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October 2024
Community Tree Service Expands Footprint with Acquisition of Southwest Contracting
Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce that Community Tree Service, a Hastings Fund V vegetation management platform, has acquired Southwest Contracting & Associates, a New Mexico-based tree thinning provider.
October 2024
August 2024
Hastings Equity expands MKD Electric with Acquisitions of JSET Automated Technologies & D&L Electric
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce that its portfolio company MKD Electric has acquired JSET Automated Technologies, a Hastings-backed data center services provider and D&L Electric, a Georgia-based electrical contractor.
August 2024
January 2024
Hastings Equity Builds Leading Traffic Control Platform with Investment in Superior Road Striping
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund IV portfolio company, High Star Traffic (“High Star”), has acquired Superior Road Striping. This is the first add-on investment High Star has completed since Hastings formed the Midwest traffic control platform in July 2022. High Star was created through the combination of three premier founder-led traffic services businesses: Traffic Control & Protection, TSI Traffic Control, and Traffic Control Specialists.
January 2024
August 2023
Hastings Equity Builds Leading Industrial Staffing Platform with Investment in ASG Staffing
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund V portfolio company, TERRA Staffing Group (“TERRA”), has acquired ASG Staffing, Inc.. This is the first add-on investment TERRA has completed since Hastings acquired the company in January 2023.
August 2023
July 2023
Leading Utility Contractor, GridSource Incorporated, Appoints Jason Welz as CEO
GridSource Incorporated (“GridSource”), a Hastings Equity Partners Fund V platform investment, recently announced that Jason Welz has been appointed Chief Executive Officer of GridSource. An experienced business leader, Welz will succeed GridSource founder Dusty Johnson as CEO. Johnson will continue to be meaningfully involved in the business as a strategic advisor to the leadership team and board member of GridSource. Welz assumed responsibilities on June 5th, 2023.
July 2023
June 2023
Hastings Expands Telecom Services Platform with Investment in Accelerated Communications
Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce that its Fund V portfolio company, GridSource Incorporated (“GridSource”), has partnered with Accelerated Communications & Construction. This is the second company GridSource has added to the platform since Hastings acquired GridSource in December 2022.
June 2023
April 2023
Hastings Equity Builds Leading Utility Consulting Platform with Investment in Clear Path Utility Solutions
Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce their Fund IV portfolio company, Celerity Consulting Group, LLC (“Celerity”), has acquired Clear Path Utility Solutions. This is the first add-on investment Celerity has completed since Hastings acquired the company in May 2021.
April 2023
Latest News
Community Tree Service Expands Footprint with Acquisition of Southwest Contracting
Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce that Community Tree Service, a Hastings Fund V vegetation management platform, has acquired Southwest Contracting & Associates, a New Mexico-based tree thinning provider.