Brookside Capital Partners is pleased to announce its investment in Handling Systems and Conveyors, Inc. (“HSC” or the “Company”). Founded in 1992, HSC is a vertically integrated designer, manufacturer, installer and service provider of crane, hoist, conveyor and tooling solutions serving aerospace & defense, industrial manufacturing and transportation end markets. The Company provides engineered material handling systems and aftermarket services that support automation, productivity and safety across complex manufacturing environments.
Brookside Capital Partners provided unitranche debt and an equity co-investment to support the acquisition of HSC by HKW, a middle-market private equity firm focused on growth companies.
“We are honored to be selected as a financing partner, once again, by HKW and support them in their acquisition of HSC” said Greg Foy, Partner at Brookside Capital Partners. “We believe HSC is well-positioned to continue on its path of success and continued growth.”
About Brookside Capital Partners
Brookside has invested $1.4 billion since its founding in 2001. We are a leading provider of flexible capital solutions to lower middle-market companies, typically in the form of subordinated debt, unitranche loans and minority equity co-investments. Brookside generally invests $5 million to $30 million per transaction and has the resources to complete larger transactions, as well, by partnering with limited partners and associates. As a firm, we believe in partnership, collaboration, and achieving results together. We value the relationships with our sponsor and management partners and seek to find credit solutions that work for each unique situation. We deliver on our promises.
Please contact us or visit our website at brooksidecp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.