Blue Sage Capital Acquires Baker Manufacturing Company (Stellus Provides Financing)

Baker Manufacturing Acquires Pump Division of A.Y. McDonald Mfg. Co.

November 4, 2024

Manufacturing

Baker Manufacturing Company, a Blue Sage Capital portfolio company, has acquired the Pump Division of A.Y. McDonald Mfg. Co., including the full pump product line of submersible, booster, jet, sump pumps and pressure tanks. The add-on expands Baker’s Water Systems product offerings and market coverage for residential and agricultural end markets, with TPG Twin Brook providing financing and advisors representing both sides.

Blue Sage Capital Invests in American Alloy

April 2, 2024

Manufacturing

Austin-based private equity firm Blue Sage Capital completed an investment in American Alloy, a Spokane, Washington-based metal component and sub-assembly manufacturer. Blue Sage will partner with management (COO Brett Stevens was named CEO) to support organic growth and pursue M&A to expand American Alloy’s presence across packaging, food & beverage, industrial automation, mining and other industrial end markets.

Stellex Capital Management Acquires J. Skinner Baking Company

June 25, 2024

Food & Beverage

Stellex Capital Management, a New York-based private equity firm, has acquired The James Skinner Baking Company (J. Skinner), a leading in-store bakery (ISB) and co-packing baked-goods provider headquartered in Omaha, Nebraska. Stellex said the partnership will fund investments in production capacity expansion, increased automation and new product development to support J. Skinner's growth.

Blue Sage Capital Invests in Geo-Solutions, Inc.

November 14, 2023

Industrial Services

Austin-based private equity firm Blue Sage Capital has completed a majority investment/recapitalization in Geo-Solutions, Inc., a New Kensington, Pennsylvania geotechnical and environmental remediation services provider. Blue Sage will partner with Geo-Solutions' management to expand geographic footprint, extend service lines, pursue strategic acquisitions and reinvest in the business.

All-State Industries (Blue Sage-backed) Acquires Allied Plastics

January 11, 2022

Manufacturing

An affiliate of All-State Industries, backed by private equity firm Blue Sage Capital, has acquired Allied Plastics, a Twin Lakes, Wisconsin-based thermoformed plastics manufacturer. The acquisition expands All-State's thermoforming and extrusion capabilities and increases the platform's scale across agriculture, heavy equipment OEM, consumer products, and packaging end markets.

Wellspring Capital Management Acquires Steele Solutions, Inc.

June 4, 2020

Manufacturing

Wellspring Capital Management closed its acquisition of Steele Solutions, Inc. on May 29, 2020. The New York-based private equity firm acquired the Milwaukee-headquartered designer and manufacturer of structural steel platforms and mezzanines to support growth and capitalize on long-term e-commerce and warehouse automation trends; financial terms were not disclosed.