November 23, 2014 10:04 AM ET

Capital Markets

Company Overview of Blue Equity, LLC

Company Overview

Blue Equity, LLC is a private equity and venture capital firm specializing in investments in idea phase, seed/startup, angel, mature business cycle, and in divestments of large public entity. It also makes growth capital investments, buyout, turnaround, industry consolidation, and investments in lower middle market, later stage companies, and add-on acquisitions to complete a organic growth, formal roll-up strategy or horizontal and vertical integration. The firm invests in the form of purchase; equity infusion; recapitalization; debt to equity conversion; and partnership or joint venture. It primarily invests in media, finance, oil and gas, healthcare, defense, manufacturing, art commerce, ...

333 East Main Street

Suite 200

Louisville, KY 40202

United States

Founded in 2004

Phone:

502-589-8181

Fax:

502-588-7150

Key Executives for Blue Equity, LLC

Managing Director and Chairman
Age: 47
Executive Vice President and Chief Operating Officer
Vice Chairman
Age: 63
Director of Business Development
Compensation as of Fiscal Year 2014.

Blue Equity, LLC Key Developments

Blue Equity, LLC Terminates Management Agreement with Industrial Services of America, Inc

Under the terms of a Management Services Agreement that Industrial Services of America Inc. and Blue Equity, LLC entered into on April 1, 2013, Blue Equity provided the company with day-to-day senior executive level operating management supervisory services. At the time the parties entered into the Management Agreement, the company issued 125,000 shares of its Common Stock to Blue Equity at a per share purchase price of $4.00, and granted options to purchase 1,500,000 shares of its Common Stock to Blue Equity at an exercise price per share of $5.00, subject to shareholder approval. At the annual meeting of shareholders of Industrial Services of America Inc. on July 16, 2013, shareholders voted not to approve the options to purchase 1,500,000 shares that had been granted to Blue Equity, LLC, and the options terminated. Following the failure of the company's shareholders to approve the option grant, Blue Equity delivered a letter to the company stating that it was terminating the Management Agreement. Blue Equity has also demanded payment of a monthly management fee of $85,000, along with reimbursement of out-of-pocket expenses, through July 31, 2013. In addition, Blue Equity has notified the company of its intention to exercise its right to cause the company to redeem the 125,000 shares of Common Stock for $4.00 per share, the price at which Blue Equity purchased those shares, payable on September 30, 2013.

Industrial Services of America, Inc. Announces Exclusive Management Contract with Blue Equity, LLC

Industrial Services of America Inc. announced that it has entered into a management agreement with Blue Equity, LLC. For a 12 month term beginning April 1, 2013, Blue Equity will provide management services to Industrial Services of America Inc., including working with ISA's existing management team to review operations and identify opportunities for growth and profitability. ISA's Board of Directors considers Blue Equity's role as a key to ISA's future plans to develop and improve upon its core business operations, enhance the current platform, secure strategic alliances and to diversify corporate holdings in domestic and international markets.

Similar Private Companies By Industry

Company Name Region
Adler & Company, Inc. United States
Source Trading, Inc. United States
Windsor Advisory Services LLC United States
FinanStar Group, LLC United States
Raskob Kambourian Financial Advisors, Ltd. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 14, 2014
Artspace.com Markets, Inc.
Private Placement
December 31, 2013
Gilford Flooring, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Blue Equity, LLC, please visit www.blueequity.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.