KLH Capital is pleased to announce that it has partnered with the management team of BluSky Restoration(“BluSky”) to complete a recapitalization of the business.
BluSky, based in Centennial, CO, provides commercial, industrial, governmental, and multi-family restoration, renovation, environmental, and roofing services with an emphasis on commercial, large losses, and emergency restoration services across the continental United States. BluSky has developed a strong brand and a stellar reputation within its industry for providing a high-quality work product and maintaining exceptional customer service.
The company has been named to the Inc. 5000 Honor Role for making Inc. Magazine’s list of the Fastest Growing Private Companies for five years straight. BluSky has also been recognized as a Best Company to Work for in Colorado six times and was on the inaugural list of the fifty Colorado Companies to Watch. Founder Terry Shadwick was also an Ernst & Young Desert Region Entrepreneur of the Year finalist three times.
The partnership with KLH Capital will enable one of the country’s leading restoration, renovation, environmental, and roofing contractors to accelerate its growth and continue to expand its service offerings throughout the United States . “I am excited for the opportunity this recapitalization and partnership will provide for our employees, customers, and industry partners” says BluSky founder Terry Shadwick; “and KLH was the perfect fit to ensure our values and brand remain the platform for our rapid growth and market expansion.”
“What we love about BluSky is their exceptional management team, culture, values, and core processes” said Will Dowden, Partner at KLH Capital. “It is rare to find so many qualities in a company the size of BluSky. We believe that BluSky is in a perfect position to grow organically, as well as through acquisition, and we look forward to supporting management’s plans for the business in the years to come.”
ABOUT KLH
KLH Capital is a fully capitalized SBIC-licensed private equity firm which currently manages $165 million in capital. During our nearly 30-year business tenure, we have successfully completed more than 130 transactions, including recapitalizations, management buy-outs and buy-ins, family successions and retirement transitions, and corporate divestitures.