Strength Capital Acquires Grand Equipment Company

Cognitive Capital Partners Acquires Grand Equipment Company from Blackford Capital

June 16, 2022

Industrial Services

Chicago-based Cognitive Capital Partners has acquired Grand Equipment Company, a Hudsonville, Michigan multi-line construction equipment dealer, from Blackford Capital. The transaction represents Blackford’s exit and positions Grand Equipment for further regional growth, expanded market share and continued investment in its rental fleet, parts and service capabilities.

Strength Capital Partners Acquires Western States Reclamation

March 23, 2022

Environmental Services

Strength Capital Partners has invested in and acquired Western States Reclamation, a Frederick, Colorado-based environmental and specialty civil contracting company. Midwest Mezzanine and Northcreek Mezzanine provided subordinated debt and equity to support the transaction and First Merchants Bank participated as a financing partner; Strength plans to pursue a buy-and-build strategy to grow the business.

Strength Capital Partners Invests in Kansas Golf & Turf

March 23, 2023

Retail

Strength Capital Partners made a minority growth investment in Kansas Golf & Turf, a Wichita-based dealer and distributor of golf cars, turf and lawn equipment, and related parts and repair services. Strength will partner with the McGreevy family to support organic growth initiatives and pursue strategic add-on acquisitions; financing for the deal included Enterprise Bank and Northcreek Mezzanine.

Blackwell Capital Group Acquires Stack Equipment

September 30, 2021

Industrial Services

Blackwell Capital Group, a Milwaukee-based private investment firm, has acquired Stack Equipment, a Hartford, Wisconsin supplier of refurbished aerial access and material handling equipment. The seller/previous owner Jim Lenahan (via Keystone Holdings) will remain a stockholder and Stack's management and staff will stay in place as Blackwell aims to grow the business and expand its reach and services.

Strength Capital Partners and Neuberger Berman Recapitalize ESP Associates

July 9, 2025

Engineering Services

Strength Capital Partners closed a single-asset continuation vehicle to recapitalize ESP Associates, providing liquidity to Strength Capital’s existing investors and bringing in follow-on capital led by investment funds affiliated with Neuberger Berman. The transaction includes significant rollover by SCP and the ESP management team and is intended to fund organic growth and strategic add-on M&A to expand the platform’s geographic footprint and service offerings.

Strength Capital Partners Acquires Kelchner, Inc.

May 2, 2023

Construction

Strength Capital Partners, a U.S. private investment firm, acquired Kelchner, Inc., a Springboro, Ohio-based excavation and civil construction services provider, from John Wood Group PLC. Strength will partner with CEO Kevin Weckel to pursue organic growth and strategic acquisitions in the Southwest Ohio market; financing for the transaction included First Commonwealth Bank, Northcreek Mezzanine, and Eagle Private Capital.