- The transaction is a first add-on for the platform since the Blue Point partnership was announced in early October and Pinnacle’s 16th acquisition overall
- Blue Point invests in the lower middle market
Pinnacle MEP, a portfolio company of Blue Point Capital Partners, has acquired Bell Plumbing Services, a Greenwood, Indiana-based provider of commercial plumbing solutions. No financial terms were disclosed.
Pinnacle specializes in mechanical and plumbing services for commercial clients.
The transaction is a first add-on for the platform since the Blue Point partnership was announced in early October and Pinnacle’s 16th acquisition overall.
“Pinnacle and Bell Plumbing are well-aligned in their business approaches and cultures,” said Blue Point principal Evan Cottington in a statement. “This is an exciting addition to the platform, and we look forward to supporting their growth efforts.”
Blue Point invests in the lower middle market. Blue Point is managing over $1.8 billion in committed capital.