Blackford Capital Acquires Empire Distributing (Patio Consolidation Platform Add-on)

Blackford Capital Acquires LTD Online Stores, Inc.

December 5, 2023

Retail

Blackford Capital, a lower middle market private equity firm, acquired LTD Online Stores, Inc., a San Diego-based patio furniture e-commerce business, wholesale distributor and retail showroom operator. The deal is the third add-on to Blackford's Patio Portfolio (joining Artificial Turf Supply and Starfire Direct) and is intended to expand the platform's high-end furniture offerings and diversify distribution channels.

Blackford Capital Acquires Starfire Direct

November 14, 2022

E-Commerce

Blackford Capital, a lower middle-market private equity firm, has acquired Starfire Direct, a Temecula-based direct-to-consumer leader in the patio and hearth market. The deal is the first investment in Blackford's 'Patio Consolidation' platform and will keep Starfire's management in place while pursuing organic growth, improved operations and further add-on acquisitions.

Revelstoke Capital Partners Acquires Majority Stake in Empire Portfolio Group Holdings

January 6, 2021

Healthcare Services

Revelstoke Capital Partners, a Denver-based private equity firm, acquired a majority interest in Empire Portfolio Group Holdings, a leading Orangetheory Fitness franchisee and area representative. The investment will fund Empire's de-novo studio growth across the country and support strategic acquisition opportunities while founder and CEO Adam Krell retains a substantial ownership stake and remains CEO.

PNC Riverarch Capital Acquires Empire Group from Kian Capital Partners

February 7, 2020

Manufacturing

PNC Riverarch Capital has acquired Empire Group, a Raleigh, North Carolina–headquartered wholesale distributor of commercial foodservice equipment and OEM parts, from Kian Capital Partners. Terms were not disclosed; under Kian's ownership Empire expanded to seven locations, served 5,500+ customers and materially grew revenue and EBITDA.

Empire Equipment Company Acquires Empire Bakery Equipment Co.

July 14, 2023

Logistics & Distribution

Raleigh, North Carolina-based Empire Equipment Company has acquired Long Island, New York-based Empire Bakery Equipment Co., expanding its wholesale distribution platform for commercial foodservice and bakery equipment. The deal adds scale in the Northeast and increases Empire's nationwide footprint to twelve distribution locations; Empire is backed by PNC Riverarch.

Blackford Capital Acquires Artificial Turf Supply

November 30, 2022

Building Products

Blackford Capital, a lower middle market private equity firm, has acquired Carlsbad, California-based Artificial Turf Supply (ATS) and added it as the second company in its Patio Consolidation Portfolio. ATS founder David Barbera will remain president of ATS and join Blackford as an Operating Partner as the platform pursues consolidation and growth across residential, commercial, pet and athletic turf markets.