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Huron Capital celebrates 20th anniversary year with record number of deals closed in 2019
2020 was a year of uncertainty and challenge for all of us. But with the tremendous support of our trusted advisors, referral sources, teammates, and management teams, 2020 was the second most active year in Huron’s 21-year history. We are proud of our accomplishments, but most importantly, we are grateful for you and your unwavering trust and confidence in us.
By The Numbers:
- 27 transactions completed
- Most in firm’s 20-year history
- Across 10 platform companies
- 21 of 27 add-ons completed by ExecFactor platforms
- In 17 states
- 1 new platform
- And 32 speaking engagements
- 8 industry awards
We completed one new platform investment
We completed 1 exit and 1 strategic partnership
DV8 Offroad and Addictive Desert Designs – We sold the classic restoration and modern muscle divisions of Drake Automotive Group. Huron Capital retained ownership in the platform’s off-road enthusiast brands
InterVision – We brought on a strategic equity partner, MidOcean Partners, to help accelerate the company’s organic growth as well as support M&A in highly strategic areas such as cloud consulting and managed services, artificial intelligence and cybersecurity services
2021 is off to a great start with the creation of a new infrastructure services platform
This month we announced that, in partnership with management, we recapitalized Sunland Asphalt & Construction (“Sunland”). Based in Phoenix, AZ, Sunland is a market-leading asphalt producer and paving solutions provider serving the rapidly growing southwestern United States.
About Huron Capital
Based in Detroit, Huron Capital is an operationally focused private equity firm with a long history of growing lower middle-market companies through our proprietary ExecFactor® buy-and-build investment model. We prefer complex situations where we can help companies reach their full potential by combining our operational approach, substantial capital base, and transaction experience with seasoned operating executives. Founded in 1999, Huron Capital has successfully established six private equity funds with aggregate committed capital exceeding $1.8 billion and invested in over 210 companies, and our portfolio companies have employed over 11,000 people throughout North America. The Huron Capital buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies having revenues up to $200 million. Huron Capital targets both control and non-control equity stakes in fundamentally-sound companies that can benefit from the firm’s operational approach to creating value. Huron Capital’s sector focus includes business services, consumer products & services and specialty industrials. For more information, please visit: www.huroncapital.com
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
