Prospect Partners teamed with management to recapitalize Blackwood Solutions, Blackwood Resources and related entities (together, “Blackwood”) in May 2022. Blackwood is a leading utility services provider offering specialty transportation, logistics management, recycling, and disposal services to its customers. Its customers include electric utilities, manufacturers and major storm-response contractors. Specific services Blackwood performs include: Wood pole, pallet and reel recycling, new pole hauling, utility right-of-way clearing, rail terminal transloading, and inventory management services.
| Website: | https://www.bwoodsolutions.com/ |
| Prospect Team: | Brett Holcomb, Colin O'Donnell |
| Transaction Type: | Recapitalization |
| Growth Strategy: | Niche Leader |
| Investment Date: | May 2022 |
| Industry: | Infrastructure Services & Logistics |
| Sector: | Specialty Service (B2B) |
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