Four Oridian Capital Partners Portfolio Companies Named to the 2026 Inc. 5000 List of Fastest-Growing Private Companies in America

WASHINGTON, DC, August 24, 2026 – Oridian Capital Partners (“Oridian”), a lower-middle-market private equity firm (formerly known as HCI Equity Partners), today announced that four of its portfolio companies have been named to the 2026 Inc. 5000 list of the fastest-growing private companies in America. These awards honor independent, privately held U.S. business based on percentage revenue growth over a three-year period from 2022 to 2025. Oridian’s recognized platforms include The HCR Group, Tech24 (listed as Commercial Service Repair), Driven Distribution Group, and ACR.

“Seeing four of our portfolio companies once again recognized on the Inc. 5000 list reflects the consistent execution of our management partners,” said Doug McCormick, Managing Partner and CIO of Oridian.” This recognition is a testament to our collaborative approach to value creation, supporting management teams as they scale their service and distribution platforms through organic investment and disciplined add-on acquisitions.”

Four Recognized Portfolio Companies

The HCR Group placed #2337 on the national list. The HCR Group is a commercial roofing platform comprised of regional companies across the Western United States focused on operational support, safety, and high-quality service. The platform includes Highland Commercial Roofing, Skycraft Roofing Inc., Fidelity Roof Company, North-West Roofing, and Warren RoofCare Services. From 2022 to 2025, The HCR Group’s revenue grew 144%.

Tech24 (listed on the Inc. 5000 as Commercial Service Repair) placed #3897 on the national list. Tech24 provides comprehensive repair and preventive maintenance solutions for commercial refrigeration, cooking, beverage, and HVAC equipment. The platform supports major commercial foodservice markets nationwide with skilled technicians and advanced technical resources. From 2022 to 2025, Tech24’s revenue grew 64%.

Driven Distribution Group placed #4012 on the national list. Driven Distribution Group is a warehouse distributor of automotive aftermarket hard parts, consumables, and accessories. Operating across six states in the Midwest and South, the company focuses on uniting strong regional brands to build a premier automotive distribution platform. Driven Distribution Group’s revenue grew 59% from 2022 to 2025.

ACR placed #4814 on the national list. ACR serves as a single-stream resource for essential packaging and preparation products, including disposable protective gloves and ancillary supplies. With multiple distribution points across North America, ACR supports national accounts across the foodservice, healthcare, janitorial, and industrial markets. From 2022 to 2025, ACR’s revenue grew 25%.

To view the full list of winners and database, visit https://www.inc.com/inc5000.

 

About Oridian Capital Partners

Oridian Capital Partners (formerly HCI Equity Partners) is a lower middle market private equity firm focused on partnering with family- and founder-owned service, distribution and manufacturing businesses. The firm invests in North American markets and supports portfolio companies through acquisitions and operational improvement. Oridian is headquartered in Washington, D.C. For more information, visit oridiancapital.com.

About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

Disclaimer:

Inc. Magazine’s Inc. 5000 List is a published list of U.S. fast-growing companies. Oridian has paid a fee for our portfolio companies to be considered for this recognition. This recognition is based on the analysis of and information gathered by Inc. Magazine using its own criteria and methodologies, comparing revenue growth from 2022 to 2025. The complete list of companies considered for this award is not known to Oridian. There is no guarantee that similar awards will be obtained by Oridian in the future. Portfolio companies should make their own determinations about the prospects of partnering with Oridian.

Contact:

LLYC

Christina Maldonado

Christina.maldonado@llyc.global

WASHINGTON, D.C., July 16 , 2026 – ACR (AmerCareRoyal, LLC) acquires Pennsylvania based RediBagUSA (“RediBagUSA”). RediBagUSA has served the grocery, restaurant, deli, medical and industrial markets across the United States for more than 65 years.

Founded in 1957, RediBagUSA is a supplier of reusable retail bags, paper products and packaging solutions. The company offers reusable, recyclable and compostable packaging products, as well as food safety bags, gloves, trash can liners and other operational supplies. RediBagUSA serves customers in the grocery, restaurant, deli, medical and industrial markets.

“This acquisition represents another important milestone in ACR’s growth journey,” said Scott Milberg, Chief Executive Officer of ACR. “By bringing RediBagUSA into our organization, we are expanding our product breadth and strengthening our ability to meet evolving customer needs. Their sourcing expertise, brand portfolio, and customer relationships complement our platform well and create meaningful opportunities for continued expansion.”

“Oridian is pleased to support ACR in this next phase of growth,” said Doug McCormick, Managing Partner at Oridian Capital Partners. “RediBagUSA is the eleventh acquisition under Oridian’s ownership and continues to underscore ACR’s disciplined approach to building scale through businesses that align strategically and culturally. We believe this combination positions ACR for sustained value creation.”

RediBagUSA’s Jeff Rabiea will remain actively involved following the acquisition, alongside key members of the management team.

About ACR

ACR is a provider of packaging and preparation products serving the foodservice, janitorial, sanitation, education, industrial, hospitality and healthcare markets. Through its family of brands and distribution network across North America, ACR supplies customers with packaging and operational products. For more information, visit weareacr.com.

About Oridian Capital Partners

Oridian Capital Partners (formerly HCI Equity Partners) is a lower middle market private equity firm focused on partnering with family- and founder-owned service, distribution and manufacturing businesses. The firm invests in North American markets and supports portfolio companies through acquisitions and operational improvement. Oridian is headquartered in Washington, D.C. For more information, visit oridiancapital.com.

Contact
Christina Maldonado

Head of US Capital Markets
christina.maldonado@llyc.global

Washington, D.C., June 6, 2026 – Oridian Capital Partners (“Oridian”), formerly known as HCI Equity Partners, announced today that it has been named to Inc.’s 2026 Best Workplaces list for the second year in a row. The list honors American companies that have built exceptional workplaces and vibrant cultures that support their teams and businesses, whether in-person, remote, or hybrid.

The award is the result of comprehensive measurement and evaluation of hundreds of applicants. The process involved a detailed employee survey conducted by Quantum Workplace, covering critical elements such as management effectiveness, perks, professional development, and overall company culture. Each company’s benefits were also audited to determine the overall score. Oridian is honored to be included among the 507 companies recognized this year.

“Earning a spot on Inc.’s Best Workplaces list for a second consecutive year is a validating honor for our team,” said Doug McCormick, Managing Partner at Oridian. “It demonstrates that our continued efforts to keep abreast of evolving workplace demands, provide competitive compensation, and support professional development are making a real impact. We believe in work-life balance and transparent communication within our firm and across our portfolio companies and consider Oridian a truly great place to work. We are pleased to see that culture recognized once again on a national level.”

“This year’s Best Workplaces list goes beyond great company culture–it highlights companies making meaningful and sustained investment in their employees,” said Bonny Ghosh, editorial director at Inc. “Even in a labor market that favors employers, these companies understand that an intentional and authentic commitment to their teams drives stronger employee retention, engagement, and ultimately, a stronger business overall.”

To view the full list of winners, visit https://www.inc.com/best-workplaces/2026.

About Oridian Capital Partners

Oridian Capital Partners is a lower middle market private equity firm focused on partnering with growth-oriented, family and founder-owned service, distribution, and manufacturing companies. The firm targets entry points in large, stable, fragmented North American markets and drives transformational growth through disciplined M&A consolidation and operational excellence. Oridian is headquartered in Washington, D.C. For more information, visit www.oridiancapital.com.

 About Inc.

Inc. is the leading media brand and playbook for entrepreneurs and business. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

 About Quantum Workplace

Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit QuantumWorkplace.com.

Disclaimer: Oridian has paid a fee to be considered for this recognition. This recognition is based on the analysis of and information gathered by Inc. using its own criteria and methodologies. The complete list of companies considered for this award is not known to Oridian. There is no guarantee that similar awards will be obtained by Oridian in the future.

Media Contact:
LLYC
joanne.lessner@llyc.global
212-222-7436

 

WASHINGTON, D.C. – June 1, 2026 – Oridian Capital Partners (“Oridian”), a lower middle market private equity firm formerly known as HCI Equity Partners, today announced the formation of AnchorPoint Foundations (“AnchorPoint”). AnchorPoint is building a platform of high-quality brands specializing in foundation repair, crawl space encapsulation, basement waterproofing, concrete lifting, and related technical services.

