Class VI Partners (formerly CapitalValue Advisors “CVA”) is pleased to announce the acquisition of BLUEFIN, LLC (“BLUEFIN”) by EMEX Holdings, LLC (“EMEX”), a portfolio company of 02 Investment Partners, LLC (“02”).
“Richard and his team have built an excellent organization by driving substantial cost savings and facility cost predictability to their customers in the facility management space and have found a great partnership in EMEX and 02; we are fortunate to have worked with the BLUEFIN team over the past several months and are excited for their future with EMEX.” said David Tolson, Class VI Managing Director.
“As we approached the sale of our business, we interviewed a number firms before selecting Class VI; their approach to setting goals, assembling the initial pitch and Confidential Information Memorandum, running the auction, building the data room, and driving to close were all clearly presented so we knew what to expect. The Class VI team, particularly, Aaron and Hannah were a real pleasure to work with. They were extremely well organized, and the quality of the work was exceptional. The communication was timely, complete, respectful, and reassuring as we went through the process. David was highly effective in both negotiating and helping our team understand any issues and navigating through the process. Bottom line, we closed a deal that we are excited about with both financial and business terms that met our needs. I would highly recommend Class VI and would be happy to discuss this with any potential customer in a similar situation.” said Richard Rast, Founder and CEO of BLUEFIN.
Daniel Marzuola, CEO of EMEX, commented, “BLUEFIN is widely known as the premier facility management solutions provider nationwide, and we are honored to have them on board as we continue our commitment to provide full service offerings to our customer base. Working collaboratively, we see tremendous growth opportunities for our EMEX Holdings companies, while providing superior value to our customers.
BLUEFIN is a national leader in providing software-enabled facility asset management consulting solutions to commercial, government, and institutional facility owners throughout North America. Through its proprietary software solution and custom consulting services, BLUEFIN focuses on roofing, building envelope, pavement, and related energy programs that reduce significant operating and capital costs and improve performance for building owners and operators.
EMEX is a technology-driven service provider that facilitates the brokerage of electricity and natural gas procurement in regulated and deregulated markets across the United States. EMEX’s proprietary enterprise software solution provides an innovative procurement technology that uncovers the lowest rates for electricity and natural gas supply, specifically in commercial and industrial end markets. EMEX’s highly skilled team educates customers about the workings of and options available in the retail electric and natural gas markets in order to ensure the client purchases the most suitable and competitive energy contract.
The transaction closed on August 16, 2019. Faegre Baker Daniels LLC served as legal counsel to BLUEFIN.
About Class VI Partners
Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Advisor with the Securities & Exchange Commission.
Richard Rast, Founder and CEO of BLUEFIN, is a client of Class VI Partners and is not being compensated for sharing their opinion and experience with the firm. Any compensation creates a conflict of interest. Comments by Richard Rast may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.
Additional Disclosures
Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses. Collectively these entities are referred to herein as “Class VI”.
Testimonials may not be representative of the experience of other customers. Any promotion, either via testimonial or endorsement, is unpaid (in cash or non-cash form) and does not guarantee future performance or success. We believe that all information provided is from credible and reliable sources. This information does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations.