Heartwood Partners
TOP 50 PE Winner
2022
Firm Inception: 1982
Number of Active Portfolio Investments: 15
Number of Realized Investments: Many
Investment Range: $50 - $350M Revenue
Current Fund: Fund IV
Current Fund Size: Target of $700M
Transactions completed since October 2020, including acquisitions, add-ons, and divestments: Acquisition of Patten Seed,
Mid Tenn Turf
Frog Pond Turf,
An unannounced Sod Store,
Greenville Colorants,
ITECH,
Spectex,
Mueller Die Cut,
All American Label & Packaging
Western Shield Label and Packaging
A Nutraceutical Co-Manufacturer,
An Environmental Reclamation Business,
A Manufacturer of Modularly Constructed Rooms
Sale of Allentown and CMI
Leadership:
John Willert, Partner, Business Development
James Sidwa, Partner
Demetrios Dounis, Partner
Ed Tan, Partner
Mark Allsteadt, Managing Partner
Robert Tucker, Managing Partner
Team Members: 29
Primary Address: 301 Merritt 7, Norwalk, CT 06851
Website: www.heartwoodpartners.com
Phone Number: 203-625-0770
Which best describes the firm?: Traditional | LP Funded
Industry focus: Industrial, Consumer Products & Consumer Services, Agriculture, Business Services, Industrial Services, Manufacturing
Attributes: Firm History, Deal Volume, Firm Growth, Unique Firm Strategy, Portfolio Excellence, Team Building, Performance, Private Equity Innovation
Overview
Heartwood Partners (formerly Capital Partners, Inc., www.capitalpartners.com) is investing from Heartwood Partners Private Fund IV, LP, a fund targeting $700 million of commitments and which makes control investments in private companies. We do not burden our investment companies with significant debt (purchase prices are funded with 60% to 100% equity, 0% to 40% debt) and use tax-efficient flow-through entities to provide stability and allow our investment companies grow faster and make quarterly distributions of excess cash flow to all shareholders; a great way for sellers to continue to receive a strong income from business and full upside pari passu with ours. Our low-debt structure is often preferable to business owners considering reinvestment or continued involvement in the business post transaction or continued involvement in the business post transaction.
We invest in companies with the following parameters:
• $5MM - $30MM EBITDA
• Preferably a tax pass-through entity or asset sale
In addition, Heartwood Partners seeks to support the management teams of several of our investment companies who are aggressively seeking add-on corporate acquisitions
Why do prospects want to do business with the firm?
They want a market price, a partner for growth, skills for expanding DTC, improved HR and operations, a checkbook for add-ons, and they want to retain equity in partnership while retaining dividend income and while avoiding high debt.
Why do intermediaries present opportunities and want to conduct transactions with the firm?
Reputation for honesty, closing, and our unique approach.
Heartwood Partners
HQ
301 Merritt 7
Norwalk, CT
06851
Call 203-625-0770 | Visit https://heartwoodpartners.com/→