Private Equity Firm Industrial Services

Hastings Equity Partners

Boston, Massachusetts, United States

Lower middle-market private equity firm (founded in 2004) investing first institutional capital in North American founder-led industrial and business services companies, with a hands-on, long-term partnership approach to support operations and growth.

Focus Areas
Industrial services, Business services

Tracked deals

14

14 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

10 addon · 2 buyout · 1 divestiture

Hastings Equity Partners Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Hastings Equity Partners. 2 2020 2 2021 1 2022 3 2023 2 2024 3 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 14 tracked deals for Hastings Equity Partners.

  • Hastings Equity Partners Invests in Global Facility Management & Construction, Inc.
    May 26, 2026
    Buyer
    Hastings Equity Partners, LLC
    Target
    Global Facility Management & Construction, Inc.
    Industry
    Industrial Services
    Location
    New York, United States
    Type
    Growth capital

    Hastings Equity Partners partnered with Global Facility Management & Construction, Inc., a national facility services provider headquartered in Melville, New York. The investment is intended to support Global’s next phase of growth, including accelerating strategic initiatives and investing in infrastructure and talent for continued expansion.

  • MKD Electric Acquires Sea-Tac Electric
    April 16, 2025
    Buyer
    MKD Electric, LLC, Hastings Equity Partners
    Target
    Sea-Tac Electric
    Industry
    Industrial Services
    Location
    United States
    Type
    Addon

    MKD Electric, a portfolio company of Hastings Equity Partners, acquired Sea-Tac Electric, a Seattle-based electrical contractor. The deal expands MKD’s physical footprint into the Pacific Northwest and supports its growth strategy through both organic growth and acquisitions.

  • GridSource (Hastings Equity Partners) Acquires B. Robinson, Inc.
    February 25, 2025
    Buyer
    GridSource, Inc., Hastings Equity Partners
    Target
    B. Robinson, Inc.
    Seller
    B. Robinson, Inc. (selling shareholders), Bernie Robinson
    Industry
    Telecommunications
    Location
    Texas, United States
    Type
    Addon

    GridSource, a portfolio company of Hastings Equity Partners, has acquired B. Robinson, Inc., a Leander, Texas-based fiber optic construction and communications infrastructure contractor. The deal, which closed February 18, 2025, adds micro-trenching capability to GridSource's service offering and expands its coverage in Texas; the combined company will operate more than 1,000 employees across 39 locations.

  • MKD Electric Acquires Brittain Electric
    January 22, 2025
    Buyer
    MKD Electric, Hastings Equity Partners
    Target
    Brittain Electric, Inc.
    Industry
    Electrical Services
    Location
    Georgia, United States
    Type
    Addon

    MKD Electric, a portfolio company of Hastings Equity Partners, has acquired Brittain Electric, a Georgia-based electrical contractor. The add-on expands MKD's footprint in the Southeast and strengthens its capabilities serving federal, commercial, and industrial clients.

  • Community Tree Service Acquires Southwest Contracting & Associates
    October 29, 2024
    Buyer
    Community Tree Service, Hastings Equity Partners
    Target
    Southwest Contracting & Associates
    Industry
    Environmental Services
    Location
    New Mexico, United States
    Type
    Addon

    Community Tree Service, a Hastings Equity Partners-backed vegetation management platform, has acquired Southwest Contracting & Associates, a Capitan, New Mexico-based tree thinning and trimming provider. The acquisition expands CTS's operations into the Southwestern U.S. and diversifies its customer base with additional state and federal agency relationships.

  • MKD Electric (Hastings Equity) Acquires JSET Automated Technologies & D&L Electric
    August 21, 2024
    Buyer
    MKD Electric, LLC, Hastings Equity Partners
    Target
    JSET Automated Technologies, D&L Electric, Inc
    Industry
    Electrical Services
    Location
    United States
    Type
    Addon

    MKD Electric, a Hastings Equity Partners portfolio company, has acquired JSET Automated Technologies and D&L Electric to expand its capabilities in data center services and broaden geographic penetration across the Southeastern United States. The add-ons reinforce MKD's position as a large nationwide non-union electrical contractor and expand its service offering for industrial, logistics and data center clients.

