Prospect Partners and Tecum Capital Recapitalize Blackwood Solutions
June 16, 2022
Prospect Partners led a recapitalization of Blackwood Solutions, a Bloomington, Indiana-based electric utility services and specialty transportation provider, partnering with management. Tecum Capital provided a subordinated debt facility and equity co-investment, while O2 Sponsor Finance provided senior debt financing to support the transaction.
- Buyers
- Prospect Partners, Tecum Capital
- Targets
- Blackwood Solutions
- Industry
- Logistics & Distribution
- Location
- Indiana, United States
- Transaction Type
- Recapitalization
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