Huron Capital Celebrates 20th Anniversary Year with Record Number of Deals Closed in 2019

We knew 2019 would be a historic year as we celebrated our 20th anniversary and all that we’ve accomplished since 1999. What we didn’t know, is that 2019 would be a record year for deals closed. We began the year with a bang, closing five transactions in one month (!) and carried that momentum throughout the year. Here’s a quick look at our results:

 

 

Our high-impact buy-and-build approach resulted in significant growth across the portfolio, as five of our platform companies completed three or more add-on acquisitions in 2019.

Our most active platform companies were as follows:


Pueblo Mechanical & Controls
5 transactions


High Street Insurance Partners
5 transactions


Albireo Energy
4 transactions


Sciens Building Solutions
3 transactions


XLerate Group
3 transactions


Another story within the numbers is the acquisition momentum of our facilities services group, which currently includes Albireo EnergyPueblo Mechanical & Controls and Sciens Building Solutions. All three platform companies completed at least three add-on acquisitions within the year. These companies are growing within their regions and specialties, fueled by add-on activity and the expertise that Huron Capital brings to the sector.

This year, we expect all three of these platform companies continue to grow as we seek additional add-on opportunities.


21 Add-ons Across Six ExecFactor® Platforms

2019 also showcased the effectiveness of our proprietary ExecFactor® program –  our executive-led market entry program that seeks to combine a CEO’s industry expertise with Huron Capital’s extensive investment experience, operational capabilities and committed capital.


Awards

Our goal is to buy and build companies in a way that benefits our management teams and investors – not to win awards – but it is nice to be recognized from time to time.  Here is a selection of the awards we were honored to win in 2019:

  • M&A Advisor Private Equity Firm of the Year
  • Grady Campbell Top 50 Middle Market Private Equity Firm
  • M&A Atlas US Private Equity Firm of the Year
  • M&A Atlas Deal of the Year – WD Lab Grown Diamonds

Huron Capital’s 2020 Vision: Another Good Year in Sight

On the heels of a strong M&A environment in 2019 and continued economic stability, we look forward to further investment activity in 2020. Think you might have a platform opportunity for our buyout (Flagship Equity) or non-control minority (Flex Equity) strategies? Or perhaps you have an add-on idea for an existing portfolio company?

Please contact Heather Madland or Rich Grajewski.