MINNEAPOLIS, April 24, 2025 — Northborne Partners is pleased to announce that it served as the exclusive financial advisor to Restoration Systems (“RSI” or the “Company”) in connection with its recapitalization by Blue Point Capital Partners (“Blue Point”), a middle market private equity firm. Financial terms were not disclosed.
Operating from offices in Minneapolis and Milwaukee, RSI is a leading provider of commercial repair, restoration and preservation services for building facades and parking ramps throughout the Midwest. The Company offers a comprehensive suite of services including brick and stone repair, tuckpointing, waterproofing, concrete repair, traffic coating application and post tension cable repair services. The Company has a 25+ year history of enabling customers across commercial, medical, educational, governmental, and multi-family end markets to effectively maintain their building envelopes.
Blue Point specializes in partnering with entrepreneurs and management teams to invest in and grow lower middle-market companies. The firm focuses on identifying ways to help companies capitalize on growth opportunities with positive impacts for all their stakeholders. With this partnership, RSI is well-positioned to accelerate its growth trajectory, expand its geographic reach and further strengthen its market leadership in facade and structural repair and restoration across the Midwest.
Ben Marks, Managing Director at Northborne, commented, “Commercial building restoration and maintenance continues to be a highly sought-after vertical within the infrastructure and infrastructure services sector, offering critical, non-deferrable services to address the United States’ rapidly aging infrastructure. Under Blake Dronen’s leadership, RSI has developed a market-leading platform in the Midwest and is primed for continued growth with Blue Point as a partner. It was a privilege to work with RSI on this important transaction and to find the right partner to support Blake and his leadership team.”
About Northborne’s involvement, Blake Dronen, President of Restoration Systems said, “The combination of the Northborne team’s deep execution bench from top to bottom, recent experience working with project-oriented businesses like RSI and relationships with high quality private equity investors was vitally important to us achieving a great outcome. We are excited to partner with Blue Point and continue delivering exceptional quality service for our customers and providing exciting growth opportunities for our team well into the future.”
