Highland Commercial Roofing Acquires Fidelity Roof Company

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 …

HCI Equity Partners Announces Two Promotions

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 …

HCI Expands Investment Team with Nick Baltz

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 …

Highland Commercial Roofing Acquires Skycraft Roofing

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 Acquires Pronto Repairs

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 …

HCI Deploying Veterans Across Portfolio

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 …

Tech24 Acquires Total Mechanical Repair Services

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 …

AmerCareRoyal Acquires Team Three Group

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 Acquires Commercial Kitchen Repairs

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 …

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 …

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 …

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 …

Acquisition of Wellborn Forest

Alexander City, AL, November 2018

HCI Equity Partners is pleased to announce its acquisition of Wellborn Forest, a designer and manufacturer of semi-custom cabinets serving the single-family residential market exclusively through the dealer channel. Wellborn provides kitchen and bathroom cabinetry …

Acquisition of Express Packaging

Newcomerstown, OH, August 2018

HCI Equity Partners is pleased to announce its acquisition of Express Packaging, a provider of outsourced contract packaging primarily for manufacturers of dry human and pet foods, and to a lesser extent, consumer products. The Company’s …

Investment in Regent Cabinetry

Lakewood, NJ, May 2018

HCI Equity Partners is pleased to announce its investment in Regent Cabinetry, a rapidly growing provider of custom cabinets, countertops and related hardware to the multi-family construction industry. The Company has aligned with strategic partners in …

AmerCareRoyal Acquires PrimeWare

Charleston, SC, April 2018

HCI Equity Partners IV, L.P. (the “Partnership”) is pleased to announce that existing portfolio company AmerCareRoyal acquired PrimeWare by PrimeLink Solutions, Inc. on April 20, 2018.

Headquartered outside of San Francisco, California, PrimeWare is a leading …

Acquisition of TSM Corporation

Auburn Hills, MI, August 2017

HCI Equity Partners is pleased to announce its acquisition of TSM Corporation, a leading precision machining company serving the automotive industry with over 70 SKU’s across 40 diverse and attractive vehicle platforms. TSM is a …

AmerCare & JRMI Merger

Charleston, SC, May 2016

HCI Equity Partners is pleased to announce the merger of JRMI and existing portfolio company AmerCare, completed on May 6, 2016.

Headquartered outside of Dallas, Texas, JRMI is a leading provider of disposable products including cutlery, …

Acquisition of Adept Plastic Finishing

Washington, D.C., March 2016

HCI Equity Partners is pleased to announce its acquisition of Adept Plastic Finishing, a premier supplier offering injection molding, chrome plating and painting services for plastic components. Adept has established itself as the preferred supplier in …

Investment in Go To Logistics

Washington, D.C., September 2015

HCI Equity Partners announces its investment in Go To Logistics, a transportation service provider focused on the freight consolidation and LTL market. Go To provides services ranging from expedited/guaranteed service to warehoused consolidation primarily from Chicago …

Investment in Commercial Steel Treating Corporation

Washington, D.C., July 2015

HCI Equity Partners announces its investment in Commercial Steel Treating Corporation, North America’s America’s largest provider of engineered protective coating, pre-treatment, heat treating, and technical intermediation services for metal fasteners. CSTC has a history of being …

Acquisition of Tribar Manufacturing

Washington, D.C., March 2015

HCI Equity Partners announces its acquisition of Tribar Manufacturing, a leading supplier of high profile vehicle badge assemblies and other highly-engineered products. Tribar serves the North American automotive market with a product portfolio that includes a …

Acquisition of Milan Express

Washington, D.C., September 2014 

HCI Equity Partners announces its acquisition of Milan Express, a leading provider of regional transportation and logistics solutions, specializing in truckload and warehousing and distribution services.  The Company operates a network of 275 employee drivers utilizing …

Acquisition of AmerCare

Washington, D.C., April 2014 

HCI Equity Partners announces its acquisition of AmerCare, a leading supplier of high quality disposable gloves. Sold through distributors, AmerCare’s glove products are used in the medical, janitorial, food service, and a variety of other industries. …

Acquisition of CertifiedSafety, Inc.

Washington, D.C., December 2013 

HCI Equity Partners announces its acquisition of CertifiedSafety, Inc. Headquartered in League City, TX, CertifiedSafety is a leading independent provider of specialized safety and productivity services primarily for plant maintenance events such as turnarounds, shutdowns, outages, …

Acquisition of Polygon Aerospace, Inc.

Washington, D.C., September 2013 

HCI Equity Partners announces its acquisition of Polygon Aerospace, Inc. Headquartered in Houston, Texas, Polygon provides studs, washers, clamps, hilocks, nuts, bolts, pins and collars, seals, screws, lead bonds, and rivets, as well as bushings, rings, …

Benchmark Electronics Acquires Suntron Corporation

Washington, D.C., June 2013 

HCI Equity Partners announces the sale of Suntron Corporation to Benchmark Electronics. Suntron is a provider of high mix, vertically integrated electronics manufacturing services to electronics original equipment manufacturers. Suntron delivers complete manufacturing services and solutions …

Acquisition of Southern Ag Carriers, Inc.

Washington, D.C., June 2013 

HCI Equity Partners announces its acquisition of Southern Ag Carriers, Inc. (“Southern Ag”).  Headquartered in Albany, Georgia, Southern Ag is a high growth transportation and logistics services provider for agricultural and related processed food manufacturers. Southern …

Acquisition of Total Container Group, Inc.

Washington, D.C., December 2012 

HCI Equity Partners announces its acquisition of Total Container Group, Inc., a leading provider of reconditioned bulk liquid containers, tank washing, and other related products and services.

Headquartered in Cleveland, Ohio with facilities in Fontana, California …

Acquisition of HVH Transportation, Inc.

Washington, D.C., October 2012 

HCI Equity Partners announces its acquisition of HVH Transportation, Inc. (“HVH”).  Headquartered in Denver, Colorado, HVH is an asset-light transportation provider.  HVH primarily provides dry van truckload services throughout the Midwest, Southwest, and Western states. HVH …

Acquisition of TDS

Washington, D.C., December 2011

HCI Equity Partners announces its acquisition of TDS (“TDS” or the “Company”), formerly known as Tuthill Drive Systems from Tuthill Corporation. Headquartered in Brookston, Indiana, TDS is a leading designer and manufacturer of hydraulically powered drive …

Acquisition of Dynamic Systems, Inc.

Washington, D.C., December 2010

Thayer | Hidden Creek announces its investment in Dynamic Systems, Inc (“DSI”). DSI is the leading designer and manufacturer of dynamic thermal-mechanical testing and physical simulation systems used for metallurgical analyses in a wide variety of …

Acquisition of Herndon Products, Inc.

Washington, DC, October 2009

Thayer | Hidden Creek announced its investment to support management in the recapitalization of Herndon Products, Inc. Headquartered in St. Louis, Missouri, Herndon specializes in providing value added supply chain management solutions and third party logistics …

Sale of TEAC Aerospace Technologies, Inc.

Washington, D.C., April 2008

Thayer | Hidden Creek announces the sale of TEAC Aerospace Technologies, Inc. to Goodrich Corporation.

TEAC is a leading global supplier of airborne recording and debriefing systems to the defense industry, as well as in-flight entertainment …

Acquisition of Total Quality, Inc.

Washington, D.C., March 2008

Thayer | Hidden Creek announced its investment in Total Quality, Inc. (“TQI”). TQI is a niche asset-light transportation services company focused primarily on cold chain transportation and logistics for the highly profitable and rapidly growing life …