Take Your Reconstruction Company To The Next Level
Our Mission:
To invest in, and build, a leading reconstruction & restoration services company that serves customers across the southeastern United States.
Who We Are:
We’re a team of entrepreneurs led by a seasoned engineering & construction executive looking to invest in an owner-operated reconstruction services business.
We’re looking for a company that has reached an inflection point. One that’s grown profitably and is ready to make the leap to become an industry leader.
We’re not looking to tell you how to run your business. We know how hard it is to grow a services company and want to help you scale through a strategic add-on acquisition strategy.
Blue Ridge Recon has the expertise and relationships to make it happen.
Investment Criteria:
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Services
We are focused on companies that operate in the heavier end of reconstruction services, including building envelope repair & retrofitting, structural concrete repair, waterproofing, and specialty wall coatings. If there is an engineered element to the work, we’re interested.
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Location
Companies based in the United States in the southeast or along the Gulf Coast. Typically focused on businesses with a coastal presence.
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Financial Profile
Annual EBITDA of between $1m and $5m.
Our Goal:
To partner with a great company and build a regional leader in the reconstruction services industry.
Our Team
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Ken Smith - Chairman
Ken is the retired CEO of HEPACO, a Charlotte-based and private equity-owned environmental services and emergency response company with offices and service centers across the eastern US. Prior to HEPACO, he served as a senior executive with Fluor Corporation, one of the world’s largest engineering and construction companies with projects and offices across the globe.
He has deep experience and expertise in growing services-based companies through organic growth and strategic add-on acquisitions. He understands how to use private equity capital to take companies through their next phase of growth.
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Andrew Sullivan - VP of M&A
Andrew is Managing Partner of Normandy Advisors, an acquisition search firm which he has owned since 2015 and operated since 2011. He has over a decade’s worth of experience in partnering with companies and private equity investors to find middle market businesses for investment or acquisition.
He is an M&A expert and has led-and-closed over 30 private equity-backed buyside transactions over the last 10 years.
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Justin Frank - Chief of Staff
Justin is President of Rate of Return, an executive recruiting firm which he launched in 2018. He has nearly a decade of experience recruiting executives to serve as CEO or Board Chair for private equity-backed companies.
Earlier in his career, he worked at RFE Investment Partners, a lower middle market private equity firm where he executed multiple investments in companies with less than $10m of EBITDA.