Transaction Overview
- Represented Bay West Inc. on its sale to The White Oak Group.
- Bay West, Inc., based in St. Paul Minnesota, is a provider of nondiscretionary environmental remediation services to a broad range of customers including government agencies, municipalities, and industrial businesses across the United States.
- Bay West received a majority investment from The White Oak Group from Atlanta. White Oak is an SBIC that specializes in government related businesses. They were attracted to Bay West because of its comparative high profit margins, track record of growth, and an outstanding reputation in the marketplace.
Key Observations
- At the time of sale, the owners were seeking to diversify their net worth while also identifying a good long-term partner as maintaining company culture was critical.