A private equity firm is a finalist for the National Private Equity Firm of the Year award from an organization dedicated to the M&A industry.
Blackford Capital in Grand Rapids said this week that it is up for the award as part of the 14th Annual M&A Advisor Awards, which is a program recognizing firms, transactions and industry professionals.
Martin Stein, founder and managing director of Blackford Capital, said the firm is honored to be a finalist for the Firm of the Year and is always appreciative of recognition for the hard work that goes into deals.
“We have a talented team that has accomplished and exceeded many of our goals this year, with impressive acquisitions from our Michigan Prosperity Fund I and our National Growth Practice,” Stein said. “We are in an exciting position to continue to be an engine of job creation and economic growth in Michigan and the U.S. for years to come.”
Blackford Capital is among seven other firms up for the award: ABRY Partners; Catterton; High Road Capital Partners; Huron Capital Partners; The Carlyle Group; The Ensign Group; and Watermill Group.
The award program
The M&A Advisor Awards covers nine categories: M&A Deal; Restructuring Deal; Cross-Border Deal; Corporate/Strategic Acquisition; Deal Financing; Sector Deals; Firms; M&A Product/Service; and M&A Professionals.
Firms and people nominated for the awards were selected as finalists after an independent panel of judges evaluated the applications.
The finalists from each award category will be recognized at the M&A Advisor Awards Gala, which is a celebration for firms and professionals in the M&A industry and held in conjunction with the annual M&A Advisor Summit on Nov. 17 in New York.
Winners from the group of finalists will be announced during the awards gala.
David Fergusson, president and co-CEO of M&A Advisor, said since the inception of the award program in 2002, the organization has been honoring the leading dealmakers, firms and transactions.
“Each year, we celebrate the creativity, perseverance and ingenuity of our industry’s professionals,” Fergusson said. “It is truly an honor for our firm to be able to recognize the contribution that the 2015 award finalists have made.”
Blackford Capital specializes in acquiring, managing and growing middle-market companies in the manufacturing, distribution and services industries.
Blackford Capital has two practice areas, its National Growth Practice, which focuses on middle-market enterprises in the U.S. and Canada, and Michigan Prosperity Fund, which is designed for enterprises headquartered in Michigan.
The firm has eight portfolio companies located across the country, reviewed roughly 5,000 transactions in 2014 and closed 38 transactions in the past 10 years.