Bluejay Capital Partners, LLC (“Bluejay Capital”), a specialist in logistics and transportation industry investing, has completed its acquisition of Pacific West, LLC (“Pacific West”), a leading niche rail and industrial services business serving the western United States. Terms of the transaction were not revealed.
“Pacific West has an exceptional track record serving industries that Bluejay Capital knows very well. The strong team at Pacific West, coupled with the Bluejay Capital team’s network of industry relationships creates a powerful combination. We are ready to get to work helping Pacific West continue to provide great service and grow,” said Josh Putterman, founding partner of Bluejay Capital.
Dustin Hall, Chief Operating Officer of Pacific West, who retains a meaningful ownership stake in the business, expressed his eager outlook for the company’s future.
“Our partnership with Bluejay Capital marks the beginning of an important chapter of growth for our company and our dedicated employees. We are proud of what we have created and accomplished over the past 30 years and are excited to build upon that history, advancing our industry-leading position, expanding our market reach and broadening the scope of work and services we provide,” said Hall.
Bluejay financed the transaction with Southfield Mezzanine, which provided debt and an equity co-investment.
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