Blue Sage Capital Invests In Geo-Solutions
Blue Sage Capital is pleased to announce its recently completed investment in Geo-Solutions, Inc. Founded more than 40 years ago, Geo-Solutions provides highly complex geotechnical and environmental remediation services, primarily for the infrastructure, utilities, chemical, mining, and other industrial end-markets. The company is headquartered in New Kensington, PA, and has established itself as a market leader in soil mixing, slurry wall construction, and jet grouting. Over its lengthy history, Geo-Solutions has been an innovator of industry techniques and technologies, with an unprecedented resume of "first-of-its-kind" projects.
Geo-Solutions' President and CEO, Darin Payne, commented, "We are excited to enter the next chapter of the Geo-Solutions story alongside Blue Sage, a proven value-added investor in the environmental industry. For decades, we have been a trusted resource for offering our specialized suite of services across a variety of geotechnical and environmental remediation applications. We are looking forward to leveraging the Blue Sage relationship to expand our geographic footprint, extend our service lines, pursue strategic acquisitions, and reinvest in our business."
Peter Huff, Founding and Managing Partner of Blue Sage, stated, "Geo-Solutions has differentiated itself through its deep industry knowledge and ability to safely complete some of the industry's most complex engagements. We could not be more excited to partner with Darin and the rest of the Geo-Solutions team, and we are eager to execute on our joint strategy for growth."
Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), Kroll (Accounting & IT), Cherry Bekaert (Tax), and NFP (Insurance).
Geo-Solutions was represented in the transaction by FMI Capital Advisors, Inc.
About Blue Sage
Blue Sage Capital is an Austin, Texas-based private equity firm that has been investing in profitable and growing lower middle-market companies since 2002. Blue Sage seeks to partner with founders, families, and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions, or specialty services industries. Blue Sage typically invests $25 million to $50 million in control buyout investments and recapitalizations of companies with $25 million to $125 million of revenue.
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