LOS ANGELES, October 1, 2020 — Carmelina Capital Partners (“Carmelina,”) a leading private investment firm, announced it has recently completed a significant investment in Bridge Diagnostics, Inc. (“BDI” or the “Company,”) a leading provider of nondestructive evaluation services, monitoring services, and customized instruments to the critical infrastructure market. As part of the transaction, the existing owner-operator team will retain significant ownership and remain with BDI to lead its next phase of growth.
Founded in 1989 and headquartered in Louisville, Colorado, BDI is a leading provider of diagnostic and structural testing, monitoring and engineering services, nondestructive evaluation services, and proprietary instrumentation to the critical infrastructure market. The Company services bridges, dams, roadways, tunnels, buildings, and other heavy civil infrastructure for a diversified, global customer base including federal, state and municipal governments, public and private utilities and agencies, general contractors, and architectural and engineering firms, among others. BDI’s collaborative approach at solving some of the most complex civil engineering challenges allows it “to be the definitive answer, whenever and wherever, civil infrastructure is questioned.”
The transaction marks the continuation of an exciting growth phase for BDI and represents the like-minded approach typical of the Carmelina Partnership Model, an investment philosophy exclusively focused on providing flexible capital solutions that solve for the unique challenges – business transitions, wealth diversification, ownership consolidation and growth capital, among many others – faced by entrepreneurs and owner-operators today.
BDI is a leading provider of nondestructive evaluation services, monitoring services, and customized instruments to the critical infrastructure market, including bridges, dams, roadways, and other heavy civil infrastructure. For more information about BDI, please visit www.bditest.com.
ABOUT CARMELINA CAPITAL PARTNERS
Carmelina Capital Partners is a Los Angeles-based private investment firm that was formed to partner with exceptional founder-led and family-owned businesses. Carmelina has extensive experience partnering with, advising, and growing private companies across a broad range of industries to accelerate growth and drive value creation. For more information about Carmelina, please visit www.carmelina.com.