We’re proud of what the team has achieved and incredibly grateful to those who have supported Blue Point through our journey as a firm. It’s a pleasure to celebrate our own Blue Point team and our hard-working portfolio company employees. Please join us in taking a look back at the year that was as we step forward with optimism into another year.
Since 2000, Blue Point’s commitment to investing in lower-middle-market companies in partnership with entrepreneurs and management teams has resulted in:
- 5 funds raised
- $2.5B capital under management
- $1.9B in deployed capital
- 148 deals closed
- $9B+ in transaction value
We worked to grow our current platform companies and create lasting value by pursuing strategic organic growth opportunities and M&A.
In 2023, we:
- Established our eyewear platform with Europa Eyewear and, shortly after, expanded with the acquisition of eyebobs.
- Integrated the exciting addition of Rex Specs to the Weaver Leather platform.
- Stedman created a European beachhead for the Next Level Apparel platform.
- Grew our general automotive distribution platform at Transtar Industries with the add-ons of Pro Form Products, C&M Auto Parts and Arch Auto Parts.
- Expanded the reach of TAS Environmental Services, L.P. through the add-on of Environmental Concepts & Services, Inc.
- Grew siffron with the acquisition of Process Retail Group.
We want to extend a special nod to the team members who joined us or were promoted in the last year:Â