Latest news with #BluePoint
Business Wire
20-05-2025
- Business
- Business Wire
Blue Point-Backed Pinnacle MEP Amps Up Portfolio with Hammans Electric Add-On
CLEVELAND--(BUSINESS WIRE)--Blue Point Capital Partners and its portfolio company, Pinnacle MEP, announced today the strategic acquisition of Hammans Electric, Inc., a licensed electrical contractor with more than 30 years of experience in commercial and industrial services throughout the Indianapolis area. This is the second transaction for the Pinnacle platform in partnership with Blue Point since the firm's initial investment last year, and the fifth Indianapolis-based add-on overall, bringing the total number of investments to 17 across the greater Midwest. Founded in Indianapolis, Hammans Electric is recognized for its team of certified master electricians and long-standing commitment to quality, safety and customer satisfaction. The company has built a trusted reputation for delivering high-caliber electrical solutions with a focus on service excellence. 'From the beginning, it was clear that our values aligned with Pinnacle's — a shared commitment to integrity, quality and putting people first,' said Hammans Electric President Mike Hammans. 'This partnership brings founder-focused support and resources that allow us to grow while staying true to our roots. We're excited to expand our capabilities and continue delivering exceptional service across Indiana.' Pinnacle MEP is a growing trade services platform with a mission to empower HVACR, electrical and plumbing companies to better serve their communities through operational excellence and customer-first values. The platform maintains a strong local presence in each of its markets and has continued to expand through targeted M&A and strategic partnerships, including the recent acquisition of Indiana-based Bell Plumbing Services in November 2024. 'Hammans is a great fit for the Pinnacle platform,' said Bill Kowal, a member of Blue Point's Operating Group and chairman of Pinnacle. 'We're excited to expand our electrical services in Indiana, grow our regional presence and continue building a full-service offering across the Midwest.' Pinnacle is actively seeking additional partnerships with like-minded market leaders in HVACR, electrical and plumbing services. Business owners interested in learning more may contact Blue Point Managing Director, Business Development, Megan Kneipp at mkneipp@ Hammans Electric Inc. is a licensed electrical contractor based in Indianapolis, Indiana, specializing in commercial and industrial electrical services. Established in 1989, the company has over 30 years of experience serving clients in Indianapolis and the surrounding areas. With a team of certified master electricians, Hammans Electric is committed to delivering quality assurance and certified installations for its customers. Pinnacle MEP is a portfolio of companies providing HVACR, plumbing, electrical and related mechanical services with a vision for every community to be served by reliable and trustworthy trades within the industry. Comprised of operators and entrepreneurs who know how challenging it can be to run a successful business; Pinnacle is equipped with the resources to help them grow effectively and do more for the people who rely on them. Blue Point Capital Partners is a private equity firm managing over $1.8 billion in committed capital. With nationwide resources, Blue Point's geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors while providing the perspectives and resources of a global organization. Blue Point has over a two-decade history of partnering with lower middle-market businesses to build processes and capabilities to achieve growth. Blue Point's portfolio is supported by its unique capabilities — which include an integrative team focused on innovative global supply chain, data and digital and human capital strategies — as well as its extensive experience, network of industry resources and focused M&A efforts. Blue Point typically invests in businesses that generate between $30 million and $300 million in revenue. Note: Certain statements about Blue Point Capital Partners made by portfolio company executives herein are intended to illustrate Blue Point Capital Partners' business relationship with such persons, including with respect to Blue Point Capital Partners' facilities as a business partner, rather than Blue Point Capital Partners' capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Blue Point Capital Partners-sponsored vehicles.
