PE Deals

HCI exits food logistics service provider SouthernAg

Republic Partners served as the financial advisor to SouthernAg while Vedder Price served as legal counsel.

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  • HCI Equity Partners invests in the lower middle market
  • HCI is headquartered in Washington, DC

HCI Equity Partners has sold Albany, Georgia-based SouthernAg Carriers Inc, a transportation and logistics service provider for agricultural and related processed food manufacturers. No financial terms were disclosed.

“HCI was an incredible partner for our company,” said SouthernAg CEO John Kenneally, in a statement. “They had a sense of care and appreciation to our family-style business which we think makes SouthernAg unique. The ability to align with our team’s values sets HCI apart as a private equity firm.”

Republic Partners served as the financial advisor to SouthernAg while Vedder Price served as legal counsel

HCI Equity Partners is a lower market private equity firm focused on partnering with family and founder-owned distribution, manufacturing and service companies. HCI is headquartered in Washington, DC.