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.

Inc. announces the 2022 Founder-Friendly Investors list, naming Hastings Equity as one of the best private equity firms with a track record of success backing entrepreneurs.

Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce it has completed the sale of Code Red Safety, a leading provider of safety equipment and solutions supporting the mission-critical safety needs of industrial facilities throughout the US, to Warren Equity Partners.

Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce its sixth Fund IV platform investment in Traffic Control Partners, LLC (“TCP”). TCP is the combination of three founder-led traffic services businesses: Traffic Control & Protection, LLC; TSI Traffic Control, LLC; and Traffic Control Specialists, LLC to form a leading traffic control platform in the Midwest.

Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce its first Fund V platform investment in Community Tree Service, LLC, a leading provider of vegetation management services for gas and electric utilities, state and local municipalities, and commercial and residential customers.

Hastings Equity Partners 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 Bachelor Controls, Inc.. This is the fourth 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.

Hastings Equity Partners 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. 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.

Refractory Construction Services Co., LLC, 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.

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, a leading provider of information management consulting services for gas and electric utilities, state governments, law firms, and corporations.

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.