Blue Rock Partners

BrightView Appoints Dale A. Asplund as Chief Executive Officer and Announces $500 Million Strategic Investment from One Rock Capital Partners

Retrieved on: 
Monday, August 28, 2023
Construction & Property, Landscape, HSR, Interim, BV, Information technology, Partner, Mizuho Securities, Operating partner, Project Liberty, Multimedia, Latham & Watkins, KKR, LTM, Simpson Thacher & Bartlett, Blue Rock Partners, Growth, NYSE, Management, Security (finance), United Rentals

In conjunction with his appointment as CEO, Asplund will also join the BrightView board as a director as of that date.

Key Points: 
  • In conjunction with his appointment as CEO, Asplund will also join the BrightView board as a director as of that date.
  • In addition, BrightView today announced that an affiliate of One Rock Capital Partners, LLC (“One Rock”), a value-oriented, operationally focused private equity firm, has made a $500 million strategic investment in the Company in the form of convertible preferred stock.
  • Abrahamson, who has served as a BrightView independent director since 2015, will remain as a member of the Board.
  • Earlier in his career, Asplund worked for United Waste Systems, Inc.
    “We are excited to welcome Dale to the BrightView team.

MedShift Completes $108 Million Capital Raise to Continue Innovation and Fuel Growth

Retrieved on: 
Thursday, April 20, 2023
Plastic surgery, Internet of things, Blue Rock Partners, Dermatology, Enterprise software, Day, Entrepreneurship, Risk management, Gynaecology

CHARLOTTE, N.C., April 20, 2023 /PRNewswire-PRWeb/ -- MedShift, a leading medical technology company, announced today it has completed a $108 million capital raise from Turning Rock Partners, Micota Capital, and OY6 Capital. The compilation facility solidifies MedShift's industry value and propels advancements across the company's three primary technologies: Specialty Device Subscription, Connected Medical Device (IoT), and the Velocity Technology Suite (Enterprise Software as a Service).

Key Points: 
  • CHARLOTTE, N.C., April 20, 2023 /PRNewswire-PRWeb/ -- MedShift, a leading medical technology company, announced today it has completed a $108 million capital raise from Turning Rock Partners, Micota Capital, and OY6 Capital.
  • "The continued validation of MedShift's holistic market offerings is very exciting to witness," stated Brian Phillips, Executive Chairman and Co-Founder of MedShift.
  • "Continued profitable growth was a catalyst to securing this raise, and the entire team executed flawlessly through wildly shifting market conditions to successfully complete the transaction.
  • "We are excited about the future of MedShift and the impact we can make on the healthcare industry," said Joe Gasque, Chief Executive Officer of MedShift.

ONE ROCK CAPITAL PARTNERS EXPANDS PRESENCE IN EUROPE WITH OPENING OF LONDON OFFICE

Retrieved on: 
Wednesday, February 1, 2023
Investment, LBO valuation model, Lone Star Funds, Blue Rock Partners, Partner, Financial services

NEW YORK and LONDON, Feb. 1, 2023 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock" or the "Firm"), a value-oriented, operationally focused private equity firm, announced the opening of its new office located in London, U.K. to support the Firm's efforts to pursue European investment opportunities. One Rock hired industry veteran Telmo Valido as a Partner to co-lead and grow the London-based team with Kurt Beyer, a Partner formerly based in New York who relocated to the London office. Jeremy Xia, a Principal from the New York office, relocated to London along with Kurt to foster continuity of the Firm's culture and investment activity in London. The Firm also hired Lukas Zeitlberger, formerly of Metric Capital, as a London-based Principal.

Key Points: 
  • NEW YORK and LONDON, Feb. 1, 2023 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock" or the "Firm"), a value-oriented, operationally focused private equity firm, announced the opening of its new office located in London, U.K. to support the Firm's efforts to pursue European investment opportunities.
  • One Rock hired industry veteran Telmo Valido as a Partner to co-lead and grow the London-based team with Kurt Beyer, a Partner formerly based in New York who relocated to the London office.
  • Jeremy Xia, a Principal from the New York office, relocated to London along with Kurt to foster continuity of the Firm's culture and investment activity in London.
  • "The London office marks a logical step in One Rock's growth," added One Rock Partner, Kurt Beyer.