Yahoo
20-05-2025
- Business
- Yahoo
Blue Point-Backed Pinnacle MEP Amps Up Portfolio with Hammans Electric Add-On
Strategic move marks fifth Indianapolis-based add-on and deepens market reach CLEVELAND, May 20, 2025--(BUSINESS WIRE)--Blue Point Capital Partners and its portfolio company, Pinnacle MEP, announced today the strategic acquisition of Hammans Electric, Inc., a licensed electrical contractor with more than 30 years of experience in commercial and industrial services throughout the Indianapolis area. This is the second transaction for the Pinnacle platform in partnership with Blue Point since the firm's initial investment last year, and the fifth Indianapolis-based add-on overall, bringing the total number of investments to 17 across the greater Midwest. Founded in Indianapolis, Hammans Electric is recognized for its team of certified master electricians and long-standing commitment to quality, safety and customer satisfaction. The company has built a trusted reputation for delivering high-caliber electrical solutions with a focus on service excellence. "From the beginning, it was clear that our values aligned with Pinnacle's — a shared commitment to integrity, quality and putting people first," said Hammans Electric President Mike Hammans. "This partnership brings founder-focused support and resources that allow us to grow while staying true to our roots. We're excited to expand our capabilities and continue delivering exceptional service across Indiana." Pinnacle MEP is a growing trade services platform with a mission to empower HVACR, electrical and plumbing companies to better serve their communities through operational excellence and customer-first values. The platform maintains a strong local presence in each of its markets and has continued to expand through targeted M&A and strategic partnerships, including the recent acquisition of Indiana-based Bell Plumbing Services in November 2024. "Hammans is a great fit for the Pinnacle platform," said Bill Kowal, a member of Blue Point's Operating Group and chairman of Pinnacle. "We're excited to expand our electrical services in Indiana, grow our regional presence and continue building a full-service offering across the Midwest." Pinnacle is actively seeking additional partnerships with like-minded market leaders in HVACR, electrical and plumbing services. Business owners interested in learning more may contact Blue Point Managing Director, Business Development, Megan Kneipp at mkneipp@ Hammans Electric Inc. is a licensed electrical contractor based in Indianapolis, Indiana, specializing in commercial and industrial electrical services. Established in 1989, the company has over 30 years of experience serving clients in Indianapolis and the surrounding areas. With a team of certified master electricians, Hammans Electric is committed to delivering quality assurance and certified installations for its customers. Pinnacle MEP is a portfolio of companies providing HVACR, plumbing, electrical and related mechanical services with a vision for every community to be served by reliable and trustworthy trades within the industry. Comprised of operators and entrepreneurs who know how challenging it can be to run a successful business; Pinnacle is equipped with the resources to help them grow effectively and do more for the people who rely on them. Blue Point Capital Partners is a private equity firm managing over $1.8 billion in committed capital. With nationwide resources, Blue Point's geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors while providing the perspectives and resources of a global organization. Blue Point has over a two-decade history of partnering with lower middle-market businesses to build processes and capabilities to achieve growth. Blue Point's portfolio is supported by its unique capabilities — which include an integrative team focused on innovative global supply chain, data and digital and human capital strategies — as well as its extensive experience, network of industry resources and focused M&A efforts. Blue Point typically invests in businesses that generate between $30 million and $300 million in revenue. Note: Certain statements about Blue Point Capital Partners made by portfolio company executives herein are intended to illustrate Blue Point Capital Partners' business relationship with such persons, including with respect to Blue Point Capital Partners' facilities as a business partner, rather than Blue Point Capital Partners' capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Blue Point Capital Partners-sponsored vehicles. View source version on Contacts For more information, contact: Blue Point Capital Partners Megan KneippManaging Director, Business Development mkneipp@ Evan CottingtonPrincipal ecottington@ MiddleM Creative (Media Inquiries) Jan MorrisVice President jan@ Sign in to access your portfolio
Glasgow Times
17-05-2025
- Sport
- Glasgow Times
Rosallion returns in star-studded Lockinge
Runner-up to the reopposing Notable Speech in last year's 2000 Guineas, the Blue Point colt comprehensively reversed that form in the St James's Palace Stakes at Royal Ascot, with a narrow Classic triumph in the Irish Guineas sandwiched in between. Having seen his season cut short as a respiratory infection forced him to miss Goodwood's Sussex Stakes, Rosallion must overcome an 11-month absence in Saturday's Group One feature and Hannon is keeping his fingers crossed he is fit enough to do himself justice. 'He's been off the track for a long time and that is a hard thing to get over,' said the trainer. 'He looks great and I'm looking forward to the race. He hasn't been able to get on the grass much, but I took him to Newbury twice and he worked great. 'It's probably the best Lockinge we've seen for a long time, but I'm just hopeful that he returns the same horse he was last year. 'If he is, then he should have a good year. I just hope Sheikh Mohammed Obaid (owner) hasn't used up all his luck this week having seen Inisherin come back and win at York earlier in the week!' Rosallion's chief rival looks to be Roger Teal's Dancing Gemini, who has been firing on all cylinders this season, with an impressive comeback victory in the Doncaster Mile followed by a similarly dominant display in Sandown's bet365 Mile. Dancing Gemini on his way to victory at Sandown (Andrew Matthews/PA) With Ryan Moore in the saddle for the first time and race fitness on his side, Teal is hoping his stable star can prove his worth at the highest level. 'We've been really happy with him, his work has been very good at home,' said the Lambourn handler. 'He's done nothing wrong at all, he backed up his Doncaster run at Sandown. He was impressive there and we're very happy with the shape he's in at home. 