Ridgemont Equity Partners

Agape Care Group Named One of USA Today’s 2024 Top Workplaces

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水曜日, 3月 20, 2024

Health, Consumer, Hospitals, Seniors, Managed Care, General Health, Organization, Workplace, Ridgemont Equity Partners, Patient, Love, Hospice, Palliative care, Human

Agape Care Group ( Agape Care ), a portfolio company of Ridgemont Equity Partners and a premiere provider of hospice and palliative care, was announced today as one of USA Today’s 2024 Top Workplaces.

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Agape Care Group ( Agape Care ), a portfolio company of Ridgemont Equity Partners and a premiere provider of hospice and palliative care, was announced today as one of USA Today’s 2024 Top Workplaces.
“We are proud to be a part of this prestigious list along with so many other leaders in their respective industries,” said Troy Yarborough, chief executive officer of Agape Care Group.
As a regional leader in hospice and palliative care, Agape Care Group proudly serves over patients through its family of brands — Agape Care South Carolina, Georgia Hospice Care, Hospice of the Carolina Foothills in North Carolina, Journey Hospice in Louisiana, and ACG Hospice in Alabama, Oklahoma, Louisiana, and Virginia.
Agape Care Group offers hospice and palliative services across multiple settings and is renowned for its superior patient-family experience and expertly trained professionals.

Certus Expands Business-to-Business Portfolio with Paulson Training Acquisition

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月曜日, 3月 25, 2024

Certification, Growth, EVP, Ridgemont Equity Partners, Education, Research, Acquisition, Plastic, Curriculum

ORLANDO, Fla., March 25, 2024 /PRNewswire-PRWeb/ -- The acquisition will deepen and expand Certus' portfolio of industrial skills and simulations offerings while also enhancing both companies' abilities to serve customers in manufacturing, automotive and medical industries.

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Today, Certus announced the acquisition of Paulson Training ("Paulson"), a market leader in providing digital and instructor-led technical training and certification solutions for plastics manufacturing and scientific injection molding.
Paulson Training has provided top-tier training solutions for nearly 50 years.
"We are delighted and thrilled to join Certus in helping to expand their mission of bridging the skills gap," said Karen Paulson, President of Paulson Training.
Certus and Ridgemont are actively seeking acquisition candidates that are established leaders in the online training, education, certification and compliance sectors.

CRETE UNITED PARTNERS WITH PROSTAR ENERGY SOLUTIONS TO ELEVATE ENERGY EFFICIENCY AS A CORE OFFERING

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月曜日, 3月 18, 2024

Health, Built environment, Organization, Environment, Partnership, Ridgemont Equity Partners, Energy efficiency, RTU, MEP, Primary energy, HVAC, MasterCraft, Catalysis

