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August 2023
Hastings Equity Builds Leading Industrial Staffing Platform with Investment in ASG Staffing
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund V portfolio company, TERRA Staffing Group (“TERRA”), has acquired ASG Staffing, Inc.. This is the first add-on investment TERRA has completed since Hastings acquired the company in January 2023.
August 2023
July 2023
Leading Utility Contractor, GridSource Incorporated, Appoints Jason Welz as CEO
GridSource Incorporated (“GridSource”), a Hastings Equity Partners Fund V platform investment, recently announced that Jason Welz has been appointed Chief Executive Officer of GridSource. An experienced business leader, Welz will succeed GridSource founder Dusty Johnson as CEO. Johnson will continue to be meaningfully involved in the business as a strategic advisor to the leadership team and board member of GridSource. Welz assumed responsibilities on June 5th, 2023.
July 2023
June 2023
Hastings Expands Telecom Services Platform with Investment in Accelerated Communications
Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce that its Fund V portfolio company, GridSource Incorporated (“GridSource”), has partnered with Accelerated Communications & Construction. This is the second company GridSource has added to the platform since Hastings acquired GridSource in December 2022.
June 2023
April 2023
Hastings Equity Builds Leading Utility Consulting Platform with Investment in Clear Path Utility Solutions
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund IV portfolio company, Celerity Consulting Group, LLC (“Celerity”), has acquired Clear Path Utility Solutions. This is the first add-on investment Celerity has completed since Hastings acquired the company in May 2021.
April 2023
March 2023
Hastings Equity Partners Builds Leading Telecom Services Platform with Investment in WiseConnect
Hastings Equity Partners (“Hastings”), a preferred capital partner to founders of lower middle market businesses, is pleased to announce its Fund V portfolio company, GridSource, Inc.’s (“GridSource”) acquisition of WiseConnect, Inc.. This is the first add-on investment GridSource has completed since Hastings acquired GridSource in December 2022.
March 2023
February 2023
Hastings Equity Partners Invests in the Merger of Imperative Chemical Partners and RSI Chemicals
Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle-market businesses, is pleased to announce the merger of its portfolio company, Imperative Chemical Partners, Inc. ("Imperative") with RSI Chemicals, two leading providers of specialty chemicals in the US. One Equity Partners has partnered with Hastings to recapitalize Imperative and simultaneously merge the two companies.
February 2023

Latest News
Hastings Equity Builds Leading Industrial Staffing Platform with Investment in ASG Staffing
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund V portfolio company, TERRA Staffing Group (“TERRA”), has acquired ASG Staffing, Inc.. This is the first add-on investment TERRA has completed since Hastings acquired the company in January 2023.