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Rock Hill Capital sells Blackhawk Specialty Tools

Rock Hill Capital Group has sold its ownership position in Blackhawk Specialty Tools to Bain Capital and Blackhawk management.

 
Rock Hill invested in Blackhawk in February 2010 to provide the company with growth capital to expand its markets and product offerings.
 
“We are pleased to have had the opportunity to work with the Blackhawk team and its CEO Billy Brown through an exciting and dynamic growth period for the company,” says Randall Hale, founder and managing director of Rock Hill. “We enjoyed our relationship with the Blackhawk team and could not have asked for better partners. We wish them continued success.”
 
“Rock Hill was instrumental in helping our company and our management team grow successfully as we entered new markets, expanded our product lines and broadened our customer base,” says Brown. “They were a steady hand during some exciting times and I would highly endorse them as an investment partner to others.”

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