WASHINGTON, DC, November 19, 2024 — HCI Equity Partners (“HCI”), a leading lower middle market private equity firm, today announced the appointment of Matt Johnson as CEO of its …
Author: HCI Marketing
HCI Equity Partners Named to Inc.’s Top Founder-Friendly Investor List for Fifth Consecutive Year
WASHINGTON, DC, November 11, 2024 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm, today announced that it has been recognized by Inc. for the fifth consecutive year as a 2024 Founder-Friendly Investor. Inc.’s annual …
HCI Equity Partners Promotes Two Investment Professionals
WASHINGTON, DC, October 31, 2024 –HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that focuses on partnering with founder-owned service, distribution, and manufacturing companies, announced today the promotions of Nate Novak to Managing Director and Michael …
HCI Equity Partners Announces the Launch of Driven Distribution Group and Completes Acquisition of Chicago Parts & Sound, LLC
WASHINGTON, DC, October 23, 2024 — HCI Equity Partners (“HCI”), a leading lower middle market private equity firm, today announced the launch of Driven Distribution …
HCI Equity Partners-Backed ACR Acquires Mat-Pac, Inc.
ACR Accelerates Growth with Tenth Add-on Acquisition
EXTON, PA, October 9, 2024 – ACR (AmerCareRoyal, LLC), a leading supplier of essential foodservice supplies backed by HCI Equity Partners (HCI), is pleased to announce its acquisition of Mat-Pac, Inc., a leading …
HCI Equity Partners Adds Whit Rudder to Investment Team
WASHINGTON, DC, September 19, 2024 — HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced that Whit Rudder has joined the firm as an Associate to help evaluate, analyze and monitor investments made by the firm.…
HCI Equity Partners-Backed LawnPRO Partners Acquires Highest Quality Lawn & Pest
WASHINGTON, DC, September 16, 2024 — LawnPRO Partners (“LawnPRO”), a platform focused on residential lawn care treatment and tree, shrub and pest control services that is backed by HCI Equity Partners, today announced that it acquired Highest Quality Lawn & …
HCI Equity Partners-Backed LawnPRO Partners Acquires Fairway Lawn & Tree Service
WASHINGTON, DC, August 21, 2024 — LawnPRO Partners (“LawnPRO”), a platform focused on residential lawn care treatment, tree, shrub and pest control services that is backed by HCI Equity Partners, today announced that it acquired Fairway Lawn & Tree Service …
Six HCI Portfolio Companies Named to Inc. 5000’s 2024 List of Fastest Growing Companies
WASHINGTON, DC (August 19, 2024) – HCI Equity Partners, a leading lower-middle-market private equity firm, today announced that six of its businesses representing over a third of the portfolio have been featured on Inc. 5000’s 2024 list of the fastest …
HCI Equity Partners-Backed LawnPRO Partners Acquires LawnRx
WASHINGTON, DC, July 24, 2024 — LawnPRO Partners (“LawnPRO”), a platform focused on residential lawn care treatment, tree, shrub and pest control services that is backed by HCI Equity Partners, today announced that it acquired LawnRx (the “Company”). LawnRx represents …
HCI Equity Partners Announces Formation of LawnPRO Partners Platform
Appoints Bill Viveen as CEO to lead investment in residential lawn care treatment
WASHINGTON, DC, July 11, 2024 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm, today announced the formation of LawnPRO Partners (“LawnPRO”) in …
HCI Equity Partners-Backed AmerCareRoyal Evolves into ACR
Cohesive Brand Refresh Reflects Growth and Integration
EXTON, PA, July 2, 2024 – AmerCareRoyal (“ACR”), a leading foodservice solutions company backed by HCI Equity Partners (HCI), is proud to announce the launch of its refreshed brand identity “ACR,” marking a …
HCI Ranks #3 on the Washington Business Journal’s List of Largest Private Equity Investors in Greater Washington
WASHINGTON, DC, April 26, 2024 – HCI Equity Partners (“HCI”), announced today that it has ranked #3 the Washington Business Journal‘s 2024 List of Largest Private Equity Investors in Greater Washington.
