Blue Point Capital Partners, a private equity firm managing over $1.5 billion in committed capital, has acquired Brimar Industries.
Brimar is a vertically integrated manufacturer and purveyor of high-quality safety signs, pipe markers, valve tags and traffic signs. The firm serves its customers through its proprietary e-commerce websites including SafetySign.com and PipeMarker.com.
“Blue Point is excited to help build on Brimar’s strong market position by leveraging our Data & Digital, M&A, Supply Chain and Human Capital capabilities,” said John Lemay, Blue Point partner.
“It was important for us to align with a partner who truly understands the safety products industry and our e-commerce strategy,” added Brimar founder and CEO Brian Costello. “Blue Point’s investment experience in safety-oriented products and services and digitally native businesses aligned with our vision for the future of Brimar.”
Blue Point was represented by Baker Hostetler and Stout acted as the firm’s financial and tax advisor in connection with the transaction.