Menu
ncarol.com
  • Home
  • Business
  • Health
  • Entertainment
  • Education
  • Technology
  • Real Estate
  • Non-profit
  • Arts
ncarol.com

Blue Point Prepares the Foundation for SBG Holdings Exit
ncarol.com/10252232

Trending...
  • Sober.Buzz the Sober Token : Ticker $BUZZ
  • DuoKey to Unveil Encrypted Financial Intelligence Use Case at GISEC Global 2025
  • myb.day Launches New Birthday Gift Shop Filled With Personalized Surprises
CHARLOTTE, N.C. ~ Charlotte, N.C. - Blue Point Capital Partners has announced the successful exit of SBG Holdings, a portfolio company of BPCP III, in a sale to Charger Investment Partners. The sale marks the end of a fruitful partnership between Blue Point and SBG, which has seen significant growth and expansion under Blue Point's ownership.

SBG Holdings is the parent company of SASE Company and Bartell Global, two leading providers of consumables and equipment for concrete flooring and other hardscapes. With a comprehensive portfolio of world-class products, including diamond tooling, abrasives, chemicals, dyes, grinding machines, and floor scrapers, SBG offers solutions for every stage of the concrete flooring lifecycle.

Blue Point first partnered with SASE in 2017 as the company's first institutional investor. As part of their value creation strategy, Blue Point facilitated multiple acquisitions for SBG, including the purchase of Bartell Global in 2021. This deal successfully brought together SASE's direct-to-contractor brands with Bartell's distribution channels.

More on ncarol.com
  • Robert Fabbio Inducted into the Austin Technology Council Hall of Fame
  • Cybersecurity is Protecting Your Personal Information and Your Portfolio
  • Matthew Glova, CFP® of LifeTime Asset Honored in Forbes Best-In-State Wealth Advisors2025
  • L2 Aviation Celebrates Grand Opening of New Facility at Cincinnati/Northern Kentucky International Airport (CVG)
  • Managing Summer Staffing Surges with Confidence: Why Name Badges Are a Must for Seasonal Success

Under Blue Point's ownership, SBG has more than doubled its workforce and expanded from two U.S. locations to 10 sites across North America, the UK, South Korea, and Singapore. This growth has allowed SBG to offer a wider range of solutions and support to contractors around the world.

Karl Moritz, CEO of SBG Holdings, expressed his gratitude for Blue Point's partnership: "Blue Point has been the right partner at the right time for SBG. Their wide range of resources and unparalleled support have enabled our team to create value across many key dimensions."

Blue Point Partner Brian Castleberry added: "We are grateful to the team for their efforts in driving growth and maximizing value for everyone involved in the sale of SBG. The platform's evolution is a testament to Blue Point's impact when we utilize our operating resources and experience in partnership with strong management teams."

The sale of SBG was advised by BlackArch Partners as M&A advisor, Perkins Coie as legal counsel, and Stout as financial and tax advisor.

More on ncarol.com
  • Visa Named Title Sponsor of Ascending Athletes' Business Owners Summits for NFL Entrepreneurs
  • The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
  • $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
  • SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
  • New National Nonprofit Launches to Capture Firsthand Accounts of Adoption Stories

SBG Holdings, Inc. is a holding company for subsidiary trade brands that provide consumables and equipment for concrete flooring and other hardscapes. Through its industry-leading brands of SASE and Bartell Global, SBG serves surface preparation and concrete polishing contractors, distributors, and rental providers.

Blue Point Capital Partners is a private equity firm with over $1.8 billion in committed capital. With offices in Cleveland, Charlotte, Seattle, and Shanghai, Blue Point has a global reach while maintaining relationships with local entrepreneurs and advisors. With a focus on the lower middle-market, Blue Point has a history of partnering with businesses to achieve growth through innovative strategies.

Note: The statements made by portfolio company executives about Blue Point Capital Partners are intended to illustrate the business relationship between the two parties rather than Blue Point's capabilities or expertise in investment advisory services. Portfolio company executives were not compensated for their participation in this announcement.
Filed Under: Business

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • Bonelli Systems Expands Managed IT Services Nationwide, Leveraging Microsoft Azure Expertise
  • $4.3 Million Patent Application Waiver Fee Granted by FDA on New Drug Application Fee for Treatment Addressing Suicidal Depression & PTSD: NRX Pharma
  • Whistleblower Claims Dental Patient Deaths Likely Due to Book Ban
  • Dr. Michael Matzinger Honored with Silver Antelope Award for Distinguished Service to Youth
  • xREnergy up as much as +3,094,634% on first day listed on the XRP Ledger. Ticker : $XRE
  • Psychiatry's Legacy of Racism and Coercion Highlighted in Restraint Deaths
  • New Book 'Cybersecurity Leadership' Guides SME Leaders to Make Smart, Strategic Security Decisions
  • Longtime Durham Bulls Performer and Dog Trainer Hit Hard by Economic Shift
  • "Stop scrolling and start watching" - Beloved film recommendation site Criticker gets a major makeover
  • Green Energy Solar Expands with New Offices in Port St. Lucie, West Palm Beach, and Orlando
  • Introducing the Wackadoodles for Kids Music
  • Events by Dubsdread Expands Services to The Venue at Lake Lily
  • London Gala Emphasizes Trade, FDI and Ongoing Cooperation
  • Sahit Muja Launches Trillion-Dollar Green Revolution with 10 Groundbreaking Cryptos
  • Free and Low-Cost Dental Care Now Available in London Through the Canadian Dental Care Plan (CDCP)
  • Garden State Gay Socials Turns One: 1st Birthday Celebration for Gay Men Who Want Real Connection
  • Sea Fox® 368X "Extreme Edition" by Black Label Marine Group Celebrates 5 Years of the Commander Legacy
  • CCHR Florida: Mental Health Awareness Month Open House
  • Introducing LĪNA Universal Balm: A Luxury Multi-Use, Plant-Powered Solution for Skin & Hair
  • UIFCA Revolutionizes Financial Education with Elite Team of Investment Experts
_catLbl0 _catLbl1

Popular on ncarol.com

  • 11th annual Florida Blueberry Festival April 26 & 27, 2025 - 169
  • Village Vapes and Cooking 4 Autism Announce Inaugural Partnership at MEGA 420 EVENT - 161
  • Perfect Body Laser & Aesthetics Launches New Website - 119
  • New Blog Post Shares the Ultimate List of Free Resources to Help Artists Make a Comic - 105
  • The Ultimate Med Spa Growth Engine: PatientNow and Aesthetix CRM Announce Strategic Integration - 101
  • Rising Pop R&B Sensation Leon Zellers to Release New Single "Wanna Know" on April 11
  • North American Security Launches New Website to Reflect Evolving Industry Demands and Client-Centered Solutions
  • The World's No.1 Superstar Champions the NO FAKES Act – Secures Global Identity and Cultural Legacy
  • 19th Annual High Performance Home Tour Will Feature Green Certified Homes Throughout The Triangle
  • Artist Séfora Camazano Honored with Prestigious Prize "The New Great Masters in New York"

Similar on ncarol.com

  • NBA Champion Lamar Odom Launches Anti-Addiction Meme Coin, Ushering in a Disruptive Innovation in Web3
  • Cybersecurity is Protecting Your Personal Information and Your Portfolio
  • The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
  • $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
  • SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
  • Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
  • Jay Tapp was named Managing Director in British Columbia
  • 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
  • NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027
  • New Book 'Cybersecurity Leadership' Guides SME Leaders to Make Smart, Strategic Security Decisions
Copyright © 2025 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute