Partnership to Accelerate Growth of National Commercial Surfaces Restoration and Maintenance Provider

LOS ANGELES--(BUSINESS WIRE)--June 10, 2025-- 

An affiliate of Angeles Equity Partners, LLC ("Angeles"), a private investment firm that partners with niche manufacturing, critical industrial services, and specialty distribution businesses to realize their full potential, has acquired a majority interest in Solid Surface Care Inc. ("SOLID"), a leading national provider of specialty maintenance and restoration services that enhance the appearance, ensure the durability, and extend the longevity of commercial surfaces. Established in 1996 and headquartered in Charlotte, North Carolina, the company specializes in deep cleaning, stain removal, and restoration of high-end carpet, concrete, metal, stone, and other sensitive surfaces.

"SOLID has established itself as both a leading national provider of surface care solutions, as well as a consolidator of choice in its highly fragmented market," said Frank Spelman, managing director at Angeles Equity Partners. "We are excited to partner with Michael Crippen and SOLID's leadership team to help drive its next phase of growth."

"We're thrilled to partner with Angeles Equity Partners, whose operational expertise and success in scaling similar businesses makes them the ideal fit for SOLID," said SOLID CEO Michael Crippen. "This partnership will allow us to accelerate our growth, invest further in our people and technology, and continue to deliver the exceptional quality and consistency on which our clients rely."

SOLID, Angeles' most recent investment within critical industrial services, provides science-based cleaning, enhanced disinfection, and experienced craftsmanship across more than 700 million square feet of commercial surfaces annually. Their essential, recurring maintenance solutions preserve and enhance facility assets across a diverse customer base. The company's nationwide self-performing service model provides clients with a single point of contact, contract, and invoice, ensuring consistent quality, streamlined communication, and cost-effective solutions across all customer locations. Angeles has partnered with SOLID co-founder and CEO Michael Crippen to expand the company's reach while maintaining its commitment to craftsmanship, innovation, and customer satisfaction. Crippen and the existing management team will continue to lead the business, building on SOLID's nearly 30-year track record as a trusted provider of essential facility care solutions.

"We believe SOLID has built a compelling national platform to support the maintenance and restoration needs of its diverse landscape of leading institutional and commercial customers," said Adam Lerner, operating partner at Angeles Operations Group. "SOLID's self-perform business model anchors its value proposition as a premier provider of surface care solutions and positions the business for continued future growth."

Angeles is proud to partner with SOLID in launching a comprehensive equity ownership program that will provide employees the opportunity to share in the value of ownership. This initiative reflects a conviction that empowering team members through ownership is a fundamental catalyst for building high-performing businesses.

Massumi + Consoli LLP served as legal counsel to Angeles Equity Partners, LLC, and Raymond James served as investment banking advisor. Fieldstone Partners served as financial advisor to SOLID, and Womble Bond Dickinson LLP served as legal counsel. The terms of the transaction were not disclosed.

About Solid Surface Care

SOLID is a leading national provider of self-performed surface care, maintenance, and restoration services for commercial facilities. Headquartered in Charlotte, North Carolina, SOLID serves a diverse customer base including corporate, healthcare, education, and retail sectors. The Company's comprehensive service offering spans hard and soft surfaces, delivering consistent, high-quality results through a client-centric approach. With nearly 30 years of experience, SOLID is trusted by some of the country's most prominent institutions to protect and maintain their built environments. Learn more online at www.solidcare.com.

About Angeles Equity Partners, LLC,

Angeles Equity Partners, LLC is a Los Angeles-based specialist private investment firm that partners with niche manufacturing, critical industrial services, and specialty distribution businesses to realize their full potential. Angeles' deep expertise in operational transformation and strategic repositioning drives the firm's investment philosophy. Learn more online at www.angelesequity.com.

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Trent Waterhouse

info@angelesequity.com

+1 623-523-1672

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June 10, 2025 07:13 ET (11:13 GMT)