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Huron Capital & HCP Services 2024 Year in Review
In 2024, we were proud to announce the formation of HCP Services Partners to reflect our deep expertise in critical field services and position us for continued success in our core sectors.
For more than a decade, we have been active in acquiring and building over 100 mission-critical services businesses in partnership with world-class CEOs and Operating Partners.
Through HCP Services, we bring a people-first and thematic approach to investing in service companies in the infrastructure, facility and residential sectors where we have a long history of success, demonstrated playbooks and extensive resources. HCP Services seeks to make control investments in leading service businesses with $20 million to $200 million in revenue.
HCP Services Spotlights
Rampart Exterior Services is a leading provider re-roofing, waterproofing, repair, restoration, and maintenance services. The Company serves commercial customers and their consultants in the education, healthcare, and other industrial sectors. Rampart is actively seeking investments in commercial roofing and building exterior companies is the Southern and Mid-Atlantic markets with minimal exposure to new construction, residential customers, and storm-driven work. Read more at rampartexteriors.com.
Criticore is a provider of mission-critical preventative maintenance, low voltage, and medium voltage electrical services for highly technical facilities. Criticore is actively seeking investments in non-union businesses that provide electrical services for customers with critical uptime environments and that have a demonstrated focus on retrofit and reoccurring service work. Read more at criticoregroup.com.
HCP Services Focus Areas
Leveraging years of experience building services businesses, we have developed a keen awareness and understanding of secular trends and challenges in the services industry which help us identify attractive investment themes and niches within each of our sectors. This deep knowledge base allows us to move with speed and conviction when pursuing and diligencing investment opportunities.
ExecFactor® is Huron’s proprietary, thematic investment strategy where we underwrite an industry and partner with an executive or team of executives to deploy our buy and build investment model in one of our core services sectors.
Exit Announcements
ExperiGreen Lawn Care
Huron Capital sold a majority interest in ExperiGreen Lawn Care to funds managed by Wind Point Partners. Headquartered in Mishawaka, Indiana, ExperiGreen is focused on providing customized fertilization, weed control, aeration, seeding, disease treatment, grub control, perimeter pest control and tree and shrub care solutions to over 140,000 residential customers in the US and Canada.
Huron partnered with the Company in 2022 and supported its expansion, including organic growth and 19 acquisitions that drove a greater than 10-fold increase to EBITDA, transforming ExperiGreen from an upstart lawncare provider into a regional powerhouse. The Company’s senior management team, as well as Huron, will retain minority equity stakes in the business.
Pacific Shoring
Huron Capital recently sold Pacific Shoring to Palm Peak Capital. Founded in 2005 and headquartered in Santa Rosa, California, Pacific Shoring is a leading manufacturer of regulatory-driven underground and trench safety products.
Huron Capital partnered with Salt Creek Capital and CEO Bruce Russell to purchase the business in 2019. Over our ownership, the scale and profitability of the business has grown significantly through strategic add-ons, product line extensions, plant automation investments, and system implementations.
Huron Capital Updates
In 2024, Huron Capital celebrated its 25th anniversary. Throughout the last quarter century, Huron has built a leading PE franchise in the lower-middle-market. Founded in Detroit in 1999, Huron has acquired more than 290 companies through six control investment funds, managing over $2 billion in capital on behalf of a diversified global investor base, including public and private pension funds, insurance companies, endowments, foundations, consultants and family offices.
For the second consecutive year, Huron Capital was named to Inc.’s Founder-Friendly Investor List. This recognition underscores our commitment to empowering founder-led companies. We are proud to be recognized as a firm that is dedicated to entrepreneurial success.
Contact Us
For investment opportunities within our sectors of focus and introductions to executives with investment thesis ideas, please reach out to:
Leah Ierardi, Vice President
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
