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 number 115 on the Inc. 5000 California list and MSI was ranked 165 on the Inc. 5000 Midwest list. Companies that made the list for the Midwest had median growth of 110% and California’s median was 137% between 2017 and 2019  —even while the broader US economy grew just 10%.

Summit Interconnect is a leading manufacturer of advanced technology printed circuit boards. Summit was founded with the intention of combining a full range of PCB manufacturing solutions with a strategic alignment towards defense primes and commercial customers in attractive end markets. Summit’s revenues grew 157% from 2017 to 2019.

MSI Express is a leading contract manufacturer and contract packager focused on shelf-stable foods. MSI’s core capabilities include dry mixing and blending, flexible pouches and sachets, liquid blending and filling, standcap pouching, canister filling, lidding, cup filling and pet food filling. MSI’s revenues grew 87.5% from 2017 to 2019.

Doug McCormick, Managing Partner at HCI commented, “We are extremely proud of our teams at Summit and MSI Express.  This kind of growth doesn’t happen by chance; it is a product of sound strategy and exceptional leadership combined with an ownership group prepared and willing to aggressively invest in the collective vision.”

Read more about HCI’s portfolio and strategy here and contact Kelsey Clute at kclute@hciequity.com if you have an investment opportunity for HCI.