Eaton Partners Acts as Exclusive Placement Agent for Turning Rock Partners Fund II

Retrieved on: 
Wednesday, August 3, 2022
SFC, Security (finance), Eaton, LLP, NYSE, Company, Financial Conduct Authority, FCA, Broker-dealer, Blue Rock Partners, Insurance, Investment, Partner, Solution, Miller Buckfire & Co., Securities and Futures Commission, GLOBE, COO, SIPC, LLC, Foundation, SF, Growth, Financial services, Public relations, Eaton Partners, Incorporated, Stifel

ROWAYTON, Conn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest capital placement agents and fund advisory firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as placement agent for Turning Rock Partners ("Turning Rock").

Key Points: 
  • ROWAYTON, Conn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest capital placement agents and fund advisory firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as placement agent for Turning Rock Partners ("Turning Rock").
  • Over the last year, Turning Rock Partners Fund II has made substantial progress in deployment of this vehicle.
  • Turning Rock Partners now has a total of over $900M of capital commitment and is poised for continued growth.
  • Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company.

Erin Andrew joins Turning Rock as Managing Director

Retrieved on: 
Monday, March 7, 2022
Associate, Law Enforcement Assistance Administration, Economic development, Blue Rock Partners, Live Oak Bank, Women's Business Ownership Act, Solution, Growth, Best practice, Municipal Technical Advisory Service, Senior advisor, Senior, Public policy, Carnegie Mellon University, National, Workforce Innovation in Regional Economic Development, Small Business Capital Access and Job Preservation Act, TRP, Small business, Management, Security (finance), Science

NEW YORK, March 7, 2022 /PRNewswire/ -- Turning Rock Partners ("TRP" or "Turning Rock"), a New York-based private investment firm, announces Erin Andrew has joined the firm as a Managing Director.

Key Points: 
  • NEW YORK, March 7, 2022 /PRNewswire/ -- Turning Rock Partners ("TRP" or "Turning Rock"), a New York-based private investment firm, announces Erin Andrew has joined the firm as a Managing Director.
  • Andrew brings more than 20 years of experience managing finance, operations and regulatory reporting in both the private and public sectors.
  • "I'm excited to join Turning Rock and leverage my experience with origination and deal execution combined with my work with underserved populations and the government space to find creative and impactful solutions that serve Turning Rock clients and help businesses in our country grow," said Andrew.
  • Turning Rock Partners (TRP) targets debt, equity and hybrid investments in underserved or capital constrained lower-middle market businesses in North America.

Turning Rock Partners Completes $25 Million Investment to Support Recapitalization of General Asphalt

Retrieved on: 
Tuesday, February 15, 2022
History, Aviation, Blue Rock Partners, CEO, TRP, Solution, Leadership, IFM, Maintenance, Growth, IFM Investors, SMC, OH, LLC, Road

NEW YORK, Feb. 15, 2022 /PRNewswire/ --Turning Rock Partners ("TRP" or "Turning Rock"), a private investment firm based in New York, has completed a $25 million investment to support SMC Infrastructure Partners'("SMC")recapitalization of General Asphalt Co, LLC, a paving contractor based in Miami, Florida with a decades-long history of family ownership and operation.

Key Points: 
  • NEW YORK, Feb. 15, 2022 /PRNewswire/ --Turning Rock Partners ("TRP" or "Turning Rock"), a private investment firm based in New York, has completed a $25 million investment to support SMC Infrastructure Partners'("SMC")recapitalization of General Asphalt Co, LLC, a paving contractor based in Miami, Florida with a decades-long history of family ownership and operation.
  • "Turning Rock Partners is pleased to provide a structured capital solution to support the transaction and fuel further growth," said TRP Partner David Markus.
  • "We are delighted to support SMC and General Asphalt in their future growth," said Maggie Arvedlund, CEO of Turning Rock Partners.
  • SMC Chairman & Chief Executive OfficerAaron Richardsonsaid, "We are incredibly excited to partner with the Lopez family, IFM, and Turning Rock Partners to support the next phase of growth for General Asphalt.

