Atlanta, GA (September 2, 2011) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the closing of its newest investment. In partnership with management, MSouth completed the recapitalization of PetroLiance, LLC.
Founded in 2006 through the merger of four companies, PetroLiance is a leading value-added, specialty distributor of industrial, commercial and passenger vehicle lubricants, fuel and ancillary products and services. Based in Raleigh, NC, the company serves a diverse set of over 6,850 customers across a variety of end market segments. PetroLiance's solutions reduce customer downtime, deliver substantial cost savings and increase component and product life.