HKW

HKW Announces Acquisition of Technical Toolboxes

Retrieved on: 
Thursday, January 6, 2022

HKW, a middle-market private equity firm focused on growth-oriented companies, has acquired Technical Toolboxes Powertools, Inc. ("Technical Toolboxes" or "Company").

Key Points: 
  • HKW, a middle-market private equity firm focused on growth-oriented companies, has acquired Technical Toolboxes Powertools, Inc. ("Technical Toolboxes" or "Company").
  • Technical Toolboxes provides cloud-based analytics and compliance-oriented software solutions to pipeline operators, as well as related engineering companies, construction service providers, and industrial inspection firms.
  • "Technical Toolboxes provides proactive risk management software solutions to support the safe, environmentally risk-mitigated delivery of energy.
  • "Technical Toolboxes' software solutions fit squarely in HKW's investment areas of focus," said Rick Ammar, Principal HKW.

Hill, Kertscher & Wharton Attorneys Named to List of Georgia's Legal Elite

Retrieved on: 
Wednesday, December 15, 2021

ATLANTA, Dec. 15, 2021 /PRNewswire-PRWeb/ -- Nine attorneys from the Atlanta-based law firm of Hill, Kertscher & Wharton, LLP were recently recognized as the state's "Legal Elite" by business and politics magazine, Georgia Trend.

Key Points: 
  • ATLANTA, Dec. 15, 2021 /PRNewswire-PRWeb/ -- Nine attorneys from the Atlanta-based law firm of Hill, Kertscher & Wharton, LLP were recently recognized as the state's "Legal Elite" by business and politics magazine, Georgia Trend.
  • They are Steve Hill, Doug Kertscher, Scott Wharton, Blake Frye, John North, Lucas Geren, Julie Burke, Jerry Liu, and Martha Decker.
  • The Legal Elite honor has special significance because it is based solely on the votes of practicing lawyers in Georgia and provides an insider's view into the legal industry's most accomplished lawyers.
  • However, providing clients with solutions to sophisticated legal problems remains the motivation for HKW attorneys, according to partner Steve Hill .

Civix Expands Elections Management Platform Through Exclusive Deal With DemTech

Retrieved on: 
Tuesday, October 12, 2021

Through an exclusive licensing agreement, DemTech's full suite of software will be integrated into Civix's Elections Management Platform, including electronic poll books (e-poll books), ballot delivery and marking solutions, and precinct-level elections results reporting.

Key Points: 
  • Through an exclusive licensing agreement, DemTech's full suite of software will be integrated into Civix's Elections Management Platform, including electronic poll books (e-poll books), ballot delivery and marking solutions, and precinct-level elections results reporting.
  • "Civix is laser focused on innovation in elections, and that includes improving the day-to-day of election management," said Tom Amburgey, CEO of Civix.
  • "Adding DemTech's solutions to Civix's Elections Management Platform will further eliminate friction, streamline processes, and seamlessly connect county, jurisdiction, and state systems."
  • Civix's newly expanded Election Management Platform will increase accessibility and transparency across the elections spectrum, including voter registration, absentee and mail-in voting, elections results reporting, elections validation and support, redistricting, campaign finance and management, poll worker administration, and e-poll books.

HKW Announces Sale of Protect Plus Air

Retrieved on: 
Wednesday, September 29, 2021

HKW, a middle-market private equity firm focused on growth-oriented companies, announces the sale of PPA Holding, Inc. ("Protect Plus Air") to Freudenberg Filtration Technologies.

Key Points: 
  • HKW, a middle-market private equity firm focused on growth-oriented companies, announces the sale of PPA Holding, Inc. ("Protect Plus Air") to Freudenberg Filtration Technologies.
  • Protect Plus Air, headquartered in Hickory, NC, is a leading manufacturer of home environment air quality filters.
  • During the investment period, HKW helped Protect Plus Air strengthen foundational operating processes, including capital investments in automation and enhanced manufacturing efficiencies.
  • "Protect Plus Air has a great product line and is a perfect example of a company where HKW could provide operating expertise to support management on improving efficiencies," said James Snyder, Partner at HKW.

Freudenberg Strengthens Filter Business in U.S.

Retrieved on: 
Wednesday, September 22, 2021

WEINHEIM, Germany, Sept. 22, 2021 /PRNewswire/ -- Freudenberg is expanding its filter business strategically. In the United States, the Freudenberg business group Filtration Technologies is acquiring Protect Plus Air Holding, Inc. from its current owner, the Indianapolis-based private equity firm HKW. Based in Hickory, North Carolina, Protect Plus Air is a leading producer of high-quality air filters that are mainly sold through retailers for residential buildings. The company has 940 employees and generated $118 million in revenue in 2020. The parties have agreed not to disclose the purchase price.

Key Points: 
  • WEINHEIM, Germany, Sept. 22, 2021 /PRNewswire/ -- Freudenberg is expanding its filter business strategically.
  • In the United States, the Freudenberg business group Filtration Technologies is acquiring Protect Plus Air Holding, Inc. from its current owner, the Indianapolis-based private equity firm HKW.
  • The Freudenberg Filtration Technologies business group is providing its expertise in innovation, materials and production to the company.
  • In 2020, the Freudenberg Group employed about 48,000 people in some 60 countries worldwide and generated sales of some 8.8 billion.

