FM SYLVAN HAS BEEN ACQUIRED BY BLUE POINT CAPITAL PARTNERS
Birmingham, Michigan – March 22, 2018 – Angle Advisors is pleased to announce that Blue Point Capital Partners (“Blue Point”) has acquired FM Sylvan, Inc. (“FM Sylvan” or the “Company”). Angle Advisors acted as the exclusive investment banking advisor to FM Sylvan in completing this transaction.
Based in Pontiac, MI with additional locations in New Jersey, Tennessee, and Windsor, Ontario, FM Sylvan is a leading provider of industrial contracting services including pipe fabrication and installation, millwright and rigging, boiler installation and repair, and maintenance and repair services for a diversified portfolio of customers. The Company’s broad range of end markets include automotive, energy, government, education, consumer products, water treatment, material handling, food, and pharmaceutical, among others. FM Sylvan is well-known across the industry for best-in-class project execution, outstanding engineering capabilities, and industry leading safety procedures. For more information, please visit www.fmsylvan.com.
“FM Sylvan represented an attractive opportunity to partner with a motivated management team looking to diversify and significantly grow the Company,” said Sean Ward, a Partner with Blue Point. “As their first institutional partner, we believe that we can assist management with strategic planning, metrics development, data analytics, and an add-on acquisition strategy.”
Robert Metz, Chief Executive Officer of FM Sylvan, commented “I’m proud of the business we’ve built at FM Sylvan, and I’m confident Blue Point is the right partner to help us continue our growth. We look forward to working together to expand our service offering, technical capabilities, and operational footprint as we continue to provide our customers with first-class services.” He continued, “We would like to thank the team at Angle Advisors. They did an outstanding job of guiding me, as a business owner and first-time seller, through a complex process and finding us the very best possible partner. Their industry knowledge and relationships, along with their transaction expertise proved critical to making this a highly successful transaction.”
Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors, while providing the resources of a larger, global organization. The Blue Point partner group has a 19-year track record of partnering with companies in the lower middle-market to facilitate growth and transformative change. It is one of only a few middle market private equity firms with a presence in both the United States and China, which provides a distinct advantage for its portfolio companies. Blue Point typically invests in businesses that generate between $20 million and $200 million in revenue. For more information, please visit www.bluepointcapital.com.
Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising with a particular emphasis on the industrial and vehicular sectors. The firm's professionals have completed 186 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.
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