Hastings Equity Partners

About The Fund

Hastings Equity Partners is a private equity firm established in 2004 with a specialization in lower, middle-market businesses across North America, with a particular focus on founder-led companies. Their mission is to partner with entrepreneurs and provide their first institutional capital, aiding them in scaling their businesses. The team emphasizes a hands-on and collaborative approach aimed at maximizing the potential of these businesses, leveraging operational expertise, financial acumen, and a suite of resources to foster their growth within an open, honest, and inclusive culture. The firm selectively invests in small to mid-sized enterprises which include Manufacturing, Distribution, and Business Services sectors with a clear criteria that the businesses should have trailing EBITDA of $4-$10 million (or over $1 million for add-on opportunities), profitable operations for at least 3 to 5 years, and be located within the Continental U.S. They avoid investing in real estate, retail, restaurants, high tech, biotech, or telecommunications. With equity investments ranging from $5 to $20 million, Hastings ensures that management teams invest alongside them, thereby aligning interests for sustained growth and success. They have launched 5 investment funds and have created over 20,000 active deal-sourcing relationships. The firm boasts an impressive 2.3x average revenue increase of exited investments. They have completed a combination of 28/45 platform and add-on investments, reflecting their strategy of building businesses through both organic growth and acquisitions. The team of accomplished experts at Hastings is dedicated to fostering these partnerships for positive outcomes and is committed to providing powerful and responsible leadership to both business owners and investors.