Investment Summary

Hastings Equity Partners Invests In Celerity Consulting

On July 12, 2021, private equity firm Hastings Equity Partners invested in information services company Celerity Consulting

Investment Highlights
  • This is Hastings Equity Partners’ 1st transaction in the Information Services sector.
  • This is Hastings Equity Partners’ 28th transaction in the United States.
  • This is Hastings Equity Partners’ 2nd transaction in California.

Investment Summary
Date 2021-07-12
Target Celerity Consulting
Sector Information Services
Investor(s) Hastings Equity Partners
Deal Type Growth Capital

Target

Celerity Consulting

San Francisco, California, United States
Celerity Consulting is a provider of information management consulting services for gas and electric utilities, state governments, law firms, and corporations. Celerity specializes in helping its customers retrieve, organize, and analyze large, complex data and records for litigation, compliance, and risk management purposes. Celerity Consulting was founded in 2001 and headquartered in San Francisco, California.

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Investor(S) 1

Investor

Hastings Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
Size Middle-Market
Type Sector Focused
DESCRIPTION

Hastings Equity Partners is a private investment firm focused on small to mid-sized enterprises in the business and industrial services sector. Hastings looks to invest in and acquire North American companies with trailing EBITDA of $5 to $20 million. Hastings looks for control situations only and will consider funding buyouts (LBOs, MBOs), recapitalizations, and growth capital financings. Hastings Equity Partners was formed in 2004 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 29 of 34
Sector (Information Services) 1 of 1
Type (Growth Capital) 10 of 13
State (California) 2 of 3
Country (United States) 28 of 33
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-03 MKD Electric

Elgin, Illinois, United States

MKD Electric is a full-service electrical, instrumentation, and systems, integration contractor. MKD Electric designs, builds, installs, and maintains client systems, projects and facilities by focusing on safety, quality and value through industry-leading training initiatives and relationship focus. MKD Electric was founded in 1995 and is based in Elgin, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-29 Reach Wireline

Fort Worth, Texas, United States

Reach Wireline is a provider of Cased Hole Wireline and Pumpdown Services to exploration and production companies. Reach is a technologically differentiated service provider that offers leading edge greaseless cable. The company specializes in extended laterals, highly deviated wells and complex completion designs. Reach maximizes efficiencies for its customers by focusing on safety, performance and operational risk.

Sell -
Mergr

Product

Company

Legal