Salt Lake City— Black Cliffs Partners, a private investment firm headquartered in Salt Lake City, Utah, announced today that it has become a major shareholder in the Boulder Ridge Group.
Boulder Ridge Group is a software-as-a-service technology provider that targets small to medium-sized businesses focused on specific vertical market industry segments. Black Cliffs Partners looks to leverage their experience in the technology sector as well as their asset library to maximize the business potential.
“We are excited to welcome Black Cliffs Partners and their talented team as a partner in the Boulder Ridge Group,” says Brad Duncan, CEO of Boulder Ridge Group. “Their investment in our vision, along with the active participation of key Black Cliffs personnel. will undoubtedly help us reach our business objectives of becoming a leading provider of software-as-a-service technologies to our specialty markets.”
Michael Lunt, a founder and partner of Black Cliffs Partners, states: “The Boulder Ridge Group’s vision and innovative products are a great addition to our investment portfolio of companies focused on growth and maximized company value. We look forward to helping Boulder Ridge reach its full business potential.”
Black Cliffs Partners is a private investment firm headquartered in Salt Lake City, Utah, which partners with successful companies and entrepreneurs to promote successful and sustainable growth. Black Cliffs supports the goals of business owners whether by providing capital, operational expertise, or by creating a liquidity event and transition. Black Cliffs’ team has experience as investors and entrepreneurs and looks to have a hands-on collaborative relationship with owners. In addition to private company investments Black Cliffs’ team is also an active real estate investor.