Private Equity Firm Financial Services

Bluehenge Capital Partners

Baton Rouge, Louisiana, United States

Bluehenge Capital Partners is a lower middle-market private equity and private credit firm headquartered in Baton Rouge, Louisiana. The firm manages SBIC vehicles and provides capital solutions to established businesses for buyouts, acquisitions, and growth.

Focus Areas
Private equity, Private credit, SBIC financing
Website
bluehenge.com

Tracked deals

10

10 tracked deals across 2019-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout · 2 addon · 2 growth capital

Bluehenge Capital Partners Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Bluehenge Capital Partners. 1 2019 2 2022 4 2023 3 2024

Supporting Data

Recent Transactions

  • Buyer
    The Black Phoenix Group LLC, Patriot Capital, Bluehenge Capital Partners
    Target
    PACCAR Winch
    Seller
    PACCAR Inc.
    Industry
    Manufacturing
    Type
    Buyout

    The Black Phoenix Group LLC completed the acquisition of PACCAR Winch from PACCAR Inc. on November 1, 2024; financial terms were not disclosed. Patriot Capital and Bluehenge Capital Partners provided debt and equity co-investment support for the carve-out; PACCAR Winch will continue to operate under its current management and join BPG’s industrial portfolio.

  • Buyer
    Bluehenge Capital Partners
    Target
    M. Spiegel & Sons (SOS Xtreme Comfort)
    Seller
    Spiegel family
    Type
    Buyout

    Bluehenge Capital Partners has made a strategic investment in M. Spiegel & Sons, the parent company of SOS Xtreme Comfort, to complete a family ownership transition and support future growth. The Spiegel family will remain involved in operations, with Jeffrey Spiegel as President and Meredith Spiegel as COO, while Bluehenge provides capital and strategic guidance.

  • Buyer
    Cordatus Capital, Bluehenge Capital Partners
    Target
    B&J Welding Supply
    Type
    Buyout

    Dallas-based private investment firm Cordatus Capital acquired B&J Welding Supply, the largest independent packaged gas and welding hardgoods distributor in West Texas. Bluehenge Capital Partners provided debt and equity to facilitate the transaction; Cordatus formed American Gas Group as a platform to pursue further acquisitions in the packaged gas industry.

  • Buyer
    Crescendo Capital Partners, LLC, Stonehenge Capital Company, LLC
    Target
    Nevada Drywall, Stucco & Stone Inc.
    Seller
    Principals of Nevada Drywall, Stucco & Stone (including co-owner Marc Garrick)
    Industry
    Construction

    Crescendo Capital Partners completed a majority recapitalization of Nevada Drywall, Stucco & Stone Inc. (NDSS) on September 15, 2023, with Stonehenge Capital providing senior debt and equity co-investment. NDSS principals (including co-owner Marc Garrick) retain equity and remain in leadership; GulfStar Group served as exclusive financial advisor to NDSS.

  • Buyer
    Amuze Products, Bar Partners, Surge Private Equity, Bluehenge Capital Partners
    Target
    Pipeline Games
    Type
    Addon

    Amuze Products, in partnership with Bar Partners and owner Surge Private Equity (operating as Surge Amuze Holdings), has acquired Pipeline Games, a developer of arcade and prize games for entertainment venues. The acquisition was financed with an expansion facility from Bluehenge Capital Partners alongside existing senior lenders, and Pipeline Games will operate as a subsidiary of Surge Amuze Holdings to expand product offerings and accelerate growth in the amusement industry.

  • Buyer
    Bluehenge Capital Partners
    Target
    Alliance Distribution Partners, LLC
    Type
    Buyout

    Bluehenge Capital Partners provided debt financing to support a management buyout of Alliance Distribution Partners, LLC, a Hendersonville, Tennessee-based industrial, welding and specialty retail supplies distributor. The existing management team remains in place and will pursue organic growth opportunities while continuing service to existing customers.

  • Buyer
    Arcane Plastics, LLC, Arcane Capital Partners, Bluehenge Capital Partners
    Target
    Poly-Tech Plastic Molding Inc.
    Industry
    Manufacturing
    Type
    Addon

    Arcane Plastics, backed by Arcane Capital Partners and an investment from Bluehenge Capital Partners, has acquired Prairie Grove-based Poly-Tech Plastic Molding, a custom injection-molding and extrusion company. The deal expands Arcane's production capacity (adding a 65,000-square-foot facility), broadens its customer base across multiple end markets, and supports a platform strategy to consolidate plastics manufacturing capabilities in North America.

  • Buyer
    IMB Partners, Stonehenge Capital Company
    Target
    Farwest Corrosion Control Company

    IMB Partners, a middle-market private equity firm, made a strategic growth investment in Farwest Corrosion Control Company, a Downey, California-based cathodic protection and corrosion-control services and products provider. Stonehenge Capital Company provided a uni-tranche SBIC financing solution to support the transaction; Farwest will continue to be led by its existing management team as IMB helps expand its utility and infrastructure services capabilities.

  • Buyer
    Bluehenge Capital Partners
    Target
    Iberville Companies

    Bluehenge Capital Partners provided subordinated debt to support a management-led buyout and recapitalization of Iberville Companies. First Horizon Bank provided senior debt financing; the recapitalization will keep the existing management team in place as Iberville pursues organic growth across its industrial insulation and specialty contracting business.

  • Buyer
    Juniper Capital Management, Bluehenge Capital Partners
    Target
    Metal Resources Holdings, LLC
    Industry
    Manufacturing

    Dallas-based private equity firm Juniper Capital Management, alongside Baton Rouge SBIC Bluehenge Capital Partners, made a growth capital investment in Hinsdale, Illinois–based Metal Resources Holdings, LLC. The capital will support the development and expansion of Metal Resources' two subsidiaries — Andes Coil Processors and MRI Steel Framing — enabling organic growth, operational improvements and expansion into additional geographic markets.

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