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:
- 27 Transactions Completed
- 21 Execfactor Deals
- 32 Speaking Engagements
- 10 Industry Awards
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
- High Street Insurance Partners
- Albireo Energy
- Sciens Building Solutions
- XLerate Group
Another story within the numbers is the acquisition momentum of our facilities services group, which currently includes Albireo Energy, Pueblo 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.
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?
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.