BlackRose Group Honored in Axial's Top 50 Lower Middle Market Healthcare M&A Advisors List for 2024

We are thrilled to announce that BlackRose Group has been featured in Axial's Healthcare Top 50 Investors & M&A Advisors list for 2024! Axial, a premier deal platform for middle-market M&A professionals, has recognized our commitment to excellence and outstanding performance in the industry. We are honored to receive this prestigious acknowledgment.

About BlackRose Group
Ken Miller, the Founder of BlackRose Group, works collaboratively with his team to identify transaction opportunities for both sell-side and buy-side engagements. Ken strongly believes that their number one responsibility is to protect their clients' best interests.

BlackRose Group Honored in Axial's Industrials Top 50 M&A Advisors List for 2024

We are thrilled to announce that BlackRose Group has been featured in Axial's Industrials Top 50 M&A Advisors list for 2024! Axial, a premier deal platform for middle-market M&A professionals, has recognized our commitment to excellence and outstanding performance in the industry. We are honored to receive this prestigious acknowledgment.

About BlackRose Group

Ken Miller, the Founder of BlackRose Group, works collaboratively with his team to identify transaction opportunities for both sell-side and buy-side engagements. Ken strongly believes that their number one responsibility is to protect their clients' best interests.

BlackRose Group Announces Closing

LAFAYETTE, LA – The BlackRose Group, LLC (“BlackRose”) is pleased to announce the successful buy-side closing of American Roadway Logistics. The Buyer, Monroe Street Partners, engaged the buy-side team at BlackRose, led by Ken Miller and Chuck Burg of Colliers. Terms of the deal have not been disclosed.

“This transaction is a mutually beneficial opportunity for both the Seller and Buyer,” stated Ken Miller, President of BlackRose. “It paves the way for future growth as they continue on their respective business journeys.”

About American Roadway Logistics

Established in 2006, American Roadway Logistics is a leading provider of pavement marking and other traffic safety-related services. The Company serves heavy highway contractors, state transportation departments, local governments, and utility companies. To find out more, visit https://arlinc.us/.

About The BlackRose Group

The buy-side team at BlackRose Group leverages its extensive network to identify target acquisitions in strict confidence to qualified buyers. Clients seek an advisor who can identify opportunities and close deals for them, which is BlackRose’s core competency in the middle market sector.

BlackRose Group Announces Closing

LAFAYETTE, LA – The BlackRose Group, LLC (“BlackRose”) is pleased to announce the successful buy-side closing of Tri-County Mechanical & Electrical of Helena, Montana. The Buyer, Caleb Staub, engaged the buy-side team at BlackRose, led by Ken Miller. Terms of the deal have not been disclosed.

“This transaction is a mutually beneficial opportunity for both the Seller and Buyer,” stated Ken Miller, President of BlackRose. “It paves the way for future growth as they continue on their respective business journeys.”

About TCME

As a leading mechanical and electrical construction management firm in Montana and surrounding states, TCME was founded in 1972 and provides premier technical construction management and exceptional workmanship across every project. To find out more, visit https://www.tcmemt.com/.

BlackRose Group featured in Axial's top 50 tech advisors 2024

We are pleased to announce that BlackRose Group has been featured in Axial Top 50 lower middle market Tech Advisors 2024! a leading deal platform for middle-market M&A professionals.

Axial considers three key factors: individual deal quality, overall deal volume, and process effectiveness. We couldn't have achieved this without the support of our clients and associates, and we're grateful for their trust in our team. 

About BlackRose Group

The Team at BlackRose works collaboratively within their team to identify transaction opportunities for both sell side and buy side engagements. They strongly believe that their number one responsibility is to protect their client’s best interest.

BlackRose Group featured in Axial's Advisor 100!

We are pleased to announce that BlackRose Group has been featured in the Axial Advisors 100!, a leading deal platform for middle-market M&A professionals.

 

Axial considers three key factors: individual deal quality, overall deal volume, and process effectiveness. We couldn't have achieved this without the support of our clients and associates, and we're grateful for their trust in our team. 