CHARLOTTE, N.C. and DALLAS, March 18, 2024 /PRNewswire/ -- Crete United, a leading provider of energy efficiency and HVAC, electrical, and other mechanical ("MEP") services, today announced its partnership with ProStar Energy Solutions (ProStar). The partnership creates a powerful and effective new connected delivery model integrating Crete United's core HVAC, electrical and other mechanical services with ProStar's data-backed energy management-as-a-service for the built environment.Driven by a focused M&A strategy and a strong organic growth engine, Crete United generated approximately 40% revenue growth in 2023. In early 2024, the company rebranded from Crete Mechanical Group to Crete United, signaling the commitment of its more than 40 partner companies nationwide to improve the health of the built environment together. The ProStar partnership, with a range of offerings including HVAC optimization, patented IoT- and AI-powered controls and monitoring, energy procurement, and more, is Crete United's latest like-minded collaboration, an important step towards its near-term revenue target of $1 billion."We couldn't be more excited to begin this partnership with ProStar, which shares our mission to make the places we live, work and play healthier," said Crete United CEO Mike Cox. "ProStar's energy efficiency services accelerate the Crete United platform by creating a unique set of offerings for our customers."ProStar serves as a strategic advisor to organizations of all sizes and sectors across the nation, offering data-backed energy efficiency solutions that, on average, lead to a 30% base load reduction. The Company currently serves many of the largest US data centers, a very energy-intensive building type. Its multi-patented building automation solutions, including eIQ, a web-based tool used to remotely monitor comfort and performance, and multi-patented Catalyst, a complete rooftop unit (RTU) retrofit solution for HVAC systems, help building owners and facilities managers make informed decisions about their energy use, save money and make strides toward their sustainability goals."The opportunity for businesses across the country to enhance their building operations through energy efficiency has never been greater," said Eric Sudol, President of Energy Efficiency at Crete United and CEO of ProStar Energy Solutions. "Partnering with Crete United, a fast-growing company with established relationships and deep MEP expertise, is an amazing opportunity that will enable us to bring efficient energy management solutions to the built environment."Crete United will establish a regional office at ProStar's office location in Frisco, Texas. Eric Sudol, Prostar Energy Solutions CEO, will become Crete United's President of Energy Efficiency. Charlotte-based Ridgemont Equity Partners, which provided growth capital to the company in 2022 alongside the founders and management, will continue to support Crete United's strategic growth initiatives.To learn more about becoming a partner company of Crete United, please visit creteunited.com.About Crete UnitedCrete United is a nationwide multi-service building solutions provider with a vast network of local partners who are united in improving the communities they serve and the built environments within. Through its partners, the company provides a host of energy efficiency-focused building services across non-residential HVAC, electrical, plumbing, building automation, controls, and other sustainable energy solutions. Crete United provides the resources and reach of a large organization while allowing its partners to maintain the freedom to continue operating their successful businesses. creteunited.comAbout ProStar Energy SolutionsProStar Energy Solutions, a Crete United company, is dedicated to helping businesses save money by providing the best turnkey energy-efficient and renewable energy solutions available. ProStar's portfolio of solutions includes LED lighting, patented IoT- and AI-powered controls and monitoring, solar, HVAC, mechanical systems, utility bill auditing and energy procurement services. ProStar is headquartered at The Star in Frisco, Texas, and was founded by Jerry Jones, owner of the Dallas Cowboys. www.prostarenergy.comAbout Ridgemont Equity PartnersRidgemont Equity Partners is a Charlotte-based middle market private equity firm that has provided buyout and growth capital to industry-leading companies in the business and tech-enabled services, industrial growth, and healthcare sectors for three decades. The principals of Ridgemont have refined a proven, industry-focused model designed to build distinctive middle market companies. ridgemontep.comThis press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

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Crete United, a leading provider of energy efficiency and HVAC, electrical, and other mechanical ("MEP") services, today announced its partnership with ProStar Energy Solutions.
CHARLOTTE, N.C. and DALLAS, March 18, 2024 /PRNewswire/ -- Crete United, a leading provider of energy efficiency and HVAC, electrical, and other mechanical ("MEP") services, today announced its partnership with ProStar Energy Solutions (ProStar).
"The opportunity for businesses across the country to enhance their building operations through energy efficiency has never been greater," said Eric Sudol, President of Energy Efficiency at Crete United and CEO of ProStar Energy Solutions.
Eric Sudol, Prostar Energy Solutions CEO, will become Crete United's President of Energy Efficiency.

eShipping Announces Closing of Two Strategic Acquisitions

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火曜日, 2月 27, 2024

Software, Professional Services, Electronic Commerce, Technology, Delivery Services, Other Transport, Retail, Trucking, Maritime, Air, Transport, Finance, Logistics, Supply Chain Management, Culture, Superior, Ridgemont Equity Partners, Cargo

eShipping, a tech-enabled, asset-light provider of managed transportation and logistics services, today announced the closing of two strategic acquisitions as the company continues its growth trajectory – Superior Transport & Logistics and Synapsum.