The list recognizes metro-D.C.’s top private equity investors ranked …
Tech24 Strengthens its Board of Directors with Three New Members
Steve Don, Jennifer Mintman, and Bill Viveen Bring Additional Strategic, Financial, and Industry Experience
GREENVILLE, S.C., May 1, 2024 — Tech24 (or “the Company”), a national industry leader in commercial foodservice equipment repair and maintenance, announced today that Steve Don, …
Highland Commercial Roofing Acquires Fidelity Roof Company
BALDWIN PARK, Calif., April 11, 2024 — Highland Commercial Roofing (“Highland”), a market-leading commercial roofing service provider backed by HCI Equity Partners (“HCI”), today announced that it has acquired Fidelity Roof Company (“Fidelity”), a well-established, full-service roofing provider operating in …
HCI Named a 2024 Top 50 Private Equity Firm in the Middle Market for the Fourth Consecutive Year
WASHINGTON, DC, February 28, 2024 — HCI Equity Partners, a leading lower middle market private equity firm, announced today that it has been named one of Grady Campbell’s 2024 Top 50 Private Equity Firms in the Middle Market for the …
HCI Named a 2024 Top Private Equity Innovator by BluWave
WASHINGTON, DC, February 22, 2024 –HCI Equity Partners (“HCI”), a leading lower-middle-market private equity firm, announced today that it has been named a 2024 Top Private Equity Innovator by BluWave for exemplary innovation and leadership.
BluWave‘s third annual Top Private …
HCI Equity Partners Announces Two Promotions
WASHINGTON, DC, January 11, 2024 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and B2B service companies, announced today the promotions of Dave Venker to Principal, Portfolio …
HCI Equity Partners-Backed AmerCareRoyal Acquires Thermosource Tooling and Manufacturing (“TTM”)
AmerCareRoyal Completes Ninth Add-on Acquisition
EXTON, PA, January 9, 2024 – AmerCareRoyal (“ACR”), a leading supplier of disposable foodservice supplies backed by HCI Equity Partners (“HCI”), announced today the acquisition of Thermosource Tooling and Manufacturing (“TTM”). TTM is ACR’s ninth …
HCI Invests in Delaware Valley Turf and Brookside Lawn Service
Adds Two Companies to HCI’s Lawn Care Treatment Platform Formed in June 2023
BROOMALL, PA, and MEDINA, OH, January 4, 2024 – HCI Equity Partners (“HCI”), a leading lower-middle market private equity firm, today announced the acquisitions of Delaware Valley …
HCI Named to Inc.’s Top Founder-Friendly Investor List for Fourth Consecutive Year
WASHINGTON, D.C. (December 7, 2023) – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that partners with founder-owned distribution, manufacturing and B2B service companies, today announced it has been recognized by Inc. for the fourth consecutive …
HCI Featured in BluWave’s “Influence of Private Equity on America’s Fastest-Growing Companies” Report
NASHVILLE, Tenn. – December 5, 2023 – BluWave, the Business Builders’ …
HCI Equity Partners Hires Brittany McDonald as Chief of Staff and Vice President of Communications
WASHINGTON, DC, November 14, 2023–HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced that Brittany McDonald has joined the firm in the dual role of Chief of Staff and Vice President of Communications to directly support …
HCI Equity Partners Announces Recapitalization of Tri-State Enterprises, Inc.
Launches a new HCI platform in the large and fragmented automotive aftermarket industry
Fort Smith, AR, November 7, 2023 – HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced the recapitalization of Tri-State Enterprises, Inc. (“Tri-State” …
HCI Expands Investment Team with Nick Baltz
WASHINGTON, DC, October 23, 2023– HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced that Nick Baltz has joined the firm as an Associate to help evaluate, analyze and monitor investments made by the firm.
“Attracting …
HCI Named a Top Quartile Deal Originator by Sutton Place Strategies
OCTOBER 20, 2023 – We are proud to announce that Sutton Place Strategies has named HCI a top quartile deal originator for the lower middle market! This part of the market includes deals with a $10-249 million enterprise value range. …
Tech24 Announces Joint Investment from Vestar Capital Partners and HCI Equity Partners
New Investor Vestar Joins Existing Investor HCI Equity Partners to Accelerate Strategic Growth Initiatives
GREENVILLE, S.C., Oct. 5, 2023 — Tech24 (or “the Company”), a national leader in commercial foodservice equipment repair and maintenance, announced today that Vestar Capital Partners …
HCI Equity Partners-Backed WF Cabinetry Group Acquires Woodharbor Molding & Millworks, Inc.
