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Louisiana’s mergers and acquisitions panorama remained vibrant in June 2024, with three distinguished Louisiana-based non-public fairness companies participating in strategic investments throughout a wide range of sectors.

Bernhard Capital Companions (“BCP”), a non-public fairness agency centered on providers and infrastructure, not too long ago established an institutional program administration (IPM) platform via a controlling funding in Brailsford & Dunlavey Inc. (“B&D”). B&D is a number one growth advisory and program administration agency, serving a various clientele that features instructional establishments, municipal companies, sports activities venues, and non-profits. The agency’s choices embody challenge planning, growth, development oversight, and operational effectivity enchancment.

Mark Spender, a accomplice at BCP, expressed enthusiasm concerning the partnership, which marks the agency’s newest platform funding.

“Because the cornerstone of our institutional program administration platform, we sit up for working alongside B&D’s skilled and dynamic management group and leveraging our proprietary Blueprint framework to speed up development via acquisitions, in addition to expanded capabilities,” Spender mentioned. “We’re assured that B&D’s gifted group and current buyer relationships throughout its enterprise segments will function a robust basis for the success of our IPM platform.”

Over the previous two years, BCP has accomplished a number of transactions with the newest being the Could acquisition of Apogee Engineering, a governmental expertise options supplier, which bolsters its governmental providers funding platform. Monetary phrases of the deal weren’t disclosed.

LongueVue Capital (“LVC”) not too long ago introduced that its portfolio firm, Pinnacle Scientific Analysis (Pinnacle), has efficiently invested in 5 healthcare organizations: Kerwin Medical Middle (KMC), The Cognitive and Analysis Middle of New Jersey (CRCNJ), Bellaire Scientific Analysis, Palmetto Scientific Analysis – Low Nation, and the Dallas Analysis Institute.

Pinnacle, which offers well being care analysis providers, conducts scientific trials centered on hepatology and gastroenterology, with a selected emphasis on fatty liver illness. Based in 2016 and purchased by LVC in November 2022, Pinnacle has grown quickly. These strategic acquisitions increase Pinnacle’s geographic footprint, bringing its complete to 12 websites throughout Texas, New Jersey, and South Carolina. Notably, the KMC and CRCNJ investments improve Pinnacle’s experience in central nervous system indications, significantly Alzheimer’s Illness. This enlargement goals to enhance affected person care, enrollment timelines, and entry for underrepresented populations.

“Pinnacle’s fast enlargement to 12 best-in-class websites from solely three websites in 2022, coupled with its famend physician-led govt group, additional solidifies the Firm because the main web site community centered on a number of complicated therapeutic areas,” mentioned Ryan Nagim, managing accomplice and head of well being care at LVC. He added, “We stay dedicated to supporting Pinnacle’s continued development each organically and thru acquisitions.”

Phrases of the acquisitions weren’t disclosed.

Carr’s Hill Capital Companions Administration LP (“Carr’s Hill”) continued its streak of investments within the industrial providers sector by buying SMART Security Gulf Coast (“SMART Security”) from the Baton Rouge-based industrial development agency PALA Group for an undisclosed worth. SMART Security, a number one supplier of turnkey life security and compliance administration providers based mostly in Georgia, provides security program administration, together with security coverage growth, job web site security audits, claims administration, and OSHA reporting & illustration.

Blake Seaside, CEO of SMART Security, expressed pleasure concerning the partnership.

“The SMART Security group is grateful for the help from PALA over the previous decade and is worked up for this new chapter…The [Carr’s Hill] group’s assets and strategic imaginative and prescient will undoubtedly assist us increase our attain and improve our service choices,” Seaside mentioned.

David de Laureal, Managing Associate at Carr’s Hill, echoed this sentiment.

“SMART Security’s distinctive repute and dedication to enhancing office security align effectively with our funding philosophy,” he mentioned. “We sit up for supporting the group’s development and supply of outstanding security options to their purchasers.”

SMART Security joins Carr’s Hill’s portfolio of industrially-focused firms which incorporates Matthews Brothers Dredging, Axis Industries, and Arrow Waste.

Taylor Gilbert is vp of mergers and acquisitions for Chaffe & Associates Inc. Liam Norton is a company finance analyst with the agency. Funding banking providers are offered by Chaffe Securities Inc., member FINRA/SIPC. For extra data, go to http://chaffe-associates.com.