Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce its first Fund V platform investment in Community Tree Service, LLC, a leading provider of vegetation management services for gas and electric utilities, state and local municipalities, and commercial and residential customers.

Hastings Equity Partners announced that its portfolio company, MKD Electric, LLC (“MKD”), a full-service industrial automation and electrical service platform, is pleased to announce its investment in Bachelor Controls, Inc.. This is the fourth investment MKD has completed since Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, acquired MKD in January 2021.

Hastings Equity Partners announced that its portfolio company, MKD Electric, LLC (“MKD”), a full-service industrial automation and electrical service platform, is pleased to announce its investment in XSTele.com, LLC. This is the third investment MKD has completed since Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, acquired MKD in January 2021.

Refractory Construction Services Co., LLC, a leading provider of refractory, mechanical, specialty welding, fire proofing and coatings services to industrial facilities, is pleased to announce the release of Rapid Solution Systems, a patented suite of closed-loop, engineered silica mitigation tools that can help keep workers safer and help keep project costs lower.

Hastings Equity Partners, a preferred capital partner to founders of lower middle market businesses, is pleased to announce its fifth Fund IV platform investment in Celerity Consulting Group, LLC, a leading provider of information management consulting services for gas and electric utilities, state governments, law firms, and corporations.

MKD Electric, LLC, a full-service industrial automation and electrical service platform, is pleased to announce the acquisition of Powercor Services, a Power Design & Control Systems Integrator, serving customers across the US.

MKD Electric, LLC, a full-service industrial automation and electrical service platform, made an investment in Ecosense Lighting, Inc., a leading LED technology company delivering advanced lighting solutions across a broad range of applications.

Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its fourth Fund IV platform investment in MKD Electric, Inc., a leading full-service industrial automation and electrical service platform.

Specialty Welding and Turnarounds, LLC, a leading provider of specialty welding and other highly technical services to the oil and gas refinery, biodiesel, petrochemical, and industrial markets, announced the acquisition of Hydroprocessing Associates, LLC.

Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, is pleased to announce the merger of its portfolio company A&L Industrial Services with AXIOS Industrial Group, LLC. The company will operate under the name AXIOS.