IS FOCUSED ON SERVING THE NEEDS OF THE MIDDLE MARKET
Listed below are Blue River’s current acquisition projects. If you are aware of, or represent any companies that may be interested in pursuing a transaction, please contact Sara Clevenger, Principal. All discussions will be treated with the utmost confidentiality. Blue River’s fees are paid for by our clients.
HVAC Equipment & Supplies Distribution – Private Equity-backed leading wholesale distributor of HVAC equipment & supplies looking to partner through acquisition with other distributors of HVAC products and supplies. Of high interest includes HVAC products and supplies, complementary offerings such as refrigerating and plumbing supplies with at least $3MM in annual revenues. Seeking a growth-minded partnership where current leadership and team can stay and enjoy strategic synergies as part of a collective, well diversified and forward-thinking culture. Location: all of US.
Pet Health Products Distribution – Private Equity-backed Strategic Buyer looking to acquire synergistic add-on acquisitions. Of interest are companies in the US or Canada with similar product offerings (vaccines, medications, supplements, grooming, health products etc.) or adjacent markets like equine and livestock. Annual revenue in the $3MM – $50MM range.
Water Treatment Testing Products – Private Equity-backed Strategic buyer looking to acquire synergistic add-on acquisitions in the value-added distribution and manufacturing of water treatment testing products. Of high interest are companies serving the industrial water treatment, food and beverage and environmental end markets. Seeking opportunities with companies producing at least $5MM in annual revenues.
Industrial Cleaning & Maintenance Supplies – Industry-leading Midwest based cleaning and maintenance products supplier is looking to expand by acquiring janitorial and cleaning supply distributors, equipment rental companies, and other industrial product and service providers in that space. Location in the U.S.
Packaging / Labeling Service – Florida based Private Equity Group looking to acquire add-on companies for a portfolio company in the packaging / labeling manufacturer and distribution sector. Of particular interest are suppliers of boxes, flexible packaging, labels and thermal transfer ribbons in OK, TX, AR, LA and surrounding geography. End market focus: Pharma, Food and Beverage, Cosmetics, Healthcare and Beauty Products, Other Consumer Product, Industrial Categories with revenue of min. $3MM, EBITDA of min. $500k.
Transmission Components and Bearings Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the transmission and bearing distribution sector. Of particular interest are companies offering products like Drives, Brakes, Bushings, Clutches, Controls, Couplings & U-Joints, Gears, Linear Motion Devices, Motors, Seals. Industry focus: Food/Beverage, Bulk Materials, Chemical, Unit Handling, Steel, but also other specialty markets. Location in U.S., Canada, Mexico with revenue between $3MM – $75MM+ and EBITDA of approx. $500k – $15MM.
Dental Products Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the dental products distribution sector. Of particular interest are similar companies supplying to dentists with a focus on general, ortho, pediatric, oral surgery, DSO or Government Specialty sub-segments. Companies selling into specialty and adjacent markets are also of interest. Location in U.S. with revenue of at least $3MM and EBITDA / operating income in excess of $500k.
Paint and Coatings Products & Equipment Distribution – Large Private Equity Group looking to acquire synergistic add-on companies for a portfolio company in the Automotive, Industrial and Architectural paint products & equipment distribution sector. Of particular interest are similar companies supplying into the Automotive sector. Companies selling into the Commercial/Industrial sectors are also of interest. Location in U.S. or Canada with revenue of at least $3MM.
Specialty Equipment, Restoration & Surface Preparation Equipment Distribution – Industry leading specialty contracting consumables and equipment distributor with Private Equity sponsorship is looking to acquire synergistic add-on companies. Of particular interest are companies supplying to specialty contractors in concrete surface preparation and finishing equipment and supplies, and disaster restoration equipment and supplies. Companies selling into adjacent markets including Weatherproofing, Environmental Remediation, Floor Care, Metal surface prep, Demolition markets are of interest. Location in U.S. and Canada with preference for annual revenues of at least $10MM with at least $1MM of EBITDA.
Precision Machining Manufacturer – Large Midwest Private Equity Firm looking to acquire add-ons for a leading CNC machining & fabrication company. Seeking firms with clearly differentiated CNC capabilities (i.e., capabilities beyond vanilla turning or 3-axis milling) and manufacturing highly precision components in the U.S. with particular interest in NC, SC, FL, GA, AZ, TX, CT, MA, MN, WI, CA and WA. Preferred end markets: Aerospace & Defense, Space, Medical, Telecom, Industrial Automation, Robotics and other growing niche markets. Revenue: between $3MM and $10MM (sweet spot $4MM – $8MM), EBITDA min. $500k.
Plastic and Rubber-based Contract Manufacturer – Large Midwest based PE Firm looking to acquire add-ons for a portfolio company in the engineered molded products space, specifically in Micro, Metal Injection, Liquid Silicone Rubber, Dip, Injection, Extrusion, Compression and Transfer Molding as well as Thermoforming in the following preferred end markets: Medical, Aerospace & Defense, Electrical, Fortune 500. Geography: North America, especially Pacific Northwest and Southeast (worldwide sales).
Human Hygiene Industry – Midwest based Private Investment Group looking to acquire add-ons for a hand hygiene platform company. Of particular interest are infection / hygiene control products, services or technologies in the following end markets: Food Processing. Location in the U.S., Canada or Europe; min. EBITDA: $500k.
