of Portfolio Management, Michael Marr, was how quickly PE DealCloud was implemented and continues to be tailored to meet CapitalSouth’s needs. Marr stated, “We executed the subscription agreement, DealCloud imported our data, and in two weeks our firm was fully engaged and leveraging the benefits of the CRM software. It enhanced the CapitalSouth process and made collaborating with deal teams more efficient. The DealCloud team has been highly responsive and timely with additional configurations. They know this industry so there are no communication barriers.” DealCloud is always available for support and has quickly implemented configurations that CapitalSouth asks for in order to tailor the solutions to their comprehensive sourcing and reviewing processes. The team at CapitalSouth is continually innovating and developing new automated workflows within PE DealCloud which further supports its mission of investing in mature companies with strong management teams.

As its SaaS platform user base continues to expand, DealCloud is excited to add CapitalSouth as a customer. Ben Harrison, President of DealCloud, said of CapitalSouth, “We worked with the team to complete an on-premise deployment to ensure CapitalSouth was in compliance with all registration and compliance requirements. Our deployment flexibility and ability to quickly configure a solution that addressed CapitalSouth’s activities which span multiple segments of the capital structure made this a successful deployment. Having such a well-known and sophisticated firm using our software helps us build our own reputation and expertise as a provider.”

About CapitalSouth Investments, LLC:
CapitalSouth was founded in 1998 to provide private equity and mezzanine capital to lower middle-market companies. Since its inception, CapitalSouth has closed over 80 transactions, representing over $2 billion in total transaction financings. With over $650 Million under management through multiple committed funds, CapitalSouth actively seeks to invest in lower middle-market companies located throughout the U.S. CapitalSouth is headquartered in Charlotte, NC and operates full-service offices in Dallas, TX, Louisville, KY, Orlando, FL, and Raleigh, NC.

About DealCloud, LLC.
DealCloud was formed in 2010 by a passionate team with deep private equity, technology, and operating experience to bring technology-enabled products and services to the private equity, investment banking, and lending community. DealCloud launched its PE DealCloud product in early 2011, and its namesake dealflow platform in Q4 2011. With offices in Raleigh and Charlotte, North Carolina, Geneva, Switzerland, and India, DealCloud is positioned in large financial and technology centers worldwide offering hands-on sales, implementation, and ongoing support.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Lucy Barber
DealCloud LLC
704 248-5659
Email >
Visit website