Welcome to the October 2022 edition of Axial’s Lower Middle Market Deal Digest, your source for news, deal announcements, and all things LMM.
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BMO Capital
BMO is an investment partnership between Paul Stepanek and Nathan Gregory. The firm seeks strong companies that have been stewarded by families for the long-term. BMO’s goal is to continue that legacy of service and continue to delight customers, employees and partners for years to come. View Profile
Ridgefield Partners
Veteran private equity fund manager Richard Waryn has joined forces with transportation and logistics entrepreneur Todd Harman and M&A specialist Michael Seeley to form Ridgefield Partners, a top-tier mergers & acquisitions and strategic advisory firm serving the middle-market. View Profile
Timberline Management Company
Timberline is a family office in Birmingham, Alabama with experience in minority financings as well as control transactions. The firm has partnered with founders to provide personal liquidity and growth capital for the business. View Profile
Abundant Culture Group
Abundant is an opportunistic private investment firm that focuses on acquiring middle market and lower middle market companies. The firm has a people first and profit second mentality that is not only financially rewarding but spiritually rewarding as well. View Profile
The Fortia Group
The Fortia Group advises eCommerce Entrepreneurs on operational and corporate finance matters preparing the business to exit. The firm has built a global team and advised on multiple 7 and 8-figure exits, with >20 mandates for this year alone. View Profile
HumanCentric
HumanCentric is passionate about doing great work and helping others do great work too. The firm believes in work-life integration and the celebration of the unique contributions that individuals make to the world of business. View Profile
People Moves
The Halifax Group promotes Amit Swaroop to Principal. Read More
StephensPrivate Wealth Management hires Financial Consultant Joshua Boyle. Read More
HBM promotes Jim Norris to President & CEO of Control Devices. Read More
ROTH Capital Partners announces the addition of Kumaraguru Raja, Ph.D. to its Healthcare Research Team. Read More
Mike Algrim joins Empowered Ventures as Vice President of Portfolio Operations. Read More
Boxwood Partners adds three key members as deal activity heightens. Read More
Gauge Capital continues to invest in team with recent hire of Garrett Fair as Principal. Read More
Soundcore loads up on more talent – now has largest team in its history. Read More
Member Shoutouts
Platte River Equity named to Inc.’s 2022 List of Founder-Friendly Investors. Read More
Baker Tilly Digital receives IFS Partner of the Year award. Read More
Colliers International’s Janet Miller named 2022 Heavy Hitter by the Nashville Business Journal. Read More
Heartwood Partners’ portfolio company wins sustainability award. Read More
Bregal Sagemount named to Inc.’s 2022 Founder-Friendly Investors List. Read More
ButcherJoseph’s Jack Thurston honored as a Top Veteran in the Workplace by Small Business Monthly. Read More
Deal News from Axial Members
Kratos Capital advises Dakatoland Autoglass on acquisition by West Edge Partners
CheckedUp, a Rockbridge Growth Equity portfolio company, acquires Health Media Network Read More
Everingham & Kerr, Inc. advises Promptworks on acquisition by JLL Partners
Infinity Financial Group aids Kinley Construction Group with major stakeholder buyout Read More
CBI Team advises Acord’s Home Center on acquisition by Bolster Hardware, a portfolio company of CMG Companies
Peakstone advises Sales Empowerment Group on its sale to RFE Investment Partners Read More
The Firm Business Brokerage advises Texas Nurse Connection on acquisition by Red Oak Ventures
CIVC Partners announces investment in Continuum Companies Read More