ALEXANDER CITY, AL, October 4, 2023 – WF Cabinetry Group (“WF Cabinetry”), a manufacturer of semi-custom wood kitchen and bath cabinetry that is backed by HCI Equity Partners (“HCI”), announced today that it has acquired Woodharbor Molding & Millworks, Inc. …
Four HCI Portfolio Companies Named to Inc. 5000’s 2023 List of Fastest Growing Companies
WASHINGTON, DC (August 16, 2023) – HCI Equity Partners, a leading lower-middle-market private equity firm, today announced that four of their portfolio companies have been featured on Inc. 5000’s 2023 list of fastest growing companies. The recognized platforms include MSI …
Highland Commercial Roofing Acquires Skycraft Roofing
First Acquisition by HCI’s Newly Established Roofing Industry Platform
BALDWIN PARK, CA, August 11, 2023 – HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced that its newly established platform Highland Commercial Roofing (“Highland”) acquired Skycraft …
Tech24 Acquires Pronto Repairs
Tech24 Completes Eighteenth Add-on Acquisition
GREENVILLE, SC, August 9, 2023—Tech24, backed by HCI Equity Partners, today announced that it acquired Pronto Repairs (“Pronto” or the “Company”) on July 25, 2023. Tech24 is a national provider of repair and maintenance services …
HCI Equity Partners Invests in Custom Lawn Care, Inc.
Marks the Second Investment in HCI’s Lawn Care Treatment Platform
BUTLER, PA, August 2, 2023 — HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced that it made a majority investment in Custom Lawn Care, Inc. …
HCI Equity Partners Announces Transition of Dan Dickinson, Managing Partner, to Executive Chairman
WASHINGTON, DC, July 31, 2023 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and service companies, today announced the planned transition of Dan Dickinson from Managing Partner …
HCI Team Featured on Private Equity 360: How Culture Relates to Value Creation
HCI’s Managing Partner, Doug McCormick, Tech24’s CEO Dan Rodstrom and HCI Executive Partner Kate Rodriguez recently joined Bob Woosley on Frazier & Deeter’s latest episode of Private Equity 360. Use the link below to watch and hear the group discuss …
HCI Deploying Veterans Across Portfolio
WASHINGTON, DC, July 17, 2023—HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced a new partnership with Headlamp, a military veteran transition accelerator, and Sutton Growth Group, a capability-building firm focused on training. Headlamp works directly …
HCI Equity Partners Invests in Grasshopper Lawns, Inc.
Marks the First Investment in HCI’s Lawn Care Treatment Platform
LARKSVILLE, PA, July 10, 2023 — HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, today announced that it invested in Grasshopper Lawns, Inc. (“Grasshopper” or the “Company”) …
Tech24 Acquires Harris Warren Commercial Kitchen Service
Tech24 Completes Seventeenth Add-on Acquisition
GREENVILLE, SC, June 29, 2023—Tech24, backed by HCI Equity Partners, today announced that it acquired Harris Warren Commercial Kitchen Service (“Harris Warren” or the “Company”) on June 20, 2023. Tech24 is a national provider of …
Tech24 Acquires Total Mechanical Repair Services
Tech24 Completes Sixteenth Add-on Acquisition
GREENVILLE, S.C., May 31, 2023—Tech24, backed by HCI Equity Partners, today announced that it acquired Total Mechanical Repair Services (“TMR” or the “Company”) on May 24, 2023. Tech24 is a national provider of repair and …
Primat Group Invests in HCI Portfolio Company Curtis Metal Finishing Company
STERLING HEIGHTS, MI, May 23, 2023—HCI Equity Partners, a leading lower middle-market private equity firm, today announced Primat Group (“Primat”) has made a controlling investment in its portfolio company Curtis Metal Finishing Company (“Curtis” or the “Company”). Curtis, based in …
Bob Currier Joins HCI Equity Partners’ Executive Partner Group
WASHINGTON, DC, March 28, 2023 – HCI Equity Partners (“HCI”) announced today that Bob Currier has joined the HCI Executive Partner group to advise on human capital management, including talent acquisition, organizational design, leadership development and succession throughout the entire …
