HALIFAX RECOGNIZED BY BLUWAVE AS A 2025 TOP PRIVATE EQUITY INNOVATOR

WASHINGTON, Feb. 25, 2025 /PRNewswire/ -- Halifax Group ("Halifax") announced today that it received a BluWave 2025 Top Private Equity Innovator Award, which recognizes select private equity firms for exemplary innovation and leadership.

BluWave, which partners with more than 500 leading private equity firms, is the business builders' network that connects the private equity industry with best-in-class talent, industry consultants and service providers. BluWave's fourth annual Top Private Equity Innovator Awards recognize the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship practices.*

"It is an honor to be recognized by BluWave for the fourth year in a row," said Chris Cathcart, Managing Partner at Halifax. "We aim to collaborate with entrepreneurs and managers to develop a fresh and focused strategy that will strengthen the business as it evolves. To do that, Halifax builds on the company's prior successes while marshaling the resources to scale and further position the business for growth. We succeed when our companies become leading, sustainable businesses."

The 2025 Top Private Equity Innovator award recipients were selected by a cross-functional committee that assessed candidates in consultation with a broad universe of limited partners, investment bankers, industry thought leaders and service providers in the private equity ecosystem. The committee evaluated more than 6,000 private equity firms and utilized more than 75 different factors, incorporating more than 400,000 data points.

Private equity firms were assessed across the following criteria:

• Proactive due diligence practices
• Transformative value creation
• Embracement of ESG
• Modern private equity firm operations

"The 2025 top private equity innovators are providing differential leadership in the world of business," said Sean Mooney, founder and CEO of BluWave. "Their innovative practices are strengthening companies, creating jobs and catalyzing our economy."

For further information on the BluWave 2025 Top Private Equity Innovator Awards, including the selection process, selection criteria and recipients, please visit bluwave.net/awards.

About Halifax Group
Founded in 1999, Halifax Group is a private equity firm that partners with managers and entrepreneurs to recapitalize and invest in lower middle-market businesses with total enterprise values generally between $100 million and $300 million. Halifax specializes in equity recapitalizations, corporate carve-outs, and management buyouts and invests across a variety of industries, including health and wellness, outsourced business services, and franchising. The firm is headquartered in Washington, D.C. and maintains an office in Raleigh, NC.

About BluWave
BluWave is the Business Builders' Network for private equity-grade service provider needs. The company's market network platform combines AI, technology, and data with concierge-like consultative support to expertly connect businesses with differential providers across due diligence, value creation, and prep for sale. The BluWave Vetted™ network is an invite-only, pre-certified ecosystem of top-tier service-providing groups, independent consultants, and interim executives. Based in Nashville, Tenn., BluWave ranks as one of America's fastest-growing companies and today serves many hundreds of leading private equity firms and thousands of proactive companies.

Contact:
Joanne Lessner
Lambert by LLYC
212-222-7436
[email protected]

*BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms evaluated or recognized under the PE Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. BluWave, however, may otherwise provide services to the PE firms and/or portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave's review of the more than 6,000 PE firms in the U.S. and Canada, from which the private equity firms were selected as award recipients.

SOURCE The Halifax Group