AnchorPoint’s initial family of brands includes Foundation Repair Services (North Carolina), B.A.M. Basements and Masons (Iowa), Cornerstone Foundation Repair and Waterproofing (North Carolina), Champion Waterproofing (Pennsylvania), and Edens Structural Solutions (Oklahoma). Each company will continue operating under its own trusted local brand, supported by the shared resources, infrastructure, and expertise of the AnchorPoint network. Oridian intends to make significant investments in the team and infrastructure, and in the expansion of AnchorPoint’s brand portfolio through targeted acquisitions.

“The foundation repair and waterproofing industry represents an attractive opportunity to build a scaled platform in an essential services category,” said Doug McCormick, Chief Investment Officer of Oridian. “We are excited to partner with a group of high-quality operators who have built trusted businesses in their respective markets and are well-positioned for continued growth.”

“AnchorPoint reflects Oridian’s strategy of building strong service platforms in tandem with experienced local management teams,” said Nate Novak, Managing Director of Oridian. We look forward to supporting our partners as we continue to invest together in their people, expand their capabilities, and deliver quality service to homeowners.”

 

ABOUT ANCHORPOINT FOUNDATIONS

AnchorPoint Foundations is a platform dedicated to partnering with foundation repair and waterproofing businesses. AnchorPoint’s family of brands specializes in foundation repair, waterproofing, concrete lifting, and crawl space services, with an emphasis on delivering high-quality residential and commercial solutions.

For more information or inquiries regarding partnership opportunities, please visit: www.anchorpointfoundations.com.

ABOUT ORIDIAN CAPITAL PARTNERS

Oridian Capital Partners is a lower middle market private equity firm focused on partnering with growth-oriented, family and founder-owned service, distribution, and manufacturing companies. The firm targets entry points in large, stable, fragmented North American markets and drives transformational growth through disciplined M&A consolidation and operational excellence. Oridian is headquartered in Washington, D.C.

For more information, visit www.oridiancapital.com.

 

MEDIA CONTACT

Media Contact:
LLYC
joanne.lessner@llyc.global
212-222-7436

Arlington, TX – May 28, 2026 – Driven Distribution Group (“DDG” or “the Company”), a warehouse distributor of automotive aftermarket hard parts, consumables, and accessories, today announced the appointment of William Westerman as CEO. DDG is a portfolio company of Oridian Capital Partners (“Oridian”), a lower middle market private equity firm headquartered in Washington, D.C. formerly known as HCI Equity Partners.

Mr. Westerman, who has been serving as Acting CEO of DDG since February 2026 and as an independent board member for the past year, brings more than 30 years of executive leadership experience across the automotive, manufacturing, transportation, and aftermarket sectors. Most recently, he served as CEO and board member of Road Tested Parts. In 2004, Bill joined Genuine Parts Company, where he served as a Division President for 12 years before being promoted to Chief Operating Officer for NAPA Auto Parts.

“We are truly excited to have someone with Bill’s background and capabilities at the head of the Company,” said Scott Gibaratz, Partner at Oridian Capital Partners. “Bill quickly made a positive impact during his transition from board member to CEO, and we are pleased that he has agreed to accept the role on a full-time basis. We look forward to partnering with him on the next phase of the Company’s growth.”

“Since February, I’ve deepened my connection to DDG’s team, culture, and long-term vision for growth,” said Mr. Westerman. “I hope to bring my leadership experience, operational expertise, and people-first approach to the Company. I look forward to working with Oridian to guide DDG into its next chapter.”

About Oridian Capital Partners

Oridian Capital Partners is a lower middle market private equity firm focused on partnering with growth-oriented, family and founder-owned service, distribution, and manufacturing companies. The firm targets entry points in large, stable, fragmented North American markets and drives transformational growth through disciplined M&A consolidation and operational excellence. Oridian is headquartered in Washington, D.C., please visit Oridian Capital Partners.

About Driven Distribution Group

Backed by Oridian Capital Partners, Driven Distribution Group is a warehouse distributor of automotive aftermarket hard parts, consumables, and accessories. The platform focuses on delivering operational excellence, outstanding customer service, and fostering an innovative, growth-oriented environment. By uniting strong brands under one umbrella, Driven Distribution aims to create a platform in the automotive aftermarket industry. For more information, please visit Driven Distribution Group.