Doug McCormick Featured on M&A Masters Podcast
HCI’s Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Patrick Stroth on his podcast M&A Masters. Listen in to hear Doug and Patrick discuss why human capital is a gamechanger, why building a team is an art and …
Doug McCormick Featured on Manufacturing Excellence Podcast
HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Justin Fortier on Seraph Consulting’s new podcast, Manufacturing Excellence. Listen in to hear Doug discuss the crucial role HCI’s Operations Team plays in our value creation strategy, as …
AmerCareRoyal Acquires Team Three Group
EXTON, PA, February 27, 2023 – AmerCareRoyal (“ACR”), a leading supplier of disposable foodservice supplies, gloves and take-out packaging backed by HCI Equity Partners (“HCI”), announced today the acquisition of Team Three Group (“Team Three”). Team Three is ACR’s eighth …
Tech24 Acquires Commercial Kitchen Repairs
Tech24 Completes Fifteenth Add-on Acquisition
GREENVILLE, S.C., February 21, 2023—Tech24, backed by HCI Equity Partners, today announced that it acquired Commercial Kitchen Repairs, Inc. (“CKR” or the “Company”) on February 16, 2023. Tech24 is a national provider of repair and …
HCI Named a BluWave 2023 Top Private Equity Innovator
WASHINGTON, DC, February 15, 2023 – HCI Equity Partners, a leading lower middle market private equity firm, announced today it has been named to Bluwave’s 2023 Top Private Equity Innovators List. HCI is focused on partnering with family and founder-owned …
HCI Named a 2023 Top 50 Private Equity Firm in the Middle Market
WASHINGTON, DC, February 1, 2023—HCI Equity Partners, a leading lower middle market private equity firm, announced today it has been named one of Grady Campbell’s 2023 TOP 50 Private Equity Firms in the Middle Market. HCI is focused on …
HCI Announces Six Promotions
WASHINGTON, DC, January 10, 2023 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and B2B service companies, announced today the promotions of Nate Novak to Principal; Ben …
HCI Named a Top Quartile Deal Originator by Sutton Place Strategies
DECEMBER 5, 2022– We are proud to announce that Sutton Place Strategies has named HCI a top quartile deal originator for the lower middle market! This part of the market includes deals with a $10-249 million enterprise value range. SPS …
HCI & Capstreet Complete Sale of OnPoint Industrial Services
HOUSTON, TX, November 29, 2022– HCI Equity Partners, a leading lower middle-market private equity firm, today announced the sale of OnPoint Industrial Services (“OnPoint” or the “Company”) with Capstreet to MML Capital on November 16, 2022. HCI portfolio company …
Tech24 Acquires TEK Express
Tech24 Completes Fourteenth Add-on Acquisition
GREENVILLE, S.C., October 12, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired TEK Express (the “Company”) on October 7, 2022. Tech24 is a national provider of repair and maintenance services for foodservice …
HCI Named to Inc.’s Top Founder-Friendly Investor List for Third Consecutive Year
WASHINGTON, D.C. (Oct. 5, 2022) – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that partners with founder-owned distribution, manufacturing and B2B service companies, today announced it has been recognized by Inc. for the third consecutive …
Tech24 Acquires 1st Source Restaurant Services
Tech24 Completes Thirteenth Add-on Acquisition
GREENVILLE, S.C., October 3, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired 1st Source Restaurant Services (“1st Source” or the “Company”) on September 29, 2022. Tech24 is a national provider of repair …
Tech24 Acquires Allied Service Group
Tech24 Completes Twelfth Add-on Acquisition
GREENVILLE, S.C., September 27, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired Allied Service Group (“Allied” or the “Company”) on September 23, 2022. Tech24 is a national provider of repair and maintenance …
Doug McCormick Featured on Bluwave’s Karma School of Business Podcast
HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Sean Mooney, CEO of Bluwave, LP, on his brand new podcast, the Karma School of Business. Listen in to hear Doug and Sean discuss building world-class teams and …
