HKW

HKW Strengthens Investment Team Across Core Competencies with Two New Partners

Retrieved on: 
Monday, April 1, 2024

HKW, a middle-market private equity firm focused on growth companies, today announced that it has hired Laurence Lederer and Devraj Roy as Partners.

Key Points: 
  • HKW, a middle-market private equity firm focused on growth companies, today announced that it has hired Laurence Lederer and Devraj Roy as Partners.
  • With the new hirings, HKW continues to emphasize its strategy of partnering with business builders that strive to identify investment opportunities, accelerate growth and generate value.
  • Lederer joins with more than two decades of investment experience and will seek to leverage this experience to help identify growth companies and partnership opportunities for HKW.
  • “We are confident that our legacy will continue with the support of our team members and portfolio companies.”

Civix Appoints Seasoned Gov Tech Executive Phillip Braithwaite as New CEO, Strengthening Commitment to Transforming the Public Sector

Retrieved on: 
Thursday, January 11, 2024

HEATHROW, Fla., Jan. 11, 2024 /PRNewswire/ -- Civix , a leading public sector software and services provider, has appointed Phillip Braithwaite as its new Chief Executive Officer.

Key Points: 
  • HEATHROW, Fla., Jan. 11, 2024 /PRNewswire/ -- Civix , a leading public sector software and services provider, has appointed Phillip Braithwaite as its new Chief Executive Officer.
  • "We are proud to welcome Phillip to Civix," said Civix Board Chair and Hammond Kennedy Whitney & Co., Inc. ( HKW ) President Mike Foisy.
  • Prior to Civix, Braithwaite has served in various government technology industry roles, notably as CEO of Hart InterCivic for a decade.
  • "I am excited to embark on the mission of transforming the public sector in my new role at Civix, an endeavor that significantly affects public servants and the constituents they serve," said Braithwaite.

JOHN CARSELLO JOINS A LEADING THIRD-PARTY LOGISTICS COMPANY AS CHIEF OF STAFF

Retrieved on: 
Tuesday, May 30, 2023

INDIANAPOLIS, May 30, 2023 /PRNewswire/ -- Spot, one of the fastest-growing third-party logistics companies in North America, is pleased to welcome John Carsello as Chief of Staff.

Key Points: 
  • INDIANAPOLIS, May 30, 2023 /PRNewswire/ -- Spot, one of the fastest-growing third-party logistics companies in North America, is pleased to welcome John Carsello as Chief of Staff.
  • In this position, Carsello will be responsible for a wide range of internal initiatives, working alongside Spot's executive leadership team.
  • Prior to joining Spot, Carsello was a partner at Hammond, Kennedy, Whitney & Company (HKW) where his responsibilities included the identification, valuation, structuring and due diligence of the company's investment opportunities.
  • "As Chief of Staff, it's my responsibility to ensure Spot operates like a well-oiled machine — optimizing processes, increasing organizational effectiveness, and strengthening the efforts of the remarkable team.

CMIT Solutions Expands Its Network of Resources to Enhance Support for Hospitality Industry

Retrieved on: 
Tuesday, April 18, 2023

CMIT Solutions is one of only a few MSPs with hospitality-specific IT and cybersecurity expertise and solutions.

Key Points: 
  • CMIT Solutions is one of only a few MSPs with hospitality-specific IT and cybersecurity expertise and solutions.
  • HKW's support will help CMIT Solutions bring even more industry-aligned innovation to hoteliers through initiatives like increasing operational efficiencies and IT services fulfillment capabilities.
  • CMIT Solutions offers a broad spectrum of technology services, from proactive computer monitoring and maintenance to cybersecurity solutions, with quick support when unexpected crises occur.
  • For more information on CMIT Solutions and its services, please visit cmitsolutions.com or call (401) 385-9966.

HKW Acquires CMIT Solutions and HTW

Retrieved on: 
Monday, January 9, 2023

HKW, a middle-market private equity firm focused on growth companies, has acquired CMIT Solutions LLC (“CMIT”), a leading IT Managed Service Provider (MSP) franchisor, and HTW, Inc. (“HTW”), CMIT’s largest franchisee.

Key Points: 
  • HKW, a middle-market private equity firm focused on growth companies, has acquired CMIT Solutions LLC (“CMIT”), a leading IT Managed Service Provider (MSP) franchisor, and HTW, Inc. (“HTW”), CMIT’s largest franchisee.
  • View the full release here: https://www.businesswire.com/news/home/20230109005146/en/
    As a rapidly growing IT and cybersecurity organization, CMIT is strongly aligned with HKW’s investment focus.
  • A combined CMIT and HTW team of IT and security professionals will provide clients with solutions for larger and more complex projects.
  • “HKW shares our goal of accelerating our company’s growth while creating more value for our clients,” said Roger Lewis, CEO of CMIT.

