Brookside Capital Partners announces an Investment in Handling Systems and Conveyors, Inc.
Brookside Capital Partners announces an Investment in Handling Systems and Conveyors, Inc.
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."