HCI Equity Partners Celebrates Impressive Growth
In an exciting announcement, HCI Equity Partners has shared that five of its portfolio companies have earned a prestigious spot on Inc. 5000's regional list of the fastest-growing private companies in America. This recognition, which celebrates companies based on their remarkable revenue growth over a two-year period, showcases HCI's commitment to fostering successful enterprises within various sectors.
Top Performers Recognized in Regional Lists
With companies hailing from regions such as the Midwest, Northeast, and Southeast, these achievements highlight the dynamic growth environment cultivated by HCI. The growth of these companies is a testament to the tireless dedication of their managers and teams, striving to innovate and serve their markets effectively.
Midwest Achievements
One standout, Consolidated Hospitality Supplies, achieved an impressive ranking of #67 on the Midwest regional list. As a distributor of essential operating supplies for the hotel and motel industry, Consolidated Hospitality Supplies offers a broad range of products, including linens, guest amenities, and foodservice supplies. Their ability to adapt to market demands has resulted in an extraordinary revenue increase of 86% from 2021 to 2023.
Another Midwest highlight, MSI Express, ranked #124 on the same list. Specializing in food and beverage packaging solutions, MSI Express has significantly increased its efficiency by providing innovative engineering solutions tailored for top food brands. The company saw its revenue climb by 32%, leading to its acquisition by Nonantum Partners in March 2025.
Northeast Success Stories
In the Northeast, Regent Cabinet Solutions shone brightly, securing the #63 spot on the regional list. This company specializes in custom cabinetry solutions and has demonstrated significant growth, with a remarkable revenue increase of 129%. With over 120,000 installations, Regent ensures quality at every design and installation phase, catering to multifamily dwellings and renovations.
Growing Strong in the Southeast
Moving on to the Southeast, Driven Distribution Group earned the rank of #164. This platform operates as a warehouse distributor for automotive aftermarket parts, with a key focus on customer service and operational excellence, resulting in a 44% revenue growth from 2021 to 2023.
Lastly, Tech24 made waves with its position at #102 on the Southeast regional list. This company excels in installation and maintenance services for foodservice equipment, showcasing a phenomenal growth of 105% through smart acquisitions and organic growth strategies.
Conclusion: A Commitment to Success
The growth stories of these five companies reflect HCI Equity Partners’ commitment to nurturing promising ventures. Doug McCormick, Managing Partner and CIO, remarks on the impressive accolades and recognizes the collective effort behind this success, illustrating HCI’s effective growth strategy integrated with high-potential managers and entrepreneurs. As these businesses continue to flourish, they offer a glimpse into the potential of strategic partnerships and innovative practices in today's competitive market.
Frequently Asked Questions
What is HCI Equity Partners?
HCI Equity Partners is a private equity firm that invests in lower-middle-market companies, helping to foster their growth through strategic partnerships and investments.
What is the Inc. 5000 list?
The Inc. 5000 is an annual list that recognizes the fastest-growing privately held companies in America based on revenue growth over a defined period.
Which companies from HCI were recognized?
Consolidated Hospitality Supplies, MSI Express, Regent Cabinet Solutions, Driven Distribution Group, and Tech24 are the five companies from HCI recognized on the Inc. 5000 list.
What sectors do these companies operate in?
These companies span a variety of sectors, including hospitality supplies, food and beverage packaging, cabinetry solutions, automotive distribution, and foodservice maintenance.
What does this recognition mean for HCI?
This recognition highlights HCI's successful growth strategy and its effective partnerships with innovative management teams across various industries.
