Page 95 - TACC 2023 Program

hastingsequity.com

About Hastings End Markets

Hastings Equity Partners is a leading Gas, Electric &
lower middle market private equity Water Utilities Facility Services Business
firm, focused on investing in industrial Consulting
and business service companies.

Wind, Solar & Road Telecom &
Focus Battery Storage Infrastructure Data Center

Industrial Platform Size Add On Size
Services $20–150M $5–25M $1M+
Revenue Trailing EBITDA Trailing EBITDA

Business Investment Criteria  Proven business model with
Services  North American-based record of earnings growth
 Management continuity preferred  Control position

Current Investments

Inv.
Company Description Type End Market(s)
Date
Food & Beverage
Established industrial staffing partner providing experienced and 2023 Platform Logistics
qualified light industrial labor to a diverse set of end markets.
Manufacturing
Leading provider of mission-critical services for advanced
broadband, communications, and gas utility infrastructure 2022 Platform Telecommunications
Gas Utilities
throughout the Southeast.
Traffic Provider of traffic control services including equipment rental, Road Infrastructure
Control line striping, and flagging for public and private customers in the 2022 Platform Gas & Electric Utilities
Partners Midwest, specifically for road infrastructure and utility customers

Leading provider of highly recurring vegetation management 2022 Platform Electric Utilities
and emergency response services Municipalities
Control systems integration that includes automation & controls 2022 Add-on Food & Beverage
engineering and IoT integration (MKD) Life Sciences
Provider of data network cable plant design, installation, Add-on
and support solutions for mission critical data centers 2021 (MKD) Data Center
Gas & Electric Utilities
Leading provider of data management services focused 2021 Platform State Governments
on the retrieval, eDiscovery, and analysis of complex data
Large Corporations
System integration, electrical testing, engineering, 2021 Add-on Data Center
and equipment retrofit services within data centers (MKD)
Logistics
Full-service electrical, instrumentation, and automation provider 2021 Platform Food & Beverage
to service and install complex electrical systems Renewable Energy
Manufacturing
Refining
Leading provider of scaffolding, insulation, and industrial 2019 Platform Specialty Chemical
coating services to support major industrial facilities
Power Generation
Provider of specialized refractory, mechanical, and industrial 2019 Platform Refining
coatings services to major industrial facilities Specialty Chemical