New York, NY
LVI provides environmental remediation services such as asbestos abatement, lead paint abatement, mold remediation and biohazard facility cleaning. Generation purchased the company from a group of financial investors in a leveraged buyout for $30 million in 1997. LVI completed several add-on acquisitions under Generation's ownership and increased revenues from $70 million in 1997, to $150 million in 2002. Blue Point Capital Partners acquired LVI in October 2002, resulting in a highly successful exit for Generation.