 

Media Contact:

LLYC

Joanne Lessner

joanne.lessner@llyc.global

212-222-7436

 

 

WASHINGTON, DC, (April 8, 2026) – Oridian Capital Partners (“Oridian”), a lower-middle-market private equity firm (formerly known as HCI Equity Partners), today announced that four of its businesses have been featured on Inc. 5000’s 2026 regional list of fastest-growing private companies in America. These awards honor privately held emerging companies by region for their formidable growth over a two-year period. Oridian’s portfolio companies, which are ranked according to percentage revenue growth from 2022 to 2024, earned recognition in the Northeast, Southwest and Pacific regions. The recognized platforms are Regent Cabinet Solutions, ACR, Driven Distribution Group, and Highland Commercial Roofing.

“It is incredibly rewarding to see our portfolio companies once again honored for their exemplary performance,” said Doug McCormick, Managing Partner and CIO of Oridian. “We believe this year’s recognition further validates Oridian’s core growth strategy and our ongoing commitment to working hand-in-hand with talented management teams. Together, through strategic acquisitions and focused organic investments, we continue to pursue our objective to build durable, scalable enterprises.”

Northeast

Regent Cabinet Solutions placed #73 on the Northeast regional list. Regent is a turnkey, end-to-end custom cabinetry, countertop and hardware provider for multi-family developers, contractors, renovators, and property owners. The company manages the design, manufacturing, installation, and punch-out for exceptional new multi-family developments and property upgrades with over 120,000 successful installations to-date. Regent was founded in 2012 by CEO Reuvan Sternstein and has facilities in Maryland and Georgia. From 2022 to 2024, Regent Cabinet Solutions’ revenue grew 77%.

ACR placed #147 on the Northeast regional list. ACR is a single stream resource for essential packaging and preparation products used in the foodservice, janitorial, sanitation, education, industrial, hospitality, and healthcare industries. With multiple shipping points across North America, our family of brands services national level customers with outstanding customer service and an ever-growing product line. From 2022 to 2024, ACR’s revenue grew 16%.

Southeast

Driven Distribution Group placed #138 on the Southeast regional list. Driven Distribution Group is a warehouse distributor of automotive aftermarket hard parts, consumables, and accessories. The platform focuses on delivering operational excellence, outstanding customer service, and fostering an innovative, growth-oriented environment. By uniting strong brands under one umbrella, Driven Distribution aims to create a leading platform in the automotive aftermarket industry. Driven Distribution Group’s revenue grew 44% from 2022 to 2024.

Pacific

Highland Commercial Roofing placed #56 on the Pacific regional list. Since 1991, Highland Commercial Roofing has provided exceptional service and asset protection to major corporations and building owners throughout the Southwest. Highland specializes in the installation and maintenance of seamless, energy-efficient “Cool-Roof” RainShield® systems for commercial, industrial, office, and multi-family properties. Highland Commercial Roofing’s revenue grew 130% from 2022 to 2024.

To view the full list of winners and database, visit https://www.inc.com/regionals.

About Oridian Capital Partners

Oridian Capital Partners is a lower middle market private equity firm focused on partnering with growth-oriented, family and founder-owned service, distribution, and manufacturing companies. The firm targets entry points in large, stable, fragmented North American markets and seeks to drive transformational growth through disciplined M&A consolidation and operational excellence. Oridian is headquartered in Washington, D.C. For more information, visit www.oridiancapital.com.

About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

 

Disclaimer:

Inc. Magazine’s Inc. 5000 List is a published list of the U.S. fast-growing companies. Oridian has paid a fee for our portfolio companies to be considered for this recognition. This recognition is based on the analysis of and information gathered by Inc. Magazine using its own criteria and methodologies, comparing revenue growth from 2022 to 2024. The complete list of companies considered for this award is not known to Oridian. There is no guarantee that similar awards will be obtained by Oridian in the future. Portfolio companies should make their own determinations about the prospects of partnering with Oridian.

 

Contact:

LLYC

Joanne Lessner

joanne.lessner@llyc.global

212-222-7436

 

WASHINGTON, D.C. (April 1, 2026) — HCI Equity Partners, a lower middle market private equity firm focused on partnering with founder-owned service, distribution, and manufacturing companies, today announced it has rebranded as Oridian Capital Partners. The name change reflects a leadership transition and strategic shift that occurred prior to 2018.

