M&A Deal Summary

Blue Point Capital Partners Acquires Pinnacle

On October 8, 2024, private equity firm Blue Point Capital Partners acquired business services company Pinnacle

Acquisition Highlights
  • This is Blue Point Capital Partners’ 7th transaction in the Business Services sector.
  • This is Blue Point Capital Partners’ 49th transaction in the United States.
  • This is Blue Point Capital Partners’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2024-10-08
Target Pinnacle
Sector Business Services
Buyer(s) Blue Point Capital Partners
Deal Type Recapitalization

Target

Pinnacle

Clair Shores, Michigan, United States
Pinnacle is a portfolio of companies providing HVACR, plumbing, and related mechanical services with a vision for every community to be served by reliable and trustworthy trades within the industry. Pinnacle is based in Clair Shores, Michigan.

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Buyer(S) 1

Buyer

Blue Point Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1990
PE ASSETS 1.9B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Blue Point Capital Partners is a middle-market private equity firm focused on investments throughout the US, Canada, and Europe. The Firm looks to commit $10 to $50 million of equity capital in companies generating sales of $30 to $300 million and EBITDA of at least $7 million. Blue Point looks for control investments that arise from management led buyouts, recapitalizaitons, and companies in need of growth capital. Sectors of interest include transportation components, metals processing, plastics, packaging, specialty distribution, environmental, building materials, industrial textiles, transportation/logistics, chemicals, industrial outsourcing, and engineered components. Blue Point will not invest in real estate, restaurants, retail, or companies operating in highly regulated industries. Blue Point Capital Partners was formed in 1990 and has offices in Cleveland, Ohio; Charlotte, North Carolina; and Seattle, Washington.


DEAL STATS #
Overall 53 of 53
Sector (Business Services) 7 of 7
Type (Recapitalization) 16 of 16
State (Michigan) 2 of 2
Country (United States) 49 of 49
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-21 National Safety Apparel

Cleveland, Ohio, United States

National Safety Apparel manufactures protective apparel for industrial safety workers. Using the latest fabrics and technologies, NSA regularly introduces new and innovative products to enhance the safety apparel experience for workers. National Safety Apparel was formed in 1935 and is based in Cleveland, Ohio.

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