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eShipping, a tech-enabled, asset-light provider of managed transportation and logistics services, today announced the closing of two strategic acquisitions as the company continues its growth trajectory – Superior Transport & Logistics and Synapsum.
Superior Transport & Logistics is a leader in custom transportation solutions, including less-than-truckload and truckload brokerage, parcel services and transportation management systems.
These recent acquisitions further strengthen eShipping’s competitive position and ability to provide more custom data, insights, and visibility for its shippers.
“We are pleased to welcome Superior Transport & Logistics and Synapsum to eShipping,” said Chad Earwood, Founder and CEO of eShipping.

CRETE UNITED ANNOUNCES NEW BRAND IDENTITY

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月曜日, 1月 29, 2024

CMG, Built environment, Partner, Automation, Greenhouse gas, Acquisition, HVAC, Greenhouse, Freedom, Internet of things, Ridgemont Equity Partners

TAMPA, Fla., Jan. 29, 2024 /PRNewswire/ -- Crete United, a leading provider of energy eﬃciency and mechanical services, today announced its rebranding from Crete Mechanical Group. Across a growing national network of local service professionals, the company provides HVAC, electrical, plumbing, building automation and IoT controls, and other sustainable energy solutions to a wide variety of commercial clients. The new brand represents Crete United's integrated approach to driving energy eﬃciency through a suite of services that help customers modernize their mechanical systems, save resources, make better decisions about their energy management programs and improve the built environment.

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TAMPA, Fla., Jan. 29, 2024 /PRNewswire/ -- Crete United, a leading provider of energy eﬃciency and mechanical services, today announced its rebranding from Crete Mechanical Group.
Crete United is comprised of over more than 4,000 employees that together serve all 50 states.
Crete United is dedicated to staying at the forefront of energy eﬃcient solutions as a fundamental and diﬀerentiated part of its service oﬀering.
"Our new brand aﬃrms our commitment to providing a comprehensive portfolio of energy eﬃcient services and solutions, delivered by trusted, local mechanical, electrical and plumbing providers across the country," said Crete United CEO Mike Cox.

Forward Air Amends Agreement to Acquire Omni Logistics

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月曜日, 1月 22, 2024

Trucking, Maritime, Logistics, Supply Chain Management, Air, Transport, Acquisition, Forward, Schmitt, Ridgemont Equity Partners

Forward Air Corporation (NASDAQ: FWRD) (“Forward”) today announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners (“Ridgemont”) and EVE Partners, LLC (“EVE”), to amend the terms of the existing merger agreement relating to their previously announced acquisition.

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Forward Air Corporation (NASDAQ: FWRD) (“Forward”) today announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners (“Ridgemont”) and EVE Partners, LLC (“EVE”), to amend the terms of the existing merger agreement relating to their previously announced acquisition.
This agreement ends the litigation between the parties, which will now be dismissed.
“We have always believed in the power of this acquisition and are pleased to have found a way forward,” said Tom Schmitt, Chairman, President and Chief Executive Officer of Forward.
“In recent days, we have engaged constructively with Omni to set a path forward that ends our legal dispute.”
Schmitt continued, “The revised agreement enables Forward to accelerate its long-term Grow Forward strategy and positions the combined company as the premier provider of choice in high-quality freight transportation.

Garnett Station Partners Announces Three Investment Team Promotions

Retrieved on:

木曜日, 1月 4, 2024

Asset Management, Professional Services, Finance, Investment, Entrepreneurship, Culture, Garnett station, Ridgemont Equity Partners, Partner (business rank)

Garnett Station Partners (“Garnett Station”), a New York-based principal investment firm that manages over $2.2 billion of assets, today announced three promotions on their investment team: Rafi Haramati to Principal, Will Edmonds to Vice President and Brett Bakies to Senior Associate.

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Garnett Station Partners (“Garnett Station”), a New York-based principal investment firm that manages over $2.2 billion of assets, today announced three promotions on their investment team: Rafi Haramati to Principal, Will Edmonds to Vice President and Brett Bakies to Senior Associate.
These promotions reflect the firm’s continued efforts to cultivate and retain best-in-class investment professionals dedicated to driving value for Garnett Station’s growing portfolio of brands.
Brett Bakies joined Garnett Station in 2022 and has been involved in several of Garnett Station’s recent deals across its food & beverage and automotive portfolios.
As Senior Associate, Bakies will expand his responsibilities on the investment team, including supporting Garnett Station’s rigorous diligence process and deal execution.