'The Sandown race was almost a Group One field in a Group Two, there were a couple having their first runs and they should improve, but I still thought he did it very well. 'Ryan is in the form of his life, he was brilliant on Wednesday and he's had a great couple of weeks, so please God that continues.' David Menuisier is looking forward to running Tamfana in the Lockinge (Joe Giddens/PA) Just under two lengths behind Dancing Gemini in second at Sandown was David Menuisier's Tamfana, a talented filly who won the Sun Chariot last season and hit the frame in several other Group One races. 'She's grand and in really good form and I feel she's come on for her run at Sandown,' said Menuisier. 'She runs her race every time and it's great to have a horse like this and be able to run in these races at the top level. 'It was a really good return to action at Sandown and she seems to have done well for it. There won't be many Group Ones run this year with a better line-up than this, so at least we'll know where we stand in the ranks and it will be both exciting and informative.' The other filly in the field is Karl Burke's Irish 1,000 Guineas heroine Fallen Angel. The Spigot Lodge handler said: 'She's in good form but she's a typical four-year-old filly now, she's got her own ideas at home and doesn't overdo herself. 'Not that she ever did really, she's just probably working a little bit more lackadaisical now, but she's ready to run and she had a little away day as well. 'She's fit and she's well, I'm very happy with her. It's very much a first run of the season and the target really is to have her spot on for Royal Ascot.' Notable Speech winning the Sussex Stakes at Goodwood (Andrew Matthews/PA) Charlie Appleby's Notable Speech won the Guineas and the Sussex last year and will make his first appearance since finishing a close-up third in the Breeders' Cup Mile. The trainer told the Godolphin website: 'We have been delighted with Notable Speech heading into the Lockinge. We took him to Newmarket for a day out at the Craven meeting and he has ticked every box ahead of his seasonal return. 'We are taking on Rosallion again and it looks a very strong renewal, as we expected. It's an exciting race to be part of and we couldn't be any happier with our horse.' With Dylan Cunha's Prague a non-runner after spiking a temperature, John and Thady Gosden's Lead Artist, William Knight's Checkandchallenge and Hannon's second string Persica complete the field.
Rhyl Journal
16-05-2025
- Entertainment
- Rhyl Journal
Rosallion returns in star-studded Lockinge
Runner-up to the reopposing Notable Speech in last year's 2000 Guineas, the Blue Point colt comprehensively reversed that form in the St James's Palace Stakes at Royal Ascot, with a narrow Classic triumph in the Irish Guineas sandwiched in between. Having seen his season cut short as a respiratory infection forced him to miss Goodwood's Sussex Stakes, Rosallion must overcome an 11-month absence in Saturday's Group One feature and Hannon is keeping his fingers crossed he is fit enough to do himself justice. What a finish! @LeveySean skillfully snatches victory on ROSALLION in The St James's Palace Stakes. Hats off to @rhannonracing 🎩 #RoyalAscot #FlatRacing — Ascot Racecourse (@Ascot) June 18, 2024 'He's been off the track for a long time and that is a hard thing to get over,' said the trainer. 'He looks great and I'm looking forward to the race. He hasn't been able to get on the grass much, but I took him to Newbury twice and he worked great. 'It's probably the best Lockinge we've seen for a long time, but I'm just hopeful that he returns the same horse he was last year. 'If he is, then he should have a good year. I just hope Sheikh Mohammed Obaid (owner) hasn't used up all his luck this week having seen Inisherin come back and win at York earlier in the week!' Rosallion's chief rival looks to be Roger Teal's Dancing Gemini, who has been firing on all cylinders this season, with an impressive comeback victory in the Doncaster Mile followed by a similarly dominant display in Sandown's bet365 Mile. With Ryan Moore in the saddle for the first time and race fitness on his side, Teal is hoping his stable star can prove his worth at the highest level. 'We've been really happy with him, his work has been very good at home,' said the Lambourn handler. 'He's done nothing wrong at all, he backed up his Doncaster run at Sandown. He was impressive there and we're very happy with the shape he's in at home. 'The Sandown race was almost a Group One field in a Group Two, there were a couple having their first runs and they should improve, but I still thought he did it very well. 'Ryan is in the form of his life, he was brilliant on Wednesday and he's had a great couple of weeks, so please God that continues.' Just under two lengths behind Dancing Gemini in second at Sandown was David Menuisier's Tamfana, a talented filly who won the Sun Chariot last season and hit the frame in several other Group One races. 'She's grand and in really good form and I feel she's come on for her run at Sandown,' said Menuisier. 'She runs her race every time and it's great to have a horse like this and be able to run in these races at the top level. 'It was a really good return to action at Sandown and she seems to have done well for it. There won't be many Group Ones run this year with a better line-up than this, so at least we'll know where we stand in the ranks and it will be both exciting and informative.' The other filly in the field is Karl Burke's Irish 1,000 Guineas heroine Fallen Angel. The Spigot Lodge handler said: 'She's in good form but she's a typical four-year-old filly now, she's got her own ideas at home and doesn't overdo herself. 'Not that she ever did really, she's just probably working a little bit more lackadaisical now, but she's ready to run and she had a little away day as well. 'She's fit and she's well, I'm very happy with her. It's very much a first run of the season and the target really is to have her spot on for Royal Ascot.' Charlie Appleby's Notable Speech won the Guineas and the Sussex last year and will make his first appearance since finishing a close-up third in the Breeders' Cup Mile. The trainer told the Godolphin website: 'We have been delighted with Notable Speech heading into the Lockinge. We took him to Newmarket for a day out at the Craven meeting and he has ticked every box ahead of his seasonal return. 'We are taking on Rosallion again and it looks a very strong renewal, as we expected. It's an exciting race to be part of and we couldn't be any happier with our horse.' With Dylan Cunha's Prague a non-runner after spiking a temperature, John and Thady Gosden's Lead Artist, William Knight's Checkandchallenge and Hannon's second string Persica complete the field.
