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 …