Agape Care Group Appoints Kari Bradford, DNP, To Serve As the Organization’s Palliative Medical Director

Retrieved on:

水曜日, 12月 6, 2023

Health, Consumer, Practice Management, Seniors, Managed Care, General Health, Palliative care, DNP, Workforce, Love, Investment, American Academy, Patient, Hospice, Ridgemont Equity Partners, Education, Residential care, Health care

Agape Care Group ( Agape Care ), a portfolio company of Ridgemont Equity Partners and a premiere provider of hospice and palliative care, announced today that it is appointing Kari Bradford, DNP, to serve as the company’s palliative medical director.

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Agape Care Group ( Agape Care ), a portfolio company of Ridgemont Equity Partners and a premiere provider of hospice and palliative care, announced today that it is appointing Kari Bradford, DNP, to serve as the company’s palliative medical director.
As the palliative medical director, Bradford will lead the organization’s integrated palliative care program model to expand their expert hospice and palliative care provider workforce and to continue serving patients.
“We’re excited to welcome Kari Bradford to the Agape Care team,” said Troy Yarborough, chief executive officer of Agape Care Group.
As a regional leader in hospice and palliative care, Agape Care Group proudly serves over 3,500 patients through its family of brands — Agape Care South Carolina, Georgia Hospice Care, Hospice of the Carolina Foothills in North Carolina, Journey Hospice in Alabama and Louisiana, and ACG Hospice in Oklahoma, Louisiana, and Virginia.

Allredi Promotes Ryan Hunter to SVP, Sales and Marketing

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火曜日, 11月 14, 2023

Marketing, Senior, Ridgemont Equity Partners, Miloderes allredi

HOUSTON, Nov. 14, 2023 /PRNewswire/ -- Allredi (or "the Company"), a North American distributor of surface preparation, abrasives, and safety products to industrial contractors, announced today that Ryan Hunter has been promoted to Senior Vice President, Sales and Marketing, for North America. Allredi is backed by Capstreet, a Houston-based lower middle market private equity firm, and Ridgemont Equity Partners, a middle market private equity firm based in Charlotte, NC.

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HOUSTON, Nov. 14, 2023 /PRNewswire/ -- Allredi (or "the Company"), a North American distributor of surface preparation, abrasives, and safety products to industrial contractors, announced today that Ryan Hunter has been promoted to Senior Vice President, Sales and Marketing, for North America.
"Ryan's track record of driving business results derives from his strength in sales strategy and his continuous pursuit of a customer-focused business culture," said Allredi CEO Robert M. Case.
Mr. Hunter joined Allredi as General Manager and Vice President of the Canadian division in April 2021.
In his new role, he will be responsible for all North American sales and marketing as well as revenue growth and executing the company's go-to-market strategy.

Ridgemont Equity Partners Leads Recapitalization to Support National Power’s Growth

Retrieved on:

水曜日, 10月 25, 2023

Ridgemont Equity Partners , a middle market private equity firm, today announced the recapitalization of National Power, LLC (“National Power” or the “Company”), a leading provider of power reliability and resilience solutions for mission-critical operations.

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Ridgemont Equity Partners , a middle market private equity firm, today announced the recapitalization of National Power, LLC (“National Power” or the “Company”), a leading provider of power reliability and resilience solutions for mission-critical operations.
National Power serves over 1,500 customers across a variety of industries, including broadband, data centers, municipal and government, telecommunications, and other commercial, industrial, and infrastructure end markets.
“Similar to several other Ridgemont portfolio companies, National Power manages a broadly-dispersed, but locally-focused, technical workforce that provides non-discretionary facility services to blue-chip customers that are increasingly focused on ensuring operational uptime and asset resiliency.
There is a tremendous opportunity for National Power to pursue both organic and M&A growth initiatives to increase scale, enhance capabilities, and expand our service offering.