Business INvesting
Bluhaus small business investment fund
target companies
Profitable businesses with $500,000 to $10 million in EBITDA led by strong and experienced management teams, who have demonstrated historical resilience.
investment structure
The capital we deploy is tailored to each company’s unique situation and need. We have the ability to invest in both debt and equity instruments that fill the gaps in the available capital on the Island.
investment size
Our target transaction size ranges from $1 million to $20 million per transaction with an investment hold size fluctuating between $1 million to $6 million.
Industry Focus and Range of transactions
Generalist industry approach, focusing on the following types of transactions:
Buyouts & Acquisitions
Restructuring & Turnarounds
Refinancing & Capitalizations
Growth Capital
Geographical Diversification
Puerto Rico presents a compelling opportunity. BSBF aims to invest +60% of its capital in Puerto Rico based businesses and up to 40% in US Mainland businesses.
We target attractive returns for our investors while impacting the economic growth of Puerto Rico, creating and supporting jobs through the proven, selective and structured framework of the regulated SBA SBIC Program.
our solutions provide Economic empowerment to local businesses
We have the flexibility to adequately tailor our transactions to the unique needs of the businesses we invest in. In addition, our structure enables us to deploy capital efficiently. Our current portfolio companies include:
Acrecent Financial Corporation
Guaynabo, Puerto Rico
Financial Services
Preferred Equity
November 2020
Acrecent Financial Corporation was founded in 2003. The Company is a leading provider of financing solutions for small and medium-sized enterprises in Puerto Rico. Acrecent offers several financing products to meet their customers’ needs including loans and leases secured by equipment or real estate, and special situations loans. Acrecent has ample industry coverage including healthcare, manufacturing, hospitality, services, commercial real estate, among others.
super guaraguao international
Caguas, Puerto Rico
Truck & Part Sales
Subordinated Debt
December 2020
Super Truck was founded in 1965 and is the leading distributor of parts and heavy equipment for trucks, trailers, and buses throughout the Caribbean. The Company is also leader in the sale medium-size trucks and the sole dealer for Navistar International trucks in Puerto Rico. The Company currently has nine stores across the island and three service facilities strategically located in Toa Baja, Ponce and Bayamón. The Company acquired its top competitor, Guaraguao Truck Sales, in 2020.
Puerto Rico Hospital Supply, Inc
Rio Grande, Puerto Rico
Medical & Hospital Supplies
Senior Debt (Realized)
December 2020
Subordinated Debt December 2022
Puerto Rico Hospital Supply, Inc. (“PRHS“) is the leading distributor of medical supplies and equipment in Puerto Rico. The Company offers surgical supplies, beds and furniture, monitoring equipment, radiology machines, and maintenance supplies. PRHS serves hospitals, doctors offices, hospices, laboratories, radiology centers, pharmacies, and other health care facilities throughout the Island.
Customed, Inc. assembles and sterilizes disposable medical devices arranged into kits and packs for various nursing and surgical procedures. In addition, the Company markets and sells a complete line of products manufactured under its brand name.
Pearle Vision (tOPERBEE cORPoration)
Caguas, Puerto Rico
Optical Goods Retail Stores
Senior and Subordinated Debt (Realized)
December 2021
Toperbee Corporation operates 13 Pearle Vision stores offering eye care products and services throughout the Island. The products and services offered by the Pearle stores include eyeglasses, eyeglass frames, prescription lenses, eye doctor consultations, and eye exams, among others. Pearle is the leader in this segment with more than 800 locations worldwide.
AA DOORS & HARDWARE, INC.
Carolina, Puerto Rico
Metal Door Supplier
Senior Debt
May 2022
AA Doors & Hardware, Inc. is an industry leader in the metal doors and architectural hardware segment was founded in 2017. The Company specializes in (i) Doors – metal rolling doors, grilles, hollow metal interior and exterior security doors, sound-proof doors, bullet-proof doors, toilet partitions; and (ii) Hardware – all kind of hardware, hinges, door closers, exit devices, hollow metal doors and frames, toilet partitions, rolling doors. AA Doors was acquired in 2022 by a local wholesale distributor of electrical, plumbing, and miscellaneous construction products serving businesses in Puerto Rico and the Caribbean.
ACCEPTA, LLC
San Juan, Puerto Rico
Financial Transaction Processing
Senior Debt
May 2022
Accepta, LLC was established in 2016 and specializes in the processing of electronic payments and value-added transactional services. The Company provides secure, reliable, and easy-to-use payment solutions for companies, SME’s and financial institutions.
Accepta has a diversified client base across multiple industries including wholesale, online, retail, restaurants through their proprietary solutions and other third-party solutions. In 2022, the Company acquired the Merchant Services Marketing Agreement (ISO agreement) and its portfolio plus the Check Recovery Independent Sales Agreement from and industry competitor securing its position as the second largest player in the local market.
Worcaps Working Capital Solutions, LLC
San Juan, Puerto Rico
Financial Services
Senior Debt
October 2022
Established in 2016, WorCaps Working Capital Solutions LLC is a financial services firm focused on financing small and midsize companies by providing Factoring and Purchase Order Financing. The Company’s financing alternatives provide an immediate working capital solution for customers who need the cash flow to support and grow their businesses. WorCaps is a member of the International Factoring Association.