South Wales Guardian
16-05-2025
- Entertainment
- South Wales Guardian
Rosallion returns in star-studded Lockinge
Runner-up to the reopposing Notable Speech in last year's 2000 Guineas, the Blue Point colt comprehensively reversed that form in the St James's Palace Stakes at Royal Ascot, with a narrow Classic triumph in the Irish Guineas sandwiched in between. Having seen his season cut short as a respiratory infection forced him to miss Goodwood's Sussex Stakes, Rosallion must overcome an 11-month absence in Saturday's Group One feature and Hannon is keeping his fingers crossed he is fit enough to do himself justice. What a finish! @LeveySean skillfully snatches victory on ROSALLION in The St James's Palace Stakes. Hats off to @rhannonracing 🎩 #RoyalAscot #FlatRacing — Ascot Racecourse (@Ascot) June 18, 2024 'He's been off the track for a long time and that is a hard thing to get over,' said the trainer. 'He looks great and I'm looking forward to the race. He hasn't been able to get on the grass much, but I took him to Newbury twice and he worked great. 'It's probably the best Lockinge we've seen for a long time, but I'm just hopeful that he returns the same horse he was last year. 'If he is, then he should have a good year. I just hope Sheikh Mohammed Obaid (owner) hasn't used up all his luck this week having seen Inisherin come back and win at York earlier in the week!' Rosallion's chief rival looks to be Roger Teal's Dancing Gemini, who has been firing on all cylinders this season, with an impressive comeback victory in the Doncaster Mile followed by a similarly dominant display in Sandown's bet365 Mile. With Ryan Moore in the saddle for the first time and race fitness on his side, Teal is hoping his stable star can prove his worth at the highest level. 'We've been really happy with him, his work has been very good at home,' said the Lambourn handler. 'He's done nothing wrong at all, he backed up his Doncaster run at Sandown. He was impressive there and we're very happy with the shape he's in at home. 'The Sandown race was almost a Group One field in a Group Two, there were a couple having their first runs and they should improve, but I still thought he did it very well. 'Ryan is in the form of his life, he was brilliant on Wednesday and he's had a great couple of weeks, so please God that continues.' Just under two lengths behind Dancing Gemini in second at Sandown was David Menuisier's Tamfana, a talented filly who won the Sun Chariot last season and hit the frame in several other Group One races. 'She's grand and in really good form and I feel she's come on for her run at Sandown,' said Menuisier. 'She runs her race every time and it's great to have a horse like this and be able to run in these races at the top level. 'It was a really good return to action at Sandown and she seems to have done well for it. There won't be many Group Ones run this year with a better line-up than this, so at least we'll know where we stand in the ranks and it will be both exciting and informative.' The other filly in the field is Karl Burke's Irish 1,000 Guineas heroine Fallen Angel. The Spigot Lodge handler said: 'She's in good form but she's a typical four-year-old filly now, she's got her own ideas at home and doesn't overdo herself. 'Not that she ever did really, she's just probably working a little bit more lackadaisical now, but she's ready to run and she had a little away day as well. 'She's fit and she's well, I'm very happy with her. It's very much a first run of the season and the target really is to have her spot on for Royal Ascot.' Charlie Appleby's Notable Speech won the Guineas and the Sussex last year and will make his first appearance since finishing a close-up third in the Breeders' Cup Mile. The trainer told the Godolphin website: 'We have been delighted with Notable Speech heading into the Lockinge. We took him to Newmarket for a day out at the Craven meeting and he has ticked every box ahead of his seasonal return. 'We are taking on Rosallion again and it looks a very strong renewal, as we expected. It's an exciting race to be part of and we couldn't be any happier with our horse.' With Dylan Cunha's Prague a non-runner after spiking a temperature, John and Thady Gosden's Lead Artist, William Knight's Checkandchallenge and Hannon's second string Persica complete the field.