HKW Announces Sale of Fresh Direct Produce

Retrieved on: 
Wednesday, August 11, 2021

HKW, a middle-market private equity firm focused on growth-oriented companies, announces the sale of portfolio company Fresh Direct Produce, Ltd. (Fresh Direct Produce) to PNC Riverarch Capital.

Key Points: 
  • HKW, a middle-market private equity firm focused on growth-oriented companies, announces the sale of portfolio company Fresh Direct Produce, Ltd. (Fresh Direct Produce) to PNC Riverarch Capital.
  • Fresh Direct Produce, headquartered in Vancouver, British Columbia, Canada, is a distributor of fresh, ethnic, tropical, organic, and specialty produce.
  • Now, nearly three years later, it has been quite a journey, said Davis Yung, President, CEO, and co-founder of Fresh Direct Produce.
  • HKW is thankful for having had the chance to partner with the Fresh Direct Produce team, said Kent Robinson, former Chairman of the Board of Directors and Partner at HKW.

HKW Promotes Rick Ammar to Principal

Retrieved on: 
Monday, June 7, 2021

HKW, an Indianapolis-based middle-market private equity firm, is announcing Rick Ammars promotion to Principal.

Key Points: 
  • HKW, an Indianapolis-based middle-market private equity firm, is announcing Rick Ammars promotion to Principal.
  • Mr. Ammar joined HKW in 2020 as a vice president, and he will continue to serve in a senior role as part of HKWs expanding technology efforts.
  • View the full release here: https://www.businesswire.com/news/home/20210607005185/en/
    Rick has been instrumental in helping HKW establish a technology sector focus, said Jeff Bistrong, Partner at HKW.
  • HKW is a middle-market private equity firm investing in companies with talented management teams in the US and Canada.

HKW Announces Internal Promotion to Enhance M&A Strategy

Retrieved on: 
Thursday, June 3, 2021

HKW, an Indianapolis-based middle-market private equity firm, is announcing today Michael Terrells promotion to Vice President, effective immediately.

Key Points: 
  • HKW, an Indianapolis-based middle-market private equity firm, is announcing today Michael Terrells promotion to Vice President, effective immediately.
  • Mr. Terrell joined HKW in 2018 as an associate working on the Financial Analysis team collaborating with transactions, operations, and investor relations teams.
  • He earned an MBA, JD, and BS in Business from Indiana University and while in school, interned at HKW.
  • He currently serves on the board of directors for several HKW portfolio companies, including Brant InStore, TRSB, and Urban Armor Gear.

HKW Portfolio Company TRSB Acquires Anglocom

Retrieved on: 
Friday, May 21, 2021

b'HKW, a middle-market private equity firm, today announced its portfolio company, Traductions Serge B\xc3\xa9lair Inc. (\xe2\x80\x9cTRSB\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), has acquired Anglocom.

Key Points: 
  • b'HKW, a middle-market private equity firm, today announced its portfolio company, Traductions Serge B\xc3\xa9lair Inc. (\xe2\x80\x9cTRSB\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), has acquired Anglocom.
  • The financial terms of the transaction were not disclosed.\nFounded in 1993, Anglocom is based in Quebec City and is a full-service translation company.
  • The in-house teams of French and English translators specialize in high-profile corporate communications for industries like advertising, government, ministries, financial institutions, universities, museums, retailers, and more.\n\xe2\x80\x9cWe are proud to welcome Anglocom to the TRSB family,\xe2\x80\x9d said Mary Kazamias, CEO, TRSB.
  • We are excited by how the expansion of services can benefit our clients.\xe2\x80\x9d\n\xe2\x80\x9cThe partnership between TRSB and Anglocom further compliments TRSB\xe2\x80\x99s footprint in the translation industry,\xe2\x80\x9d said Michael Terrell, HKW Member of the TRSB Board of Directors.

 HKW Announces Acquisition of CIS

Retrieved on: 
Tuesday, April 20, 2021

b'HKW, a middle-market private equity firm, today announced the acquisition of CIS Secure Computing, Inc. (\xe2\x80\x9cCIS\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) from Acorn Growth Companies.

Key Points: 
  • b'HKW, a middle-market private equity firm, today announced the acquisition of CIS Secure Computing, Inc. (\xe2\x80\x9cCIS\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) from Acorn Growth Companies.
  • CIS is a provider of secure and customized communications technologies that help prevent data leaks/tracking, eavesdropping, and hacking.
  • CIS also aligns with HKW\xe2\x80\x99s Business Services sector focus, notably within the Tech-Enabled Business Services subsector.\n\xe2\x80\x9cWe believe CIS has an established market share in an industry with compelling tailwinds,\xe2\x80\x9d said Luke Phenicie, Lead Transaction Partner at HKW.
  • Since 1982, HKW has sponsored 64 platform transactions of lower middle-market companies throughout North America, as well as 70 add-on acquisitions.