Hidden Harbor Capital Partners Acquires Dayco, LLC

Hidden Harbor and Carlyle AlpInvest Close $850M Continuation Fund to Acquire Interests in Dayco, SuperHero, ACS and Inspire

May 7, 2025

Industrial Services

Hidden Harbor Capital Partners and Carlyle AlpInvest closed a continuation fund with more than $850 million of commitments to acquire interests in four Hidden Harbor portfolio companies: Dayco, SuperHero Fire Protection, Air Conditioning Specialist (ACS) and Inspire Aesthetics. The transaction provides liquidity to existing limited partners while supplying new capital to support growth initiatives across the portfolio.

AURELIUS Acquires Dayco Propulsion Solutions Business

May 2, 2024

Manufacturing

AURELIUS Private Equity has acquired Dayco's Propulsion Solutions division in a carve-out from Dayco Incorporated, a company backed by Hidden Harbor Capital Partners. The business — a global supplier of power transmission systems for light-vehicle and commercial/off-highway OEMs with more than $450m in revenue — will be positioned for operational transformation and growth under AURELIUS.

Hidden Harbor Capital Invests in Coast to Coast Logistics

February 11, 2025

Logistics & Distribution

Hidden Harbor Capital Partners has made a strategic growth investment in Coast to Coast Logistics, a Deerfield, Illinois–based non-asset third-party logistics provider specializing in drayage freight brokerage. The deal will provide capital and resources to support the company's growth and market expansion while CEO and founder David Fishbein remains as CEO and an equity holder.

Hidden Harbor Capital Partners Acquires Air Conditioning Specialist, Inc.

September 8, 2021

HVAC & Mechanical

Hidden Harbor Capital Partners, a Boca Raton-based private equity firm, acquired Air Conditioning Specialist, Inc. (ACS), a Georgia-based HVAC service provider with locations in Milledgeville and Covington. The transaction closed on August 31, 2021 (terms undisclosed); Hidden Harbor said it will support ACS’s growth and expansion of service offerings across Georgia and the southeastern United States.

MidOcean Partners Acquires Cloyes

February 22, 2022

Automotive

MidOcean Partners has acquired Cloyes, a North American leader in timing drive systems and engine components, from Hidden Harbor Capital Partners. MidOcean plans to grow Cloyes through organic initiatives and strategic M&A to build a stronger platform in the automotive aftermarket; financial terms were not disclosed.

Hidden Harbor Capital Partners Acquires Machinery Services Corp. & Rapid Pump & Meter Service Co.

August 29, 2022

Industrial Services

Hidden Harbor Capital Partners, a Boca Raton-based private equity firm, acquired Machinery Services Corp. and Rapid Pump & Meter Service Co. (MSC&RPM), a Paterson, New Jersey provider of pump, motor and water/wastewater infrastructure services. The acquisition closed July 21, 2022; Hidden Harbor will partner with management to pursue growth and expand MSC&RPM's footprint in municipal, industrial and transportation end markets.