HCI Equity Partners Celebrates Two Portfolio Companies on Inc. 5000's 2025 Fastest Growing Companies List
HCI Equity Partners Celebrates Two Portfolio Companies on Inc. 5000's 2025 Fastest Growing Companies List
In a remarkable achievement, HCI Equity Partners, a renowned private equity firm focused on lower-middle-market investments, has announced that two of its portfolio companies, Tech24 and Regent Cabinet Solutions, have made it to the Inc. 5000's 2025 list. This list recognizes the fastest-growing private companies in America, celebrating the remarkable accomplishments of entrepreneurial ventures.
HCI’s Managing Partner and CIO, Doug McCormick, expressed pride in the achievements of both companies. He emphasized that these milestones showcase the effectiveness of HCI’s partnership model in nurturing businesses that have a sustainable and lasting impact. Tech24 and Regent Cabinet Solutions previously earned recognition on the Inc. 5000's list of fastest-growing companies in 2024 as well, solidifying their status as leaders in their respective fields.
Tech24: Leading the Way in Foodservice
Founded to cater specifically to the needs of foodservice facilities, Tech24 specializes in installation, preventative maintenance, and repair services for a wide array of cooking, refrigeration, and beverage equipment across the United States. Additionally, the company offers HVAC, electrical, and plumbing services, ensuring comprehensive support for foodservice businesses.
Between 2021 and 2024, Tech24 has seen a 125% revenue growth, a testament to its robust operational strategies, which include strategic acquisitions and innovative growth initiatives. Moreover, the company's workforce expanded by 87%, reflecting its increased capacity to meet rising demand in the foodservice sector.
Regent Cabinet Solutions: Crafting Excellence in Custom Cabinetry
On the other hand, Regent Cabinet Solutions offers a complete suite of services that includes custom cabinetry, countertops, and hardware solutions tailored for multi-family developers, contractors, renovators, and property owners. The company oversees the design, manufacturing, installation, and finishing touches for numerous new multi-family developments and property renovations, achieving over 120,000 installations since its inception in 2012.
Founded by CEO Reuvan Sternstein, Regent Cabinet Solutions reported an impressive 165% revenue growth from 2021 to 2024 and expanded its workforce by 158%. This growth showcases Regent's commitment to quality and its ability to scale operations while fulfilling the increasing needs of its clients.
Acknowledging Entrepreneurial Success
Mike Hofman, editor-in-chief of Inc., noted that making the Inc. 5000 list is a significant achievement, particularly in the current economic climate characterized by fluctuating costs and global challenges. The success of Tech24 and Regent Cabinet Solutions stands as a powerful reminder of the resilience and determination that embody the spirit of entrepreneurship in America. These companies not only survived but thrived amid adversity, contributing to the narrative of growth in the U.S. economy.
Conclusion
HCI Equity Partners is committed to continuing its support for Tech24, Regent Cabinet Solutions, and all its portfolio companies, ensuring they have the necessary resources and guidance to sustain their growth trajectories. For those interested in exploring the complete list of recognized companies by Inc., details can be found on www.inc.com/inc5000.
HCI Equity Partners, headquartered in Washington, D.C., remains focused on partnering with family-owned and founder-led businesses to fuel growth and innovation in the lower middle market, solidifying its reputation as a leader in private equity investment. For further insight into HCI’s mission and portfolio, visit www.hciequity.com.
Topics Business Technology）
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