Blue Team Holdings Acquires Sendero Restoration Services

Partners Group and Kohlberg & Company Acquire BluSky Restoration Contractors

October 19, 2021

Environmental Services

Partners Group and Kohlberg & Company jointly acquired BluSky Restoration Contractors from majority owner Dominus Capital, which retained a minority stake; BluSky management also retains a meaningful ownership position. Denver-based BluSky is a national restoration, remediation, environmental, and roofing services provider with more than 900 employees and 40 branches; the new owners plan to expand branches, national accounts, capabilities, and pursue add-on acquisitions.

Crestwood Acquires Sendero Midstream from ECP for $600M

June 3, 2022

Energy

Crestwood Midstream Partners LP (an affiliate of Crestwood Equity Partners LP) agreed to acquire Sendero Midstream Partners LP from ECP for approximately $600 million in cash, subject to customary adjustments and regulatory clearance. Sendero operates gas gathering, two cryogenic processing plants (350 MMcf/d) and ~140 miles of pipeline in Eddy County, New Mexico; Crestwood said the deal expands and high-grades its Delaware Basin footprint and is expected to close in mid‑2022.

BluSky Restoration Contractors Merges with HARBRO Emergency and Restoration

May 4, 2020

Environmental Services

Denver-based BluSky Restoration Contractors announced a merger with Signal Hill, California-based HARBRO Emergency and Restoration to expand BluSky’s geographic footprint and service capabilities across the western United States. The combined business will operate under the BluSky name; HARBRO executives will retain significant non-institutional ownership and Dominus Capital (BluSky's controlling investor) supported the transaction.

Cotton Holdings Inc. Acquires Stellar Restoration Services

January 12, 2021

Construction

Cotton Holdings Inc. acquired Stellar Restoration Services, a commercial roofing and restoration provider, with Stellar operating as a wholly-owned subsidiary while co-founders Michael de la Mora and Rick Bailey retain an ownership interest. The undisclosed-value deal expands Cotton's commercial roofing restoration capabilities and geographic footprint to support growing demand for disaster recovery services.

Seaside Equity Partners' BlueThread Services Acquires Aspen Group

April 5, 2022

Construction

Seaside Equity Partners has launched BlueThread Services, a roofing and exterior services platform, and announced the platform's acquisition of Aspen Group, Ltd., a multi-family and commercial exterior reconstruction specialist. The add-on expands BlueThread's footprint into the Denver and Phoenix markets and brings Aspen's roofing, painting, siding and concrete capabilities into the platform alongside Peak View Roofing and Revelation Roofing.

Timoneer Strategic Partners Acquires Majority Stake in Solid Restoration

February 13, 2024

Environmental Services

Timoneer Strategic Partners acquired a majority ownership stake in Solid Restoration, a Escondido, California-based disaster restoration services provider. Grays Peak Capital, Phoenix3 Holdings and a consortium of high-net-worth investors co-invested alongside Timoneer to support Solid Restoration's growth and geographic expansion across Southern California and beyond.