Articles from Blackford Capital

Ace Controls, an industrial control panel fabricator, expands the platform into the high-value water & wastewater markets, extends its geographic footprint to Houston, Texas, and marks the third add-on in just twelve months

GRAND RAPIDS, Mich., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Blackford Capital (“Blackford”), a leading lower middle market private equity firm, today announced its successful closing on the sale of Madison Heights, Michigan-based portfolio company Mopec Group (“Mopec”), to Waud Capital Partners (“WCP”), a Chicago-based growth-oriented middle-market private equity firm specializing in the healthcare and software & technology sectors.

A release issued under the same headline on December 20th, 2024 by Blackford Capital has been revised with minor grammatical changes in the first and third paragraph, as well as an additional sentence at the end of the second paragraph that reads, "Mike Alexander is SFS’s CEO and Founder, and Chris Alexander is President." The corrected release follows: 

GRAND RAPIDS, Mich., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Blackford Capital (“Blackford”), a leading lower middle market private equity firm, today announces the December 12 acquisition of Security Fire Systems (“SFS”) on, a leading provider of sprinkler design, engineering, and installation services in the Dallas-Fort Worth area, establishing Blackford Capital’s Fire Safety Consolidation Platform and entering the fire safety and security space. The terms of the transaction are not being disclosed.

GRAND RAPIDS, Mich., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Blackford Capital, a leading lower middle market private equity firm, is proud to be named to Inc. Magazine’s Founder-Friendly Investors list for 2024. Blackford Capital is one of only three Michigan-based private equity firms included among the 269 investment companies on the prestigious list. Companies on the list have demonstrated successful track records of collaboration and remain actively involved with the founders they partner with.

GRAND RAPIDS, Mich., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Blackford Capital (“Blackford”), a leading lower middle market private equity firm, is pleased to announce the appointment of Scott Osterling as Chief Executive Officer of its portfolio company, Davalor Mold Company, LLC (“Davalor”), effective November 6, 2024.

New leadership aims to strengthen market position and expand product reach through omni-channel strategy

This latest add-on to the platform significantly expands its scale and increases its product offerings within the outdoor living market

Blackford Capital portfolio company Artificial Turf Supply recognized as a first-time Inc. 5000 honoree

The first add-on acquisition for Blackford portfolio company Davalor Mold Company, IMC delivers a significant expansion in industrial precision injection molded product capabilities

The second add-on to the firm’s Industrial Automation platform in just twelve months delivers strategic geographic expansion to the West Coast; increases depth of capability in high-value life sciences, pharmaceutical and medical device markets

Transaction advances capabilities in the industrial automation sector, builds headcount and expands geographic footprint

GRAND RAPIDS, Mich., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Blackford Capital (“Blackford”), a leading lower middle market private equity firm, announced today the acquisition of LTD Online Stores, Inc. (“LTD”), a leading patio furniture e-commerce business and wholesale distributor that markets and sells middle-to-high-end furniture through wholesale/drop-shipping, a direct-to-consumer website and a retail storefront located in San Diego, California.

GRAND RAPIDS, Mich., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Blackford Capital, a leading lower middle market private equity firm, today announced it has been named to Inc.’s 2023 list of Founder-Friendly Investors.

Establishes new platform in the expanding industrial automation sector in North America and Europe