Private Equity Firm Other

Blackford Capital

Grand Rapids, Michigan, United States

Private equity investment firm headquartered in Grand Rapids, Michigan. Makes majority control investments in founder- and family-owned, lower middle-market manufacturing, industrial, and service companies.

Focus Areas
Private equity (majority control investments)

Tracked deals

28

28 tracked deals across 2009-2026.

Recent pace

5

5 tracked deals announced in the last 12 months.

Deal mix

Addon

19 addon · 8 buyout · 1 growth capital

Blackford Capital Acquisition Volume by Year

Last 9 years

Acquisition volume by year Annual acquisition counts for the last 9 years for Blackford Capital. 1 2017 1 2018 1 2019 4 2021 4 2022 2 2023 5 2024 4 2025 ~5 est. 4 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 28 tracked deals for Blackford Capital.

  • Buyer
    Habco Partnership, Inc., Blackford Capital
    Target
    E.G. Middleton, Inc.
    Type
    Addon

    Habco Partnership, backed by Blackford Capital, acquired E.G. Middleton, a family-owned electrical contractor based in Norfolk, Virginia. The acquisition expands Habco’s MEP platform into Virginia and adds specialized electrical contracting capabilities, customer relationships, and a stronger presence across the Mid-Atlantic.

  • Buyer
    Blackford Capital
    Target
    Industrial Electronic Systems, Inc. (IES)
    Type
    Addon

    Blackford Capital acquired Industrial Electronic Systems, Inc. (IES), a fire alarm and life safety systems integrator in the Greater Sacramento area. The deal marks the second add-on acquisition for Blackford’s Security Fire Solutions platform, following the December 2024 purchase of Security Fire Systems (SFS) and the September 2025 add-on of Lakeview Security, Fire & Communication.

  • Buyer
    Prospect Capital Corporation, Prospect Capital affiliate, Blackford Capital
    Target
    Security Fire Systems (SFS)

    Prospect Capital Corporation, along with an affiliate, provided approximately $26 million consisting of a first lien senior secured term loan and preferred equity to Security Fire Systems (SFS). The investment was made in collaboration with Blackford Capital and is intended to support SFS’s organic growth and acquisition strategy in the fire suppression space.

  • Buyer
    Blackford Capital
    Target
    Habco Partnership, Moro Corporation
    Industry
    IT Services
    Type
    Addon

    Blackford Capital launched a new HVAC, Electrical and Diversified Services (HEDS) platform by merging its December 2025 acquisitions of Habco Partnership and Moro Corporation under the Habco name. Habco, a national full-service electrical contracting firm, and Moro, a construction services and materials business, are being combined to create an integrated provider of HVAC and electrical services.

  • Buyer
    Blackford Capital
    Target
    Texas Injection Molding
    Industry
    Manufacturing
    Type
    Buyout

    Blackford Capital, a lower middle-market private equity firm, invested in Texas Injection Molding, a Houston-headquartered precision injection molding manufacturer. The funding is intended to support the company’s continued expansion and Blackford’s efforts to identify and integrate acquisitions. Terms of the transaction were not disclosed.

  • Buyer
    Security Fire Systems, Blackford Capital
    Target
    Lakeview Security, Fire & Communications
    Seller
    Matt Reynolds
    Industry
    Construction
    Type
    Addon

    Security Fire Systems (SFS), a Blackford Capital-backed fire safety consolidation platform, acquired Lakeview Security, Fire & Communications, a North Little Rock provider of alarm, fire protection, camera and monitoring services. The acquisition expands SFS's presence in Arkansas and broadens its service offerings beyond fire sprinkler work into security and monitoring; terms were not disclosed.

  • Buyer
    Davalor Mold Company, LLC, Blackford Capital
    Target
    Industrial Molding Corporation
    Seller
    NN, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Davalor Mold Company, LLC, a portfolio company of Blackford Capital, acquired Industrial Molding Corporation from NN, Inc. as the first add-on to the Davalor platform. The acquisition expands Davalor's manufacturing capabilities and leadership bench, supporting continued platform growth and capability expansion.

  • Buyer
    Blackford Capital, PACIV (Blackford Capital Industrial Automation Platform)
    Target
    Ace Controls
    Seller
    Agmed Aguirre (founder/shareholder), Lindsey Aguirre (co-owner/shareholder)
    Industry
    Manufacturing
    Type
    Addon

    Blackford Capital acquired Houston-based Ace Controls and added it as the third add-on to its PACIV industrial automation platform. The acquisition expands PACIV's control panel capabilities and adds exposure to the water & wastewater and oil & gas end markets while extending the platform's geographic footprint to Texas; Ace Controls' management and employees will remain with the business.

  • Buyer
    Blackford Capital
    Target
    Security Fire Systems
    Industry
    Construction
    Type
    Buyout

    Blackford Capital acquired Security Fire Systems (SFS) on December 12, 2024, launching its Fire Safety Consolidation Platform; terms were not disclosed. SFS, founded in 1993 and based in the Dallas–Fort Worth area (Coppell, Texas), provides fire sprinkler design, installation, testing, maintenance and fire alarm services across Texas, Arkansas, Colorado and Oklahoma; SFS management will remain in place as Blackford pursues further add-on consolidation opportunities.

  • Buyer
    Blackford Capital
    Target
    Empire Distributing
    Seller
    Founders Mike and Lois Rupp / Rupp family
    Type
    Addon

    Blackford Capital, a lower middle-market private equity firm, has acquired Empire Distributing, a hearth and outdoor living products distributor based in Arcade, New York. The deal is an add‑on to Blackford's Patio Consolidation Platform and is intended to broaden the platform's product breadth, distribution channels and geographic reach across the Northeast and Midwest US; terms were not disclosed.

  • Buyer
    Blackford Capital, Davalor Mold Company, LLC
    Target
    Industrial Molding Corporation (IMC)
    Seller
    NN, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Blackford Capital’s portfolio company Davalor Mold Company acquired Industrial Molding Corporation (IMC) from NN, Inc. as the first add-on for the Davalor platform. The Lubbock, Texas injection-molding business will operate as a separate business unit under Davalor, retaining IMC’s management and expanding Davalor’s precision plastics capabilities across automotive and industrial end markets.

  • Buyer
    Blackford Capital
    Target
    Eight12 Automation
    Type
    Addon

    Blackford Capital has acquired Eight12 Automation, a Southern California-based industrial automation and controls engineering firm, as an add-on to its PACIV Industrial Automation platform. The deal expands PACIV’s West Coast presence and deepens capabilities in regulated end markets such as life sciences, medical devices and pharmaceutical manufacturing; terms were not disclosed.

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