- The transaction is a first addition to the platform since the Blue Point partnership was announced in early October and is Pinnacle's 16th acquisition overall
- Blue Point invests in the lower middle market segment
Pinnacle MEP, a portfolio company of Blue Point Capital Partners, has acquired Bell Plumbing Services, a Greenwood, Indiana-based provider of commercial plumbing solutions. No financial details were disclosed.
Pinnacle specializes in mechanical and plumbing services for commercial customers.
The transaction is a first addition to the platform since the Blue Point partnership was announced in early October and is Pinnacle's 16th acquisition overall.
“Pinnacle and Bell Plumbing are well-aligned in their business approaches and cultures,” Evan Cottington, chief executive of Blue Point, said in a statement. “This is an exciting addition to the platform and we look forward to supporting its growth efforts.”
Blue Point invests in the lower middle market segment. Blue Point manages over $1.8 billion in committed capital.
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