 

About BlackRose Group

The Team at BlackRose works collaboratively within their team to identify transaction opportunities for both sell side and buy side engagements. They strongly believe that their number one responsibility is to protect their client’s best interest

BlackRose Group Announces Closing

Jogan Inc. has acquired Echo Mountain Snowboard and Ski Park, a rapidly growing and affordable ski area in Denver, just 50 minutes from the Rocky Mountain Region. The acquisition aims to support future growth. The deal details remain undisclosed, and it was co-brokered by Blackrose Group, with representation by Chuck Berg and Mercy, of Colliers, on behalf of Echo Mountain.

"This transaction is a mutually beneficial opportunity for both the Seller and Buyer," stated Ken Miller, President of the BackRose Group. "It paves the way for future growth as they continue on their respective business journeys." 

About Jogan Inc.

Jogan Inc. is a shared services organization founded by entrepreneur Dan Dietrich. The growing company aims to revolutionize the staffing, transportation, security, consumer, wellness, medical, and real estate industries with technological innovation and comprehensive solutions that bring communities closer together.

About Echo Mountain,

Based in Denver, Echo Mountain is the Rocky Mountain Region's closest and most rapidly growing affordable ski area, just 50 minutes away. They prioritize accessibility and affordability, welcoming a diverse audience with a family-oriented atmosphere and various snow sports for all skill levels.

About Colliers

A leading global professional services and investment management company, Colliers operates in 66 countries with 18,000 professionals who offer expert real estate and investment advice to clients.

 

About BlackRose Group

The BlackRose Group leverages its extensive buy-side network to market companies in strict confidence to qualified buyers. They execute such sell-side campaigns anonymously to identify interested buyers with committed capital. The BlackRose Group is headquartered in Lafayette, with offices in Memphis, Raleigh-Durham, Philadelphia, and Dallas.


BlackRose Group named one of the Top 50 Industrial Dealmakers!

We are thrilled to announce that BlackRose Group has been recognized as one of the Top 50 Industrial Dealmakers 2023, by Axial, a leading deal platform for middle market M&A professionals.

Axial considers four key factors: Leading and Lagging Sub-Sectors, Operator Priorities, Investor Priorities, and Near-Term Market Outlook. We couldn't have achieved this without the support of our clients and associates, and we're grateful for their trust in our team.

About BlackRose Group

The Team at BlackRose works collaboratively within their team to identify transaction opportunities for both sell side and buy side engagements. They strongly believe that their number one responsibility is to protect their client’s best interests.

BlackRose Group named one of the Top 25 Lower Middle Market U.S. Investment Banks for Q1 2023

We're pleased to announce that BlackRose Group has been named one of the Top 25 Lower Middle Market U.S. Investment Banks for Q1 2023, by Axial, a leading deal platform for middle market M&A professionals.

Axial considers three key factors: client quality, buy-side targeting, and process effectiveness. We couldn't have achieved this without the support of our clients and associates, and we're grateful for their trust in our team. 

About BlackRose Group

The Team at BlackRose works collaboratively within their team to identify transaction opportunities for both sell side and buy side engagements. They strongly believe that their number one responsibility is to protect their client’s best interest.

Deal Closing Announcement

LAFAYETTE, LA – The BlackRose Group, LLC (“BlackRose Group”), headquartered in Lafayette, LA, is pleased to announce that certain principals of the firm represented a North American-based professional employer organization (“PEO”) in its acquisition of a Canadian-based payroll company. The PEO engaged the buy-side team at BlackRose Group, led by Ken Miller and Lyre Jones. Terms of the deal have not been disclosed. 

Ken Miller, the lead BlackRose Group member for the PEO, noted “We were very pleased to represent such a dynamic and fast-growing company to support their expansion into Canada.“ 

About BlackRose Group

The buy-side team at BlackRose Group leverages its extensive network to identify target acquisitions in strict confidence to qualified buyers. Clients seek an advisor who can identify opportunities and close deals for them, which is BlackRose’s core competency in the middle market sector.

