HANSONS HAS RECEIVED AN INVESTMENT FROM HURON CAPITAL
Birmingham, Michigan – October 25, 2017 – Angle Advisors is pleased to announce that Huron Capital Partners, LLC (“Huron Capital”) has invested in Hansons Holdings, LLC (“Hansons” or the “Company”), in partnership with management. Angle Advisors acted as the exclusive investment banking advisor to Hansons in completing this transaction.
Based in Troy, MI, Hansons is a leading provider of marketing and support services for the installation of replacement windows, roofing, siding, and gutters. Founded in 1988 by Brian Elias, the Chief Executive Officer, Hansons has grown to eight locations throughout Michigan and Ohio. The Company's "1-800-Hansons…Get it Done" jingle is well-known to consumers throughout the region and has positioned Hansons as one of the leading providers of services in the home repair and renovations market in the state of Michigan.
“I’m proud of the brand and business we’ve built at Hansons, and I’m confident Huron Capital is the right partner to help us continue our growth. We look forward to working with the Huron Capital team as we expand into new products and markets,” said Brian Elias, Chief Executive Officer of Hansons. “I am also very appreciative of the team at Angle Advisors and the tremendous job they did helping me, as a business owner, through the sale process for the first time. The team at Angle Advisors took the extra time to help educate me about the complexities of the process to make sure I fully understood the details each step of the way while advising on the successful transaction.”
“Huron Capital has a history of investing in marketing services and consumer businesses, making Hansons a great fit,” said Sean Roberts, Partner at Huron Capital. “Hansons has a highly-visible and well-respected brand. The business has a systematic approach towards lead generation and project management, all of which we believe provides a strong foundation for us as we pursue new growth, both organically and through acquisition.”
Based in Detroit, Huron Capital is an operationally-focused private equity firm with a long history of growing lower middle-market companies through their proprietary ExecFactor® buy-and-build investment model. Huron Capital prefers complex situations where they can help companies reach their full potential by combining their operational approach, substantial capital base, and transaction experience with seasoned operating executives. Founded in 1999, Huron Capital has raised over $1.8 billion in capital through six committed private equity funds and invested in over 140 companies, and its portfolio companies have employed over 11,000 people throughout North America. The Huron Capital buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies having revenues up to $200 million. Huron Capital targets both control and non-control equity stakes in fundamentally-sound companies that can benefit from the firm's operational approach to creating value. Huron Capital's sector focus includes business services, consumer products & services and specialty industrials. For more information, please visit www.huroncapital.com.
Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm's professionals have completed 180 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.