 |
 |
|
|
Our Investments
 |
All Island Media Inc. is Long Island’s leading independent publisher of shopper publications, delivering local advertising to over 726,000 homes.
|
 |
Black Clawson Converting Machinery, Inc. is an industry leader in the design, assembly, installation and service of flexible web converting and plastics processing equipment worldwide.
|
 |
Davis-Standard, LLC is a global leader in the design, development and manufacturing of extrusion systems and process controls for the flexible web converting, plastics processing and rubber industries. The company manufactures extrusion equipment for blown film, blow molding, cast film, extrusion coating and laminating and other applications.
|
 |
Dexter Magnetic Technologies is a global provider of magnetic solutions serving focused markets. With outstanding technology & operational excellence, Dexter Magnetic is a global source for permanent magnet and electromagnetic products, off-the-shelf or custom-design magnets, and complete magnetic systems.
|
 |
The Fitzpatrick Company’s leading global position in pharmaceutical process equipment was built upon its brand, process knowledge, and employee base.
|
 |
GranQuartz is a fast growing distributor of stone cutting, shaping, grinding and polishing tools to the residential, industrial and commercial stone markets in North America.
|
 |
Lifestyle Media Inc. is a fast growing publisher of magazines and directories, and operator of conferences and trade shows that serves special interest, “enthusiast” categories.
|
 |
Magnatech International, Inc. is the world leader in the design and production of superior braiding, wire spiraling and bobbin winding systems and related parts used in the manufacture of high and medium pressure reinforced hose.
|
 |
Trillion Digital Communications is a rapidly growing broadband communications and connectivity
services provider that develops infrastructure solutions to
bridge the digital divide in the rural U.S.
|
Past Investments
 |
AGCO Corporation (Duluth, GA) was purchased by HRCo in 1990 from KHD of Cologne, Germany. The company grew dramatically through add-on acquisitions and a well executed dealer development strategy. After taking the company public in 1992, HRCo exited this investment through secondary stock offerings.
|
 |
Applied Process Solutions Inc. (Tulsa, OK) was formed in 1998 to create a leading global oil and gas process equipment company through the acquisition of the T.H. Russell Co. of Tulsa, Oklahoma by Maloney Industries Inc. of Calgary, Alberta, Canada, an HRCo portfolio company. After substantial growth, the business was sold to a publicly-traded energy services company in 2000.
|
 |
Galveston-Houston Company (Houston, TX) was a growth capital investment of HRCo from 1987 through 1992. Galveston-Houston was a manufacturer of flow measurement devices for industrial and energy use and is today a part of Daniel Industries.
|
 |
Hearthstone Assisted Living, Inc., a prior investment by an HRCo principal, is a Houston based developer
and operator of assisted living facilities for seniors of moderate
income, had strong industry growth prospects and an experienced
management team with a proven reputation.
|
 |
Maginnis and Associates, Inc. (Chicago, IL), purchased by HRCo in 1989, was a leading specialty insurance broker for medical practitioners. HRCo backed management in a transaction that satisfied estate needs of the founder’s widow. Maginnis is now part of Marsh McLennan.
|
 |
Maloney Industries Inc. (Calgary, Alberta, Canada) was acquired by HRCo in 1995. This traditional management buyout put a core group of management, engineering, production and sales personnel in an ownership position while satisfying estate planning requirements for the founder of the business. Maloney became a subsidiary of Applied Process Solutions Inc. in 1998.
|
 |
Paula Financial, a prior investment by an HRCo principal, is a leading underwriter of specialized workers
compensation insurance for the agribusiness markets, primarily
in the western U.S. The company is a market leader in
its industry, allowing for value added services and the potential
for favorable profit margins.
|
 |
Petreco International Inc. (Houston, TX) was formed by HRCo and operating management in 2001 for the divestiture of the upstream process equipment division of Baker Hughes Inc. A very favorable UK acquisition and positive industry dynamics made the company a logical acquisition by a large energy service company and Petreco was sold in 2004.
|
 |
Republic Realty Mortgage Corporation (Chicago, IL), purchased by HRCo from First Interstate Bancorp in 1992, was the nation’s leading commercial mortgage bank. The acquisition of Nation Bank’s commercial mortgage banking operations further increased market presence and allowed the business to become the dominant industry player when sold to GMAC Commercial Mortgage in 1995.
|
|
|
|
 |
|
|