Turning Rock Partners' Arvedlund Named Member of the SBA's Council on Underserved Communities

Retrieved on: 
Wednesday, December 8, 2021
TRP, SBA, CUC, Small business, Growth, Woman, Federal Advisory Committee Act, Council, Policy, Color, FACA, Blue Rock Partners, Solution, Public relations

NEW YORK, Dec. 8, 2021 /PRNewswire/ --Turning Rock Partners CEO and Founding Partner Maggie Arvedlund has been named to serve on the reconvened Council on Underserved Communities (CUC) authorized under the Federal Advisory Committee Act (FACA).

Key Points: 
  • NEW YORK, Dec. 8, 2021 /PRNewswire/ --Turning Rock Partners CEO and Founding Partner Maggie Arvedlund has been named to serve on the reconvened Council on Underserved Communities (CUC) authorized under the Federal Advisory Committee Act (FACA).
  • "I am absolutely delighted to serve on the Council and to collaborate with the other members," said Arvedlund.
  • Turning Rock Partners (TRP) targets debt, equity and hybrid investments in underserved or capital constrained lower-middle market businesses in North America.
  • Initially established in 2010, the Council on Underserved Communities provides advice, ideas, and opinions on SBA programs, services, and issues of interest to small businesses in underserved communities.

Turning Rock Partners Expands Platform with Key Hires

Retrieved on: 
Friday, November 12, 2021
Blue Rock Partners, TRP, COO, Fortress Investment Group, Senior, Growth, UBS, Solution, CFO, Management

NEW YORK, Nov. 12, 2021 /PRNewswire/ --Turning Rock Partners ("TRP" or "Turning Rock"), a New York-based private investment firm, is expanding its platform with key hires across the organization.

Key Points: 
  • NEW YORK, Nov. 12, 2021 /PRNewswire/ --Turning Rock Partners ("TRP" or "Turning Rock"), a New York-based private investment firm, is expanding its platform with key hires across the organization.
  • "Catherine is a well-known name in the investment community, and we are delighted to have her join the Turning Rock Partners' team," said Turning Rock Partner Saba Ahmad.
  • "Turning Rock Partners is a leader in financing solutions for companies across the private market landscape," said Catherine Bonelli.
  • Turning Rock Partners (TRP) targets debt, equity and hybrid investments in underserved or capital constrained lower-middle market businesses in North America.

Kiawah Island's Only Luxury 62+ Life Plan Community To Break Ground

Retrieved on: 
Tuesday, August 24, 2021
Tom, Bed, MUSC, No, Rivercourse, Sea Islands, Student, Trauma, Medical University of South Carolina, Physician, Dentistry, Calhoun Beach Club, Research, MUSC Health University Medical Center, Marketing, Hospital, Medical school, Blue Rock Partners, Contract, National, Walking, Biomedical Research, Emergency department, Education, Cassique, Housing, National Institutes of Health, Partner (business rank), Elin Hilderbrand, U.S. News & World Report, Budget, Technology, Graduate school, Real estate, Medicine

"We have worked hand-in-hand with Big Rock and MUSC Health to bring this concept to fruition. We heard the needs of our Kiawah residents, and those of the neighboring communities, and there was no question that Big Rock and MUSC Health were the natural fit -- given our historical ties and the fact that they are the best in their class," said Chris Randolph, Partner, Kiawah Partners.

Key Points: 
  • KIAWAH ISLAND, S.C., Aug. 24, 2021 /PRNewswire/ -- Kiawah Life Plan Village Inc. (KLPV), a newly formed not-for-profit, has closed and purchased a 9-acre sitefrom Kiawah Partners, a subsidiary of South Street Partners -- for Seafields at Kiawah Island ("Seafields"), the first 62+ luxury life plan community at the exclusive Kiawah Island.
  • Kiawah Island Real Estate , the sole real estate brokerage firm with offices on Kiawah Island exclusively focused on selling Kiawah properties, is managing sales and marketing for Seafields.
  • Reservations for all units are now available through Kiawah Island Real Estate and the project is slated to break ground early this fall.
  • Kiawah Partners, owner of the residential development ofKiawah Islandwhich includes Kiawah Island Real Estate and Kiawah Island Club, has a proven track-record of success in the luxury resort residential development world.