Broadwing Capital Management | Stephens

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Financial Advisor

Broadwing Capital Management

Value Not Disclosed 03/14/2024 Diversified Industrials & Services Complete
Financial Sponsors, Family Office Advisory
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Transaction Details

  • On March 27, 2024, Broadwing Capital Management LLC (“Broadwing”), in partnership with Davidson Kempner Capital Management LP (“Davidson Kempner”), announced a strategic growth investment in Upchurch Companies (“Upchurch”).
  • This strategic investment will provide resources to help Upchurch drive innovative operational improvements, capture future growth opportunities and expand its footprint organically and via acquisitions. It will also further strengthen Upchurch’s position for future strategic partnership opportunities, both in existing and prospective markets.

About the company

Upchurch Companies
Upchurch Companies is a leading family-owned regional mechanical, electrical and plumbing (“MEP”) service provider based in Mississippi. It has been owned and operated by the Upchurch family since its founding in 1970 by Vennis Upchurch.

Broadwing Capital Management
Broadwing Capital Management LLC is a Dallas-based private equity firm focused on first-time institutional capital opportunities in the manufacturing and services sectors. Broadwing actively partners with management teams to build resilient investment platforms utilizing broad operational resources, including its systematic approach to value creation, the Broadwing Playbook. The Broadwing team has completed more than 70 acquisitions and deployed approximately $750 million of equity. More information can be found at:

Davidson Kempner Capital Management LP
Davidson Kempner is a global investment management firm with over 40 years of experience and a focus on fundamental investing with a multi-strategy approach. Davidson Kempner has more than $37 billion in assets under management and over 500 employees across seven offices: New York, Philadelphia, London, Dublin, Hong Kong, Shenzhen and Mumbai.

Source: Company Press Release
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    "Stephens" (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. © 2024 Stephens.

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