Bennet Grill

Bennet Grill is a Partner at Blue Wolf Capital Partners, where he serves as Head of Industrials and Chair of the firm’s ESG Committee. Blue Wolf describes itself as a middle-market private equity firm focused on healthcare and industrial companies, with a strategy centered on transformational change, operational improvement, complex labor and human-capital issues, government/regulatory exposure, and ESG-informed value creation.

Grill first joined Blue Wolf in 2012 as an Associate after working as an analyst in Citi’s Mergers & Acquisitions group. Before rejoining Blue Wolf in 2017 as a Vice President, he spent time at Ipreo, a Blackstone and Goldman Sachs portfolio company providing software solutions to alternative asset managers, and was the first employee and a Vice President at Gemspring Capital.

He was promoted to Principal in January 2019 and to Partner in January 2024. Blue Wolf says he has been instrumental in some of the firm’s largest transactions across both the industrials and healthcare practices. His current and disclosed board roles include The State Group, LOGISTEC Corporation, Twin Rivers Paper Company, Fox Rehabilitation, Mid-Atlantic Mechanical/KDB, and RHA Health Services.

Grill received a B.S. in Economics from Duke University and is a member of Duke University Financial Partners. His LinkedIn profile also lists Duke University education from 2006 to 2010 and volunteer involvement with Duke University Financial Partners.

• Blue Wolf targets “investment opportunities involving significant transformation” where it can apply operational and commercial excellence, government relations, and human-capital capabilities.
• The firm primarily seeks control equity positions in middle-market companies in niche healthcare and industrial sectors, while also considering co-control investments with select partners.
• Blue Wolf’s stated investment criteria include $100+ million revenue, $10+ million EBITDA, $100 million to $1.5 billion enterprise value, and $75 million to $500 million of equity investment required; it may consider smaller initial investments for platforms with defined growth or consolidation plans.
• Sector focus is concentrated in healthcare and industrials, including healthcare services, healthcare products and devices, pharmaceutical supply chain, building and forest products, industrial and engineering services, and niche manufacturing/distribution.
• The firm looks for situations where complexity is part of the value-creation opportunity: carve-outs, mergers/integrations, labor or union dynamics, regulatory exposure, government incentives, ESG programs, operational improvement, and ownership transitions.
• Geography is primarily the U.S. and Canada, with selective European platform investments and global add-ons.