June 08, 2023 – MONETTE, Ark. – Blue Wolf Capital Partners, LLC (“Blue Wolf”) announced today its commitment to support the community of Monette, Arkansas, with a donation of $27,000 to the City of Monette Community Relief Fund. On Friday, December 10, 2021, Monette was struck by a devastating EF4 tornado. The community created the fund to help with immediate support and improved community safety.
The donation from Blue Wolf will be used to support the installation and maintenance of storm shelters in the area, helping to keep the community safe in the event of future natural disasters. This funding comes at a critical time, as Monette and the surrounding areas continue to recover from the storm’s impact.
“Blue Wolf is honored to support the people of Monette in their ongoing efforts to rebuild and recover from the tornado,” said Jeremy Kogler, managing partner at Blue Wolf. “We believe in giving back to the communities where we live and work, and we are proud to support the City of Monette Community Relief Fund in their efforts to provide vital resources to those in need.”
The City of Monette Community Relief Fund has been instrumental in providing support and resources to local residents and businesses affected by the storm, and Blue Wolf’s donation will help to ensure that the community has the resources it needs to protect its citizens if another storm comes.
“I would like to extend our most sincere and heartfelt gratitude to Blue Wolf Capital Partners for their generous donation of $27,000 to assist with the costs of installing new storm shelters within our city limits. Our hometown and our citizens were changed forever on December 10, 2021,” said the city of Monette Mayor Bob Blankenship. “Homes and businesses were destroyed, and lives were lost. Recovery has been a long and difficult road for us all. We have been immensely blessed with many helpers along the way. This monetary donation from Blue Wolf Capital Partners will ensure that all of our residents will have a nearby safe place to go in the event of another destructive storm. We thank you for your generosity and continued commitment to our hometown.”
Blue Wolf acquired Colson Group in February 2021, including its manufacturing facility in Jonesboro, Arkansas. In 2022, Colson built a new, 135,000 square foot facility on a 25-acre site located in Northeast Arkansas’s newest industrial park. Colson has 170 employees at its Jonesboro and Monette locations. Blue Wolf’s investments in Arkansas also include Caddo River Forests Products, Twin Rivers Paper Company, Conifex, and Carthage Forest Products.
About Blue Wolf Capital Partners
Blue Wolf is a private equity firm that focuses on value investments in middle market companies in the healthcare and industrial sectors. The firm’s integrated team of investment professionals and veteran operating executives work collaboratively to generate returns by driving transformational change using operational and strategic experience. Blue Wolf seeks to invest in businesses that have catalysts for value creation that involve organizational transformation, complex union or human capital issues, significant government or regulatory presence, financial or operational distress or the opportunity to use ESG-informed strategies.
For more information on Blue Wolf, visit their website at www.bluewolfcapital.com.
Contacts
Kate Spaziani
kate@bluewolfcapital.com