Bluehenge Capital Invests in Industrial Services Company, Selinsky FORCE

BATON ROUGE, Louisiana (November 20, 2023) – Bluehenge Capital Partners (Bluehenge) is pleased to announce its investment in Selinsky FORCE, LLC (Selinsky) with KLH Capital Partners (KLH). Selinsky is a leading industrial maintenance business and is Bluehenge’s second investment/partnership with KLH. 

“Selinsky’s management team is motivated, experienced and will remain intact post-close,” stated Sean Martin, Vice President of Bluehenge. “The group has been instrumental in driving operational and financial improvements throughout the years, positioning the business to capitalize on customer needs and future growth opportunities.” 

Bluehenge provided debt and equity capital alongside First Merchants Bank and KLH, respectively, to support a management buyout of Selinsky. Selinsky enjoys long-tenured relationships with its top customers and distinguishes itself as a developed asset in a fragmented market as one of only several truly turnkey service providers in its region.

“As a sponsor, KLH is knowledgeable, diligent and reasonable,” said A. David Kocen, Managing Partner of Bluehenge. “We believe they are a value-added partner to the Company’s leadership team.”

About Bluehenge Capital Partners

Bluehenge Capital Partners is a Baton Rouge, LA-based private equity and private credit investment firm offering creative capital solutions for lower middle-market businesses across various industries. With over 27 years of experience together and over $350 million of assets under management, the Bluehenge team provides capital for buyouts, acquisitions and growth to management teams across a nationwide footprint.  For additional information, please visit bluehenge.com.

About Selinsky FORCE, LLC

Established in 1932 and based in Canton, OH, Selinsky FORCE is a leading industrial maintenance business providing an expansive suite of industrial millwright services, refractory solutions, and equipment rebuild & repair services to blue-chip customers within the engineered materials, industrial manufacturing, utility & energy, and other industrial end markets. For additional information, please visit selinskyforce.com. 

About KLH Capital

Founded in 2005, KLH Capital is a private equity firm focused on family-and-founder-owned, lower middle-market companies, making both majority and minority equity investments. Their approach extends beyond financial support to fostering collaborative teams, leveraging management’s expertise alongside their own to unlock the full potential and create value within invested companies. KLH Capital aims to provide ownership opportunities for key managers while enabling owners to realize the value in their businesses. For additional information, please visit klhcapital.com. 

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