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Articles from HKW

HKW Acquires Electric Equipment & Engineering Co.
HKW, a middle market private equity firm focused on growth companies, has acquired Electric Equipment & Engineering Co. (“EEE”).
By HKW · Via Business Wire · July 3, 2025
HKW Announces Internal Promotions to Enhance M&A Strategy
HKW, an Indianapolis-based middle-market private equity firm, is announcing today Jake Luker and Alex Johnson’s promotion to Vice President, effective January 1, 2025. Luker and Johnson both joined HKW in 2021 as associates working with the transactions, operations, and investor relations teams. Their responsibilities now include evaluating new investment opportunities, due diligence oversight, growth initiatives for portfolio companies, and execution of platform and add-on transactions.
By HKW · Via Business Wire · January 21, 2025
HKW Strengthens Investment Team Across Core Competencies with Two New Partners
HKW, a middle-market private equity firm focused on growth companies, today announced that it has hired Laurence Lederer and Devraj Roy as Partners. Based out of HKW’s New York City office, Lederer and Roy will seek to help drive forward HKW’s strategy of prioritizing investments in basic industrial manufacturing, distribution and business services companies including IoT/telematic and tech-enabled businesses where innovation is driving growth in the middle market.
By HKW · Via Business Wire · April 1, 2024
HKW Acquires CMIT Solutions and HTW
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.
By HKW · Via Business Wire · January 9, 2023
HKW expands its portfolio with e-learning solutions provider dominKnow
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.
By HKW · Via Business Wire · December 22, 2022
HKW Portfolio Company Culture Partners Acquires Paradigm Learning
HKW, a middle-market private equity firm focused on growth-oriented companies, announced today that its portfolio company, Culture Partners, has acquired Paradigm Learning. The financial terms of the transaction were not disclosed.
By HKW · Via Business Wire · November 21, 2022
HKW Announces Sale of Telematics Solutions Provider Certified Tracking Solutions
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. Earlier this year, Certified Tracking Solutions became the first company to obtain Canadian Electronic Logging Device (ELD) certification by the acclaimed CSA Group, representing several industry breakthroughs.
By HKW · Via Business Wire · October 11, 2022
HKW Announces Partnership with Chicago-based Golden Country Oriental Food
HKW, a middle-market private equity firm focused on growth-oriented companies, has recapitalized Golden Country Oriental Food L.L.C. and its wholly owned subsidiary Golden Ocean Seafood Inc (hereafter “Golden Country” or the “Company”). The Lee family will remain significant investors in the Company, and the management team will remain in place. Golden Country is a distributor of authentic ethnic foods primarily servicing the grocery, wholesale, and foodservice channels. Golden Ocean is a distributor of frozen seafood servicing the same channels. The Company carries more than 3,500 dry, refrigerated, and frozen SKUs sourced from over 20 countries.
By HKW · Via Business Wire · September 6, 2022
CIS Secure Completes Merger with Intrepid Solutions and Services
HKW, a middle-market private equity firm focused on growth-oriented companies, today announced that its portfolio company, CIS Secure Computing, Inc. ("CIS Secure" or "Company"), acquired Intrepid Solutions and Services, LLC ("Intrepid Solutions"). The financial terms of the transaction were not disclosed.
By HKW · Via Business Wire · August 3, 2022
HKW Announces Promotion of Michael Foisy to President
HKW, an Indianapolis-based middle-market private equity firm, is announcing today Michael Foisy’s promotion to President. Mr. Foisy joined HKW in 2008 to help build out the operations pillar by optimizing HKW portfolio company operations. Over the last 14 years, Mr. Foisy has played a significant role in the evolution of HKW.
By HKW · Via Business Wire · May 6, 2022
Infab Acquires Another Complementary Product Line
HKW, a middle-market private equity firm focused on growth-oriented companies; today announced that its portfolio company, Infab, LLC (“Infab”), has acquired the glove division of International Biomedical, Ltd. The gloves are designed to reduce the amount of radiation exposure during surgical procedures. The financial terms of the transaction were not disclosed.
By HKW · Via Business Wire · April 20, 2022
HKW Invests Into Leading AI-Driven Enterprise Business Intelligence and Decision Making Platform
HKW, a middle-market private equity firm focused on growth-oriented companies, has made a strategic investment in Draup, Inc. ("Draup"), a leading provider of AI-driven data intelligence solutions for corporate leaders across both sales & marketing and human resources. The financial terms of the transaction were not disclosed.
By HKW · Via Business Wire · March 22, 2022
HKW Promotes Meelan Patel to Vice President
HKW, an Indianapolis-based middle-market private equity firm, announced today the promotion of Meelan Patel to Vice President. “Meelan’s commitment to HKW and his accomplishments in sourcing and underwriting demonstrate his potential,” said Ted Kramer, President & CEO of HKW. “The current deal environment requires good instincts and a sharp eye,” said Daniel Kim, Partner at HKW. “Meelan understands what a good investment looks like, and his work ethic and sector experience are unique amongst investment professionals.”
By HKW · Via Business Wire · January 18, 2022
HKW Announces Acquisition of Technical Toolboxes
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.
By HKW · Via Business Wire · January 6, 2022
HKW Announces Sale of Protect Plus Air
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.
By HKW · Via Business Wire · September 29, 2021
HKW Announces Sale of Fresh Direct Produce
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.
By HKW · Via Business Wire · August 11, 2021
HKW Portfolio Company Infab Announces Organizational Changes
HKW, a middle-market private equity firm focused on growth-oriented companies, announced that its portfolio company, Infab Corporation (“Infab” or “Company”), is implementing several organizational changes. These changes support the Company’s long-term growth strategy.
By HKW · Via Business Wire · June 11, 2021
HKW Promotes Rick Ammar to Principal
HKW, an Indianapolis-based middle-market private equity firm, is announcing Rick Ammar’s 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 HKW’s expanding technology efforts.
By HKW · Via Business Wire · June 7, 2021
HKW Announces Internal Promotion to Enhance M&A Strategy
HKW, an Indianapolis-based middle-market private equity firm, is announcing today Michael Terrell’s 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. His responsibilities include evaluating new investment opportunities, due diligence oversight, growth initiatives for portfolio companies, and execution of platform and add-on transactions.
By HKW · Via Business Wire · June 3, 2021
HKW Portfolio Company TRSB Acquires Anglocom
HKW, a middle-market private equity firm, today announced its portfolio company, Traductions Serge Bélair Inc. (“TRSB” or the “Company”), has acquired Anglocom. The financial terms of the transaction were not disclosed.
By HKW · Via Business Wire · May 21, 2021
HKW Announces Acquisition of CIS
HKW, a middle-market private equity firm, today announced the acquisition of CIS Secure Computing, Inc. (“CIS” or the “Company”) from Acorn Growth Companies. CIS is a provider of secure and customized communications technologies that help prevent data leaks/tracking, eavesdropping, and hacking. The financial terms of the transaction were not disclosed.
By HKW · Via Business Wire · April 20, 2021