News

« All Articles

Parkway Capital Announces Investment in Overley’s and Hawkke

September 27, 2023

Parkway Capital (“Parkway”) is pleased to announce its portfolio company, Pacific West, LLC (“Pacific West” or the “Company”), has acquired Overley’s and Hawkke in partnership with Bluejay Capital Partners, Southfield Mezzanine, Pine Street Capital Partners and the senior management team. The addition of Overley’s and Hawkke allows the Company to continue its expansion strategy in the western U.S. and adds additional environmental and infrastructure service capabilities.

Founded in 1959 and headquartered in Gilbert, AZ, Overley’s is focused on serving the needs of utilities, industrial manufacturers, municipalities and numerous other customers by providing environmental waste management services to multiple end markets. Hawkke was founded in 2022 and provides environmental remediation and infrastructure construction services to the engineering consulting, municipal and utility industries.

For more information, please visit https://pacwestllc.com/

 

PARKWAY CAPITAL OVERVIEW

Since 2000, Parkway Capital has made investments in partnership with management, funded and independent equity sponsors, and family offices, providing flexible junior capital alternatives for lower middle market companies. Joining forces with the Calvert Street Capital Partners team in 2019, Parkway has an experienced, mezzanine-focused investment group that continues a more than two-decade long legacy of making mezzanine and minority equity investments. The Parkway investment professionals have collectively invested more than $495 million of capital across 70+ portfolio companies.

CALVERT STREET OVERVIEW

Calvert Street Capital Partners is a multi-fund management company formed in 1995 to pursue investment strategies focused on the lower middle market. In addition to Parkway, the firm’s mezzanine investment strategy, Calvert Street makes control equity investments and utilizes a research driven approach to identify attractive businesses providing critical services to the industrial and commercial sectors. Collectively, Calvert Street’s and Parkway Capital’s investment professionals have invested over $1.0 billion in 140+ companies.