credit fundverified

Graycliff Partners

New York, NY · ~$<1B AUM

In one paragraph. Graycliff Partners is a credit fund based in New York, NY managing roughly $<1B in assets. In Tampa Bay its capital sits behind Panther Service Group, which together control 4 local brands.

Why it invests in the trades

Provided a unitranche debt and equity co-investment on May 27, 2026 supporting Pearl Street Capital Partners' acquisition of Tampa Bay's Apex Plumbing. Managing director Frank Cacace said Graycliff looks forward to supporting the platform 'as it seeks plumbing, HVAC, and electrical service acquisitions in Florida.'

Platforms in Tampa Bay (1)

Local brands ultimately backed by Graycliff Partners (4)

Deals

Frequently asked

What does Graycliff Partners own in Tampa Bay?

Apex Plumbing, Garrett Plumbing, Mason Air Conditioning and Heating, Green Light Electric Services, through Panther Service Group.

Is Graycliff Partners a private-equity firm?

Graycliff Partners is classified as a credit fund.

How long will Graycliff Partners hold these companies?

Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.

Sources Verified — primary document

  1. Graycliff Partners (2026-05-27) — press release. Financing structure, Apex Plumbing description, Cacace quote

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