Blue Equity

Blue Equity, LLC is a private equity and venture capital firm established in 2004 and headquartered in Louisville, Kentucky, with additional offices in New York and Mexico City. The firm specializes in investments across various stages, including idea phase, seed/startup, and mature business cycles, as well as divestments of large public entities. Blue Equity focuses on growth capital investments, buyouts, turnarounds, and industry consolidation, primarily targeting lower middle market and later-stage companies. The firm seeks to acquire controlling interests in its investments, typically ranging from $0.1 million to $50 million, and often collaborates with existing management teams to enhance business performance. Its diversified portfolio spans numerous sectors, including distribution, media, hospitality, healthcare, and sports. Blue Equity aims to help enterprises realize their developmental potential through strategic partnerships and investment, contributing to both short-term stability and long-term growth.

Jonathan Blue

Founder, Chairman and Managing Director

Edward H. Harrison III

Executive Vice President

12 past transactions

Gopuff

Private Equity Round in 2021
Gopuff is a Philadelphia-based delivery service founded in 2013 by Yakir Gola and Rafael Ilishayev. Initially launched as a snack delivery platform, it has evolved into a comprehensive provider of everyday essentials, offering items such as over-the-counter medicine, baby food, cleaning supplies, snacks, and alcohol in select markets. Operating 24/7 in major urban areas, Gopuff allows customers to browse and order products quickly through its mobile app, with deliveries typically completed within minutes. The company's strategically located facilities enable it to offer affordable delivery services, charging a flat fee for orders. Gopuff has also demonstrated its commitment to community support by contributing to causes such as COVID-19 relief for hospital workers and matching donations to local organizations.

Napoli Management Group

Acquisition in 2017
Napoli Management Group is one of the largest broadcast talent representation firms in the country. They represent television news anchors, reporters, weathercasters and sportscasters in all of the major television markets in the country, at the ABC, CBS and NBC television networks as well as on CNN, FOX, MSNBC, CNBC. NMG represents 550 of the most talented broadcasters in the country. Their clients work at all levels of the media, from small and medium-sized markets to some of the highest positions in the industry. Some of their clients include: Rachel Maddow, Chris Hayes, Ron Reagan, Eugene Robinson, Michaela Pereira, and Brian Rooney. The NMG team of representatives, Mendes J. Napoli, Laurie Jacoby, David Ahrendts, Jean Sage, Sue McInerney, Liz Sherwin, Liz Hart, Al Corral and Gary Brown, all bring a wealth of experience and diverse backgrounds to the company. They each represent their own group of broadcasters, and work together to maximize their contacts and share resources and information that benefit all. Napoli Management Group’s extensive network of contacts with management on all levels in the television broadcast industry guarantees access to confidential job opportunities and a wealth of information that helps their clients.

Liquor Barn

Acquisition in 2017
Liquor Barn is a Canadian-based operator of retail liquor stores. The Company operates over 200 stores in Canada, over 20 stores in Alaska and 3 stores in the Connecticut/New Jersey area. The Company's Liquor Stores primarily operate under the brand names Liquor Depot, Liquor Barn, and Wine and Beyond in Alberta; Liquor Depot and Wine Cellar in British Columbia and Brown Jug in Alaska. The stores in New Jersey operate under the name Joe Canal's Discount Liquor Outlet. Stores in Canada generally range in size from 2,000 to 5,000 square feet. Its stores in Alaska range in size from 1,400 to 14,000 square feet. It has combined store and warehouse premises in Alaska of over 40,000 square feet.

Two Twelve Management

Acquisition in 2017
Two Twelve Management LLC, founded in 2004 and based in New York, is a boutique management firm specializing in chef representation, advisory, and consultancy services. The company is recognized as a premier provider in the industry, representing a diverse array of chefs and culinary stars. Through its comprehensive services, Two Twelve Management aids these culinary professionals in building their brands and navigating the complexities of the food, beverage, and hospitality sectors.

