HBM Holdings (“HBM”) has acquired HarperLove from Graycliff Partners. HBM Holdings is an investment and management company that acquires, supports, and operates middle-market businesses in industrial products and services. With a strategy focused on growing a diversified portfolio using a long-term buy and build approach, HBM provides its businesses with professional management expertise, financial resources, and high potential human capital to accelerate their growth. HBM invests in high-performing companies in the precision machined components, packaging, chemicals and minerals, and environmental services sectors. The acquisition expands HBM’s portfolio of specialty manufacturing and service companies, adding HarperLove to the existing roster of Aerofil Technology, Mississippi Lime Company, Schafer Industries, and
Tru-Flex, LLC.
“HarperLove’s wealth of experience in the corrugating manufacturing process, clear commitment to their customers’ performance, and proven growth strategy make them an excellent fit for the HBM portfolio,” said Anderson Fincher, CEO of HBM. “We see a terrific opportunity to support their skilled management team in building additional value for the company and its customers as we build in this market and expand further into the packaging space.”
Alan Clark, HarperLove CEO, commented, “HBM Holdings quickly stood out as the right partner for our long-term success. Not only do they know the specialty chemicals and packaging markets, but they really took the time to understand HarperLove and the value of our high-touch sales and service model. That is what sets us apart; it’s why we have such strong customer retention. We are looking forward to continuing our industry leadership and growth as part of the HBM portfolio.”
The current HarperLove leadership team will remain in their roles and continue to drive the growth strategy for the business.
For more information, visit https://hbmholdings.com.
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