Bluestone Investment Partners Acquires Delphinus Engineering
July 23, 2026
Bluestone Investment Partners acquired Delphinus Engineering, a Pennsylvania-based Navy ship-repair, modernization, and sustainment services provider. The partnership includes a leadership transition, with founder Ranjit Das retiring and senior executive Roby Lentz becoming CEO, and Bluestone plans to grow Delphinus through organic investment and acquisitions.
- Targets
- Delphinus Engineering
- Sellers
- Ranjit Das (Founder; leadership retirement)
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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