Blue Heron Capital has successfully exited its investment in STARC Systems, a Maine-based market leader in reusable temporary containment solutions for occupied renovations. STARC was acquired by North Branch Capital, a preeminent private equity firm focused on investing in industrial businesses with strong growth potential.
Founded in 2012 by entrepreneur Tim Hebert and led by President and CEO Chris Vickers, STARC has grown significantly during Blue Heron’s investment period. In 2017, Blue Heron led a $3.5 million Series A investment in STARC to accelerate growth and expand into adjacent markets. During the last five years, STARC brought three category-leading temporary construction wall solutions to market and experienced 38% compounded annual growth. Today, STARC is the market leader in temporary modular wall containment solutions.
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