Private Equity Firm Financial Services

BW Forsyth Partners

St Louis, Missouri, United States

BW Forsyth Partners is the investment arm of Barry-Wehmiller, established in 2009. It uses an evergreen, long-term approach to partner with leadership teams and acquire small- to middle-market companies, deploying operational improvements while preserving leadership autonomy. Focus areas include capital and component equipment and professional services in known, well-understood industries.

Focus Areas
Investment Advisory, Strategic Capital / Growth Investing

Tracked deals

8

8 tracked deals across 2020-2025.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

5 addon · 3 growth capital

BW Forsyth Partners Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for BW Forsyth Partners. 1 2020 3 2023 2 2024 2 2025

Supporting Data

Recent Transactions

  • Afinitas Acquires RJ Watson, Inc.
    October 17, 2025
    Buyer
    Afinitas, BW Forsyth Partners
    Target
    RJ Watson, Inc.
    Industry
    Manufacturing
    Location
    New York, United States
    Type
    Addon

    Afinitas, the Afinitas platform backed by BW Forsyth Partners, has acquired RJ Watson, Inc., a Buffalo-area manufacturer of bridge bearings, seismic isolation devices and expansion joint systems. The deal expands Afinitas' capabilities beyond precast concrete into bridge, highway and heavy construction markets as an add-on to its infrastructure platform.

  • Matter Family Office and IWP Family Office Merge; BW Forsyth Partners Backs Deal
    August 8, 2025
    Buyer
    BW Forsyth Partners
    Target
    Matter Family Office, IWP Family Office
    Industry
    Financial Services
    Location
    United States
    Type
    Growth capital

    Matter Family Office and IWP Family Office have merged to form a single multi-family office platform serving ultra-high-net-worth families, combining more than 90 professionals across St. Louis, Denver, and Dallas–Fort Worth and over $10 billion in assets under advisement. The transaction is supported by an investment from BW Forsyth Partners, which provided strategic capital to scale the combined firm's capabilities and services.

  • Afinitas Acquires Concrete Equipment Assets of Elk River Machine Company (ERMC)
    October 25, 2024
    Buyer
    Afinitas, BW Forsyth Partners
    Target
    Elk River Machine Company (ERMC)
    Seller
    Hutchinson Manufacturing, LLC
    Industry
    Manufacturing
    Location
    Minnesota, United States
    Type
    Addon

    Afinitas has acquired the concrete machinery and forming systems assets and related intellectual property of Elk River Machine Company (ERMC) from ERMC parent Hutchinson Manufacturing, LLC. The deal brings ERMC product lines (wire mesh benders, rollers, cage expanders, wetcast/drycast forms and retaining wall systems) and design talent into the Afinitas platform to expand its concrete equipment and forming systems offering.

  • BW Forsyth Partners Invests in Matter Family Office
    October 2, 2024
    Buyer
    BW Forsyth Partners
    Target
    Matter Family Office
    Industry
    Wealth Management
    Location
    Missouri, United States
    Type
    Growth capital

    BW Forsyth Partners has made a strategic, long-term investment in Matter Family Office, a St. Louis-based multi-family office led by founder Kathy Lintz. Forsyth will provide capital to fund organic growth, future acquisitions and cultural programs, and will join Matter's board while Matter advisors and staff remain in place.

  • BW Forsyth Partners Invests in WalkerHughes Group
    September 18, 2023
    Buyer
    BW Forsyth Partners LLC
    Target
    WalkerHughes Group LLC
    Industry
    Insurance
    Location
    Indiana, United States
    Type
    Growth capital

    BW Forsyth Partners has made a strategic minority (growth) investment in WalkerHughes Group, a founder-led retail insurance brokerage headquartered in Indianapolis. The capital will fund WalkerHughes’ future acquisitions and organic growth as the firm aims to scale into a larger, people-centric insurance distribution platform.

  • Engle Martin Acquires EIMC
    April 21, 2023
    Buyer
    Engle Martin & Associates, LLC, BW Forsyth Partners (Cor Partners)
    Target
    EIMC, LLC
    Industry
    Insurance
    Location
    New Jersey, United States
    Type
    Addon

    Engle Martin & Associates (part of BW Forsyth Partners' Cor Partners family) has acquired EIMC, a global provider of ocean marine risk management, claims investigation and subrogation services headquartered in Jersey City, New Jersey. The deal expands Engle Martin's ocean marine capabilities and global footprint while EIMC retains its leadership team and gains access to Engle Martin's back-office infrastructure and technology.

  • Cor Partners (BW Forsyth-backed) Acquires DBI Construction Consultants
    March 24, 2023
    Buyer
    Cor Partners, BW Forsyth Partners
    Target
    DBI Construction Consultants
    Industry
    Professional Services
    Location
    New York, United States
    Type
    Addon

    Cor Partners, the Atlanta-based parent company of insurance and forensic services businesses (backed by BW Forsyth Partners), has acquired DBI Construction Consultants, a New York–based provider of building and construction consulting and loss/damage measurement services. The acquisition will form a new division within the Cor Partners family and combines DBI with existing Envista Forensics building consulting resources to expand capabilities, coverage and service offerings to insurance and legal clients.

  • Machine Solutions Inc. (BW Forsyth Partners) Adds Crescent Design, Beahm Designs and BW‑TEC AG to Machine Solutions Platform
    October 19, 2020
    Buyer
    Machine Solutions Inc., BW Forsyth Partners
    Target
    Crescent Design Inc., Beahm Designs Inc., BW-TEC AG
    Industry
    Medical Devices
    Location
    California, United States
    Type
    Addon

    Machine Solutions Inc., the medical‑device equipment platform owned by BW Forsyth Partners, completed three add‑on acquisitions in 2020: Crescent Design Inc., Beahm Designs Inc. and Switzerland‑based BW‑TEC AG. The deals expand Machine Solutions' catalog of catheter manufacturing and test equipment and broaden engineering and aftermarket service capabilities for medical device manufacturers.

Related Acquisition Pages

Insurance Buyers & Acquisitions 2 tracked deals by BW Forsyth Partners. Manufacturing Buyers & Acquisitions 2 tracked deals by BW Forsyth Partners. Financial Services Buyers & Acquisitions 1 tracked deal by BW Forsyth Partners. Medical Devices Buyers & Acquisitions 1 tracked deal by BW Forsyth Partners. Acquisitions in New York 2 tracked deals by BW Forsyth Partners. Acquisitions in California 1 tracked deal by BW Forsyth Partners. Acquisitions in Indiana 1 tracked deal by BW Forsyth Partners. Acquisitions in Minnesota 1 tracked deal by BW Forsyth Partners.

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