Torch Hill Makes Major Investment in Blue Hackle Group
WASHINGTON, Jan. 5, 2011 /PRNewswire/ -- Torch Hill Investment Partners, a DC-based investment fund, today announced a major investment in Blue Hackle Group, an American firm specializing in risk mitigation and risk management.
The recently-completed transaction gives Torch Hill investors a substantial stake in the private firm.
Torch Hill combines financial expertise and unrivaled security sector knowledge to manage its investments. Blue Hackle provides turn-key security services to corporations, non-profits, and government agencies globally, including the Middle East, Central Asia, Africa, and elsewhere. The firm's Board of Directors includes General (Retd) Sir Jeremy Mackenzie GCB OBE, former Deputy Supreme Allied Commander Europe, and retired US General John Abizaid, former CENTCOM Commander.
Torch Hill Chairman George Lund characterized the investment as "directly in line with our long-term investment strategies and a major addition to our growing portfolio." Michael Raper, co-founder and Blue Hackle Group CEO, added "We see this investment as a validation of our unique approach and unrivalled track record."
Blue Hackle is a leading security firm in Iraq and Afghanistan, providing a full suite of security, intelligence, and risk mitigation services. Blue Hackle is renowned within the private security sector for pioneering the 'low profile' approach to PSD (secure transportation for executives) and for devising and implementing sophisticated and culturally sensitive security plans to protect critical infrastructures in extremely hostile and complex environments. "It was this unique approach," added Lund, "which first drew the attention of our investment partners."
"Blue Hackle is a valued contractor to the US government providing services to DOD, DOS, US Mil, and USAID," said Tony Koren, President of Blue Hackle North America, "and has always operated with the highest standards of transparency, professionalism, and ethical behavior."
Torch Hill provides growth capital to domestic and international companies that play vital roles in supply chain integrity, defense, intelligence, and civil and corporate security. These companies provide products and services that assist governments in meeting security threats and provide solutions to corporations that mitigate risks to their physical and critical information assets.
Investments in Torch Hill's portfolio that complement its stake in Blue Hackle include firms specializing in satellite communications, tactical equipment design and manufacture, integrated intelligence gathering and distribution, and battlefield wound treatment.
For more information on Torch Hill Investment Partners, LLC, please see www.torchhill.com. For more information on Blue Hackle Group, LLC, please see www.bluehackle.com.
Contact: |
|
David Miller |
|
Partner and Head of Investor Relations |
|
Torch Hill Investment Partners |
|
Suite 5100 |
|
2000 Pennsylvania Avenue, NW |
|
Washington, DC 20006 |
|
202.536.1200 |
|
SOURCE Torch Hill Investment Partners
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article