MSI Express (HCI-backed) Acquires PacMoore's Hammond Contract Manufacturing Operations

MSI Express (HCI Equity Partners-backed) Acquires Power Packaging

December 31, 2019

Packaging

MSI Express, a portfolio company backed by HCI Equity Partners, acquired Power Packaging on December 31, 2019. The add-on expands MSI Express’s contract packaging and co-manufacturing capabilities (including aseptic beverage filling and stick packaging), increases production footprint across the Midwest and Texas, and brings new customer relationships and food categories to the platform; financial terms were not disclosed.

Nonantum Capital Partners Acquires MSI Express from HCI Equity Partners

March 24, 2025

Food & Beverage

Nonantum Capital Partners, a Boston-based middle-market private equity firm, has acquired MSI Express, a Portage, Indiana–headquartered co-manufacturer and co-packer for food and beverage brands, from HCI Equity Partners. The deal closed March 24, 2025; financial terms were not disclosed. Nonantum said it will support continued growth and scaling of MSI's multi-facility operations.

HCI Equity Partners Acquires Express Packaging

February 12, 2019

Packaging

HCI Equity Partners has acquired Express Packaging, a Newcomerstown, Ohio-based provider of outsourced contract packaging and contract manufacturing services for global consumer brands. Patriot Capital Group provided subordinated debt and an equity investment to support the transaction; Express operates three SQF Level 3 certified facilities in West Chicago, IL; Columbus, OH; and Newcomerstown, OH.

Harvest Partners Acquires Service Express from Pamlico Capital

November 22, 2019

IT Services

Funds managed by Harvest Partners have acquired Service Express, a Grand Rapids-based provider of post-warranty data center equipment maintenance services, from Pamlico Capital. Service Express' management, led by CEO Ron Alvesteffer, will remain significant owners as Harvest provides capital and strategic resources to accelerate geographic expansion and market penetration.

ACR (AmerCareRoyal) Acquires Mat-Pac, Inc.

October 9, 2024

Packaging

ACR (AmerCareRoyal), a portfolio company of HCI Equity Partners, has acquired Mat-Pac, Inc., a supplier of paper, plastic, aluminum and sustainable packaging solutions for the North American foodservice and janitorial/sanitation markets. The add-on strengthens ACR's product portfolio, expands its reach across foodservice and JanSan end markets, and retains the Mat-Pac leadership (the Jimenez family) in an ongoing role.

H.I.G. Capital Acquires SMTC Corporation

April 5, 2021

Manufacturing

H.I.G. Capital completed the acquisition of SMTC Corporation, a publicly listed electronics manufacturing services (EMS) provider. H.I.G. said the partnership will enable SMTC to accelerate growth through investments in customers, capabilities and its operating footprint across the United States and Mexico.