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 | |
|---|---|
| Industry* | Manufacturing; Distribution; Business Services |
| Markets | Favorable dynamics |
| Size | > $8 million, with trailing EBITDA of $1-$5 million |
| History | 3 to 5 years of profitable operations |
| Management | Continuity preferred |
| Location | Continental US |
* Hastings does not invest in the following industries: Real estate, retail, restaurants, high tech, biotech and telecommunications
| Investment Structure | |
|---|---|
| Equity | $2 to $8 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 |