South Carolina
Quick Facts
- There are approximately 147 private equity-backed companies headquartered in South Carolina.
- These companies collectively employ more than 75,000 workers at all their facilities, including those located outside South Carolina.
- Private equity firms have invested an estimated $12.5 billion in South Carolina-based companies from 2002 to 2011.
- There are approximately 8 private equity firms headquartered in South Carolina.
Examples of Private Equity-Backed Companies
Ajax Rolled Ring & Machine
- Headquarters: York, SC
- Ajax Rolled Ring & Machine is a specialty manufacturer of contoured seamless rolled rings used for critical industrial components such as bearings, gears, and flanges. The company employs approximately 100 employees.
Spartan Foods of America
- Headquarters: Spartanburg, SC
- Spartan Foods of America, which has approximately 200 employees, makes frozen pizza, branded pizza crusts and pancakes that are sold through grocery stores and other retail outlets. Its brands include Mama Mary’s and Mystic Pizza and are sold in more than 20,000 outlets nationwide.
PEGCC Member Presence in South Carolina
- PEGCC members sponsor 82 companies that have approximately 989 facilities in South Carolina.
- These facilities employ more than 24,500 workers within South Carolina.
- 19 PEGCC members have a presence in South Carolina though their portfolio companies.
Source: PitchBook and PEGCC