BlackRose Group Supports Acquisition of Cimarron Gas Division Based in Louisiana

(Lafayette, LA) — Gandy Trading, LLC announced the acquisition of the Gas Distribution Division of Cimarron Underground Services, LLC (“Cimarron” or “the Company”). The Cimarron Gas Division, based in Louisiana, with locations in Baton Rouge and New Orleans, provides gas distribution construction and directional drill services to the utility industries.  Gandy has partnered with some of the Company’s existing senior management team to position the Company for growth going forward. Terms of the transaction were not disclosed. BlackRose Group represented the seller, Cimarron.

“This is a ‘win-win’ for the Seller and Buyer, and we were pleased to assist in the transaction,” said Ken Miller, President of the BackRose Group. “This sets the stage for future growth for the Seller and the Buyer in their chosen paths of business.”

About Cimarron Underground Services, LLC 

Based in Overland Park, KS, the Company is a privately-owned and operated oilfield service company. The Company has provided the energy industry with quality products and superior technical expertise for several years. The Company has a variety of customers in the mid-stream arena and is active in the Gulf Coast, Texas, and New Mexico regions. 

About Gandy Trading, LLC

Gandy Trading, LLC is a closely held construction business headquartered in Topeka, KS, with a focus on the energy and transportation sectors.  Gandy is pursuing growth in both sectors in the Gulf Coast and Midwest regions.  

About BlackRose Group

The BlackRose Group leverages its extensive buy-side network to market companies in strict confidence to qualified buyers. They execute such sell-side campaigns anonymously to identify interested buyers with committed capital. The BlackRose Group is headquartered in Lafayette, LA, with offices in Memphis, Raleigh-Durham, Philadelphia and Dallas.

For more information go to blackrosegrp.com.


BlackRose Supports Stratagraph in Buy-side Acquisition

LAFAYETTE, LA – Stratagraph, Inc. (“Stratagraph”), headquartered in Lafayette, Louisiana, announced it has recently acquired the assets of Gisler Brothers Logging Company, Inc. (“Gisler”). For over 48 years, the Gisler name has been synonymous with professionalism, honesty, and quality mud logging services in Texas. Stratagraph engaged the buy-side team at BlackRose Group, led by Ken Miller and Lyre Jones. Terms of the deal have not been disclosed.

“Stratagraph found an ideal target company to help accelerate its growth,” said Ken Miller, President and Co-Founder of BlackRose Group. “Both organizations have long-standing, excellent reputations in the mud logging sector and the combination only enhances their service capabilities and geographic reach.”

About Stratagraph

As a pioneer of the geological service sector dating back to 1961, Stratagraph is a diversified service company that provides a complete array of geological services. These services include industry-leading gas detection, efficient mud logging, accurate cuttings and geochemical analysis, exceptional geosteering, and much more. Other divisions of the organization include completions and production chemicals, wellbore placement, unmanned gas detection, and other energy-related service company partnerships. Stratagraph is proud of its immense experience throughout Texas, Louisiana, Oklahoma, onshore, offshore, and major basins across the U.S. We are on a mission to safely provide high quality, customized geological services to our global customer base, while maintaining the highest level of respect for each other and our clients. To find out more, visit www.stratagraph.com.

About BlackRose Group

The BlackRose Group works with qualified buyers to identify acquisition targets that will support key strategic initiatives. The buy-side team prides itself on its ability to hone in on appropriate targets which meet clients’ predetermined acquisition criteria. Clients seek an advisor who can identify opportunities and close deals for them, which is BlackRose’s core competency in the middle market sector.

BlackRose Group Advises on the Sale of Ultra-Premium Tequila Company

LAFAYETTE, LA -KIV Investments (“KIV”), headquartered in New Jersey, has recently acquired a majority stake of AMBHAR Global Spirits (“AMBHAR”), an ultra-premium, award-winning artisan spirit made in small batches from 100% blue agave. AMBHAR engaged BlackRose Group to identify and approach qualified investors. Terms of the deal have not been disclosed.

