Blue Sea Capital Takes Major Step by Acquiring MicroCare Holdings
Blue Sea Capital Acquires MicroCare Holdings
Blue Sea Capital, LLC, a distinguished private equity firm, recently announced its acquisition of MicroCare Holdings, LLC, a leader in precision cleaning solutions. This move signals Blue Sea's commitment to investing in growth-oriented companies within the lower middle market.
MicroCare, headquartered in New Britain, Connecticut, is renowned for producing innovative consumables tailored for critical cleaning applications in various sectors, including healthcare, aerospace, defense, and electronics. With a strong international customer base serviced from seven facilities in the U.S., U.K., and Asia, MicroCare's reputation is built on delivering superior quality and reliability.
Leadership at MicroCare
The company has thrived under the guidance of CEO Tom Tattersall, who is recognized for his extensive experience and strategic vision. Tattersall has played a pivotal role in expanding MicroCare's brand portfolio and strengthening its management team. Since assuming leadership, he has also orchestrated two significant add-on acquisitions, positioning MicroCare for sustainable growth.
In collaboration with Blue Sea Capital, MicroCare aims to accelerate its organic growth trajectory, stimulate new product development, and pursue complementary acquisitions, all without losing sight of its customer-centric business approach.
Enhanced Growth Potential
Drew Koeneman, a representative from Blue Sea Capital, emphasized the promising foundation that Tattersall and his team have created for future success. Koeneman expressed excitement about partnering with such a talented organization and reiterated Blue Sea's commitment to providing the necessary support and resources to help MicroCare achieve its strategic goals.
Tom Tattersall echoed this sentiment, stating that the partnership with Blue Sea Capital would catalyze MicroCare's growth while continuing to deliver the advanced solutions their customers have come to expect
Blue Sea Capital executives also noted that MicroCare's established relationships with premier global clients and its impressive track record set it apart in the industry. Scott Kirkendall of Blue Sea Capital highlighted the trust MicroCare has built through consistent performance, reinforcing confidence in the company's future prospects.
In addition to its innovative cleaning products, MicroCare is committed to advancing environmental sustainability—a commitment that adds another layer of appeal to its market position. Rick Wandoff from Blue Sea Capital remarked on the company's strong proprietary brand portfolio and its focus on research and development, suggesting that this combination positions MicroCare as a uniquely compelling platform for future growth.
About MicroCare
Founded in 1983, MicroCare has established itself as a frontrunner in the precision cleaning industry. With a strong emphasis on safety and sustainability, the company is dedicated to developing solutions that meet strict industry standards and environmental regulations. MicroCare's robust portfolio of brands includes MicroCare Medical, Sticklers Pro360, Tergo, Duraglide, ACID Magic, SpecClean, and more.
The diverse applications of MicroCare's products span across critical industries, demonstrating the company's commitment to innovation and excellence. With over 130 full-time employees globally, MicroCare is poised to continue its leadership in precision cleaning.
About Blue Sea Capital
Blue Sea Capital, headquartered in West Palm Beach, Florida, specializes in private equity investments in growth-oriented companies valued up to $500 million. With more than $1.5 billion in assets under management, Blue Sea typically invests in various sectors, including aerospace, defense, healthcare, and industrial growth. The firm prides itself on partnering with exceptional leaders and distinctive companies, providing the strategic value essential for driving growth and transformation.
In conclusion, the acquisition of MicroCare Holdings by Blue Sea Capital represents a strategic alignment of both entities, promising an exciting future filled with growth, innovation, and sustainability-driven practices that are set to enhance industry standards.