HCI Names Lisa Costello CAO & Amy Stremmel CFO
WASHINGTON, DC, August 29, 2022 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that partners with founder-owned distribution, manufacturing and B2B service companies, announced today the promotions of Lisa Costello to Chief Administrative Officer (“CAO”), …
Tech24 Acquires AmeriCold & Arrowhead Commercial Equipment
Tech24 Completes Tenth & Eleventh Add-on Acquisitions
GREENVILLE, S.C., August 26, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired Americold and Arrowhead Commercial Equipment (“Arrowhead”) on August 19, 2022, and August 10, 2022, respectively. Tech24 is a …
Doug McCormick Featured on Northstar’s Fast Pitch Private Equity Podcast
HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Jeff Henningsen, President and Partner at Lockton Companies Houston on his popular podcast, Northstar’s Private Equity Fast Pitch. Listen in to hear how Doug’s lessons learned at West …
Three HCI Portfolio Companies Named to Inc. 5000’s 2022 List of Fastest Growing Companies
WASHINGTON, DC, August 17, 2022 – HCI Equity Partners, a leading lower-middle-market private equity firm, today announced that three of their portfolio companies have been featured on Inc. 5000’s 2022 list of fastest growing companies. The recognized platforms include MSI …
Tech24 Acquires TEMCO, Inc.
Tech24 Completes Ninth Add-on Acquisition
GREENVILLE, S.C., July 25, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired TEMCO, Inc. (“TEMCO” or the “Company”) on July 20, 2022. Tech24 is a national provider of repair and maintenance services …
HCI Completes Sale of SouthernAg Carriers
ALBANY, GA, July 19, 2022—HCI Equity Partners, a leading lower middle-market private equity firm, today announced the sale of SouthernAg Carriers, Inc. on July 8, 2022.
Headquartered in Albany, Georgia, SouthernAg is a transportation and logistics service provider for agricultural …
HCI Expands Operations Team with Emma Pollock
WASHINGTON, DC, June 23, 2022—HCI Equity Partners (“HCI”), a leading lower middle market private equity firm, is pleased to announce that Emma Pollock has joined the firm as a Portfolio Operations Analyst. Ms. Pollock will be part of HCI’s Operations …
Tech24 Acquires Facilities Management
GREENVILLE, S.C., May 4, 2022 – Tech24, backed by HCI Equity Partners, announced today it acquired Facilities Management, LLC, and Peltz Services, Inc. (“Facilities Management” or the “Company”) based in Indianapolis, Indiana, on May 2, …
Echelon Supply & Service Acquires Berg-Nelson Company
LIVERPOOL, NY, April 4, 2022 – Echelon Supply and Service (“ESS”), backed by HCI Equity Partners (“HCI”), announced it acquired Berg-Nelson Company, Inc. (“Berg-Nelson” or the “Company”) on March 30, 2022. ESS (f/k/a JGB Enterprises, Inc.) is a leading supply …
Kathryn Towns Joins HCI Equity Partners’ Executive Partner Group
WASHINGTON, DC, March 22, 2022 – HCI Equity Partners (“HCI”) announced today that Kathryn Towns has joined the HCI Executive Partner group. Ms. Towns will advise on marketing, branding and communication strategies throughout the entire HCI portfolio. HCI is a …
Three HCI Portfolio Companies Named to Inc. 5000 Regionals Fastest Growing Companies
WASHINGTON, DC, (March 16, 2022)—HCI Equity Partners, a leading lower middle market private equity firm, today announced that three of their portfolio companies have been featured on the 2022 Inc. 5000 Regionals list of Fastest Growing Companies. HCI platforms recognized …
HCI Named a 2022 Top 50 Private Equity Firm in the Middle Market
WASHINGTON, DC, February 1, 2022—HCI Equity Partners, a leading lower middle market private equity firm, announced today it has been named one of Grady Campbell’s 2022 TOP 50 Private Equity Firms. HCI is focused on partnering with family and founder-owned …
HCI Adds Two New Team Members
WASHINGTON, DC, January 26, 2022—HCI Equity Partners, a leading lower middle market private equity firm, is pleased to announce that Jonathan Konkoly has joined HCI as Vice President of Portfolio Operations, and Ben Choi has joined the firm as Senior …
