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January 11, 2022

Hastings Equity Partners Invests in XS Telecom

Hastings Equity Partners (“Hastings”) announced that its portfolio company, MKD Electric, LLC (“MKD”), a full-service industrial automation and electrical service platform, is pleased to announce its investment in XSTele.com, LLC (“XS Telecom”). This is the third investment MKD has completed since Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, acquired MKD in January 2021.

January 11, 2022

December 14, 2021

New RCS Offering Reduces Silica Exposure On-Site

Refractory Construction Services (RCS), a leading provider of refractory, mechanical, specialty welding, fire proofing and coatings services to industrial facilities, is pleased to announce the release of Rapid Solution Systems, a patented suite of closed-loop, engineered silica mitigation tools that can help keep workers safer and help keep project costs lower.

December 14, 2021

October 29, 2021

Hastings Announces Merger of Reach Wireline and Edge OFS

Hastings Equity Partners (“Hastings”), a preferred capital partner to lower middle market businesses, is pleased to announce the merger of Reach Wireline, LLC (“Reach”) and Edge OFS Holdings, LLC (“Edge OFS”), a portfolio company of Edge Natural Resources, LLC.

October 29, 2021

July 2021

Hastings Invests in Celerity Consulting Group

Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce its fifth Fund IV platform investment in Celerity Consulting Group, LLC.

July 2021

June 2021

MKD Electric Invests in Powercor Services

MKD Electric, LLC, a full-service industrial automation and electrical service platform, is pleased to announce the acquisition of Powercor Services, a Power Design & Control Systems Integrator, serving customers across the US.

June 2021

February 2021

MKD Electric Invests in Ecosense Lighting

MKD Electric, LLC, a full-service industrial automation and electrical service platform, made an investment in Ecosense Lighting, Inc., a leading LED technology company delivering advanced lighting solutions across a broad range of applications.

February 2021

February 2021

Hastings Invests in MKD Electric

Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its fourth Fund IV platform investment in MKD Electric, Inc.

February 2021

December 2020

Specialty Welding and Turnarounds Announces Acquisition of Hydroprocessing Associates

Specialty Welding and Turnarounds, LLC, a leading provider of specialty welding and other highly technical services to the oil and gas refinery, biodiesel, petrochemical, and industrial markets, announced the acquisition of Hydroprocessing Associates, LLC.

December 2020

July 2020

Reach Wireline Partners with Carnegie Mellon to drive Environmental, Health, and Safety Innovation

Over the last few years, there has been an ongoing trend in EHS technology focused on the advancement of devices on the worksite. More specifically, there has been an increase in the usage of wearable technology and incorporating VR headsets to further engage the front-line workforce.

We want to shed light on a customer based out of Fort Worth, Texas, who understands the importance of VR on-site. Meet Reach Wireline. This organization has continued to persevere and has implemented tactics to use this innovative technology on-site to accommodate our now socially distant world.

July 2020

June 2020

AXIOS Industrial Group and A&L Industrial Services Merger

Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, is pleased to announce the merger of its portfolio company A&L Industrial Services (A&L) with AXIOS Industrial Group, LLC. The company will operate under the name AXIOS.

June 2020

Latest News

Hastings Equity Partners Invests in XS Telecom

Hastings Equity Partners (“Hastings”) announced that its portfolio company, MKD Electric, LLC (“MKD”), a full-service industrial automation and electrical service platform, is pleased to announce its investment in XSTele.com, LLC (“XS Telecom”). This is the third investment MKD has completed since Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, acquired MKD in January 2021.