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Hastings Equity Partners Acquires Baton Rouge Utility Contractor

PRIVATEDec 22, 2022

Acquiring Company

Hastings Equity Partners

Acquired Company

Baton Rouge Utility Contractor

Financial ServicesFinanceVenture CapitalAngel Investment

Description

Hastings Equity Partners (“Hastings”), a preferred capital partner to founders of lower middle market businesses, is pleased to announce its second Fund V platform investment in GridSource, Inc. (“GridSource”).

Quick answer

Hastings Equity Partners is acquiring Baton Rouge Utility Contractor, announced December 22, 2022.

How much did Hastings Equity Partners pay for Baton Rouge Utility Contractor?
The deal value was not disclosed.
What does Hastings Equity Partners do?
Founded in 2004, Hastings Equity Partners is a lower middle-market private equity firm.

Source: Fundz verified event record.

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Company Information

Company

Hastings Equity Partners

About

Founded in 2004, Hastings Equity Partners is a lower middle-market private equity firm. Hastings invests first institutional capital in North American founder-led companies within the industrial and business services sectors, where it has deep operating and investing experience. As a preferred capital partner, Hastings seeks to empower businesses to reach their full potential. For almost two decades, the firm has formed long-term partnerships with entrepreneurs while utilizing a hands-on approach to enhance operations, provide strategic support, and accelerate growth. For more information, visit http://www.hastingsequity.com

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Frequently asked

Who acquired Baton Rouge Utility Contractor?

Baton Rouge Utility Contractor was acquired by Hastings Equity Partners. The deal was reported on December 22, 2022. Founded in 2004, Hastings Equity Partners is a lower middle-market private equity firm. Hastings Equity Partners is privately held and operates in Financial Services.

When did Hastings Equity Partners acquire Baton Rouge Utility Contractor?

Hastings Equity Partners's acquisition of Baton Rouge Utility Contractor was reported on December 22, 2022. Hastings Equity Partners (“Hastings”), a preferred capital partner to founders of lower middle market businesses, is pleased to announce its second Fund V platform investment in GridSource, Inc. (“GridSource”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Baton Rouge Utility Contractor do?

Baton Rouge Utility Contractor is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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