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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 and commercial HVAC equipment. TEK Express is Tech24’s fourteenth add-on acquisition in the highly fragmented […]
HCI Named to Inc.’s Top Founder-Friendly Investor List for Third Consecutive Year
WASHINGTON, D.C. (Oct. 5, 2022) – HCI Equity Partners (“HCI”), a leading lower middle market private equity firm that partners with founder-owned distribution, manufacturing and B2B service companies, today announced it has been recognized by Inc. for the third consecutive year as a 2022 Top Founder-Friendly Investor. Inc.’s annual list recognizes private equity and venture capital firms […]
Tech24 Acquires 1st Source Restaurant Services
Tech24 Completes Thirteenth Add-on Acquisition GREENVILLE, S.C., October 3, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired 1st Source Restaurant Services (“1st Source” or the “Company”) on September 29, 2022. Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment. 1st Source is Tech24’s thirteenth add-on […]
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 services for foodservice and commercial HVAC equipment. Allied is Tech24’s twelfth add-on acquisition in the […]
Doug McCormick Featured on Bluwave’s Karma School of Business Podcast
HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Sean Mooney, CEO of Bluwave, LP, on his brand new podcast, the Karma School of Business. Listen in to hear Doug and Sean discuss building world-class teams and scaling leadership along with your business and company culture, plus how HCI helps entrepreneurs realize […]
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”), a newly created position, and Managing Director, and Amy Stremmel to Chief Financial Officer (“CFO”). […]
Tech24 Acquires AmeriCold & Arrowhead Commercial Equipment
Tech24 Completes Tenth & Eleventh Add-on Acquisitions GREENVILLE, S.C., August 26, 2022—Tech24, backed by HCI Equity Partners, today announced that it acquired Americold and Arrowhead Commercial Equipment (“Arrowhead”) on August 19, 2022, and August 10, 2022, respectively. Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment. Arrowhead and […]
Doug McCormick Featured on Northstar’s Fast Pitch Private Equity Podcast
HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Jeff Henningsen, President and Partner at Lockton Companies Houston on his popular podcast, Northstar’s Private Equity Fast Pitch. Listen in to hear how Doug’s lessons learned at West Point and in the military have made him a successful private equity partner, the key […]
Three HCI Portfolio Companies Named to Inc. 5000’s 2022 List of Fastest Growing Companies
WASHINGTON, DC, August 17, 2022 – HCI Equity Partners, a leading lower-middle-market private equity firm, today announced that three of their portfolio companies have been featured on Inc. 5000’s 2022 list of fastest growing companies. The recognized platforms include MSI Express. Inc, AmerCareRoyal, and WF Cabinetry. Inc. 5000 is the most prestigious ranking of the fastest-growing […]
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 for foodservice and commercial HVAC equipment. TEMCO is Tech24’s ninth add-on acquisition in the highly […]