HCI Equity Partners Completes Sale of MSI Express
- Editor
- Mar 26
- 2 min read
Whats Happening:
HCI Equity Partners, a lower-middle-market private equity fund, has completed the sale of its portfolio company, MSI Express, to Nonantum Capital Partners. MSI Express, founded in 2008, is a contract manufacturing and packaging partner for leading food and beverage brands. Under HCI's ownership, MSI experienced significant growth, expanding from 450,000 sq. ft. to over 2.5 million sq. ft. of production space across 15 locations in six states.
Key Moves:
HCI Equity Partners sells MSI Express to Nonantum Capital Partners
MSI Express grew from 450,000 sq. ft. to over 2.5 million sq. ft. of production space
Company expanded to 15 locations across six states
By The Numbers:
MSI Express experienced topline growth in excess of 10x under HCI's ownership
HCI completed three strategic add-on acquisitions for MSI
MSI grew from 450,000 sq. ft. to over 2.5 million sq. ft. of production space
Key Quotes:
"MSI Express has experienced significant growth and success over the past six years with the support of HCI—not only with respect to M&A, but also from HCI's in-house operations team," said Charles Weinberg, MSI CEO.
"It has been our honor to work with the top-notch MSI team over the past six years. MSI is illustrative of HCI's mandate to partner with an exceptional management team to deliver transformational growth," commented Doug McCormick, HCI Managing Partner.
Bottom Line:
HCI Equity Partners' successful exit from MSI Express demonstrates the fund's ability to drive significant growth in the lower-middle-market. By partnering with management and leveraging its in-house operations team, HCI transformed MSI into a leading national player in the food co-manufacturing industry, showcasing its strategy of delivering transformational growth through both organic expansion and strategic acquisitions.
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