Diligence memo · auto-generated · as of July 2, 2026

SubSplit Services Group Partners, LP

SubSplit Services Group Partners, LP looks fair against its niche peers and is quiet on financing cadence.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

SubSplit Services Group Partners, LP operates in Construction, based in MEMPHIS.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

SubSplit Services Group Partners, LP has raised $19M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $20M on 2025-01-31.

Most recent recorded round closed around 2025-01-31.

Valuation (modeled)modeled

Provath models SubSplit Services Group Partners, LP at approximately $81M (range $47M–$129M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.90× the median modeled value of Series B Construction companies in 2025–2027 (10 peers) — value vs value, same stage and era. Within the normal band (90% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 17 mo ago; this sector typically re-raises about every 12 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 92% of Construction peers (1338 compared).

Modeled value ranks above 92% of those peers.

Closest niche peers: Stonegrove Residential Partners, LLC, Think Box Capital Group LLC, Avenlea, L.P., Tiseo Acquisition, LLC, Graham Income Trust.

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.