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

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.