JGB Enterprises Acquires All-Serv Industrial
LIVERPOOL, NY January 7, 2022 – JGB Enterprises, Inc. (“JGB”), backed by HCI Equity Partners (“HCI”), announced it acquired All-Serv Industrial, LLC (“All-Serv” or the “Company”) on December 31, 2021. JGB is a leading …
HCI Equity Partners Announces Four Promotions
WASHINGTON, DC, January 5, 2022 – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and B2B service companies, announced today the promotions of Scott Gibaratz to Partner; Brendon …
AmerCareRoyal Acquires Ross & Wallace Paper Products
AmerCareRoyal Completes Seventh Add-on Acquisition
EXTON, PA, December 17, 2021 – AmerCareRoyal, backed by HCI Equity Partners (“HCI”), announced today it acquired Ross & Wallace Paper Products, Inc. (“Ross & Wallace” or the “Company”). AmerCareRoyal is a leading supplier of …
Tech24 Acquires RMS Mechanical Services
Tech24 Completes Seventh Add-on Acquisition
GREENVILLE, SC, December 7, 2021 — Tech24, backed by HCI Equity Partners, announced today it acquired RMS Mechanical Services, based in Ambridge, Pennsylvania, on December 3, 2021. Tech24 is a national provider of repair and …
SDS Rx Acquires Mission Critical Delivery Solutions
SDS Rx Completes Second Add-on Acquisition
CLARK, NJ, December 1, 2021 – SDS Rx, backed by HCI Equity Partners, announced today it acquired Mission Critical Delivery Solutions, headquartered in Bangor, Maine, on December 1, 2021. SDS Rx is a supply …
Tech24 Acquires Commercial Kitchens
Tech24 Completes Sixth Add-on Acquisition
GREENVILLE, SC, November 8, 2021 — Tech24, backed by HCI Equity Partners, announced today it acquired Commercial Kitchens, Inc., based in Milford, Connecticut on November 3, 2021. Tech24 is a national provider of repair and …
MSI Express Acquires PacMoore Products’ Facility
PORTAGE, IN, October 26, 2021 – MSI Express (“MSI”), backed by HCI Equity Partners, announced today it acquired select operating assets from PacMoore Products, Inc. (“PacMoore” or the “Company”), a founder-owned business, on October 25, …
HCI Named to Inc.’s 2021 Top Founder-Friendly Investors List
WASHINGTON, D.C. (Oct. 7, 2021) – HCI Equity Partners (“HCI”) today announced it has been recognized by Inc. for the second consecutive year as an Inc. 2021 Top Founder-Friendly Investor. Inc.’s list features firms that have the best track record …
HCI Completes Sale of Summit Interconnect
WASHINGTON, DC, September 27, 2021—HCI Equity Partners, a leading lower-middle-market private equity firm, is pleased to announce the sale of its portfolio company Summit Interconnect (“Summit”) to affiliates of Lindsay Goldberg, a New York-based private investment firm. The sale was …
Tech24 Acquires Yukon Refrigeration
GREENVILLE, SC, September 21, 2021 – Tech24, backed by HCI Equity Partners, announced today it has acquired Yukon Refrigeration (“Yukon”) on September 20, 2021. Tech24 is a nation-wide provider of repair and maintenance services for …
Four HCI Portfolio Companies Named to Inc. 5000’s 2021 List
WASHINGTON, DC (August 18, 2021) – HCI Equity Partners, a leading lower-middle-market private equity firm, today announced that four of their portfolio companies have been featured on Inc. 5000’s 2021 list of fastest growing companies. The recognized platforms include MSI …
HCI Completes Sale of Power and Composite Technologies, LLC
AMSTERDAM, NY, August 9, 2021 – HCI Equity Partners announced today the sale of Power and Composite Technologies, LLC (“PCT”) to The Gund Company on July 30, 2021. The Gund Company is a vertically integrated manufacturer and fabricator of engineered …
Consolidated Hospitality Supplies Holdings Acquires Assets of American Hotel Register Company
Combined Entity Creates Leader in North American Hospitality Supplies
San Bernardino, Ca., August 3, 2021 – Consolidated Hospitality Supplies Holdings (“CHS” or “the Company”), a consolidation platform backed by HCI Equity Partners (“HCI”), today announced the acquisition of the inventory …
JGB Enterprises Acquires Industrial, Petroleum and Mining Supplies Ltd.
