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 …

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 …

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 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

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, …

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

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 …

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 …

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 …

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 …

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 …

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 …