RUNNING BUY-SIDE MANDATES

Listed below are Blue River’s current acquisition projects. If you are aware of, or represent companies that may be interested in pursuing a transaction, please contact Sara Clevenger, Partner.  All discussions will be treated with the utmost confidentiality.  Blue River’s fees are paid by its clients.

BUSINESS SERVICES:

• Express Car Wash Space – Market-leading company in the express car wash space is actively pursuing strategic partnerships to strengthen its position and expand its geographic footprint.

Key Investment Criteria:

• Offerings of Interest: Express Car Washes (single-location tunnel and multiple locations that have some tunnels), Flex Car Washes (with both express and detailing).
• End Markets Served: Automotive, Retail, Services.
• Geography: Pennsylvania, Ohio, West Virginia, and surrounding areas.
• Revenue: At least $800K in Annual Revenue.

• Critical Power Services – A premier provider of power generation equipment and service across North America is actively seeking strategic acquisitions in the critical power and electrical infrastructure services industry.

Key Investment Criteria:

• Offerings of Interest: Critical Power Equipment Maintenance and Repairs, Electrical Infrastructure Maintenance and Repairs, UPS / Battery Energy Storage Systems / Renewable Energy Systems Service and Repairs.
• End Markets Served: Industrial, Healthcare, Data Centers, Manufacturing, Oil and Gas, Energy.
• Geography: North America.
• Revenue: $10MM+ Annual Revenue.

• Safety and Security Services – A distinguished global markets firm seeks strategic partnerships to build a specialized platform in fire safety and security services.

Key Investment Criteria:

• Offerings of Interest: Fire Safety, Alarm Systems, Detection, Security Solutions, and Maintenance Services.
• End Markets Served: Schools, Hospitals, Commercial Facilities, Industrial, Government.
• Geography: United States.
• Revenue: $5MM – $15MM EBITDA

• Specialty Chemicals and Chemical Services – Premier provider of chemical cleaning services and products primarily to the Pulp and Paper industry is looking to grow through acquisition and partnership with privately owned suppliers of specialty chemicals and chemical services.

Key Investment Criteria:

• Offerings of Interest: Cleaning Products (degreasers, acid cleaners, sanitizers, environmentally friendly cleaners), Wastewater Chemicals, Metalworking Fluids, Lubricants, Cooling / Boiler Water Treatment, Fleet Washes
• End Markets Served: Food and Beverage, Transportation, Wastewater, Aerospace, Military, Construction and Infrastructure, Heavy Industrial.
• Geography: North America.
• Financial Profile: $1MM – $10MM Annual Revenue, <$2MM EBITDA.

• Commercial Roofing – A highly collaborative investment firm with a global network is seeking to build a scaled enterprise in the commercial roofing industry by partnering with experienced and ambitious founders that have a strong presence in their local markets.

Key Investment Criteria:

• Offerings of Interest: Commercial Roofing, Maintenance, Reroofing, Repair, Commercial Restoration (windows, doors, etc.)
• Geography: United States.
• Financial Profile: $6M+ EBITDA (Platform), $2M-$3M EBITDA (Add-Ons).

• Infrastructure, Technology & Energy Solutions - A nationwide leader in next-generation infrastructure, technology, and energy solutions, driven by a collaborative and entrepreneurial spirit, is seeking strategic acquisitions to expand its national presence and further its mission of innovation.

Key Investment Criteria:

• Offerings of Interest: HVAC, Plumbing, and Controls Systems.
• End Markets Served: Industrial Facilities, Hospitals, Schools & Colleges, and Data Centers.
• Geography: Southern half U.S.
• Financial Profile: $10MM – $50MM.

• HVAC & Plumbing – Market-leading residential services platform, backed by a prominent private equity firm, is actively pursuing strategic acquisitions to expand its service capabilities and market presence.

Key Investment Criteria:

• Offerings of Interest: Primarily HVAC and plumbing. Can also provide some electrical / generator work.
• End Markets Served:
• Geography: Florida, Louisiana and Mississippi (excluding tier 1 markets: South Florida, New Orleans, Jacksonville, Tampa, but will consider neighboring cities).
• Financial Profile: $750k+ EBITDA (preferably $1MM+).

• Integrated Security Solutions – A national provider of integrated security solutions, backed by a Northeast-based private equity firm, is actively seeking acquisitions to expand its geographic footprint, enhance service offerings, and enter new end markets.

Key Investment Criteria:

• Offerings of Interest: Electronic security and managed services for alarm, fire, and surveillance systems.
• End Markets Served: Education, Warehouse / Distribution, Healthcare, and Data Centers.
• Geography: United States.
• Financial Profile: $5MM – $20MM.

• Commercial Collections – Leading provider of commercial A/R recovery solutions is actively pursuing strategic acquisitions to expand its leadership in commercial collections. BharCap – ARMStrong / ALTUS

Key Investment Criteria:

• Offerings of Interest: Commercial – third-party and first-party collections, legal forwarding, international collections, and credit intelligence.
• End Markets Served: Agnostic – Technology, SaaS, Transportation / Logistics, construction, distribution.
• Geography:
• Financial Profile: $5MM – $20MM.

