Mosaic Capital Partners Facilitates ESOP Acquisition of Boston Barricade
July 19, 2019
Mosaic Capital Partners announced an ESOP-backed acquisition of Boston Barricade Holdings, Inc., enabling founders Bob and Cynthia Putnam to provide liquidity and transition ownership to employees while retaining Bob Putnam as CEO. Boston Barricade is a nationwide provider of modular barricade systems, retail graphics and installation services headquartered in Vero Beach, Florida; Boxwood Partners served as the company’s financial advisor.
- Buyers
- Mosaic Capital Partners, LLC
- Targets
- Boston Barricade Holdings, Inc.
- Sellers
- Bob Putnam, Cynthia Putnam
- Industry
- Building Products
- Location
- Florida, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Caymus Equity Acquires Colorado Barricade Co.
May 28, 2021
Construction
Caymus Equity Partners completed a platform investment in Colorado Barricade Co. in May 2021, partnering with Aberdeen Standard Investments, Reinsurance Group of America, Plexus Capital and company management. Denver-based Colorado Barricade is a full-service provider of roadway safety, pavement marking, traffic control and sign installation; the transaction provides capital to support geographic expansion, capability build-out and growth through potential add-on acquisitions.
-
Mosaic Capital Partners Executes ESOP Acquisition of Best Friends Pet Hotel
January 15, 2019
Restaurants & Hospitality
Mosaic Capital Partners announced an ESOP acquisition of Best Friends Pet Hotel, a national pet hotel operator with 30 U.S. locations and ~90,000 active clients, enabling employees to become owners. Industry veteran Reed Howlett joined as an investor and board member; ICG Capital Securities served as Best Friends' financial advisor.
-
Mosaic Capital Partners Invests in Gautier Steel ESOP
August 11, 2023
Manufacturing
Mosaic Capital Partners led an investment into the newly formed Gautier Steel Holdings Inc. ESOP, supporting the combination of two mills operating in Johnstown, Pennsylvania. Financial partners in the transaction included Tecum Capital, Salem Investment Partners and Patriot Capital, and CEO Glen Buckley will continue to lead the business while employees receive substantial retirement benefits through the ESOP.
-
Blue Sage Capital Acquires Barricades Unlimited
June 2, 2020
Industrial Services
Blue Sage Capital has completed an investment in Barricades Unlimited, a Lubbock, Texas-based provider of traffic control, pavement marking, guardrail installation and related equipment rentals and sales. The private equity firm will provide capital and strategic resources to support Barricades' greenfield expansion and pursue mergers and acquisitions to build the company into a larger, state-wide platform; financial terms were not disclosed.
-
Mosaic Capital Partners Invests in Zero Waste Recycling ESOP
August 31, 2021
Environmental Services
Mosaic Capital Partners announced an investment in the newly formed Zero Waste Recycling ESOP, enabling employee ownership while providing capital to support growth. Financial partners on the transaction included Lafayette Square, Morgan Stanley Private Credit and Impact Engine; CEO Will Simmons will continue to lead the business from its two processing facilities in Charlotte, North Carolina and Lancaster, South Carolina.
-
Mosaic Capital and Graycliff Support ESOP Acquisition of Custom Profile Holdings
April 23, 2019
Manufacturing
Mosaic Capital Partners led the creation of an Employee Stock Ownership Plan (ESOP) to acquire Custom Profile Holdings, a Grand Rapids-based manufacturer of plastic profile extrusions. Graycliff Partners provided $12.5 million of subordinated debt and structured equity to support the ESOP transaction, which transferred ownership from prior investor Blackford Capital and provides liquidity and growth capital to the business and employee-owners.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.