Turning Rock Partners, a private investment firm based in New York, announced the realization of its investment in Bay West LLC (the “Company”), a diversified environmental remediation and industrial services company based in St. Paul, Minnesota. Turning Rock’s structured loan to the company was fully realized through a refinancing of its obligations in December 2020.

Saba Ahmad, Partner at Turning Rock, said “Turning Rock was able to provide a structured debt solution for the Company to support growth. Through a capital investment and beneficial insights from our network, we were able to develop a strong working relationship with Bay West, its management team and its White Oak investor group. The Company demonstrated exceptional leadership during 2020 and managed its operations extremely well during the pandemic across both commercial and government clients. We thank Bay West for a successful outcome.”

Dave Anderson, CEO of Bay West, added “we thank TRP for its engagement and support, as we led the company through both exceptional growth, and in response to the COVID-19 pandemic. TRP has always been a ‘seek-first to understand’ capital partner, which we appreciate a great deal.”

Turning Rock Partners (“TRP” or the “Firm”) targets debt, equity and hybrid investments in underserved or capital constrained lower-middle market businesses in North America. TRP structures bespoke financing solutions for companies across the private market landscape.

The White Oak Group is a private investment firm founded in 2002. White Oak has significant industry operational experience as senior executives in both large and small organizations. White Oak is based in Atlanta, Georgia.

Headquartered in St. Paul, Minnesota, Bay West is a nationally recognized environmental consulting and remediation company with a 40 year operating history.