Tue, Jul 21, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Dan Dickinson to become HCI Equity Partners executive chairman

Monday, July 31, 2023
Opalesque Industry Update - HCI Equity Partners, a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and service companies, today announced the planned transition of Dan Dickinson from Managing Partner to become Executive Chairman. Doug McCormick, Managing Partner and Chief Investment Officer, will lead the firm, and will be joined by Scott Gibaratz, Partner, and Bob Hund, Operating Partner, to lead HCI's operations, investments and strategic direction.

Mr. Dickinson will continue to assist Mr. McCormick in overseeing HCI's management company, strategy, continued deployment of its most recent fund and investor relations. Mr. McCormick will work alongside Mr. Gibaratz, who leads the firm's transaction processes, and Mr. Hund, who oversees the operations team, to continue deploying HCI's strategy of portfolio company consolidation, organic growth and extensive operational engagement. Each partner brings deep experience in the U.S. industrial space, having held leadership positions at industrial businesses previously in their careers and, within HCI, have overseen 11 platforms over the last decade that have collectively completed 36 add-on acquisitions.

"It's been an honor to work with Doug in leading such an outstanding team for the last 22 years," said Mr. Dickinson. "In the crowded lower middle-market, we've successfully found our niche by creating platforms within fragmented sectors of the distribution, manufacturing and service industries and building much stronger leading companies through add-on acquisitions and operational enhancements. I'm very confident that with Doug's leadership, the HCI team will continue to execute and expand on the strong foundation we've achieved together."

"Dan has played a vital role in driving our transformational growth and we look forward to his continued involvement and guidance as Executive Chairman in our transition to an expanded leadership team," said Mr. McCormick, Managing Partner at HCI. "I'm confident that HCI will continue to thrive with our deep and experienced team and proven success as we build and grow leading businesses in the middle market."

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m