Novo Building Products

Former Portfolio Companies

Healthcare Laundry Systems

Healthcare

Using a combination of stakeholder engagement and alignment, restructuring experience, and a fresh look at strategy, Blue Wolf combines healthcare expertise with industry leading experience in unionized and highly regulated environments to create investment opportunities throughout the sector.

The healthcare industry is currently undergoing historic changes. With advances in medical treatments and technology, the demand for hospital-based services often wanes while the demand for outpatient services and facilities rises. Such changes, along with regulatory uncertainty and evolving payment methods, require hospitals to invest heavily in infrastructure and technology that enables greater efficiency and higher quality care in a more modern setting. In addition, hospitals must now engage and align interests with patients, doctors, employees, insurers and the community at large to ensure quality care and effective use of resources.

Amid this rapidly changing landscape, many hospitals struggle to support investment in infrastructure and technology. This is largely due to high dependency on declining government reimbursement (Medicare and Medicaid) and the rising costs of pharmaceuticals, supplies and labor.

These conditions represent opportunities to enhance healthcare services. Our multi-disciplinary leadership team includes veteran hospital CEOs and healthcare operations experts as well as members with deep experience in the largest private sector retiree health plan in the U.S. Building on our past successes in restructuring healthcare organizations, we seek new partnerships with healthcare institutions where operational improvements are necessary and where effective management of aligned partnerships and labor relations could significantly improve profitability. By repositioning assets and forging greater cooperation with stakeholders, we believe these organizations can thrive in a changing environment—resulting in better services for patients and communities alike.

All Healthcare Companies

Healthcare Laundry Systems

Healthcare team

Richard Becker, MD
CEO, Brooklyn Hospital JV
Former CEO, The Brooklyn Hospital Center

Tina Blasi
Strategic Advisor, Blue Wolf Capital

Adam Blumenthal
Managing Partner, Blue Wolf Capital
Trustee & Investment Committee Chair, UAW Retiree Medical Benefits Trusts

Dave Borden
CEO, Pharmaceutical Strategies Group

Tom Byers
CEO, ModernMD™ Urgent Care

Katherine Carrington
Senior Associate, Blue Wolf Capital

Jeremy Kogler
Principal, Blue Wolf Capital

Michael Musuraca
Strategic Advisor, Blue Wolf Capital

Vijay Nandwani
Senior Associate, Blue Wolf Capital

Adam Nielsen
CEO, Great Lakes Caring

Richard Winegar
Lead Operating Partner, Blue Wolf Capital

Richard Wright
Strategic Advisor to Blue Wolf Capital
President, Wright Transaction Advisors, LLC

 

Forest & Building Products

Blue Wolf’s successful investments and relationships with operators, unions, and experts across the forest and building products supply chain gives us unique insights into value creation in the industry.

Since 2007, when we acquired Finch Paper Company, Blue Wolf has developed significant experience investing in pulp, paper, lumber and other forest products.  Following the investment in Finch, we acquired Northern Resources Nova Scotia (pulp and timber), Suwannee Lumber Company (lumber, mulch and soils) and Twin Rivers Paper Company (pulp, paper and lumber). Following the housing crash in 2009, we followed this value stream into building products with investments in American Builders Supply (building products distribution) and Snappy Air Distribution Products (HVAC systems).

The rebound in U.S. home building is rapidly changing the forest and building products landscape and is serving as a catalyst for transactions. Our existing platforms are all seeking to grow by acquisition, and we actively evaluate new platforms throughout the value chain.

Related Case Study

Twin Rivers Paper Company

Read case study Company website

All Forest & Building Products Companies

Novo Building Products

Forest & Building Products team

Chad Barton
Chairman, American Builders Supply

Brett Bray
General Manager, Caddo River Forest Products

Frank “Bump” Faircloth
Chairman, Suwannee Lumber Company

Rob Groberg
Vice President, Blue Wolf Capital

Jim Langdale
Founder, Pannon Enterprises, LLC

Tim Lowe
Chairman, Twin Rivers Paper Company

Michael Mayrand
Associate, Blue Wolf Capital

Bob McKagen
CEO, Suwannee Lumber Company

Charlie Miller
Partner & Chief Compliance Officer, Blue Wolf Capital

Debabrata Mukherjee
President & CEO, Finch Paper Company

William Myrick
CEO, American Builders Supply

Benfield Phillips
Strategic Advisor, Blue Wolf Capital

Michael Ranson
Partner, Blue Wolf Capital

James Shovlin
Associate, Blue Wolf Capital

Robert Snyder
CEO, Twin Rivers Paper Company

Chris Thomas
External Operating Partner, Blue Wolf Capital

 

Aerospace & Defense

Blue Wolf’s expansive network of influential defense suppliers and advisors are one of many reasons we are well positioned to identify, win, and manage opportunities in the radically changing defense sector.

