On September 20, 2024, EverLine Coatings and Services, a franchisor of line painting, pavement maintenance, and other essential facility services, secured an investment from Red Iron Group, a Menlo Park, California-based private investment firm, through the sale of shares in the Everline Group of Companies to Red Iron. The growth equity investment will be used to enhance EverLine’s existing systems further while increasing capacity, ensuring that the company can meet the growing demand for its services across North America. EverLine’s CEO and founder, John Evans, will continue to lead the company with his ownership of the business.
Cassels acted as lead counsel to Everline.