Hastings Equity Partners seeks investment opportunities where it can add value through strategic and operational initiatives. Hastings looks for companies, either platforms or add-ons, that meet the following criteria:
||Energy Services and Equipment
(Upstream, Midstream, & Downstream)
||Trailing EBITDA of $4-$15 million
(Add-on opportunities greater than $1 million)
||3 to 5 years of profitable operations
*Hastings is interested in learning about outstanding opportunities that may fall outside this criteria.
|| $5 to $20 million
|| Debt for purchase price and ongoing capital needs
|| 5 years
|| Control ( > 50%)
|| LBOs, MBOs, Recaps, Growth Capital
|| Board of Directors, Advisors to senior management
What Our Investors Say
Burnell Roberts | Hastings Investor
Mead Corporation, Former CEO
"The challenge facing any company is how to grow without comprising service. Hastings partnership with TSI provides real experience that makes a difference."
Ed Carpenter | Hastings Investor
Barnes Group, Former President & CEO
"Hastings enabled the prior owner to retire by bringing in a highly experienced operator who has revitalized Profiles. The company is now larger and more profitable than any time in its 40-year history."
Mike Lipscomb | Hastings Investor
Argo Tech, Former CEO
"The combination of my industry experience with Hastings' operations competence is a powerful catalyst for a small, growing company like QAA. We're putting the pieces in place to allow the company to grow to the next level."
Ralph Wilson | Hastings Investor
Buffalo Bills & Ralph Wilson Enterprises
"Drake has the hallmarks of a great investment: well established brand coupled with a new market opportunity. Hastings provides the hands-on strategic support to realize this opportunity."
Robert McCormack | Hastings Investor
US Navy, Former Assistant Secretary
"Seacon Phoenix had grown beyond its operational capabilities. Hastings' investment of capital and expertise helped improve operations which resulted in the company nearly doubling its revenue and tripling its profitability."
Hastings strives to help companies create sustained value for its employees, customers, and investment partners.