Kelso & Company Makes Strategic Growth Investment in Bearing Distributors (BDI)

Southfield Capital Invests in Business Development Resources; BDR Acquires BxB Media

July 11, 2024

Consulting

Southfield Capital announced a partnership investment in Business Development Resources, Inc. (BDR), a Seattle-based business coaching and training provider for field services contractors and distributors. Concurrent with Southfield's investment, BDR acquired BxB Media to create a new Marketing Services department; BDR founder Bruce Wiseman will remain involved as CEO post-close.

Paceline Affiliate Provides $50 Million Investment to Kelso Industries

November 27, 2023

HVAC & Mechanical

An affiliate of Paceline Equity Partners has provided a $50 million investment to Kelso Industries, a portfolio company of Oxbow Equity Partners and Peterson Partners. The capital will be used by Kelso to fund acquisitions of complementary HVACR and mechanical building services businesses as it pursues inorganic growth. Kelso provides installation and maintenance services for HVACR, plumbing and process piping systems and is based in Phoenix, Arizona.

Burnout Brands (Hidden Harbor) Acquires Stake in BD Engine Brake (BD Diesel)

August 15, 2022

Automotive

Burnout Brands, a portfolio company of Hidden Harbor Capital Partners, made a strategic investment in BD Engine Brake Inc. (BD Diesel), a British Columbia–based manufacturer and distributor of turbochargers, transmissions and performance diesel products. The deal is an add-on to build the Burnout Brands platform and the existing BD Diesel owners will retain an ownership stake; terms were not disclosed.

Carmelina Capital Partners Invests in Bridge Diagnostics, Inc.

October 1, 2020

Engineering Services

Los Angeles-based private investment firm Carmelina Capital Partners has completed a significant growth investment in Bridge Diagnostics, Inc. (BDI), a Louisville, Colorado–headquartered provider of nondestructive evaluation, structural monitoring and proprietary instrumentation for heavy civil infrastructure. The existing owner-operator team will retain significant ownership and remain with the company to lead its next phase of growth.

TowerBrook Makes Strategic Investment in KeHE Distributors

May 17, 2019

Logistics & Distribution

TowerBrook Capital Partners has made a strategic minority investment in KeHE Distributors, committing additional capital to support KeHE's growth initiatives while KeHE retains majority ESOP ownership. The partnership is intended to help KeHE expand its specialty, natural & organic and fresh food distribution network across the United States and Canada.

Continental Batteries (Incline) Acquires Battery Distributors Inc.

February 14, 2019

Industrial Services

Continental Batteries, a portfolio company of Incline Equity Partners, has acquired Battery Distributors Inc. (BDI), a regional distributor of aftermarket batteries based in Atlanta, Georgia. The transaction is an add-on acquisition intended to expand Continental's geographic footprint and branch presence in the Atlanta market.