Bluehenge Capital Partners Supports Acquisition of 2000 Industries with New Partnerships
BATON ROUGE, Louisiana (August 9, 2024) – Bluehenge Capital Partners (Bluehenge) is excited to announce its new investment in 2000 Industries, a Dallas, TX-based supplier of materials used in the foundation repair process. 2000 Industries provides a comprehensive suite of foundation repair products via its six retail locations throughout the state of Texas.
Bluehenge partnered with IBC Funds (IBC), a licensed Small Business Investment Company, to provide debt and equity capital to support the acquisition of 2000 Industries by Venquest Capital Partners (Venquest).
“We are thrilled to partner with IBC Funds and Venquest Capital Partner” said Albert Alexander, Director at Bluehenge. “This collaboration represents a unique opportunity to leverage our collective expertise and resources to support the company through its next phase of growth.”
Looking ahead, Bluehenge envisions a promising future for 2000 Industries. The company is poised to enhance its market presence given VCP’s focus on expansion into new markets and the professionalization of operational processes..
About Bluehenge Capital Partners
Bluehenge Capital Partners is a Baton Rouge, Louisiana-based private equity and private credit investment firm offering creative capital solutions for lower middle-market businesses across various industries. In partnership with the US Small Business Administration, Bluehenge has raised over $420 million of capital in pursuit of its strategy. The Bluehenge team has a long history providing capital for buyouts, acquisitions, and growth to companies across a nationwide footprint. For additional information, please visit bluehenge.com.
About IBC Funds
IBC Funds is an authorized Small Business Investment Company (“SBIC”) offering adaptable capital solutions tailored for lower middle-market enterprises. In 2021, IBC Funds achieved a successful launch of its latest SBIC fund and announced the expansion of its investment team along with an additional office situated in Little Rock, Arkansas. For additional information, please visit ibcfund.com.
About Venquest Capital Partners
Venquest Capital Partners specializes in offering equity capital to support acquisitions, buyouts, internal growth, and recapitalizations of privately-held, middle-market companies. Established in 2000, the founding partners bring a collective experience of twenty-five years each in investing in middle-market enterprises. For more information, please visit venquestcapital.com.
About 2000 Industries
Since 1994, 2000 Industries Group, Inc. has been committed to serving the Foundation Repair Industry in the Dallas & Fort Worth area. Their focus lies in delivering pre-cast concrete products and reliable steel pier systems, as well as maintaining a fully-equipped machine shop to cater to customers’ steel fabrication needs. For more information, visit 2000industriesgroup.com.
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