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 …

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 …

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 …

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 …

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 …

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 …

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 …

BluWave’s Influence of Private Equity Report reveals that PE-backed companies on the 2023 Inc. 5000 Fastest Growing Companies list grew revenue by 480% and drove 64% of job creation.

NASHVILLE, Tenn. – December 5, 2023 – BluWave, the Business Builders’ …

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 …

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” …

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 …

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. …

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 …

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. …

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 …

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 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 …

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. …

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’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 …

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 …

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 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 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 …

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 …

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 …

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 …

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 …

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 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 …

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 …

 

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 …

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 …

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 …

 

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 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 …

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 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 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 …

WASHINGTON, DC, September 22, 2022—HCI Equity Partners (“HCI”), a leading lower middle-market private equity firm, is pleased to announce that Justin Boyles has joined the firm as an Associate within the firm’s investment team. Mr. Boyles will be responsible for …

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 …

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 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 …

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 …

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 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 …

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 …

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 Completes Eighth Add-on Acquisition

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, …

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 …

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 …

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 …

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 …

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 Continues North American Acquisition Expansion

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 …

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 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 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 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 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 Completes Third Add-on Acquisition

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, …

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 …

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 Completes Fifth Add-on Acquisition

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 …

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 …

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 …

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 Expands into Canada with First Add-on Acquisition

 

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 …

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 Expands with Fourth Add-on Acquisition

 

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 …

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 …

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 …

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 …

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 …

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 …

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 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 …

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 …

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 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 …

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 …

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. …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …