Blackford Capital Acquires Hall Research Technologies

Gun Lake Investments Acquires Hall Technologies from Blackford Capital

April 13, 2020

Manufacturing

Gun Lake Investments (GLI), a Grand Rapids-based economic development investment arm, has acquired Hall Technologies from private equity firm Blackford Capital. Hall Technologies, a Dallas-area Pro AV design and manufacturing company, will transition to GLI ownership to support its next stage of product development and growth.

Gun Lake Investments Assumes Operating Control of Hall Technologies

April 13, 2022

Manufacturing

Gun Lake Investments increased its majority stake in Hall Technologies LLC and assumed full operating control following a new investment, transitioning control previously held by Blackford Capital. Terms were not disclosed; Monica King, CEO of Gun Lake Investments, becomes board chair and said GLI will actively manage Hall to pursue growth channels, product launches and expansion in healthcare, corporate IT and education markets.

Blackford Capital Acquires Industrial Automation Provider PACIV

June 5, 2023

Industrial Services

Blackford Capital has acquired PACIV, a full-service industrial process automation and systems integrator founded in 1997 with offices in San Juan, Puerto Rico; Indianapolis, Indiana; and Cork, Ireland. HCAP Partners participated as a co-investor / financing partner; PACIV's management and founder Jorge Rodriguez will remain involved as shareholders and board members as Blackford positions PACIV as the cornerstone of a new industrial automation platform focused on pharmaceutical, biotech and medical device end markets.

Blackford Capital Acquires Eight12 Automation

June 17, 2024

Industrial Services

Blackford Capital has acquired Eight12 Automation, a Southern California-based industrial automation and controls engineering firm, as an add-on to its PACIV Industrial Automation platform. The deal expands PACIV’s West Coast presence and deepens capabilities in regulated end markets such as life sciences, medical devices and pharmaceutical manufacturing; terms were not disclosed.

Blackford Capital Invests in Aqua‑Leisure Industries

January 13, 2021

Consumer Products

Grand Rapids-based private equity firm Blackford Capital announced a majority investment in Aqua‑Leisure Industries, a Boston-area designer, manufacturer and distributor of water-sport and pool leisure consumer products. Blackford said it will support organic growth, expand distribution and pursue add-on acquisitions while the Aqua‑Leisure management team remains in place; financing partners included Mercantile Bank and Muzinich & Co., with Rush Street advising on debt financing.

Blackford Capital Acquires Ace Controls to Expand PACIV Industrial Automation Platform

January 27, 2025

Manufacturing

Blackford Capital acquired Houston-based Ace Controls and added it as the third add-on to its PACIV industrial automation platform. The acquisition expands PACIV's control panel capabilities and adds exposure to the water & wastewater and oil & gas end markets while extending the platform's geographic footprint to Texas; Ace Controls' management and employees will remain with the business.