About Us - Blackford Capital
Blackford Capital, Midwest Private Equity, Michigan Private Equity, Michigan Prosperity Fund, Deal of the Year, Middle Market, Lower Middle Market
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ABOUT BLACKFORD CAPITAL

Founded in 2000, Blackford Capital is a private equity investment firm based in Grand Rapids, Michigan that acquires, manages, and builds middle-market manufacturing, distribution, and service companies. With over $650 million in transaction value and 34 acquisitions, we pride ourselves on our long history of value creation and in providing divestiture opportunities for corporate parent companies.

Blackford distinguishes itself from other private equity firms by its extensive deal sourcing process, disciplined investment criteria and rigorous business model reconfiguration.

BY THE NUMBERS

Current portfolio companies:

  • Have aggregate revenues of over $225 million
  • Work with 800 employees
  • Operate in 11 states

Blackford’s team has:

  • Reviewed over 14,000 transactions
  • Completed detailed analysis on 1,200 companies
  • Visited 150 possible acquisition opportunities
  • Completed 16 majority-control investments
  • Completed 5 minority-control investments
Martin Stein Blackford Capital
14000

TRANSACTIONS REVIEWED

1200

COMPANIES ANALYZED

50

OFFERS TO INVEST SUBMITTED

16

MAJORITY CONTROL INVESTMENTS COMPLETED

WHY BLACKFORD CAPITAL

At Blackford Capital, we care about the customers, employees, and the communities of the companies we acquire. Our approach is built on seeking out unique attributes to maximize the value of your business and continue its legacy. 

Dedicated to Growth

We are committed to provide our expertise in management teams, networks, and financial plans for growth in each of our portfolio companies. We value the importance of supporting both the local and national economy, and focus on creating jobs in the communities that our companies call home.

Provide Opportunities

We are quick to provide new opportunities for expansion and are dedicated to working together to strengthen management process, attract new customers, and capitalize on business growth and development

Best-In-Class

We are a firm that works together with shared values to achieve common goals, create long-term partnerships, and deliver best-in-class results. We are motivated for our clients and driven by their metrics of success, and share a common goal to grow together.

blackford capital private equity

OUR TEAM

Blackford Capital’s team combines new perspectives and creative approaches to develop sustainable and profitable businesses. We build trust with our clients through our industry expertise and innovative ideas – we know your business and what it takes for it to reach its full potential. For our portfolio companies, Blackford Capital provides the chance to grow under the management of some of the nation’s most successful leaders who have the vision and commitment to successfully grow their business. 

INVESTMENT PHILOSOPHY

Blackford Capital has developed a disciplined investment focus designed to generate high returns for its Limited Partners.

Market Focus

The lower middle market typically includes companies $15 – $100 million in revenue and $2 – 10 million in cashflow. This segment of the market offers a niche investment area for Blackford, and allows us to focus on industries and businesses where we maintain a competitive advantage. 

Investment Criteria

Blackford seeks mature companies with proven profitability, stable cash flows, and management teams that are looking to grow the business yet require additional capital and expertise to reach these goals

Transaction Type

In most cases, Blackford seeks majority-control of a company where we believe we can add meaningful value through operational enhancements and an optimized capital structure.

Target Industries

Blackford focuses on low-tech manufacturing, distribution, and service companies with an industrial focus, while targeting businesses with a customer base in mature and growing industries.  

Strategic Focus

As we evaluate a deal, Blackford develops a growth and operations strategy prior to closing the transaction utilizing its network of operating partners and strategic resources. 

Returns

Blackford targets 3.0x – 4.0x cash-on-cash returns (25%+ IRR) over a 5 – 7 year period.

Interested in more? View our portfolio of work: