Huron Capital Partners Named M&A Dealmaker of the Year by ACG Detroit
Private Equity Firm Awarded for Record-setting Year in Middle-Market
DETROIT, April 8, 2016 /PRNewswire/ -- After a record-setting transactional year in 2015 for the firm, Huron Capital Partners LLC ("Huron Capital") has been named "M&A Dealmaker of the Year" by the Association for Corporate Growth (ACG) Detroit chapter. Huron Capital completed 25 transactions during the year spanning 19 acquisitions in 13 different states, including four in Michigan.
Based in Detroit, Huron Capital is an operationally oriented investor focused on growing lower middle-market companies, which directly aligns with the global ACG mission of driving middle-market growth.
"On behalf of the entire firm, we are honored to receive this award for our work last year," said Managing Partner Brian Demkowicz. "Receiving this recognition further validates the strength of our team and builds momentum toward our goal of delivering another record year in 2016."
Huron Capital remained committed to its proprietary ExecFactor® buy-and-build investment model in 2015 by investing in companies that benefited from the firm's operational approach, substantial capital base, transaction experience, and seasoned operating executives. Last year, Huron's efforts were recognized by several other industry groups, including the M&A Atlas Private Equity Firm of the Year, M&A Atlas USA PE Deal of the Year, Acquisitions International – Best Deal Originations Team – USA, and the MiBiz Best Deal for the $25 million to $150 million category.
Last year's highlights included Huron Capital's December 2015 exit of its investment in Jensen Hughes, a provider of fire protection engineering and consulting services. Huron Capital first invested in the company in 2011 as part of an ExecFactor® initiative in the engineering services sector. Since that time, annual revenue grew from $56 million to over $175 million and the number of employees quadrupled. In partnership with Huron Capital, Jensen Hughes completed nine strategic add-on acquisitions and evolved into a global leader in specialty engineering services with 49 offices and over 800 employees across the globe.
Huron Capital also completed the sale of its interest in Optimum Plastics, a manufacturer of cast extruded and blown films. The firm first invested in Optimum in 2012 as part of an ExecFactor® initiative in the specialty chemicals and films market. From that time until exit, annual revenue grew from $45 million to over $100 million and the number of employees grew from 66 to 145.
The ACG Detroit chapter has approximately 370 members dedicated to driving middle-market growth. Filled with company leaders, private equity professionals, investment bankers, attorneys, advisory consultants and more, ACG Detroit strives to provide the best resources and networking opportunities to build connections and relationships to drive the growth community.
Huron Capital will be recognized at the ACG Detroit award ceremony alongside other M&A award winners on Tuesday, April 12. The award presentation will take place at The Townsend Hotel in Birmingham, Mich., from 5:30 – 8:30 p.m.
The information above represents select transactions completed during the year and is not intended to be all inclusive.
About Huron Capital Partners LLC
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 raised over $1.1 billion in capital through four committed private equity funds and invested in over 100 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 majority and less-than-majority 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, specialty manufacturing and healthcare. For more information, please visit www.huroncapital.com.
SOURCE Huron Capital Partners LLC
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