Private Equity Firm Other

Propel Equity

Boston, Massachusetts, United States

Formerly known as Brixey & Meyer Capital, Brixey & Meyer Capital (BMC growth brand bmcgrowth.com), Brixey & Meyer Capital (BMC)

A people-oriented private investment firm that partners with owners and management teams to execute growth strategies, providing experience, resources, and patient capital. It has invested in lower-middle-market businesses, including software and SaaS, business services, medical devices and life sciences, industrial, and consumer products.

Focus Areas
Lower-middle-market private equity, Software and SaaS, Business services

Tracked deals

22

22 tracked deals across 2019-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

11 addon · 6 buyout · 5 growth capital

Propel Equity Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Propel Equity. 2 2019 3 2020 6 2021 6 2022 3 2023 1 2024 1 2025

Supporting Data

Recent Transactions

Showing the 12 most recent of 22 tracked deals for Propel Equity.

  • Buyer
    Brixey & Meyer Capital
    Target
    Universal Distribution Group (UDG)
    Seller
    Josh Lyerly
    Industry
    Automotive
    Type
    Addon

    Brixey & Meyer Capital (BMC) has acquired Universal Distribution Group (UDG), a Charlotte-based provider of aftermarket automotive shop equipment, installation, and field service. The deal is an add-on to BMC's automotive shop equipment platform—UDG's founder Josh Lyerly retains a stake and will remain in a leadership role—expanding the platform's geographic coverage and heavy-duty/collision repair capabilities across the Southeast.

  • Buyer
    Brixey & Meyer Capital
    Target
    Smith Equipment Solutions
    Seller
    Wil Smith, Emily Smith
    Industry
    Automotive
    Type
    Addon

    Brixey & Meyer Capital (BMC) has acquired Smith Equipment Solutions, a Raleigh, North Carolina-based provider of sales, installation and field service for automotive aftermarket shop equipment. The transaction — closed October 31, 2024 — is BMC's second add-on to its automotive equipment platform (following its recent ProMain purchase) and the sellers, Wil and Emily Smith, will retain an ownership stake.

  • Buyer
    Brixey & Meyer Capital
    Target
    Hamlett Engineering Sales Co (HESCO), Lipp American Tank Systems (LATS)
    Seller
    Kevin Livingston, Glenn Hummel
    Type
    Buyout

    Brixey & Meyer Capital (BMC) has acquired Hamlett Engineering Sales Co (HESCO) and Lipp American Tank Systems (LATS), two Novi, Michigan–based service providers and process equipment distributors serving municipal water systems and large waste producers. The businesses were acquired from Kevin Livingston and Glenn Hummel, who will continue to lead and remain as owners; BMC says the investment will expand capabilities and accelerate growth.

  • Buyer
    Commercial Energy Specialists Holdings LLC (dba Aquafinity), Turning Basin Capital Partners, LLC, Vigeo Investments, LLC
    Target
    Aquatic Environmental Systems, Inc.
    Type
    Addon

    Commercial Energy Specialists Holdings LLC (dba Aquafinity), a Turning Basin Capital and Vigeo Investments-backed platform, has acquired Aquatic Environmental Systems, Inc. (AES), a Tempe, Arizona-based provider of full-service water treatment solutions for commercial and institutional swimming pools in Arizona, New Mexico and west Texas. The add-on deal, which closed June 30, 2023, expands Aquafinity’s geographic presence in the Southwest; terms were not disclosed.

  • Buyer
    Guardian Access Solutions, Brixey & Meyer Capital
    Target
    VP Access Gate Systems
    Seller
    Val Moliere, Paula Moliere
    Type
    Addon

    Guardian Access Solutions, a portfolio company of Brixey & Meyer Capital, has acquired VP Access Gate Systems from Val and Paula Moliere. The add-on expands Guardian’s presence in the greater Atlanta market and adds custom automated gate system capabilities; Val Moliere will join Guardian to oversee the Georgia custom automated gate division.

  • Buyer
    Essex Bay Capital
    Target
    STRIVE
    Industry
    Cloud & SaaS

    Essex Bay Capital has made a growth investment in STRIVE, a mobile and web-based employee experience SaaS that serves small and medium-sized employers and brokers. The capital will fund product enhancements, customer success, sales and marketing expansion, and support STRIVE's inorganic growth plans; Hennepin Partners served as exclusive financial advisor to STRIVE.

  • Buyer
    Commercial Energy Specialists Holdings LLC, Turning Basin Capital Partners, LLC, Vigeo Investments, LLC, LNC Partners
    Target
    Knorr Systems, Inc.
    Type
    Addon

    Commercial Energy Specialists Holdings LLC (CES Holdings), a platform formed by Turning Basin Capital Partners and Vigeo Investments with CEO Alvaro Mendoza, acquired Knorr Systems, Inc. (KSI), a Santa Ana, California-based provider of service-supported distribution and water quality control equipment for commercial and institutional pools. LNC Partners provided financing (senior subordinated term loan and equity co-investment); KSI's management, led by President Rich Robert, will remain to support geographic expansion and integration into CES's Q5 Water Quality Management program.

  • Buyer
    Munetrix, Essex Bay Capital
    Target
    Dynamo Metrics Inc.
    Industry
    Cloud & SaaS
    Type
    Addon

    Munetrix, a PE-backed SaaS provider of municipal and education performance analytics, has acquired Dynamo Metrics Inc., a provider of parcel-level planning and neighborhood health analytics for local governments and public-sector partners. The deal — Munetrix's first add-on since investment from Essex Bay Capital — brings Dynamo's founders into Munetrix's leadership and expands the platform's capability for economic/community development and school-district analytics.

  • Buyer
    Essex Bay Capital
    Target
    Divvy Engagement Solutions
    Industry
    Software

    Essex Bay Capital made a growth equity investment in Divvy Engagement Solutions to support leadership expansion, product development, customer support, and sales growth. As part of the transaction Divvy named Casey McCullar as CEO and plans to pursue organic product expansion and add-on acquisitions to scale the SaaS employee engagement platform.

  • Buyer
    Access Control Systems (ACS), Brixey & Meyer Capital
    Target
    Access Control Technologies (ACT)
    Seller
    Mike Knarreborg and his partners
    Type
    Addon

    Access Control Systems (ACS), a Brixey & Meyer Capital–backed system integrator headquartered in Nashville, acquired Access Control Technologies (ACT), a Central Florida installer of automated gate systems headquartered in Orlando. The deal was sourced from Mike Knarreborg and his partners and is intended to expand ACS’s Florida presence, add capabilities, and accelerate ACT’s growth.

  • Buyer
    National Glazing Solutions (NGS), Turning Basin Capital, Vigeo Investments
    Target
    CHB Industries
    Seller
    Carol Borow (owner and president, CHB Industries)
    Type
    Addon

    National Glazing Solutions (NGS), a PE-backed nationwide dealer-installer of window film, printed graphics and security glazing, acquired CHB Industries, a 30-year regional window-film and graphics specialist. The add-on deal—backed by Turning Basin Capital and Vigeo Investments—expands NGS's sales and operations into the New York and Chicago markets; the transaction closed December 30, 2021.

  • Buyer
    Turning Basin Capital, Vigeo Investments
    Target
    National Glazing Solutions (NGS)

    Turning Basin Capital and co-investor Vigeo Investments provided growth equity to National Glazing Solutions (NGS) to fund national expansion and acquisitions. NGS, a Canton, Georgia-based dealer-installer of window film, Riot Glass, printed graphics and signage, will keep its founders James Beale and Patrick Coyle in operating roles while using the capital to scale operations.

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