“Oridian is a combination of two words — origin and meridian — chosen to reflect both our strategy and the values we uphold as partners. Origin honors the businesses we partner with — their history, their identity, and the strong foundation from which our shared journey begins. Meridian represents the vision, expertise, and guiding principles we bring to drive transformational growth. Importantly, this is not a new firm. Our team and commitment to acting with integrity while relentlessly pursuing excellence remain unchanged,” said Doug McCormick, Managing Partner and Chief Investment Officer.

Oridian is led by Doug McCormick (Managing Partner & CIO), Bob Hund (Operating Partner), Scott Gibaratz (Partner), and Managing Directors Tim Frend, Nate Novak, and Brendon Biddle — a team that has worked together for an average of 18 years.

The key pillars of the firm’s strategy, which has been deployed consistently since 2018 and will define Oridian going forward, are:

• Find platform entry points in large, stable, fragmented North American markets;
• Drive transformational growth through M&A;
• Promote operational excellence and M&A integration; and
• Focus on durable business models where our deep experience provides a competitive advantage — basic manufacturing, distribution, and technician-based services.

This rebranding builds on the strong foundation the team has established, while crystalizing the leadership transition and shift in strategy to better reflect who Oridian has become today. The team is proud of what they have built and energized by what lies ahead.

About Oridian Capital Partners
Oridian Capital Partners is a lower middle market private equity firm focused on partnering with growth-oriented, family and founder-owned service, distribution, and manufacturing companies. The firm targets entry points in large, stable, fragmented North American markets and drives transformational growth through disciplined M&A consolidation and operational excellence. Oridian is headquartered in Washington, D.C.

For more information, visit www.oridiancapital.com.

Media Contact:
LLYC

joanne.lessner@llyc.global
212-222-7436

WASHINGTON, DC and GREENVILLE, SC (March 20, 2026) — Tech24, a national leader in commercial foodservice equipment repair and maintenance, has partnered with Pacific Standard Service (“PSS”), an award‑winning CFESA Member specializing in commercial cooking equipment.

Based in Albany, California, PSS provides maintenance, repair, and installation services for commercial customers across California, Kentucky, Ohio, New York, New Jersey, and Georgia through a highly skilled team of technicians. Founded in the early 2000s, PSS specializes in commercial hot‑side equipment, combining deep technical expertise with meticulous workmanship and long‑standing customer relationships built on trust and reliability. The company serves a diverse customer base including national restaurant, convenience, grocery, education, healthcare, and theater chains, and maintains strong, long-term relationships with leading brands across the United States.

“I am excited for the future of a PSS and Tech24 partnership,” said Greg Jones, Founder of PSS. “Joining Tech24 gives our team access to additional resources, support, and scale—while allowing us to continue delivering the same responsive service our customers count on every day.”

“We are thrilled to welcome Pacific Standard Service to the Tech24 family,” said Cary Reed, CEO of Tech24. “PSS brings deep hot‑side expertise, a strong technician base, and national account relationships that will strengthen our presence in multiple markets. We look forward to working with Greg, Angie, and Frank, along with the entire PSS team, to better serve customers across these key regions.”

“Pacific Standard Service has built a strong reputation as an award-winning CFESA Member, and we are excited to welcome them as an ideal addition to the Tech24 platform. This acquisition reflects HCI’s ongoing commitment to growing through strategic partnerships that strengthen Tech24’s position as a leading provider of preventative maintenance and repair services in the foodservice and HVAC industry.” Said Nate Novak, Managing Director at HCI Equity Partners.

General Manager Angie Hager‑Grant and Operations Manager Frank Soto will continue to lead day‑to‑day operations under the Tech24 umbrella.

About Tech24

Tech24 is the industry leader in commercial foodservice equipment repair and maintenance, providing quick and comprehensive repair and preventive maintenance solutions for commercial refrigeration, cooking, beverage, and HVAC equipment. Tech24 services major markets across the United States with highly qualified service technicians equipped with the tools, technology and training they need to get the job done right. Tech24 is a portfolio company of Vestar Capital Partners and HCI Equity Partners.

To learn more about Tech24, visit www.mytech24.com.

