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New State Takes a Stake in Rabco themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
New State Capital Partners And Mako Steel Take Majority Stake In Rabco Creates First Nationwide Player in Self-Storage Solutions News provided by Share this article Share this article LARCHMONT, N.Y., March 17, 2021 /PRNewswire/ New State Capital Partners ( New State or the firm ) and its portfolio company, Mako Steel, today announced they have made a majority investment in Rabco Enterprises LLC, a full-service provider of self-storage building systems based in Winter Garden, FL. Together, Mako and Rabco will form a nationwide self-storage solutions company. Terms of the transaction were not disclosed. The Rabco executive team will retain a stake in the combined operation. Mako Steel CEO Caesar Wright will become CEO of the combined entity, and Emmett Buster Owens III, president of Rabco, will continue with the combined company. Ron Raboud and Larry Cox, owners of Rabco, will remain in advisory roles to the combined business. ....