Ken Miller, President/Co-Founder of BlackRose Group, wrote, “we were thrilled that Jaime Celerio found a growth partner for this fantastic, high-premium tequila company. KIV Investments, led by Kamal Virdi, had been searching for a tequila company to grow instead of starting from square one and the acquisition of AMBHAR checked all the boxes for them. We wish them a successful partnership.”

About AMBHAR Global Spirits

Ambhar Tequila is an award-winning, ultra-premium artisan tequila, fully committed to creating only the best product quality possible. Their process combines only the highest standards of handcrafted tequilas, keeping the ancient recipe and technique that has been passed down through generations, alive. As tradition dictates, all harvesting and preparation is done by hand and the agave hearts are steamed, roasted, mashed and fermented according to ancient recipes. For more information go to www.ambhar.com. 

About BlackRose Group

The BlackRose Group works with clients to identify acquisition targets that will support key strategic initiatives. BlackRose supports its clients from initial target identification through due diligence and transaction close. The team prides itself on its ability to hone in on appropriate targets which meet clients’ predetermined acquisition criteria. The BlackRose Group is a growing brand with different areas of expertise, headquartered in Lafayette, La., with offices in Los Angeles, Houston, Dallas, Memphis, Raleigh, and Philadelphia.

For more information, please visit www.blackrosegrp.com.

BlackRose Group Supports the Acquisition of Alabama Asphalt Paving Company

LAFAYETTE, LA - Massey Asphalt Paving (“MAP”), headquartered in Trussville, AL, has recently been acquired by Atlantic Southern Paving and Sealcoating (“Atlantic Southern”), a premier national commercial paving company headquartered in Fort Lauderdale, FL. Atlantic Southern engaged the BlackRose Group to identify and approach MAP.

In 2019, Atlantic Southern partnered with Harbor Beach Capital, a middle market private equity firm with a proven track record of driving organic and acquisition growth in middle market businesses. The partnership’s mission is to continue expanding Atlantic Southern’s geographic footprint while also enriching its national service offerings to a growing customer base. The BlackRose Group worked collaboratively with Phoenix-based, Chuck Berg, to identify acquisition opportunities for the Company.

Brian Urbanek, Managing Partner of Harbor Beach Capital, commented, “Trey Massey and the entire MAP team have built a fantastic business with a long and successful legacy in Alabama. We believe there is enormous potential in that market and are thrilled to partner with MAP to drive even greater growth.”

Ken Miller, Co-Founder of the BlackRose Group, stated, “This is our second deal with Harbor Beach. We are thrilled to have introduced Massey Paving to the Atlantic Southern team. They are consummate professionals and have a terrific team. It is another example of BlackRose identifying a buy-side transaction."

About Harbor Beach Capital

Harbor Beach Capital is a private equity firm focused on partnering with management teams to provide capital and solutions to lower middle market businesses. For more information, please visit www.harborbeachcapital.com.

Colliers International Represents Pine Island Chemical Solutions in Acquisition by Black Cliff Partners

Lafayette, La. —Black Cliffs Partners announced the acquisition of a majority interest in Pine Island Chemical Solutions (“Pine Island” or “the Company”). Headquartered in Louisiana, with locations throughout Louisiana and Texas, the Company provides chemicals to the oil & gas industry.  Black Cliffs Partners has partnered with the Company’s existing senior management team to recapitalize the business and to provide additional capital to support add-on acquisitions and organic geographic expansion. The existing management team will maintain a significant minority ownership position in the Company going forward. Terms of the transaction were not disclosed. Colliers International represented the seller, Pine Island.

Managing Director Michael Lunt at Black Cliffs Partners, commented, “we are beyond thrilled to be partnering with Pine Island’s talented and experienced management team. John Michael Chachere is a dynamic leader, with deep industry roots and a true love for the Company and its employees. Together, we will take the Company to new heights.”

