Crescendo Capital Partners, LLC (“Crescendo”) is pleased to announce its investment in BD Restoration, LLC (“Blair Duron” or the “Company”) and related entities. Blair Duron is a specialty flooring contractor that services a variety of high-end niche end markets. The Company is based in the heart of the “Research Triangle,” which is known for its significant pharmaceutical, health care and education industries. Blair Duron serves these growing, attractive, and non-cyclical end markets.
Midwest Mezzanine provided debt for the transaction. Management retains an equity position in the Company.
“Dan Conaghan, co-owner of Blair Duron
We are excited to partner with Crescendo. Crescendo’s investment experience in the construction trades is unparalleled and we believe it will help achieve the next phase of growth for the Company. We look forward to this next chapter for Blair Duron.
CL Turner, III, Founding Partner at Crescendo, noted, “We are thoroughly impressed by Blair Duron’s consistent growth and success. In its region, the Company is the premier player in the highly-skilled, niche specialty flooring market.” Principal Brendan Nyhan further noted, “The Company’s expertise has enabled it to develop a significant foothold in the attractive Research Triangle, and we look forward to partnering with Jack McDougall and Dan Conaghan to accelerate the already-promising growth trajectory.”
Founded in 1998 and based in Raleigh, NC, Blair Duron provides installation, resurfacing and repair of specialty flooring, along with coatings and sealants for a variety of high-end niche end markets.
Crescendo invests in middle-market companies at inflection points, bringing capital and scaling skills to unleash latent growth potential. Crescendo has made ~12 acquisitions totaling ~$300M, and has a particular expertise in the construction trades, with 8 such closed acquisitions.