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 portfolios have grown and interviewed portfolio company management teams about their experiences with their private equity owners.
HCI is a lower middle market private equity firm with approximately $1 billion in assets under management. We pursue control investments in family and founder owned manufacturing, service and distribution companies in North America, with over 90% of deals consummated with founders who re-invest alongside HCI to pursue a shared vision for growth and value creation.
Dan Dickinson, HCI Managing Partner commented, “We are honored to receive this award as it reflects the significant investment in capabilities that HCI has made to support our strategy, partners and management teams to position them for outsized expansion through exceptional execution of their growth strategies.
Scott Milberg, CEO of AmerCareRoyal, was interviewed as part of the Inc.’s evaluation and commented, “HCI’s “business partner first” approach has allowed them to support us every step of the way during our partnership. Supported by HCI’s strategy, M&A experience, operational support and deep expertise in distribution, AmerCareRoyal has grown at a compound annual rate of more than 50% for the past seven years, scaling from $36mm in revenues at the time they purchased the platform to approximately $540mm today. We could not have achieved that explosive growth without HCI’s guidance, expertise and support.”
Doug McCormick, HCI Managing Partner and AmerCareRoyal deal lead commented, “The AmerCareRoyal story is a great example of the power of our engagement model. By combining HCI’s business model, acquisition and operation expertise with a great management team with tremendous knowledge and expertise in a large fragmented market, we disrupted their industry resulting in exponential growth, a better business that provides more value for our customers and more opportunities for our employees.”
HCI has acquired three add-on acquisitions and two platforms from founders in 2020. Read more about our portfolio and strategy here and contact Kelsey Clute at kclute@hciequity.com if you have a founder-led investment opportunity for HCI.