“This is a brilliant combination, and we were pleased to assist in the transaction,” said Ken Miller, vice president, mergers and acquisitions for Colliers. “This sets the stage for a bigger platform growth in Louisiana, the Permian Basin and most energy producing regions of the United States.” Miller is also the sole owner of the BlackRose Group.

About Pine Island Chemical Solutions 

The Company is a privately owned and operated oilfield service company specializing in the production of treating chemicals, water treatment chemicals and completion chemicals. The Company has provided the energy industry with quality products and superior technical expertise for over 15 years, providing custom products to meet all customer's needs. The Company has a variety of customers including E&P companies, service companies and water midstream operators. The Company has four established geo-markets including the Gulf Coast, AK-LA-TX, the Eagle Ford Shale and Permian Basin.  

About Black Cliffs Partners

Black Cliffs Partners is a family office headquartered in Salt Lake City, which acquires and partners with successful companies to promote successful and sustainable growth.  Black Cliffs Partners supports the goals of businesses by providing capital, operational expertise or by creating a liquidity event and transition. Black Cliffs’ team has experience as investors and entrepreneurs and looks to have hands-on collaborative relationships with executive teams and owners.  

About BlackRose Group

The BlackRose Group leverages our extensive buy side network to market companies in strict confidence to qualified buyers. They are able to execute such sell side campaigns anonymously to identify interested buyers with committed capital. The BlackRose Group is headquartered in Lafayette, La. with offices in Memphis. Tenn., Raleigh-Durham, N.C., Philadelphia, Pa, Houston and Dallas, Texas.

For more information go to blackrosegrp.com.

BlackRose Group Makes Three New Additions

Lafayette, Louisiana – Ken Miller, owner of the BlackRose Group, with offices in Lafayette, La. and Dallas, Texas announced several new additions to the firm. W. Dale Behan has joined the firm as Managing Director, Katie Thomas Funk as Business Development, and John E. Howard, II as Principal.

Behan will be based in its Dallas office and represents buyers and sellers in connection with M&A transactions in a wide range of industries including debt, mezzanine and private equity raises and sales. Behan previously served as a principal and manager for the Western Company of Texas, an oilfield service company engaged in frac water transfer, and co-owner and CEO of Louisiana Blasting & Coating. He has a bachelor’s degree in Civil Engineering from Louisiana State University, a J.D. from Southern University Law Center and an M.B.A. from Tulane University.

Houston-based Funk will lead BlackRose’s business origination efforts including new markets, growth areas, trends, customers, products and services. Funk has knowledge and deep expertise in corporate and agency recruiting with full life cycle recruiting responsibility for executive/management level positions as well as exempt and non-exempt positions; Administrative, Manufacturing, Plant, Accounting, IT, Engineering, Sales/Marketing, and Customer Service. She holds a bachelor’s degree in International Business from the University of Houston as well as a Fintech degree from Rice University.

John E. Howard, II has opened an office in Memphis, Tennessee. Howard will work diligently on day-to-day management of engagements, investment opportunities, strategy, and negotiations. Howard has a 30-year career in the areas of corporate turnaround, operational excellence, building organizational capabilities and delivering profitable results within the space of private equity buyouts, mergers and acquisitions, and enterprise management.  John has served on the Board of Directors and provided formal advisory to a number of public and private companies, including several non-profit organizations. He has a Bachelor of Science in Electrical Engineering from North Carolina A&T State University and is a Certified Lean Six Sigma Master Black Belt and Operational Excellence practitioner.

The BlackRose Group leverages its extensive buy side network to market companies in strict confidence to qualified buyers. They are able to execute such sell side campaigns anonymously to identify interested buyers with committed capital.

