Nonantum Capital Partners Acquires MSI Express from HCI Equity Partners

DL Capital Partners and Center Element Capital Acquire Management Science & Innovation (MSI)

January 18, 2022

IT Services

DL Capital Partners partnered with Center Element Capital (led by Daniel Heckman) and other U.S. investors to acquire Management Science & Innovation (MSI), a Washington, D.C.‑area provider of strategy, technology and intelligent automation services to federal and commercial clients. Daniel Heckman was named MSI's CEO as the investors pursue growth in the rapidly expanding RPA and intelligent automation market.

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

October 26, 2021

Food & Beverage

MSI Express, backed by HCI Equity Partners, acquired select contract manufacturing and packaging assets from PacMoore Products, Inc. on October 25, 2021. The transaction adds PacMoore’s Hammond, Indiana operations to MSI’s Indiana footprint as a third add-on to the HCI-backed platform, expanding capacity and complementary capabilities for CPG customers.

Nonantum Capital Partners Acquires Ross-Simons

December 10, 2020

E-Commerce

Boston-based private equity firm Nonantum Capital Partners has acquired Rhode Island-based direct-to-consumer jeweler Ross-Simons. The deal will keep founder Darrell Ross and CEO Jim Speltz as owner-partners while Nonantum supports the company's next stage of growth and omnichannel expansion.

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.

Luminate Capital Partners Invests in MSI Data

September 11, 2019

Cloud & SaaS

Luminate Capital Partners made a strategic growth investment in MSI Data to support product development, scale the team, and accelerate go-to-market efforts for MSI’s field service management SaaS platform. Financial terms were not disclosed; Luminate partners joined MSI’s board and advisors to the transaction included GrowthPoint Technology Partners (financial advisor to MSI) and Kirkland & Ellis (legal advisor to Luminate).

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.