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HCI Featured in BluWave’s “Influence of Private Equity on America’s Fastest-Growing Companies” Report

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’ Network that connects the private equity industry with best-in-class talent, industry consultants and service providers, […]

HCI Equity Partners Announces Recapitalization of Tri-State Enterprises, Inc.

Launches a new HCI platform in the large and fragmented automotive aftermarket industry Fort Smith, AR, November 7, 2023 – HCI Equity Partners (“HCI”), a lower middle-market private equity firm, today announced the recapitalization of Tri-State Enterprises, Inc. (“Tri-State” or the “Company”) in partnership with management. Financial terms of the transaction were not disclosed. Tri-State […]

HCI Expands Investment Team with Nick Baltz

WASHINGTON, DC, October 23, 2023– HCI Equity Partners (“HCI”), a 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 and building talent of all levels continues to be a priority at HCI, and as we […]

HCI Named a Top Quartile Deal Originator by Sutton Place Strategies

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. SPS released their 2023 PE Deal Origination Benchmark Report last week which is the industry standard for private equity […]

Tech24 Announces Joint Investment from Vestar Capital Partners and HCI Equity Partners

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 (“Vestar”) has joined as a new investor alongside existing shareholders HCI Equity Partners (“HCI”) and […]

HCI Equity Partners-Backed WF Cabinetry Group Acquires Woodharbor Molding & Millworks, Inc.

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. (“Woodharbor”). Financial terms of the transaction were not disclosed. Based in Alexander City, Alabama, with additional operations in Wisconsin, WF Cabinetry is an independent provider […]

Four HCI Portfolio Companies Named to Inc. 5000’s 2023 List of Fastest Growing Companies

WASHINGTON, DC (August 16, 2023) – HCI Equity Partners, a 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 Express, Tech24,  AmerCareRoyal and Consolidated Hospitality Supplies. The Inc. 5000 list provides a data-driven look at […]

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 lower middle-market private equity firm, today announced that its newly established platform Highland Commercial Roofing (“Highland”) acquired Skycraft Roofing (“Skycraft”) on August 1, 2023. Financial terms were not disclosed. Highland, headquartered in Baldwin Park, […]

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 for foodservice and commercial HVAC equipment, and Pronto is its eighteenth add-on acquisition in the […]

HCI Equity Partners Invests in Custom Lawn Care, Inc.

Marks the Second Investment in HCI’s Lawn Care Treatment Platform BUTLER, PA, August 2, 2023 — HCI Equity Partners (“HCI”), a lower middle-market private equity firm, today announced that it made a majority investment in Custom Lawn Care, Inc. (“Custom” or the “Company”) on August 1, 2023. This is the second investment in HCI’s thesis-driven […]