Commercial Accounts Receivable Management Services – Large Private Equity Group looking to acquire synergistic add-on companies for a new portfolio company in the commercial debt collection sector. Seeking companies in the insurance market that focus on (but not limited to) 1st and 3rd party collections, premium and deductible debt collection, subrogation recovery. Location in U.S.
Commercial Real Estate Appraisal and Assessment – National Commercial Real Estate Services firm looking to acquire additional market leaders in US geography with a focus on valuation and assessment as well as specialties in the following segments: Health Care/Hospital/Assisted Living, Retirement Facilities, Mobile Home Properties, Entertainment/Hospitality/Resort Properties, Marinas, Convenience Stores/Petro/Fuel. Additionally seeking to add new service offerings in Asset Management, Environmental Engineering / Assessment, Construction Monitoring, Tax Appeal, and others.
Specialized Welding and Maintenance Services – Florida based Private Equity Group looking to acquire add-on companies (union and non-union) for a portfolio company in the specialized welding metal overlay, digester repair and maintenance sector. Preferred end markets / service offerings: Pulp & Paper, Power Generation, Steel, Waste Treatment, Refining, Heavy Industrial, Niche Businesses, Weld Overlay, Specialty Coatings, Piping, Electrical, Scaffolding, Industrial Cleaning. Location in the U.S. or Canada with revenues of $3MM to $30MM.
Underground Infrastructure Services – Northeast based Private Equity Firm looking to acquire non-union company that offers pipe and structure cleaning and restoration in the water, sewer and processing plants space. Location in the U.S. (mainly Southeast, Texas, Gulf States, Midwest, Mid-Atlantic) with min. EBITDA of $4MM.
Power Equipment and Maintenance Services – Large Midwest Private Equity Firm looking to acquire add-ons for a portfolio company that offers power solutions including uninterrupted power supply (UPS) equipment, backup generators, DC Plants, PDU’s etc. Looking for companies who offer generator services and electrical switchgear services in the following industries: Healthcare, Data Centers, Government/Military, Banking, Telecom. Location in the U.S.; revenue of at least $3MM and EBITDA of at least $500K.
Mobility Space – Trusted company in the engineering space is looking to partner with strategically and culturally aligned businesses and startup companies that shape the evolution of mobility industries and enable cutting-edge technology. Key service areas include: Certification, SaaS, Standards, Testing, Consulting in the broad spectrum of mobility space, Data Collection, Security, Accessibility, Integration, Data Storage, and Data Transmission. For-profit companies with at least $2MM in annual revenue. Open to multi-national/global geography.
EDUCATION & TECHNOLOGY:
Educational Content Solutions – Midwest based Private Equity Firm looking to acquire add-ons for a new portfolio company, a provider of custom course materials for Higher Ed & K-12. Of particular interest are companies who own existing education content or create that content and have the ability to provide digital or print services in specialized markets such as laboratory science and other aspects of STEM. Seeking U.S.-based companies with annual revenues of at least $5MM and EBITDA of at least $1MM.
GP-led Secondary Investments – Niche lower middle market GP-led secondary private equity firm seeking to partner with independent sponsors, managers of mature funds, mezzanine lenders/SBIC funds. Strategy allows flexibility for firm’s investors to provide full or partial liquidity; options designed to deliver attractive returns for investors, today; dry powder for growth and acquisitions; a new pool of carried interest; and other benefits. Seeking investments of at least $10MM with significant flexibility in terms of designing win-win deal structure to maximize a number of situations.
Geographic/Industry-Agnostic Focus – Midwest based Private Investment Group sponsoring a seasoned executive looking to acquire a scalable company in a number of industries where professional background is of value. Operator has significant experience in manufacturing, technology, automation, distribution and other sectors. Seeking an opportunity where owner is looking to transition daily operations. Ideal scenario for a company that may be distressed or simply needing professionalization and help in scaling. Seeking companies located in the greater Pittsburgh area with at least $1MM in EBITDA.
Express Car Wash Space – Market-leading company in the express car wash space is interested in partnering with strategically aligned Car Wash Operators through acquisition and partnership opportunities to build a leading platform company in the rust belt area. The company offers a unique opportunity for value enhancement and growth. The structure is designed to help sellers offload the administrative tasks of running a business, allowing the sellers to remain in a consulting or managerial capacity. Seeking Express Car Washes with a tunnel wash, Flex Car Washes offering both express and detailing, 24-drive car washes in PA, OH WV with at least $500,000 in annual revenues.
Home Maintenance Franchise Platform – Large international retailer of home maintenance, repair and improvement products and services is looking to partner with an operator in the Residential Plumbing, Electircal and HVAC maintenance and repair industry, with a vision to establish and lead a new and rapidly growing franchise system by leveraging the brand of this large mult-national retail brand. Seeking operators with at least $2MM of EBITDA. Location: All of US.
If you are aware of any company that fits the above criteria and would be interested in a confidential dialogue, please contact Sara Clevenger:
Sara Clevenger, Principal, provides strategic direction and oversight for the firm’s Acquisition Support Investment Banking Group. Ms. Clevenger brings over 15 years of experience in Corporate Development, Mergers & Acquisitions, Commercial Real Estate Development, Portfolio and Transaction Management. Sara’s full bio is available here.
M: (412) 916-5026
O: (248) 309-3730 ext. 306