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.

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.

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.

TERRA Staffing Group, a Hastings Equity Partners Fund V investment, was named to Puget Sound Business Journal's Middle Market Fast 50 List.

Traffic Control & Protection, a leading mid-west traffic services business, announced today that it will be known as High Star Traffic.

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.

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.

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.

Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its third Fund V platform investment in TERRA Staffing Group.

Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its second Fund V platform investment in GridSource, Inc.