Cambridge Wilkinson has launched an affiliate, BCB Equity Partners, an independent private equity firm that will pursue control and buyout transactions in the lower middle market. The geographic focus of BCB will be North America initially.
BCB will be led by David Barcus as CEO; the co-founders of Cambridge Wilkinson, Rob Bolandian and Howard Chernin, will serve as co-chairmen.
BCB will pursue companies with EBITDA ranging from $5 million to $50 million, targeting enterprise values of $20 million to $250 million across six verticals: consumer goods; basic manufacturing; retail; mining and energy services; renewables; and transportation, distribution and logistics.
Barcus joined Bolandian and Chernin at BCB, following a 30-year career in leveraged finance, project finance and high-yield capital markets. He was previously affiliated with independent sponsor firm MTN Capital Partners, along with prior roles at Raymond James, BBVA, Knight Capital, BNP Paribas and B