Boyne Capital Invests in New Platform in Sonic Systems International, LLC | New


MIAMI, September 16, 2021 / PRNewswire / – Capital of the Boyne (“Boyne”) is pleased to announce that one of its subsidiaries has acquired a controlling interest in Sonic Systems International, LLC (“Sonic” or the “Company”), a leading provider of mission-critical support services to the commercial nuclear power industry.

Situated at Wilmington, North Carolina and Houston, TX, Sonic’s highly skilled workforce of certified nuclear technicians provide a range of services including non-destructive assessment, QA / QC, reactor refueling / maintenance, engineering and management project. The Company serves the majority of US commercial nuclear reactors, the country’s most reliable and important source of carbon-free electrical power. Since the company was founded in 1977, Sonic has built a reputation as a leader in safety, professionalism and technical excellence, enabling it to become a trusted, long-term supplier to major nuclear OEMs and utilities. . Sonic is led by the CEO Bruce schlüter who brings significant leadership experience in the non-destructive assessment and industrial services sectors.

Boyne joined in the transaction with North LLC Breakwater (“Breakwater North”), including the Managing Partners, Ryan mills and David Faherty, bring energy funding and direct experience in nuclear operations, having served as naval nuclear engineers aboard aircraft carriers and submarines, respectively. Main Street Capital Company provided debt financing and an equity co-investment to support the transaction.

Boyne Managing Partner and CEO, Derek McDowell, said, “The Boyne team is thrilled to be partnering with the Sonic leadership team and Breakwater North. Sonic is distinguished by strong and long-standing customer relationships, based on its continued reliability and responsiveness as a partner. We are excited about Sonic’s position to capitalize on the resumption of growth in the nuclear power industry. “

Former President of Sonic, Dale holbrook, said: “I am extremely proud of the growth of the company over the past decade, and believe that the additional resources brought in by new investors will enable the company to become an even stronger industrial supplier in the future. . Board of directors and support for Bruce and the rest of the team in Sonic’s next phase of growth. “

the managing partners of Breakwater North, David Faherty and Ryan mills, added, “We look forward to working with Boyne and the company’s management to pursue several exciting strategic initiatives, as we seek to expand Sonic’s range of services and enhance the company’s reputation as a supplier of choice for the nuclear industry and other highly specialized industries. “

Sonic represents the latest platform investment in BCM Fund II (“Fund”). Boyne Capital is dedicated to investing in the lower middle market sector, especially companies with incomes below $ 100 million and with an EBITDA of $ 3 million To $ 15 million.

About Boyne

Boyne Capital is a FloridaPrivate equity firm based on investments in lower middle market companies. Founded in 2006, Boyne has successfully invested in a wide range of industries including healthcare, consumer products, niche manufacturing, and business and financial services, among others. Beyond financial resources, Boyne provides industrial and operational expertise to its portfolio companies and partners with management to drive both business performance and growth. Boyne specializes in providing the capital necessary to finance the growth of the business and facilitate the partial or full exit of owners and shareholders. For more information, please visit or call 305.856.9500.

About Brise-blades Nord

Breakwater North is a private investment and advisory firm focused on unique acquisition and growth opportunities in the middle and lower middle markets. The team consists of experienced finance professionals and naval nuclear engineers with more than $ 30 billion experience in transactions and more than ten years of military and nuclear operational experience in active service. Breakwater North is uniquely positioned to access and capitalize on exclusive and targeted opportunities by leveraging an extensive network of professionals across a wide range of industries. For more information, please visit

About the main street

Main Street is a principal investment firm that primarily provides debt and long-term equity capital to lower middle market firms and debt capital to middle market firms. Main Street portfolio investments are typically made to support executive buyouts, recapitalizations, growth financings, refinances and acquisitions of companies that operate in various industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and typically offers “one-stop” financing alternatives within its lower middle market portfolio. Main Street lower middle market businesses typically have annual revenues between $ 10 million and $ 150 million. Main Street middle market debt investments are made in firms that are generally larger in size than lower middle market holding companies. For more information, please visit

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