As a result of significant changes in the defense budget and shifting priorities in U.S. defense, previously sound companies that provide critical products to America’s and its allies’ armed forces are compelled to restructure and operate at significantly lower revenue levels.

Due to our investment in Channel Technologies Group, a defense supplier with strong ties to the U.S. Navy and its prime contractor base (Channel’s customers include Boeing, Lockheed Martin, Raytheon, BAE Systems and SAIC), our investment in North American Rescue, LLC, a leading supplier of mission-critical tactical medical products to the military and law enforcement, and our relationship with Renaissance Strategic Advisors, one of the most influential defense consultancies, we are well positioned to identify, win and manage opportunities in this sector.  We are working with these partners, as well as a network of retired military officers we have come to know through Channel, to identify attractive opportunities from these often chaotic situations.

We expect this dislocation to continue for the next few years and to create an opportunity to build a leading supplier to the military as those who invested at different points in the cycle either exit the market or are forced to sell.

Related Case Study

North American Rescue

Read case study Company website

All Aerospace & Defense Companies

Aerospace & Defense team

Katherine Carrington
Senior Associate, Blue Wolf Capital

Victor Caruso
Managing Director, Blue Wolf Capital

Bob Castellani
Chief Executive Officer, North American Rescue, LLC

Chris Holmes
External Operating Partner, Blue Wolf Capital

Michael Mayrand
Associate, Blue Wolf Capital

David Oldham
External Operating Partner, Blue Wolf Capital

Aakash Patel
Principal, Blue Wolf Capital

 

Energy Services

Blue Wolf’s deep investment experience with special situations, including companies in need of capital for restructuring in and outside of Chapter 11, and partnering with management teams who want to emerge stronger from troubled situations, is particularly relevant in today’s highly-volatile, deeply-troubled energy markets.

As a result of the decline in both oil and natural gas prices since 2014, the domestic energy industry is experiencing duress not seen since the early 1980s. Many companies that are vital to the U.S. energy supply are being forced to restructure, downsize and operate at revenue and margin levels dramatically lower than anything they have experienced in recent history. Companies with strong franchises, unique capabilities, and excellent relationships can, with adequate capital and a good strategic plan, weather this storm and emerge with greater capabilities and market share.   Many owners – including both founding owners and private equity groups – need a partner with the resources and experience to navigate these troubled waters.

In 2016, Blue Wolf formalized our longstanding relationship with K2 Energy Capital, combining our special situations expertise with K2’s extensive energy investment experience to create a team that can provide companies in the energy sector with desperately needed investment capital and strategic guidance.

All Energy Services Companies

Energy Services team

Katherine Carrington
Senior Associate, Blue Wolf Capital

Wade Holt
COO, Extreme Plastics Plus

Kevin Kuykendall
Strategic Advisor, Energy

Charlie Miller
Partner, Blue Wolf Capital

Aakash Patel
Principal, Blue Wolf Capital

Michael Ranson
Partner, Blue Wolf Capital

 

Niche Manufacturing & Distribution

Blue Wolf frequently invests in niche manufacturing and distribution businesses in a variety of sectors. We seek opportunities where our core competences: organizational transformation, operating discipline, and management of government, labor, or other complex constituencies make us a natural partner for a strong management team in a business with a defensible niche.

Our niche investments include manufacturers and distributors of capital equipment, specialty ceramics, paper, lumber, and a variety of specialty building products, with strong franchises. While some businesses come with significant issues needing resolution – financial distress, a complex corporate carve out, a transition from family ownership, or a need to make costs competitive through deep operational change – others are simply seeking a capital partner committed to growth with the deep operational and strategic experience to partner with management to execute a business plan and attain sustainable value.

All Niche Manufacturing & Distribution Companies

Healthcare Laundry Systems

Niche Manufacturing & Distribution team

Michael Chase
President, Tekcess International

Chris Holmes
External Operating Partner, Blue Wolf Capital

Jason Kamm
External Operating Partner, Blue Wolf Capital

Vijay Nandwani
Senior Associate, Blue Wolf Capital

Michael Ranson
Partner, Blue Wolf Capital

Rick Tattersfield
External Operating Partner, Blue Wolf Capital

Robert Tewksbury
Board Member, Pearl Technologies, Inc.

Chris Thomas
External Operating Partner, Blue Wolf Capital

Richard Winegar
Lead Operating Partner, Blue Wolf Capital