HCI Equity Partners

HCI Equity Partners is a private equity firm established in 2003 and headquartered in Washington, D.C., with additional offices in Minneapolis, Minnesota, and Northbrook, Illinois. The firm specializes in leveraged buyouts and investments in growth-oriented lower middle-market companies, particularly those that are family or founder-owned. HCI focuses on a range of sectors, including industrial manufacturing, aerospace and defense, automotive aftermarket, foodservice, and energy services, among others. The firm typically invests between $15 million and $75 million in companies with enterprise values ranging from $20 million to $150 million, aiming for majority ownership while considering minority positions. HCI Equity Partners emphasizes building strong relationships with management teams, leveraging its extensive operational expertise to support growth initiatives and enhance the performance of its portfolio companies.

Robert Currier

Executive Partner

Bob Hund

Operating Partner

Brittany McDonald

Chief of Staff and Vice President of Communications

Nathan Novak

Principal

Amy Stremmel

CFO

Kathryn Towns

Executive Partner

Past deals in Refrigeration

Tech-24

Private Equity Round in 2023
Tech-24 specializes in the installation, maintenance, and emergency repair of foodservice and HVAC equipment. The company provides a wide range of services, including on-site repairs for various kitchen appliances such as refrigerators, ovens, fryers, and beverage dispensers, as well as HVAC, electrical, and plumbing services. Tech-24 caters to a diverse clientele, including full-service restaurants, quick-service restaurants, convenience stores, grocery stores, coffee shops, government facilities, schools, and entertainment venues across the United States. Founded in 1982 and based in Greenville, South Carolina, Tech-24 was previously known as Commercial Foodservice Repair, Inc. before rebranding in July 2014. The company operates additional offices throughout the Mid-Atlantic, Northeast, Central and Southern, and Western regions of the country.

Tech-24

Acquisition in 2020
Tech-24 specializes in the installation, maintenance, and emergency repair of foodservice and HVAC equipment. The company provides a wide range of services, including on-site repairs for various kitchen appliances such as refrigerators, ovens, fryers, and beverage dispensers, as well as HVAC, electrical, and plumbing services. Tech-24 caters to a diverse clientele, including full-service restaurants, quick-service restaurants, convenience stores, grocery stores, coffee shops, government facilities, schools, and entertainment venues across the United States. Founded in 1982 and based in Greenville, South Carolina, Tech-24 was previously known as Commercial Foodservice Repair, Inc. before rebranding in July 2014. The company operates additional offices throughout the Mid-Atlantic, Northeast, Central and Southern, and Western regions of the country.
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