WASHINGTON, DC and NASHVILLE, TN (March 4, 2026) – HCI Equity Partners (“HCI”), a lower-middle-market private equity firm, announced today that it has received a 2026 Top PE Innovator Awards from BluWave. The awards recognize the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations, and corporate citizenship practices.

"We are honored to once again be named among the top 2% of private equity firms for our leadership in value creation," said Doug McCormick, Managing Partner at HCI. "In an evolving market, HCI remains focused on modernizing operations and driving sustainable success. This recognition is a testament to the hard work of our team and the incredible business partners we support every day."

The Top Private Equity Innovator awardees were selected by a cross-functional committee that assessed candidates in consultation with a broad universe of limited partners, investment bankers, industry thought leaders, and service providers in the private equity ecosystem. As part of their selection process, the committee evaluated more than 6,000 private equity firms and utilized more than 75 different factors, incorporating more than 400,000 data points.

“This year’s top private equity innovators are proving that thoughtful innovation fuels real economic impact,” said Sean Mooney, Founder and CEO of BluWave. “By rethinking how value is created, they are leading the industry forward and delivering meaningful outcomes for businesses, communities, and investors alike.”

HCI did not pay to be considered for, or publicize, this award. The award was published on March 4, 2026 and is based on activities throughout 2025 .

About HCI Equity Partners
HCI Equity Partners is a private equity firm focused on investing in lower middle market companies and building scaled industry leaders in large, stable, fragmented end markets through organic initiatives and strategic M&A. The firm partners with management teams in sectors such as distribution, technician-based services, and basic manufacturing to drive sustainable value creation. For more information, visit oridiancapital.com/.

About BluWave
BluWave is the execution and value creation resources platform of the private equity industry. Trusted by hundreds of PE firms and thousands of their portfolio companies, BluWave connects the exact-fit third-party resources business builders need to assess, create, and grow value. The company combines proprietary AI technology, data-driven insights, and a concierge-grade experience to help PE firms and their portfolio companies execute with speed, precision, and confidence. For more information on the BluWave 2026 Top Private Equity Innovator Awards, including the selection process, criteria, and recipients, please visit bluwave.net/awards.

*BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms recognized under the Top Private Equity Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. However, BluWave may otherwise provide services to the PE firms and/or their portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave’s review of the more than 6,000 PE firms in the U.S. and Canada, from which the PE firms were selected as award recipients.

Contacts:

HCI Equity Partners
Tiffany Ferriss-Wade
Tferriss-wade@hciequity.com
202-322-5233

Lambert by LLYC
Joanne Lessner
jlessner@lambert.com
212-222-7436
or
Emma Buschle
ebuschle@lambert.com
616-258-5771

WASHINGTON, DC (November 21, 2025) – HCI Equity Partners (“HCI”), a lower middle market private equity firm, today announced the close of a special purpose vehicle (“SPV”) to execute a consolidation strategy in the residential foundation repair and basement waterproofing industry.  The SPV was oversubscribed, and capital will be used to fund strategic acquisitions and to support investments in people and infrastructure.

“HCI has a long track record of scaling technician-based service businesses in industries where our operational playbook can unlock value and accelerate growth,” said Doug McCormick, Managing Partner at HCI Equity Partners. “With this transaction, we aim to build a consolidated platform that will improve the customer experience and provide employees with a great long-term home.”

Nate Novak, Managing Director at HCI, commented, “Our team developed a proactive thesis in this sector and gained conviction in the investment opportunity due to the essential nature of the service, the market’s fragmentation, and the multiple industry tailwinds that should drive growth for years to come.  We believe that we can offer a compelling partnership opportunity for leading local providers that helps the business transition but maintains its successful legacy.”

HCI is looking to acquire residential foundation repair and waterproofing businesses with strong local reputations and people-first cultures. The firm welcomes inquiries from companies interested in joining its platform. Please contact Nate Novak at nnovak@hciequity.com.

About HCI Equity Partners
HCI Equity Partners is a private equity firm focused on investing in lower middle market companies and building scaled industry leaders in large, stable, fragmented end markets through organic initiatives and strategic M&A. The firm partners with management teams in sectors such as distribution, technician-based services, and basic manufacturing to drive sustainable value creation. For more information, visit oridiancapital.com/.

Contact
Caroline Luz
Lambert by LLYC
203-570-6462
cluz@lambert.com