Frazer Hall is delighted to have provided assistance and strategic advice to Bridge Diagnostics Inc. in connection with its recent investment from Carmelina Capital Partners.

Supporting and Advising Bridge Diagnostics Inc on Private Equity Investment

Carmelina was formed to find and partner with exceptional founder-led and family-owned businesses across the lower middle market. Carmelina seeks to be the most user-friendly and flexible capital partner in the market, with a philosophy grounded in the core tenets of unquestionable professional integrity, a dedicated work ethic and an unrelenting commitment to success. Carmelina is led by two partners who each have over 20 years of experience partnering with, advising, and growing private companies across North America.

Since 1989, BDI has been the premier provider of non-destructive evaluation (NDE), Testing, and Monitoring services for the heavy civil infrastructure market around the world. It has achieved this status by relying on professional experience and constant advancement with expertise that ranges from civil/structural engineering, data analysis, electrical engineering, instrument development, and safety.

Scott Aschermann, President of BDI said:

“Having a trusted partner like Frazer Hall helped minimize my burden as a small businessman in the foreign landscape of Private Equity. Steve Frazer was an excellent sounding board, personal mentor, and owner’s representative. Working across time zones ranging from Greenwich Mean Time to Pacific Standard Time, never once was it too late for the Frazer Hall team to make themselves available in making this transaction happen. The BDI ownership and I are grateful for the tireless efforts and the support the team provided through this transition in BDI’s ever-bright future!”