We are pleased to announce that Obsidian Point Partners has successfully completed its acquisition of Indiana Earth, Inc., (“Indiana Earth”), a full-service excavation and site development contractor based in northern Indiana. Halifax West® acted as exclusive buyside financial advisor and made a co-investment as part of the acquisition.

Sponsor Spotlight is a Halifax West series profiling the independent sponsors we partner with. Each piece looks at how a sponsor sources and builds in the lower middle market. This installment features Obsidian Point Partners, a New York-based independent sponsor focused on acquiring family-owned small and medium-sized businesses across North America. Halifax West recently advised Obsidian Point Partners on its acquisition of Indiana Earth, Inc., a full-service excavation a

For independent sponsors operating in the lower middle market, the implications run well beyond geography. Dallas is showing what a deal-by-deal ecosystem looks like when capital, operators, lenders, and target companies sit in close proximity.