Huron Capital Reports Strong Activity Through Mid-Year 2017
Detroit Private Equity Firm Completes 11 Deals Since December
DETROIT, June 22, 2017 /PRNewswire/ -- Huron Capital Partners LLC ("Huron Capital") today announced the firm is on pace for another strong year. Since December 2016, the Detroit-based private equity firm has completed seven acquisitions, three exits, and one dividend recap spanning three industry sectors: business services, consumer and specialty manufacturing.
Huron Capital's three recent exits included:
- Victoria Fine Foods – based in Brooklyn, N.Y., Victoria is a leading producer and marketer of specialty Italian food products, including all natural pasta sauces, Italian condiments, and other premium Italian products. The company was sold to a strategic buyer.
- Olon Products – based in Georgetown, Ont., Olon designs and manufactures drawer components, profile wrapped moldings, edge treatments and decorative laminate products for the North American furniture, residential remodeling and cabinet-making industries. The company was sold to a family office investor.
- LeadingResponse – based in Tampa, Fla., LeadingResponse provides customer acquisition marketing services for clients in the financial services, legal, insurance, healthcare and other vertical markets. The company was sold to a private equity group.
"Huron Capital has maintained its strategic approach and pushed forward in a market where valuations are high," said Managing Partner Brian Demkowicz. "Our team works hard, and the firm's message of majority or minority equity investments continues to resonate with business owners across the USA and Canada."
In addition to recent deal activity, Huron Capital's continued success includes being named one of the Top 50 Middle Market Private Equity firms by BRMG, and the firm was once again named "Dealmaker of the Year" by the Association for Corporate Growth (ACG) Detroit chapter. Lastly, Huron Capital Vice President Matt Hare received the "Rising Star" award by ACG Detroit.
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 raised over $1.7 billion in capital through six committed private equity funds and invested in over 130 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 manufacturing. For more information, please visit www.huroncapital.com.
SOURCE Huron Capital Partners LLC
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