• Innovative Environmental Services – Prominent waste management and sustainability services company seeks acquisition opportunities with select companies offering innovative environmental services that make a meaningful impact.

Key Investment Criteria:

• Offerings of Interest: Waste Treatment & Disposal, Transportation, Environmental Services.
• End Markets Served: Aero/Defense, Electronics, Engineering, Food and Beverage, Healthcare, Manufacturing, Pharmaceuticals, Transportation, Universities and Utilities.
• Geography: United States.
• Financial Profile: $1MM+ EBITDA, preference for $10MM+ Revenue.

• Yard Spotting and Shunting – A leading provider of end-to-end yard management solutions is actively pursuing acquisitions in the yard spotting and shunting space.

Key Investment Criteria:

• Offerings of Interest: Yard spotting and shunting; also interested in trailer management, gate management, and shuttling
• End Markets: 3PL, Grocery & Retail, Industrial/ Manufacturing, Pharmaceuticals, Food & Beverage, CPG, and Automotive.
• Geography: United States.
• Financial Profile: $1MM+ Annual Revenue.

• Asset Health and Resiliency Solutions – An industry leader in asset health and resiliency solutions for utility and telecom networks worldwide is seeking acquisition opportunities with select companies that offer complementary services.

Key Investment Criteria:

• Offerings of Interest: Asset Integrity Management, Infrastructure Inspection, Maintenance, and Resiliency Solutions.
• End Markets Served: Utilities, Telecom, Renewable Energy Producers / EPCs, Industrial / Manufacturing.
• Core Services: Substation (ideally maintenance and repair), transmission & distribution maintenance and repair, pole replacement, engineering services and adjacent services.
• Geography: North America, with a focus on the United States and Canada.
• Financial Profile: $1MM-$20MM in EBITDA.

• Fluid Management / Solids Control – A trusted leader in clean fluid separation / management and solids control services is seeking strategically and culturally aligned partners to expand its market reach.

Key Investment Criteria:

• Offerings of Interest: Fluid Management, Solids Control, Waste Reduction / Management, Engineering, Information Technology.
• End Markets Served: Industrial, Midstream Oil & Gas, Downstream Oil & Gas, Energy, Environmental Remediation, Mining.
• Geography: United States, Canada.
• Financial Profile: $15MM – $20MM topline revenue.

Distribution:

• Automation and Advanced Technologies – Value-added distributor specializing in mission-critical applications seeks partnerships with other distributors, especially those expanding into automation and advanced technologies.

Key Investment Criteria:

• • Offerings of Interest: Factory Automation, Valves and Actuation, Instrumentation, Industrial Fixed Gas Detection, Advanced Sensing Technologies, Automation, Productivity Enhancements, Safety.
  • Geography: United States, Canada.
  • Financial Profile: $1MM – $6MM EBITDA (can go as high as $20MM).

• Animal Health Products Distribution – A leading national animal health solutions company is seeking businesses that offer a broad range of complementary products to ensure the well-being of small animals, equines, and livestock.

Key Investment Criteria:

• • Offerings of Interest: Animal Health Products, Vaccines, Medications, Supplements, Grooming, Health Products, Equine, Livestock.
  • Geography: United States, Canada.
  • Financial Profile: Annual revenue of $3MM – $50MM.

• Power Transmission Components and Bearings Distribution – A best-in-class bearings and power transmission solutions provider is looking to acquire synergistic add-on companies.

Key Investment Criteria:

• • Offerings of Interest: Transmission, Bearing Distribution, Drives, Brakes, Bushings, Clutches, Controls, Couplings, Gears, Linear Motion Devices, Motors, Seals.
  • End Markets Served: Food/Beverage, Bulk Materials, Chemical, Unit Handling, Steel, Specialty markets.
  • Geography: United States, Canada, Mexico.
  • Financial Profile: Revenue between $3MM – $75MM+.

• Industrial Technology – Reputable investment firm is seeking to build a premier industrial technology platform by partnering with visionary teams to support innovative solutions that drive growth.

Key Investment Criteria:

• • Industry Focus: Industrial technology companies driving efficiency & automation, energy savings, resource utilization.
  • End Markets: Discrete Industrial Manufacturing.
  • Core Services: Digital Twin​, Planning & Scheduling Software​, Quality Inspection Monitoring​, Scrap & Waste Management​, Track-and-Trace​, Computer-Aided Manufacturing​.
  • Geography: United States.
  • Financial Profile: 2M+ EBITDA, up to ~$100M enterprise value.

Food and Beverage:

• Packaging Equipment Company – A partnership-focused lower middle-market private equity firm is looking to acquire a leading packaging or labeling equipment company.

Key Investment Criteria:

• • Offerings of Interest: Packaging Equipment, Labeling Equipment, Aftermarket Service and Parts.
  • End Markets Served: Food, Beverage, Pharmaceuticals, Personal Care.
  • Geography: United States.
  • Financial Profile: $20MM – $100MM Revenue, $6MM – $7MM EBITDA.

