Private equity firm Southfield Capital LLC on Aug. 7 announced its partnership with Milrose Consultants Inc.
Founded in 1988, Milrose provides compliance consulting services to the class A commercial real estate market through its portfolio of permitting, code and zoning, regulatory filing, due diligence and other compliance solutions.
The company's owners and senior management team will continue to lead the company following the transaction. Milrose managing partner Domenick Chieco will transition from his role to CEO post-close.
OFS Capital and Modern Bank provided debt financing. Wiggin & Dana provided legal counsel to Southfield Capital.