Another Active Year for Huron Capital

2018 was a very active year for Huron Capital. We added five new platform companies, completed 12 add-on acquisitions and deployed a significant amount of capital during the course of one of the busiest years in the firm’s history. We look forward to continuing this momentum as we celebrate our 20th Anniversary in 2019. But first, here’s a look back at 2018.

 

 

5 Platform Investments – a Record Year

We invested in more platforms in one year than ever before:

 


Atlantic Beverage Company
Specialty importer and distributor of food and beverage products


B&B Roadway & Security Solutions
Designer and manufacturer of roadway safety and perimeter security solutions


Direct Connect Logistix
Provider of logistics management and specialty freight brokerage services


High Street Insurance Partners
Provider of commercial property & casualty insurance


WD Lab Grown Diamonds
Producer of large, ultra-high-quality laboratory grown diamonds for the jewelry, scientific and industrial markets


12 Add-on Acquisitions Across 8 Portfolio Companies


Private Equity Exit Completed

Good Sportsman Marketing

  • Good Sportsman Marketing (GSM) is a leading designer and distributor of technologically advanced, branded accessories for the hunting, shooting and outdoorsman markets.
  • Huron Capital helped drive significant growth during the firm’s ownership, both organically and through three acquisitions. GSM introduced several new and differentiated products, increased share among existing customers and expanded distribution to new customers and national retailers.
  • Result: Under Huron’s ownership, GSM achieved top-line revenue growth of over 35% and EBITDA growth of over 100%.

Adding & Promoting Talent in 2018 and 2019

Huron Capital also expanded its team during the year and announced two promotions to Senior Partner. Key personnel actions included:

 

James Mahoney
Promoted to Senior Partner

David Reynolds
Promoted to Senior Partner

Brian Walker
Hired as Partner –
Strategic Leadership
 

Sherry Mennenga
Hired as Partner – Human Capital
 

Gabriel Mesanza
Hired as Partner – Performance Enhancement

Alex Blum
Hired as Associate

John Denison
Hired as Associate

Eric Knowles
Hired as Associate