3 Kings Entertainment

Acquisition in 2016
3 Kings Entertainment is a full-service talent representation firm specializing in broadcast news, sports, and media. With over 20 years of experience, the company represents a diverse range of on-screen personalities, including broadcasters, anchors, studio hosts, sportscasters, reporters, commentators, journalists, analysts, executives, and coaches. The firm focuses on identifying, developing, positioning, and guiding the careers of its clients across various platforms, including broadcasting, cable, and new media. Through its comprehensive services, 3 Kings Entertainment aims to elevate the profiles of its talent in a competitive industry.

Gilford-Johnson Flooring

Acquisition in 2016
Gilford-Johnson Flooring operates as a flooring distributors. Gilford-Johnson Flooring is uniquely positioned to offer product diversification and exclusive brands to customers in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, and Tennessee. Plans for the future are to expand the business with acquisitions, new partners and new product lines to become one of the leading distributors in the nation.

Mukan Resort

Private Equity Round in 2015
Mukan Resort is the only luxury resort located in Mexico’s Sian Ka’an Biosphere Reserve. Approximately 37 km from the beach town of Tulum, its remoteness is central to its charm, combining privacy and exclusivity against a tropical backdrop.

Angel's Envy

Private Equity Round in 2013
Angel's Envy is a craft bourbon brand founded by renowned master distiller Lincoln Henderson. Located in Kentucky, the company focuses on producing super-premium bourbon using traditional methods. The bourbon undergoes an aging process that lasts four to six years in American white oak barrels, followed by an additional three to six months in hand-selected port casks. This unique aging process enhances the spirit's flavor profile, as it interacts with the charred wood during the seasonal temperature changes. In addition to bourbon, Angel's Envy also produces handcrafted whiskey and cocktails, emphasizing quality and craftsmanship in its offerings.

Artspace

Series A in 2012
Artspace is an online marketplace based in New York that specializes in contemporary art. It enables collectors to purchase artworks directly from leading commercial galleries, prestigious cultural institutions, and non-profits. The platform features a diverse range of art forms, including prints, photography, painting, sculpture, and design items. Artspace collaborates with renowned artists to commission exclusive limited editions, enhancing the offerings available to collectors. Its mission focuses on helping both aspiring and experienced collectors discover, learn about, and acquire art while also supporting artists and the institutions that promote their work. Many of the sales on Artspace contribute to these institutions and artists, helping them reach wider audiences globally.

Globecomm

Private Equity Round in 2012
Globecomm Systems, together with its subsidiaries, provides satellite-based communications infrastructure solutions and services. The company provides pre-engineered systems; systems design and integration services; and access, hosted, and lifecycle support services. It supplies infrastructure solutions for satellite-based communications, including hardware and software to support a range of satellite systems. The company's infrastructure solutions comprise the design, engineering, integration, and installation of ground segment systems and networks, which are deployed in communications networks to support a range of network applications and facilitate ‘quadruple play' services consisting of video, data, voice, and wireless communications. It offers end-to-end managed network services and life cycle support services, such as installation, network monitoring, help desk, maintenance, and professional engineering services. The company offers its products and services to communications service providers, government and government related entities, commercial enterprises, broadcasters, and other media and content providers. Globecomm Systems Inc. was founded in 1994 and is headquartered in Hauppauge, New York.

Island Ice & Beverage

Private Equity Round in 2008
Island Ice & Beverage Company Limited is a manufacturer based in Jamaica that specializes in packaged ice and beverages. Established through the merger of two prominent manufacturing entities, it traces its roots back to the Kingston Ice Making Company, founded in 1884. The company produces a variety of products, including block ice, orange juice, natural and artificial fruit-flavored drinks, and bottled water. Additionally, it supplies hospitality ice for hotels, cooling ice for restaurants and party services, as well as bulk ice for the fisheries and poultry industries. With a long history in the ice production sector, Island Ice & Beverage plays a significant role in catering to diverse market needs in Jamaica.

Enlace Spanish Yellow Pages

Private Equity Round in 2003
Enlace Spanish Yellow Pages is a publisher of Spanish language telephone directories.
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