News

The Latest from Oridian

Stay up to date on all of our latest news by signing up below.

Tech24 Acquires Commercial Kitchens

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 maintenance services for food service and commercial HVAC equipment. Commercial Kitchens represents the sixth add-on […]

MSI Express Acquires PacMoore Products’ Facility

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, 2021. MSI Express is a leading provider of contract packaging and contract manufacturing services, primarily […]

HCI Named to Inc.’s 2021 Top Founder-Friendly Investors List

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 of successfully backing founders and providing the investment and management support they need to help accelerate […]

HCI Completes Sale of Summit Interconnect

WASHINGTON, DC, September 27, 2021—HCI Equity Partners, a 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 completed on September 22, 2021, and the financial terms were not disclosed. Summit is a recognized […]

Tech24 Acquires Yukon Refrigeration

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 food service and commercial HVAC equipment. Yukon is HCI’s fifth add-on acquisition in the highly […]

Four HCI Portfolio Companies Named to Inc. 5000’s 2021 List

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 Express, Summit Interconnect, AmerCareRoyal, and WF Cabinetry. Inc. 5000 is the most prestigious ranking of […]

JGB Enterprises Acquires Industrial, Petroleum and Mining Supplies Ltd.

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 the “Company”). JGB is a leading supply chain management and logistics services distributor of industrial […]

Summit Interconnect Acquires Eagle Electronics, Inc.

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 is a manufacturer of advanced technology printed circuit boards with expertise focused on complex rigid […]

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 companies in North America and Europe. Financial terms were not disclosed. Headquartered outside of Chicago, […]

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 middle-market companies across a variety of industries. Michael began his career as an Analyst at […]