Our Approach to Making Sound Investment Decisions

Investment Philosophy

  • Invest in companies whose businesses we can understand and impact and where we can deliver sustainable improvements in governance and profitability
  • Partner with seasoned management teams whose incentives are aligned with Blue Creek’s
  • Emphasize preservation of capital when structuring investments
  • Drive returns primarily through revenue growth and operational improvements as opposed to financial engineering
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SunSource, Inc.

SunSource, Inc. (“SunSource”) is a leading distributor of fluid power components and provider of complementary value-added services, including engineering, design, assembly, repair, and technical training to a highly diversified group of end‑markets.

Investment Criteria

Management Profile

  • Existing management team with a proven track record or an experienced CEO/partner
  • Significant management ownership

Company Characteristics

  • EBITDA up to $3.0 million for platform acquisitions; add-on acquisitions of any size considered
  • Diversified customer base and product/service offering
  • Low seasonality and cyclicality preferred
  • Stable or growing cash flows
  • Opportunities for growth through acquisition
  • Strong, defensible competitive position in a stable or growing industry
  • Differentiated products, services, and/or brands
  • Identifiable value creation characteristics, preferably through investment in sales and marketing and growing product lines

Industry Characteristics

  • Fragmented industries with an opportunity to emerge as the market leader through organic growth or acquisitions.
  • Will consider any industry that meets our criteria; however, we have experience in the following industries: business services, distribution & logistics, consumer products, government contracting, education, health care, industrial manufacturing and eCommerce.

Geography

  • Platform companies based in the Mid-Atlantic, Northeast, and Southeastern United States
  • Add-on acquisitions can be anywhere in the United States or Canada

Transaction Structure

  • Control or Significant ownership position.
  • Debt, Convertible Debt, Preferred Equity, Common Equity

We do not invest in start‑ups or early‑stage businesses.

Our Team

Learn more about the managing partners of Blue Creek Equity Partners. Our experience and track record speaks for itself.

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The Hillman Group

The Hillman Companies, Inc. (“Hillman” or the “Company”) is a leading distributor of fasteners, key blanks, letters, numbers, signs, and other related hardware items. Hillman also provides value-added merchandise managing services such as reviewing and replenishing stock levels.