CMIT Solutions Announces Acquisition By HKW

Retrieved on: 
Monday, January 9, 2023

AUSTIN, Texas, Jan. 9, 2023 /PRNewswire/ -- CMIT Solutions LLC ("CMIT"), a leading IT Managed Service Provider (MSP) franchisor, today announced the transition of ownership from Craftsman Capital to HKW, a middle-market private equity firm focused on growth companies in the US and Canada.

Key Points: 
  • AUSTIN, Texas, Jan. 9, 2023 /PRNewswire/ -- CMIT Solutions LLC ("CMIT"), a leading IT Managed Service Provider (MSP) franchisor, today announced the transition of ownership from Craftsman Capital to HKW, a middle-market private equity firm focused on growth companies in the US and Canada.
  • As a rapidly growing IT and cybersecurity organization, CMIT is strongly aligned with HKW's investment focus.
  • "HKW shares our goal of accelerating our company's growth while creating more value for our clients," said Roger Lewis, CEO of CMIT.
  • "The MSP and cybersecurity industry continues to expand as businesses seek solutions to address increasing cyber threats and IT complexity," Daniel Kim, Partner at HKW, said.

HKW expands its portfolio with e-learning solutions provider dominKnow

Retrieved on: 
Thursday, December 22, 2022

HKW, a middle-market private equity firm focused on growth companies, has recapitalized dominKnow, Inc. ("dominKnow " or "Company").

Key Points: 
  • HKW, a middle-market private equity firm focused on growth companies, has recapitalized dominKnow, Inc. ("dominKnow " or "Company").
  • dominKnow provides cloud-based authoring solutions that allow enterprises to deliver e-learning content and training courses to internal and external workforces, partners, suppliers, and customers.
  • "Large enterprises have e-learning content management needs that vastly exceed the capabilities of general off-the-shelf solutions," said Daniel Kim, Partner at HKW.
  • "dominKnow fits squarely within HKW's investment focus," said Meelan Patel, Vice President at HKW.

Mitsubishi Corporation awarded Hollandse Kust West Site VI Offshore Wind in the Netherlands

Retrieved on: 
Friday, December 16, 2022

TOKYO, Dec 16, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that MC, through its 80% subsidiary N.V. Eneco (Eneco), and Shell plc have been successful in the tender for the Hollandse Kust West Site VI offshore wind farm (HKW, 760MW capacity) located approximately 50 km off the northwest coast of the Netherlands.

Key Points: 
  • TOKYO, Dec 16, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that MC, through its 80% subsidiary N.V. Eneco (Eneco), and Shell plc have been successful in the tender for the Hollandse Kust West Site VI offshore wind farm (HKW, 760MW capacity) located approximately 50 km off the northwest coast of the Netherlands.
  • This will be Eneco's fifth offshore wind projects in the Netherlands, bringing the gross capacity of offshore wind 2,500MW.
  • While offshore wind power generation will play a central role in the future expansion of renewable energy, it is essential to promote it in harmony with the environment, including marine ecosystems.
  • This project will implement various measures to minimize environmental impact, and is expected to contribute to the continuous expansion of offshore wind power generation.

HKW Portfolio Company Culture Partners Acquires Paradigm Learning

Retrieved on: 
Monday, November 21, 2022

HKW , a middle-market private equity firm focused on growth-oriented companies, announced today that its portfolio company, Culture Partners , has acquired Paradigm Learning .

Key Points: 
  • HKW , a middle-market private equity firm focused on growth-oriented companies, announced today that its portfolio company, Culture Partners , has acquired Paradigm Learning .
  • "Paradigm Learning empowers leaders to connect and experience how their decisions impact the results of their company or division.
  • Culture Partners' also recently acquired The Culture EquationTM , developed by Dr. Jessica Kriegel, now Chief Scientist of Workplace Culture at Culture Partners.
  • Culture Partners' purpose is to unleash the power of culture to inspire businesses and people to reach their full potential.

HKW Announces Sale of Telematics Solutions Provider Certified Tracking Solutions

Retrieved on: 
Tuesday, October 11, 2022

HKW , a middle-market private equity firm focused on growth-oriented companies, has sold Certified Tracking Solutions to GPS Insight , an Accel-KKR portfolio company.

Key Points: 
  • HKW , a middle-market private equity firm focused on growth-oriented companies, has sold Certified Tracking Solutions to GPS Insight , an Accel-KKR portfolio company.
  • Certified Tracking Solutions , headquartered in Edmonton, Alberta, Canada, provides cloud-based software to support GPS tracking solutions, fleet tracking and management, and workflow optimization.
  • HKW partnered with Certified Tracking Solutions in April of 2018, attracted to CEO Ben Jensen's passion for the business, scalable, recurring revenue model, and diverse customer base.
  • Certified Tracking Solutions completed one add-on acquisition, CAMS, a specialized municipal vehicle tracking software, during the investment period.