• Premium Coffee Roaster – Leading global premium coffee roaster is looking to partner with an outstanding coffee roaster/wholesaler of coffee and tea servicing foodservice/retail or related channels.

Key Investment Criteria:

 

• • Offerings of Interest: Coffee Roasting, Wholesale Coffee, Tea, Foodservice, Retail.
  • Financial Profile: $5MM in annual revenue.

Healthcare:

• Healthcare and Life Sciences – A nationally recognized consulting partner for healthcare, science/technology, and higher education facilities is actively seeking equity partnerships with organizations that provide laboratory consulting/planning or equipment procurement services, especially those with experience providing technology or integrated solutions.

Key Investment Criteria:

• • Offerings of Interest: Laboratory Planning, Laboratory Consulting, Equipment Procurement, Lab Digital Technology Consulting.
  • End Markets Served: Healthcare, Cleanrooms for Large Data Companies, Universities, Municipalities / Government.
  • Geography: United States, Canada.
  • Financial Profile: At least $500K in EBITDA.

Manufacturing:

• Safety Flooring and Surface Technology Solutions – A leading provider of premium metal slip-resistant safety flooring and surface technologies is actively seeking strategic acquisitions of businesses offering complementary solutions to strengthen its market position.

Key Investment Criteria:

• • Offerings of Interest: Anti-slip Metal Flooring Solutions, Safety Treads, Nosings, Railings, Custom-fabricated Safety Solutions, Ergonomic Flooring, Metallizing Technologies.
  • End Markets Served: Food Processing, Heavy Industrial, Transportation, Municipalities.
  • Geography: North America.
  • Financial Profile: $10MM to $50MM in revenue, $2MM to $10MM in EBITDA.

• High-quality Foodservice Equipment – A premier manufacturer of durable, high-quality metal and wood foodservice equipment, which has been in business over 100 years, seeks partnerships with custom stainless steel fabrication companies that combine broad distribution capabilities with a strong local or regional original presence.

Key Investment Criteria:

• • Offerings of Interest: Cutting and Shaping, Forming and Bending, Welding and Jointing, Machining, Finishing, Assembly and Fabrication, Advanced Technologies Integration, Glazing Integration, Materials Handling and Storage.
  • End Markets Served: Commercial Foodservice, Food Retail, Consumer Brands, Industrial Work Surfaces.
  • Geography: United States.
  • Financial Profile: Minimum $10MM in revenue.
  • Required Certifications: UL, NSF, ETL.

• Custom Engineered Composite Solutions – A leading material science company adept at developing highly engineered components for various applications to solve complex problems is actively pursuing strategic acquisitions to expand its market-leading presence.

Key Investment Criteria:

• • Offerings of Interest: Laminates, Fiberglass Reinforced Plastic, Cast Resin, and Other Composite Solutions, Fabrication of Highly Engineered Components, Differentiating Process Technologies.
  • End Markets Served: Defense, Aerospace, Medical, High Voltage, Electrical, Infrastructure, Nuclear.
  • Geography: North America.
  • Financial Profile: $1MM to $5MM in EBITDA, $10MM to $25MM in annual revenues.

• Tooling and Injection Molding – A reputable private equity firm with a well-established platform in custom tooling and injection molding services is actively pursuing acquisitions to broaden its offerings and access new end markets.

Key Investment Criteria:

• • Offerings of Interest: Custom Injection Molding, Over-molding, Design Tooling, Molding Repairs & Maintenance, Material & Product Development.
  • End Markets Served: Healthcare, Defense, Consumable Products, Commercial, Electronics.
  • Geography: Northeast United States.
  • Financial Profile: $2MM to $15MM in EBITDA.

• Material Handling and Packaging Equipment – A market-leading designer and manufacturer of dry bulk material handling and packaging systems seeks to partner with industrial automation companies providing premier material handling and packaging equipment, system integration, and full turn-key solutions & service.

Key Investment Criteria:

• • Offerings of Interest: Mixing, Blending, Sorting, Metering, Recipe Building, Light Liquid Components.
  • Geography: United States.
  • Financial Profile: Minimum 10% EBITDA, $10MM to $25MM in annual revenue.

Water Treatment:

• Water Infrastructure and Ecosystem – An entrepreneurial private equity firm with deep experience in water infrastructure is seeking is actively seeking companies for strategic partnerships to address challenges like infrastructure deterioration and water scarcity, with a focus on service standards and operational efficiency.

Key Investment Criteria:

• • Offerings of Interest: Water and Wastewater Management, Infrastructure Maintenance, Environmental Compliance.
  • Financial Profile: $5MM to $15MM in EBITDA.

• Water Analysis / Laboratory Products and Testing Services – A distributor and private label manufacturer of water treatment and testing products known for its unique distribution model, exceptional customer service, and tailored solutions is actively pursuing strategic acquisitions.

Key Investment Criteria:

• • Offerings of Interest: Water Treatment Testing Products, Laboratory Services, Industrial Water Treatment.
  • End Markets Served: Industrial Water Treatment, Food and Beverage, Environmental.
  • Financial Profile: Minimum $5MM in annual revenue.