  • Hastings-backed TERRA Staffing Group Acquires ASG Staffing
    August 7, 2023
    Buyer
    TERRA Staffing Group, Hastings Equity Partners, Tecum Capital, NorthCoast Mezzanine, NorthCreek Mezzanine, Management
    Target
    ASG Staffing, Inc.
    Industry
    Staffing & HR
    Location
    Illinois, United States
    Type
    Addon

    Hastings Equity Partners' Fund V portfolio company TERRA Staffing Group has acquired ASG Staffing, a Bensenville, Illinois-based industrial staffing firm founded in 1995. The deal—supported by mezzanine and equity investors including Tecum Capital, NorthCoast Mezzanine, NorthCreek Mezzanine and management—adds 10 Midwest offices to the TERRA platform, expanding its geographic footprint and accelerating its plan to build a nationwide industrial staffing platform.

  • Celerity Consulting Group Acquires Clear Path Utility Solutions
    April 26, 2023
    Buyer
    Celerity Consulting Group, LLC, Hastings Equity Partners
    Target
    Clear Path Utility Solutions
    Industry
    Engineering Services
    Location
    California, United States
    Type
    Addon

    Celerity Consulting Group, a portfolio company of Hastings Equity Partners, has acquired Clear Path Utility Solutions, a vegetation management and utility consulting firm based in Auburn, California. The add-on expands Celerity's service offering into vegetation management and grid hardening, providing broader capabilities and end-market coverage for gas and electric utility customers.

  • Imperative Chemical Partners Acquires Refinery Specialties (RSI); Hastings and One Equity Recapitalize Imperative
    February 21, 2023
    Buyer
    Imperative Chemical Partners LLC, Hastings Equity Partners, One Equity Partners
    Target
    Refinery Specialties, Inc. (RSI)
    Seller
    RSI Holdings LLC (affiliate of Post Oak Energy Capital, LP), Post Oak Energy Capital, LP, Certain individual investors
    Industry
    Manufacturing
    Location
    Texas, United States
    Type
    Addon

    RSI Holdings LLC, an affiliate of Post Oak Energy Capital, sold Refinery Specialties, Inc. (RSI) to Imperative Chemical Partners LLC in an all-cash transaction. Hastings Equity Partners (with One Equity Partners) recapitalized Imperative and merged RSI into the platform to expand capabilities, geographic reach and accelerate consolidation in the specialty chemicals market.

  • Warren Equity Partners Acquires Code Red Safety from Hastings Equity Partners
    October 25, 2022
    Buyer
    Warren Equity Partners
    Target
    Code Red Safety
    Seller
    Hastings Equity Partners
    Industry
    Industrial Services
    Location
    Texas, United States
    Type
    Divestiture

    Hastings Equity Partners completed a platform investment in Community Tree Service, a Watsonville, California-based provider of vegetation management services. Hastings will partner with founder Adolfo Garcia and the existing leadership team to grow the business organically and via acquisitions while maintaining the company's safety-first culture.

  • Hastings Equity Partners Invests in Celerity Consulting Group
    July 12, 2021
    Buyer
    Hastings Equity Partners
    Target
    Celerity Consulting Group, LLC
    Industry
    Consulting
    Location
    California, United States
    Type
    Buyout

    Hastings Equity Partners announced a platform investment in Celerity Consulting Group, a San Francisco–based information management and utility consulting firm. Hastings will partner with Celerity's existing leadership team to support growth—both organic and via add-ons—to expand the firm's capabilities serving utilities, government, law firms, and corporations.

  • MKD Electric Acquires Powercor Services
    June 8, 2021
    Buyer
    MKD Electric, LLC, Hastings Equity Partners
    Target
    Powercor Services
    Industry
    Industrial Services
    Location
    Virginia, United States
    Type
    Addon

    MKD Electric, a PE-backed industrial electrical services platform, has acquired Powercor Services, a Power Design & Control Systems Integrator based in Sterling, Virginia. The deal is an add-on to the MKD platform (backed by Hastings Equity Partners) and aims to expand MKD's turnkey electrical and systems-integration capabilities across data centers, renewables, parcel distribution and industrial end markets.

Related Acquisition Pages

Industrial Services Buyers & Acquisitions 6 tracked deals by Hastings Equity Partners. Electrical Services Buyers & Acquisitions 2 tracked deals by Hastings Equity Partners. Consulting Buyers & Acquisitions 1 tracked deal by Hastings Equity Partners. Engineering Services Buyers & Acquisitions 1 tracked deal by Hastings Equity Partners. Acquisitions in Texas 3 tracked deals by Hastings Equity Partners. Acquisitions in California 2 tracked deals by Hastings Equity Partners. Acquisitions in Georgia 1 tracked deal by Hastings Equity Partners. Acquisitions in Illinois 1 tracked deal by Hastings Equity Partners.

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