(LAFAYETTE, La.) — BlackRose Advisors, LLC (BlackRose) announced the successful sale of two businesses, BWB Controls, Inc. and J & B Services. BlackRose served on the sell side of the BWB Controls, Inc. transaction and on the buy side of the J & B Services transaction. Both transactions’ full financial terms are undisclosed.
Eddie Laborde from BWB Controls commented, “My experience with BlackRose Advisors was a very coordinated effort to reach a stated goal. There was no hurdle too high for Ken and Stanley and their efforts were relentless.” BlackRose is proud to work with passionate entrepreneurs and investors throughout the process of their merger or acquisition.
“These two closings represent our third and fourth closed transactions of the year,” says Ken Miller, founding partner of BlackRose. “We have added staff and two additional account executives to expand our bandwidth and footprint.”
BlackRose has hired two experts in their fields, Raul Gonzalez, Jr. of South Texas as Vice President of Business Development and David R Benoit of Louisiana as Senior Energy Consultant. With more staff onboarding planned, 2018 will close as a banner year for BlackRose.
BWB Controls, Inc., established in 1971 is a privately-owned and operated manufacturing facility servicing the oil and gas industry. BWB Controls is a modern facility located in Houma, La. The company specializes in the design and manufacturing of high quality, pneumatically, hydraulically, and electrically operated surface safety components. Its processes include machining, milling, assembly, and testing. The end users of BWB Controls products are primarily involved in upstream, midstream and downstream oil and gas operations worldwide.
J & B Services, family-owned and operated since 1986, offers safe, quick, and secure shipping services anywhere in the lower forty-eight States. The company is primarily a van carrier transporting locally, regionally or long-distance, with partners in place to assist with flatbed, tanker and hot shot services.
BlackRose Advisors is a Lafayette-based firm which excels in both buy side and sell side transactions. BlackRose Advisors welcomes the opportunity to discuss client-specific objectives. Founded in 2011, BlackRose Advisors’ core competency is to identify opportunities and close deals. With close to one hundred years of combined experience, BlackRose Advisors works to find the best value and fit for their clients.