We are pleased to announce that we have successfully completed a growth recapitalization with Heritage Growth Partners LLC (“Heritage Growth”), an Atlanta, GA-based private, family investment office.
The purpose of the recapitalization is to support our growing operations, enable expansion of our capabilities, and fund future acquisitions. The partnership with Heritage Growth allows Larry Morgan, an investor and partner in the business since 2005, to focus efforts on his expanding auto dealership business, Morgan Auto Group.
“We are elated to enter this next phase of our growth and thank Larry Morgan for his longstanding and continuing support of our growth objectives,” said Jamie Harden, Chief Executive Officer of Creative. “In addition to capital, Heritage Growth brings strategic relationships and acquisition expertise which will help us reach our true potential. We look forward to accelerating our growth organically as well as expanding the business through selective acquisitions that bolster our capabilities and broaden our reach.”
Heritage Growth Managing Partner, Alex Mammen, who has joined the Board of Creative, added, “We are excited to partner with Jamie and the entire Creative team to help them reach their growth objectives and better serve their expanding client base. From the onset, we have been impressed by the culture, values, and leadership of the Creative team and their impressive roster of projects which includes a number of high-profile clients in the transportation, industrial, hospitality, multi-family, healthcare and education sectors.”
“Driven by differentiated design, a highly capable and experienced project management team and an impressive in-house manufacturing platform, Creative checks all of the boxes not just for its clients but for us as investment partners,” said Evan Toporek, Partner at Heritage Growth, who also joined the Board of Creative as part of the recapitalization. “We look forward to helping Creative further establish itself as an industry leader.”