Blake and Pendleton

Through its 12 full-service branches in six states, Blake & Pendleton is the Southeast’s leading independent distributor of compressed air equipment and provider of compressed air audit, automation, and flow control services. The Company was founded in 1971 in Macon, Georgia.



Press Release Excerpt

We are pleased to announce that Brookwood Associates assisted Blake & Pendleton in a financing that resulted in the management team acquiring majority control from a private equity fund. Brookwood advised management on the pros and cons of various financing options and led an extensive marketing process to determine the best capital structure. Five Points Capital provided the subordinated debt and minority equity financing for the transaction.

Headquartered in Macon, GA, Blake & Pendleton is the leading independent distributor of air compressor systems in the Southeast. B&P’s iZ Systems and Case Controls divisions are the leading providers of compressed air audit, automation, and flow control services in the U.S.

This transaction illustrates Brookwood’s ability to assist its clients with a full range of capital options, including senior debt, subordinated debt, and equity. The B&P transaction also extends Brookwood’s extensive experience with value-added industrial distributors.

About Blake & Pendleton: Through its 12 full-service branches in six states, Blake & Pendleton (www.blakeandpendleton.com) is the Southeast’s leading independent distributor of compressed air equipment and provider of compressed air audit, automation, and flow control services. The Company was founded in 1971 in Macon, Georgia.

About Brookwood Associates: Brookwood (www.brookwoodassociates.com) is a leading independently-owned investment bank based in Atlanta and Charlotte. The firm offers merger, acquisition, corporate financing, restructuring, fairness opinion and other related advisory services to clients across several industry sectors.