HCAP Partners Invests in IND, Inc.
November 20, 2025
HCAP Partners has invested in IND, Inc. to support management's buyout of IND's majority shareholder and provide capital for facility expansion, working capital, and growth. IND, headquartered in Vancouver, Washington, provides critical cleaning, coating, refurbishment, and engineering services to semiconductor equipment manufacturers and will remain led by founder and CEO Jonathan Lovegrove.
- Buyers
- HCAP Partners
- Targets
- IND, Inc.
- Sellers
- IND's majority shareholder
- Industry
- Industrial Services
- Location
- Washington, United States
- Transaction Type
- Recapitalization
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