Investment Profile

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:

Investment Criteria

Primary Industry Energy Services and Equipment
(Upstream, Midstream, & Downstream)
Size* Trailing EBITDA of $4-$15 million
(Add-on opportunities greater than $1 million)
History 3 to 5 years of profitable operations
Management Continuity preferred
Location North America

*Hastings is interested in learning about outstanding opportunities that may fall outside this criteria.

Investment Structure

Equity $5 to $20 million
Leverage Debt for purchase price and ongoing capital needs
Horizon 5 years
Ownership Control ( > 50%)
Transactions LBOs, MBOs, Recaps, Growth Capital
Representation 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."

Fast Fact

Hastings strives to help companies create sustained value for its employees, customers, and investment partners.