WASHINGTON, DC, July 20, 2021 – JGB Enterprises, Inc. (“JGB”), backed by HCI Equity Partners (“HCI”), announced it recently acquired Industrial, Petroleum and Mining Supplies Limited d/b/a HosePower Canada (“IPM” or …
Kate Rodriguez Joins HCI Equity Partners’ Executive Partner Group
WASHINGTON, DC, June 23, 2021 – HCI Equity Partners (“HCI”) announced today that Kate Rumely Rodriguez has joined the HCI Executive Partner group and has been appointed to the board of directors for HCI portfolio company Tech-24. Ms. Rodriquez will …
Summit Interconnect Acquires Eagle Electronics, Inc.
ANAHEIM, CA and WASHINGTON, DC, June 3, 2021 – Summit Interconnect (“Summit”), backed by HCI Equity Partners (“HCI”), announced it acquired Eagle Electronics (“Eagle” or the “Company”) on June 1, 2021. Summit …
HCI Completes Sale of Go To Logistics
May 17, 2021, Northlake, IL
HCI Equity Partners announced the sale of Go To Logistics (“Go To” or the “Company”) to Stellex Capital Management on May 4, 2021. Stellex Capital Management is a private equity firm that invests in middle-market …
Michael Allen Joins HCI as Associate
HCI Equity Partners is pleased to announce that Michael Allen has joined the firm as an Associate. Prior to joining HCI, Michael was an Associate at Adams Street Partners in the Private Credit group, executing debt and equity investments in …
Tech24 Acquires United Service Technologies
Greenville, SC, April 2021
Tech24, backed by HCI Equity Partners, announced today it acquired United Service Technologies (“United”) on April 13, 2021. Tech24 is a national provider of installation, preventative maintenance and emergency repair services for foodservice and HVAC equipment …
CertifiedSafety Merges with Onpoint Industrial Services
League City, TX, April 2021
HCI Equity Partners announced today the merger of CertifiedSafety, Inc. (“Certified”), and its subsidiary, Calculated Controls, and Onpoint Industrial Services (“Onpoint”), a portfolio company of The CapStreet Group. The combination of these companies establishes a …
Summit Interconnect & MSI Express Named to Inc. 5000 Regionals Fastest Growing Companies
HCI is proud to announce that portfolio companies Summit Interconnect and MSI Express were both named to the Inc. 5000 Regionals list for 2021 by being one of the top 250 fastest growing companies in their region. Summit was ranked …
Tech24 Acquires Alliance Mechanical Services, Inc.
Greenville, SC, March 2021
Tech24, backed by HCI Equity Partners, announced it acquired Alliance Mechanical Services, Inc. (“Alliance”) on March 1, 2021. Tech24 is a national provider of installation, preventative maintenance and emergency repair services for foodservice and HVAC equipment …
HCI Named to 2021’s Top 50 Private Equity Firms in the Middle Market
HCI Equity Partners is proud to announce that it has been named one of 2021’s Top 50 Private Equity Firms by Grady Campbell. Founded in 2016, the Top 50 PE Firms in the Middle Market is the original awards program …
Tech24 Acquires Eichenauer Services, Inc. & AIS Commercial Parts & Service
Greenville, SC, January 2021
HCI Equity Partners’ consolidation platform, Tech24 announced it has acquired Eichenauer Services, Inc. and AIS Commercial Parts & Service in the fourth quarter of 2020. Tech24 is a national provider of installation, preventative maintenance and emergency …
Pacific Defense Acquires Spear Research
El Segundo, CA, November 2020
Pacific Defense, backed by HCI Equity Partners and Emerald Lake Capital Management, announced it acquired Spear Research on October 22, 2020. The acquisition of Spear provides the Pacific Defense platform with an experienced and innovative …
HCI Named to Inc.’s Top 50 Founder Friendly PE Firms
HCI Equity Partners is proud to announce we have been named to Inc.’s 2020 Top 50 Founder Friendly Private Equity Firms List. Inc. compiled the list by identifying firms that have invested in founder-led companies, gathered data on how their …
JGB Enterprises, Inc. Named to Industrial Distribution’s 2020 Big 50 List
Liverpool, NY, October 2020
JGB Enterprises, an assembler and supplier of industrial and hydraulic hose and hose accessories, has been named to Industrial Distribution’s Big 50 List for the third year in a row. The list recognizes the country’s biggest …
Wellborn Forest Acquires De Pere Cabinet, Inc.