Miller joined Colliers International in 2019 as Vice President of Mergers & Acquisitions. Miller has over 37 years of experience as a financial planner and an investment advisor. Miller has considerable experience in corporate sales across a wide variety of industries. Since forming BlackRose Advisors in 2012, he helped close 18 transactions for approximately $200 million in transaction value, and in 2018, the company was nominated by ACG for Louisiana Deal Maker of the year. Over the past several years, he has developed significant relationships with both strategic/industry buyers and private equity funds.

Please add Dale, Katie, and John to your distribution list. Contact info below:
W. Dale Behan
Managing Director
dale@blackrosegrp.com

Katie Thomas Funk
Vice President of Business Development
katie@blackrosegrp.com

John E. Howard, II
President, Business Development for Industrials & Manufacturing
john@blackrosegrp.com

For more information, please contact:

Lyre Jones
Colliers International | BlackRose Group
lyre.jones@colliers.com
(985) 210-7606

Behan Named Managing Director for BlackRose Group

(Lafayette, La. & Dallas, Texas) – Ken Miller, owner of the BlackRose Group, with offices in Lafayette, La. and Dallas, Texas announced that W. Dale Behan has joined the firm as Managing Director. Behan will be based in its Dallas office and represents buyers and sellers in connection with M&A transactions in a wide range of industries including debt, mezzanine and private equity raises and sales. Behan previously served as a principal and manager for the Western Company of Texas, an oilfield service company engaged in frac water transfer, and co-owner and CEO of Louisiana Blasting & Coating. He has a bachelor’s degree in Civil Engineering from Louisiana State University, a J.D. from Southern University Law Center and an M.B.A. from Tulane University.

 

The BlackRose Group leverages its extensive buy side network to market companies in strict confidence to qualified buyers. They are able to execute such sell side campaigns anonymously to identify interested buyers with committed capital.  

“I have a long time business relationship with Dale,” said Ken Miller, BlackRose Group owner. “Our vision and approach to mergers and acquisitions line up well. We share the same style in strong client service, problem solving, and passion for helping clients succeed. I am pleased that we are working together at the BlackRose Group.”

Miller joined Colliers International in 2019 as Vice President of Mergers & Acquisitions. Miller has over 37 years of experience as a financial planner and an investment advisor. Miller has considerable experience in corporate sales across a wide variety of industries. Since forming BlackRose Advisors in 2012, he helped close 18 transactions for approximately $200 million in transaction value, and in 2018, the company was nominated by ACG for Louisiana Deal Maker of the year. Over the past several years, he has developed significant relationships with both strategic/industry buyers and private equity funds.

Lafayette Based Miller Completes Real Estate Licensing

(Lafayette, La.) - Ken Miller completed the real estate course and passed the exam. As a licensed real estate agent, he can tap into a large network of real estate professionals currently working to aid buyers and sellers through the process.

Miller was also a buy side advisor along with Chuck Berg in the sale of Biltmore Health Services to Black Cliffs Partners, a Salt Lake City based middle market private equity firm. Biltmore has a location in Miller’s home town of Lafayette, Louisiana.

Biltmore Health Services is a team of licensed mental health professionals who have experience working with clients through all stages of life in individual psychotherapy, family, and group therapy. Their programs provide behavioral and mental health counseling, diagnostic assessments, crisis intervention, outpatient counseling services, and more. 

Chuck Berg began his career in business brokerage in 1981. Since then, he has been instrumental in the sale of businesses across all industries. Chuck holds the title for the largest sale in the Sunbelt Business Brokerage system of over 300 offices nationally in 2007. When his business pursuits have not been in mergers and acquisitions, Chuck has been involved in disruptive-technology startups.

Ken Miller joined Colliers International in 2019 as Vice President of Mergers & Acquisitions. Miller has over 37 years of experience as a financial planner and an investment advisor. Miller has considerable experience in corporate sales across a wide variety of industries. Since forming BlackRose Advisors in 2012, he helped close 18 transactions for approximately $200 million in transaction value, and in 2018, the company was nominated by ACG for Louisiana Deal Maker of the year. Over the past several years, he has developed significant relationships with both strategic/industry buyers and private equity funds.