Our Approach

The Heming"Way"

A disciplined, transparent process built on servant leadership — from first conversation through long-term partnership.

We are not just another private equity firm.

We are built on total transparency and a commitment to servant leadership.

01
Due Diligence
  • Before closing, our team thoroughly drafts diligence requirements to each business's unique circumstances.
  • We work through the transaction process with full transparency. This includes being realistic with business owners on uncovered risks or timelines to closing — no hidden agendas, no empty promises.
  • A disciplined communication cadence to help management teams prioritize diligence workstreams and root themselves back in the "why". This is key to building a confident, trusting, long-term relationship.
  • Assist in data analysis where appropriate and take full accountability for the entire process.
02
Purchase Price & Risk Management
  • We always pay a full and fair price for a business, but do so without making the investment and operating environment significantly riskier by taking on excess leverage.
  • Our focus is on ensuring the company has operating flexibility post-closing — we typically add meaningful commercial resources and infrastructure costs to unleash breakthrough growth.
  • Downsides happen, particularly early in investment hold periods, which is why we ensure Management Teams have adequate liquidity to avoid unexpected situations that could damage relationships with employees, customers, vendors, and investors.
03
Investment Hold Period
  • Leveraging our extensive capital partner network, we raise capital on a per investment basis, choosing committed long-term investors aligned with your specific business model and growth goals.
  • Limited Partners we align with are typically longer-term hold investors, underwriting the specific investment thesis to your business — not a broader fund portfolio.
  • This approach prevents unforeseen behaviors driven by the pressure of the typical private equity "fund cycle".
04
Post-Closing Operations
  • Expect radical transparency from day one. We take pride in our open-book communication style and will clearly share what to expect after closing, so you won't be left in the dark about what life will be like once the transaction is completed.
  • We work 'for' our partner companies, not the other way around. From strategic guidance, executive recruiting, reporting tool implementation, operational execution, and commercial pipeline development, we serve as an active resource for our partners.

Value Creation

Formula for Success

As seasoned operators, we assist in drafting and executing customized value creation plans to drive long-term success. We support best-in-class management teams with tailored skills and execution capabilities for transformational growth.

Invest in Talent

Invest in Talent

Every step of the way. No hidden agendas. A trusted advocate.

Optimize Processes

Optimize Processes

Strategic and execution resources to ignite value creation. We empower management teams.

Scale Up

Scale Up

We work for our partner companies, not the other way around. We honor past contributions while building a new enduring legacy.

Areas of Interest

Sectors

Areas of Interest

  • Industrial Manufacturing
  • Business & Industrial Services
  • Value-Added Distribution

Target Profile

Partner Company Attributes

  • Revenue under $100 million
  • EBITDA between $3 and $10 million
  • U.S.-based operations
  • Industrial focused
Partner Companies

Our Thesis

The Blueprint for Success

Hemingway Capital invests in industrial manufacturing, business & industrial services, and value-added distribution companies where our expertise can create a meaningful impact. Our ideal partners are companies at pivotal inflection points in their story — whether facing family succession, ownership transitions, or corporate carve-outs. Above all, we seek partnerships where values and vision align, and where executive collaboration can drive transformative growth. Through this connection, our partner companies gain unrivaled access to operating talent, industry experts and strategic insights.

“
Hemingway offers us a huge pool of expertise that we can tap into, as needed, to accelerate our growth plans.
— CEO of Partner Company