Alexander City, AL, September 2020
Wellborn Forest, backed by HCI Equity Partners, announced it acquired De Pere Cabinet, Inc. (“DCI” or the “Company”) on September 16, 2020. Wellborn Forest is a manufacturer of semi-custom cabinets serving the single-family residential market. …
Summit Interconnect Acquires ITL Circuits
Anaheim, CA, July 2020
Summit Interconnect (“Summit”), backed by HCI Equity Partners, announced it acquired Integrated Technology Ltd. (“ITL Circuits” or “ITL” or the “Company”) on July 24, 2020. Summit is a manufacturer of advanced technology printed circuit boards with …
SDS Rx Acquires Medical Delivery Services
Clark, NJ, June 2020
Strategic Delivery Solutions (“SDS Rx”), backed by HCI Equity Partners, announced it acquired Medical Delivery Services (“MDS” or the “Company”) on June 23, 2020. SDS Rx is a supply chain solutions provider focused on the last …
Acquisition of Tech24
Greenville, SC, June 2020
HCI Equity Partners is pleased to announce its acquisition of Tech24, a national provider of installation, preventative maintenance and emergency repair services for foodservice and HVAC equipment. The Company serves convenience stores, restaurants, coffee shops and …
Investment in Pacific Defense
El Segundo, CA, January 2020
HCI Equity Partners is pleased to announce its investment in Pacific Defense, a new defense electronics platform. The platform consists of two initial investments: Spectranetix and Perceptronics. Spectranetix, headquartered in Sunnyvale, CA, provides open architecture …
HCI Completes Sale of Delaney Hardware
Cumming, GA, December 2019
HCI Equity Partners announced today the sale of Delaney Hardware (“Delaney”) to Sargent and Greenleaf, a portfolio company of OpenGate Capital, on December 20, 2019. Sargent and Greenleaf is a leading brand in the specialized high …
MSI Express Acquires Power Packaging
Portage, IN, December 2019
MSI Express, backed by HCI Equity Partners, announced it acquired Power Packaging (“Power” or the “Company”) on December 31, 2019. MSI Express is a leading provider of contract packaging and contract manufacturing services, primarily for well-known …
AmerCareRoyal Acquires McNairn Packaging
Charleston, SC, November 2019
AmerCareRoyal (“ACR”), backed by HCI Equity Partners, announced it has acquired McNairn Packaging (“McNairn” or the “Company”) on November 25, 2019. ACR is a leading provider of disposable products used in the foodservice, janitorial, sanitation, industrial, …
HCI Completes Sale of Dynamic Systems, Inc. to Vishay Precision Group
Poestenkill, NY; November 2019
HCI Equity Partners is pleased to announce it successfully completed the sale of Dynamic Systems, Inc. (“DSI”) to Vishay Precision Group (NYSE: VPG) on November 1, 2019.
DSI, headquartered in Poestenkill, New York, is a leading …
HCI Completes Sale of Milan Supply Chain Solutions
Milan, TN, September 2019
HCI Equity Partners is pleased to announce it successfully completed the sale of Milan Supply Chain Solutions to Wellspring Capital Management on September 30, 2019.
Headquartered in Milan, Tennessee, Milan is a leading supply chain logistics …
HCI Completes Sale of Naumann Hobbs Material Handling, Inc.
Phoenix, AZ, August 2019
HCI Equity Partners is pleased to announce the sale of Naumann Hobbs Material Handling, Inc. (“Naumann Hobbs”) by Thayer Equity Investors V, L.P. (“Thayer V”). HCI completed the sale of Naumann Hobbs to CenterGate Capital on …