Lower-middle-market private equity firm Capitala Group injected growth capital into Peterson Manufacturing LLC. through its Growth Fund.
The Sarasota, Fla.-headquartered company manufactures custom deep-drawn stamping and conversion services for the automotive, appliance, plumbing and gauge markets.
Capitala Managing Director Adam Richeson and CEO Joe Alala III will join Peterson's board.
K&L Gates LLP was legal counsel to Capitala.